• Real Estate Deal of the Day – March 27, 2020

    Real Estate Deal of the Day March 27, 2020

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

    MLS Deal Property

    908 Kent Street, Taylor, Texas 76574

    List Price: $180,000
    Bed/Bath/Pool/Stories: 3/2.0/1/1

    MLS Deal Finder Estimated Value:                            $274,113
    MLS Deal Finder Estimated Discount:                      $94,113
    MLS Deal Finder Estimated Discount%:                   34.33%

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    Real Estate Deal of the Day March 27, 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 Austin Deal of the Day. Our subject property is at 908 Kent Street, Taylor, TX 76574.

    Looking at the details property, its current list price is $180,00, with an estimated price of $274,113, and list price per square foot of $83.88. But based on the comps in the area, its estimated price per square foot of $127.73.

    This one-story property has 3 beds, 2 baths, and 2 carports built in 1955, with a total square feet of 2146.

    So the system was able to find 2 sold comps in the area. When it comes to the price per square foot, there’s a bit of a gap. Pretty good distance; all are in a half a mile radius.

    We can also take a look at the map. You can grab, drag, and drop this little yellow guy for you to have a closer look of our property. The one with the yellow star, that is our subject property.

    Now let’s take a look at the comps. So here are the photos of our subject property. It gives us an idea how much work needs to be done if it’s already renovated.

    Alright. Now here are the photos of our first comp selected. Pretty spacious, looks like it’s already renovated. So let’s go and take a look at the photos of our second comp: looks good, same with the first comp, granite countertops, and it’s also renovated. Those are the photos of our 2 comps.

    Based on the 2 comps selected, we are getting an estimated price or after repair value of $274,113. Coming from our list price of $180,000, we are getting an IQ discount of $94,113 or that’s 34.33% IQ discount.

    Based on the photos that you’ve seen, you might be interested in some remodeling for it to be sold in no time. And this property could be good for fix and flip strategy.

    Alright! That ends our Deal of the Day. Always take care. Happy Deal Finding, everyone!

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