Project Description

Asking Price


Sweetbriar Dr. Midland, TX 79703

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Sweetbriar Dr. Midland, TX 79703

Asking Price: $158,000

Property Description

Start out the year right with this sweet deal!

4 Bed, 2 Bath, 2219 sqft. home in Wilshire Park

Comes with a metal roof,  New sewer lines, and a 1 yr old A/C!

Solid Comps at $240k-$250k

The Numbers
Estimated After-Repair-Value (ARV) $245,000
Asking Price ($158,000)
Estimated Repairs ($35,000)
Gross Profit Potential $52,000
Rent Estimate $2,200
Estimated Cap Rate 12%
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Property Photos

Facts and Features
Type Single Family Residence Garage N/A
Year Built 1977 Roof Type Composition
Home Square Feet 2,219 sqft. Foundation Type Slab
Lot Size 0.167 Exterior Material Metal
Bedrooms 4 Number of Levels 2
Bathrooms 2
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Comparable Homes – Sold Square Feet Sold Price Price Per SF Sold Date
4611 Laura Dr. 1901 $260,000 $136.77 10/28/20
4804 Illinois 1854 $235,000 $126.75 6/4/20
4605 Laura Dr. 1935 $234,900 $121.39 10/26/20
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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.