Using advanced metrics, we cherry picked this listing from the Multiple Listing Service for Investors by comparing County Tax Appraised Value to Sales Price. Data shows this property to be bargain and potential profitable investment. View Details Below.
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|$69,800.00 Below County Tax Appraisal|
|$119,070.00 Below Smart Appraisal* Value|
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Description: This property is now under auction terms. All offers should be submitted through auction site. This property is subject to a 5% buyer's premium pursuant to the Auction Terms & Conditions (minimums may apply). All auction assets will be sold subject to seller approval. Auction dates are 2/05/2019 - 2/07/2019...
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|Profit/Loss Potential Analysis|
|Tax Appraised Value||$492,700|
|Current Asking Price||$422,900|
|Your Projected Offer Price (T)||$380,610||If more than 1 out of 5 of your offers are being accepted, you are offering too much. Be disiplined!|
|+$14,148.00||Estimated Repairs based on property age and square footage.|
|$527,189||Estimated Selling Price after repairs/updates.||(7% above County Appraised Value)|
|$495,403||Estimated Net Received after selling fees/closing costs.||(Hire a 1% Listing Realtor to sell home. Buyer's agent will collect 3% of sales price at closing. $500 title Policy. 1% of sales price title insurance expense. Wise to do $0 seller concessions. Pay pro-rated property taxes.|
|$100,645||Estimated Potential Profit||These are the numbers we can come up with with our analytics. It is mean to be a general guide for the property. It is up to you to do your own due final dillegence by looking at comparable sales, getting an inspection, etc.|
County Tax Appraised value is . Usually, the tax-value is about 7% below actual value, but it can be off by more. Increasing county appraised value by 7% results in an after repairs value of $0.
6836 Bee Cave RD Suite 259
Austin, TX 78746