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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|Estimated Deal Profit||$23,053|
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|$54,800.00 Below County Tax Appraisal|
|$69,180.00 Below Smart Appraisal* Value|
|Online Value Estimate:||$96,600.00|
Description: This used to be a schoolhouse has been a 2 bedroom one bath for many years. Located close to I-66 yet very private. A true Handyman special. on a half-acre. Tax record reflects 3 bedrooms which may have been reconfigured Subject to 3 party approval...
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|Profit/Loss Potential Analysis (B)||Price-And-Amounts||Descripton / Notes / Comments|
|Current Asking Price||$89,000||Original asking price of $89,000. Listed on Market 24 days ago.|
|Your Reccommended Offer Price! (T)||$73,607||
Offer Price Based on ** Already being on market for 24 days. ** Property being an older home meaning more repairs. Built in 1946.** Comments on property indicating the seller is motivated (Handyman Special)|
24 Days on Market. Original Price of $89,000.00. Property was built in 1946. If more than 1 out of 5 of your offers are being accepted, you are offering too much. Be disiplined! 24 Days on Market. ((Make Offer!))
|Estimated Repairs based on property age and square footage.||+$33,520||Property was built in 1946 and has 840 Square Feet. Adjust this Estimated Repairs number based on images below as needed.|
|Total Investment||$107,127||Need Financing to Do This Deal? Contact our Customer-Assistance Office Here|
|Estimated Selling Price after repairs/updates.||$137,756||
$137,756 ARV Estimate was determined using a combination of the following: |
* $156,040.00 Value Estimate based on property being worth the original listing price of current seller after repairs are made, PLUS double the dollar armount of repairs you make to the property.
* $101,430 Value Estimate based on property being worth 5% more than 3rd Party Appraised Value of 96600 after updates and repairs.
* $153,866 Value Estimate based on Home being worth 7% more than Tax Appraisal of: $143,800
|Estimated Net Received after selling fees/closing costs.||$130,179||
After Closing Fees, Realtor Fees, and Other Costs (Estimated at $7,577).
||Estimated Potential Profit||$23,053||
Our Property Genius calculated these numbers. Have your Realtor Review These #'s.
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