Asking Price:


4910 Delwood Ave, Odessa, TX 79762

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4910 Delwood Ave, Odessa TX 79762

Asking Price $125,000

Property Description

Great Opportunity in Odessa. This 1,746 square foot, 3 bedroom, 2 bath home with a 2 car garage is located near other recent rehabs and new builds. Needs a good clean, cosmetics inside and out, a new roof, and possible new A/C but priced so you can still make a hefty profit.

The Numbers
Estimated After-Repair-Value (ARV) $220,000
Asking Price ($125,000)
Estimated Repairs ($40,000)
Gross Profit Potential $55,000
Estimated Rent $1,700
Estimated Simple Cap Rate 9-12%
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Property Photos

Facts and Features
Type Single Family Residence Garage 2 Car Attached
Year Built 1956 Roof Type Composition
Home Square Feet 1,746 Foundation Type Slab
Lot Size 8,999 SF Exterior Material Brick
Bedrooms 3 Number of Levels 1
Bathrooms 2
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Comparable Homes – Sold Square Feet Sold Price Price Per SF
1708 E 53rd St 1712 $220,000 $128
1557 E 52nd 1,828 $220,000 $120
5004 Winchester Ave 1,596 $215,000 $134
1624 E 52 St 1,573 $204,000 $130
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DISCLAIMER: House is being sold as-is, and buyer is to pay all closing costs. No representations written or oral are made concerning the property above. Price based on a cash or hard money offer and is net to seller, 7-10 day close of escrow is required. Buyers to do their own independent due diligence and take any necessary precautions to verify any and all material facts. Investidom and its members/representatives make no guarantees concerning property condition, value, characteristics or financial benefits. Investidom may or may not currently own the properties being marketed and may be marketing the equitable interest however great or small in the given properties (without any warranty or representation other than it is the buyer under the subject contract). Opinion of value is given as courtesy. Our opinion is just an opinion and seller makes no guarantees or warranties, express or implied, as to the value or condition of the home.