Project Description

Asking Price

$69,900

1407 N Lee Ave. Odessa, Tx 79761

Request More Info

1407 N Lee Ave Odessa, TX

Asking Price: $69,000

Property Description

2 for 1 Investment Opportunity In Odessa!!

This property includes a 744 sq. ft. home and an 840 sq. ft. Mobile home Near Downtown!! The Mobile home rehab is nearly complete just needs some finishing touches!! Both bedrooms in the front house are quite spacious!

The Numbers
Estimated After-Repair-Value (ARV) $150,000
Asking Price ($69,000)
Estimated Repairs ($40,000)
Gross Profit Potential $50,000
Rent Estimate $2400
Estimated Cap Rate 20%
Swipe Left to View All Info
Request More Info

Property Photos

Facts and Features
Type Single Family Residence Garage N/A
Year Built 1954 Roof Type Composition
Home Square Feet 744 Foundation Type pier & beam
Lot Size 0.2608 acre; 11,360 sq ft Exterior Material siding
Bedrooms 2 Number of Levels 1
Bathrooms 1
Swipe Left to View All Info
Comparable Homes – Sold Square Feet Sold Price Price Per SF Sold Date
2102 W 7th St 816 $120,000 $147 2/14/20
1403 W 19th St 1100 $138,500 $125.41 2/21/20
2103 W 8th St 992 $125,000 $126.4
Swipe Left to View All Info

FOR MORE INFORMATION CALL

MAKE OFFER

View Our Other Available Properties

Not The House For You?

Tell us more about what you are looking for and we will get to work finding it for you.

Step 1 of 4

  • Your Contact Information

Why Work With Investidom?

The mission of Investidom is to provide an outstanding level of service and expertise in the real estate investment market that is innovative, ambitious, and built with integrity. We are dedicated to the highest standards, systems and performance necessary to fulfill all of your real estate investment goals.

Our Core Values

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.