Princeton, TX 75407
3bed/2bath/1681sqft
ARV: $160,000
Price: $88,000
Rehab: $40,000
The subject property is 1281 sqft plus the 400 sqft enclosed garage. The most apple to apples comp is updated with a converted garage, sold in 5 days at $164,000 or $97/sqft. The ARV is just below this mark. It is difficult to comp because the area is small and had many different year builds and acreages but houses are moving quick for a quality updated house. The rehab includes foundation, upgrading the HVAC system to handle the garage space properly, and a cosmetic update through out. Rental rates strong between $1100-$1230/month No need to go crazy on this house. A quick clean rehab will make this property shine.
Call Stephen 214-643-8464 for comps, full rehab breakdown, photos, and additional details