• Real Estate Deal of the Day – March 17, 2020

    Real Estate Deal of the Day March 17, 2020

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

    MLS Deal Property

    15206 Sleepy River Way, Von Ormy, TX 78073

    List Price: $198,900
    Bed/Bath/Pool/Stories: 3/3.0/0/2

    MLS Deal Finder Estimated Value:                            $264,023
    MLS Deal Finder Estimated Discount:                      $65,123
    MLS Deal Finder Estimated Discount%:                   24.67%

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    Real Estate Deal of the Day March 17, 2020

    [Video Transcription]

    This is Real Estate IQ’s Deal of the Day. And today we found a fantastic deal for you in the Austin and San Antonio market.

    Hello, everyone! Today is San Antonio Deal of the Day. Right now, we're looking at this subject property at 15206 Sleepy River Way Von Ormy, TX, 78073.

    Looking at the details of this property, it's currently listed at $198,900, estimated price is $264,023, list price per square foot of $138.32. But based on the comps in the area, its estimated price per square foot is $183.60. This two-story property has three bedrooms, three bathrooms, and was built in 2019 with a 1400 square feet.

    The system was able to find three in the area based on the price per square foot, distance, recency, and subdivisions. There's a bit of a gap between the subject property's price per square foot and the comp selected.

    So here are a few photos of our subject property. We are getting granite countertops and wooden cabinets.

    Based on the two comps selected, we are getting an estimated price or after repaired value of $264,024. So from our list price of $198,900, we are getting an IQ discount of $65,123 or that's 24.67%.

    Now, based on the photos that we've seen, you might be interested in remodeling for it to be sold in no time, and this one for a fix and flip strategy.

    Alright! That ends the Deal of the Day video for today. Happy Deal Finding, everyone!

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