Project Description

Asking Price

$95,000

N Hancock Ave. Odessa, TX

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N Hancock Ave Odessa, TX 79761

Asking Price: $95,000

Property Description

Clean, recently renovated home near Downtown Odessa!! At 1,272 Sq. Ft. this home features two bedrooms, two bathrooms and two living areas. The second living room could easily be turned into a third bedroom!! This would be a great home to hold onto as a rental or turn around and seller finance!!

The Numbers
Estimated After-Repair-Value (ARV) $130,000
Asking Price ($95,000)
Estimated Repairs ($10,000)
Gross Profit Potential $25,000
Rent Estimate $1,200
Estimated Cap Rate 12%
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Property Photos

Facts and Features
Type Single Family Residence Garage N/A
Year Built 1949 Roof Type Composition
Home Square Feet 1,272 Foundation Type Slab
Lot Size 0.1304 acre; 5680 sq ft Exterior Material Siding
Bedrooms 2 Number of Levels 1
Bathrooms 2 *Second Living room could be third bedroom
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Comparable Homes – Sold Square Feet Sold Price Price Per SF Sold Date
1311 N Muskingum
1,188 $126,000 $106 11/02/20
2123 Adams Ave 1,041 $124,900 $119.98 04/28/20
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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.