• Real Estate Deal of the Day October 09, 2019

    Real Estate Deal of the Day October 09, 2019

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

    MLS Deal Property

    1604 Hackamore Street, Mesquite, Texas 75149

    List Price: $104,000
    Bed/Bath/Pool/Stories: 2/2.0/0/1

    MLS Deal Finder Estimated Value:                          $155,538
    MLS Deal Finder Estimated Discount:                      $51,538
    MLS Deal Finder Estimated Discount%:                   33.14%

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    Real Estate Deal of the Day October 09, 2019

    [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.

    Hi, good morning, everyone, and welcome to our deal today. Now for our Dallas-forth Worth Metro. This will be at 1604 Hackamore Street. In Mesquite Texas and the zip code is 75149 and looking into the details of the property it's currently listed $104,000 and it's worth about 155,538. Its list price per square foot is $87 and 91 cents and it's estimated price per square foot is 131 foot 48. 

    This was listed on October 4. And we're looking at a two bedroom, two bathroom to garage to carport and one fireplace residential property, which was built in the year in 1984 what is square feet of 1183 now. You have an MLS number at 1413 276 and is the agents name Patricia Stampley and her phone number and looking into the public remarks since here. Bring your hammer tools and imagination to this two-bedroom. It is a total redo. close to dining, shopping entertainment. priced to sell. Employees to family members residing with employees of JP Morgan. Nearby banks, it's good. So this is our impression from the list of remarks off the agents. Now let's look into our investment summary. So we're looking at a very big potential and a gross discount $51,538 or a discount percentage of 33.14%. 

    Now when we look at to our software here where we have 18 sold comms three active nine leased. And if you look into the map one in the star. This is our subject property and the one in blue shows the best comp so far. With priority to property type price per square foot distance and recency and for now, let's look into the pictures of this property. 

    Okay, let's look inside on what we have our deal for today. This is our fireplace here. Seems to we need to have a lot of updating the work done for this one. You do have some work needed on walls and flooring and some things. Especially on the windows, we may have to check on to warnings as well with the outlets. And doors. It's just that we're looking at a total renovation. This is good for wholesaling and for fix and flip buyers. Your kitchen. I think we may need to change the cabins for this one. Need some cleaning as well. And on the outside. Let's look into the best comps in neighborhood. It's pretty neat decent condition. Floors. Carpet. Good windows. That's in good condition. 

    Let's look into the other one. We were pretty updated kitchen for this one. Nice fireplace.  going back for our deal today. So you can see this really needs a lot of work and redo and we're looking at a big discount have 51,538 considering the cost that you have to put up some repairs. We're still looking at a very good discount score. 

    Alright, so this our Deal for the Day 1604 Hackamore Street Mesquite Texas for Dallas-Fort Worth metro and happy deal-finding everyone and have a good day. You take care.

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