Project Description

Asking Price

$78,000

204 E . Pine Ave. Midland, Tx

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204 E Pine Midland, Tx 79705

Asking Price:$78,000

Property Description

Rent Ready home in Midland!!

This home in midland has a new roof and windows and just needs cosmetic updates in the kitchen! This will be an easy Flip that with tons of potential with great comps in the area!! This wont last long, Get it while it’s hot!!

The Numbers
Estimated After-Repair-Value (ARV) $150,000
Asking Price ($78,000)
Estimated Repairs ($20,000)
Gross Profit Potential $52,000
Rent Estimate $1,800
Estimated Cap Rate 18%
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Property Photos

Facts and Features
Type Single Family Residence Garage N/A
Year Built 1951 Roof Type Composition
Home Square Feet 1,112* Foundation Type Pier & Beam
Lot Size 0.177 acre; 7699 sq ft Exterior Material Siding
Bedrooms 3 Number of Levels 1
Bathrooms 1 * = square footage to be verified by buyer
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Comparable Homes – Sold Square Feet Sold Price Price Per SF Sold Date
100 E Shandon Av
1,320 $180,000 $136 10/08/20
412 E Wadley 1,401 $170,000 $121 07/30/20
410 Hickory 1,240 $145,000 $116 10/07/20
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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.