Investor Special -Value-Add Single Family with Pool.
Attention investors! This is an outstanding opportunity to add value in a desirable, established Lancaster neighborhood. Whether you're looking for your next flip, long-term rental, or BRRRR project, this property offers strong potential.
This 3-bedroom, 2-bathroom home features 1,412 square feet of living space, a 2-car garage, and a private swimming pool. Built in 1984, the home has already had some work completed, allowing the next owner to step in with the remaining improvements based on their investment strategy.
The property will require a new roof, pool repairs, and cosmetic updates- flooring, fixtures, etc. However, investors pursuing a rental strategy may find they can significantly reduce the renovation scope while still achieving strong rental performance, making this an attractive value-add opportunity.
With an estimated After Repair Value (ARV) of approximately $279,000 and projected market rents of around $1,950 per month, this property presents multiple exit strategies for experienced investors.
Bring your vision and maximize this property's potential.
Property Details
- Interior
- Pantry, Walk In Closets
- Fireplaces
- 1
- Bedrooms
- 3
- Bathrooms
- 2.0
- Full Baths
- 2
- Pool Description
- Pool
- Pool Features
- Pool
- Acres
- 0.0
- Square Feet
- 1412.0
- Lot Size (sqft)
- 0.172
- Parking Features
- Garage, Garage Faces Rear
- Parking
- 1
- Parking Type
- Garage
- Parking Garage Spaces
- 2.0
- Parking Carport Spaces
- 0.0
- Property Type
- Purchase
- Style
- Detached
- Property Subtype Additional
- Single Family Residence
- Year Built
- 1984
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Sewer Available, Water Available
- Appliances
- Dishwasher, Electric Range, Disposal
- Subdivision
- Meadow Creek Estates
- School District
- Lancaster ISD
- Elementary School
- Belt Line
- Middle School
- Lancaster
- High School
- Lancaster
- County
- Dallas
- Region
- Lancaster
- Days on Market (Cumulative)
- 24
- Taxes Annual
- $5,196
Location
Legal
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Provided By
Listed by Allison Guillot (#0703131)
Listing Office: Blue Atlas Realty (#BART01)
