Blue Lake FLIP! Massive Lot/Massive Spread! GREAT Investment Property!

$229,000 5 bd, 4 ba, 3621 sqft

Blue Lake FLIP! Massive Lot/Massive Spread! GREAT Investment Property!

PURCHASE PRICE = $229,000
REPAIRS = $40,000
ARV = $360,000

Easy access to the I-45
Almost an acre nestled into this quiet subdivision
Additional apartment creates even more options
Huge lot at 39,770 sq/ft
Eat-in kitchen
Roof is in great condition
Needs minor siding repairs
Large master bath with walk-in shower

Financing
Our Lender has approved this property for a loan amount of $252,000 and a repair budget of $40,000.
$252,000 – Loan Amount
-$40,000 – Repair Budget
=$212,000 – Funded at Closing
Cash Need to Close = $22,000
+ Points to Lender, Closing Cost, etc.

YOU DO THE MATH, PROFIT POTENTIAL IS HUGE!

Buyers, please do your own due diligence.

$2,000 non-refundable earnest money locks this deal up!
Call (832) 952-2085 for more information.

Property Details

Price:
$229,000
Address:
3522 Blue Lake Dr.
City:
Spring
State:
Texas
Zip Code:
77388
Year Built:
1979
Terms:
For Sale
Property Type:
Home
Square Feet:
3621
Bedrooms:
5
Bathrooms:
4
Lot Size:
39770

Call (832) 952-2085 for more details

Property Location

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