• Real Estate Deal of the Day January 8, 2020

    Real Estate Deal of the Day January 8, 2019

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    Update: This property just sold since the recording was made.

    MLS Deal Property

    1510 Montague Avenue, Dallas, Texas 75216

    List Price: $75,000
    Bed/Bath/Pool/Stories: 4/2.0/0/1

    MLS Deal Finder Estimated Value:                            $119,010
    MLS Deal Finder Estimated Discount:                      $44,010
    MLS Deal Finder Estimated Discount%:                   36.98%

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    Real Estate Deal of the Day January 8, 2020

    [Video Transcription]

    This is Real Estate IQ’s Deal of the Day. And today we have found an awesome deal for you, in the DFW market.

    Hello everyone and welcome to Real Estate IQ's Deal of the Day for Dallas-Fort Worth Metro. Our Deal today would be at 1510 Montague Avenue, Dallas, Texas 75216. Using our software, let's look into the details of our property.

    The current listing price for this deal will be at $75,000, it's worth about $119,010, and its list price per square foot is $75 price per square foot or estimated price per square foot is $119.01. 

    We're looking at a very hot deal here with a big discount index or percentage of 36.98%, with a gross discount of $44,010. The MLS number for our Deal of the Day would be 13997418. I'll give you guys a few seconds to look into the agent's name and write down his phone number.

    We're looking at a 4 beds and 2 baths residential property built in the year 1947, with a square feet of 1000.

    Alright, let's look into the comps that we have in the market. So based on our software, using quarter mile distance, we have several comps nearby. Let's take a closer look at where we are right now.

    Here's our Deal of the Day or subject property. And let's look into the investment summary. So now, it is for $75,000 and with an IQ discount of $44,010.

    Let's now look into the comps. We're looking here for comps in the market that are less than 188. And let's look at the photos of our subject property. Seems that the family used to live here in an abandoned place, and this definitely needs a lot of cleaning to be done. There's a need to update some parts of the walls, especially the parts that are torn.

    Right now, let's check the other best comps we have in the market. So this one is at 1423 Adelaide Drive. I believe this is the closest comp we have. Here's the kitchen. It looks like it's in a decent condition. Let's check another one. Comp number 3 at 1530 at Ann Arbor Avenue. This definitely needs some updating as well. This could be a potential Deal for today.

    Alright, so once again,  the MLS number for our Deal today in 1510 Montague Avenue would be 13997418. This is a great investor home that needs some care.

    Don't forget to ring the listing agent, Mr. Rashad Thomas. Happy to Deal Funding, everyone! You guys take care! Bye!

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