Project Description

Asking Price


Haynes Dr. Midland, Tx 79705

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Haynes Dr. Midland, Tx 79705

Asking Price: $203,000

Property Description

Great Flip opportunity in Midland!!

This 3 bed 2 bath 2,273 sq. ft. house near Goddard Junior high has a spacious living room, big bedrooms and a large Dining Room! The ARV of this home is over $300K and the Average Days on Market in this area well are below the Midland Average!! This deal wont last long!!

The Numbers
Estimated After-Repair-Value (ARV) $315,000
Asking Price ($203,000)
Estimated Repairs ($50,000)
Gross Profit Potential $62,000
Rent Estimate $2,700
Estimated Cap Rate 12%
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Property Photos

Facts and Features
Type Single Family Residence Garage – 484 sq. ft. Carport 240 sq. ft.
Year Built 1975 Roof Type Composition
Home Square Feet 2,278 Foundation Type Slab
Lot Size 0.231 acre; 10,074 sq ft 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 Sold Date
2825 Durant Dr.
2,495 $340,000 $136.27 08/06/20
3115 Haynes Dr 2,432 $333,000 $134.38 09/28/20
2809 Metz Dr. 2,309 $332,000 $145.10 05/15/20
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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.