Additional Details

• Features: This is a Dual Threat opportunity is located in Spanish Trail Villas between the airport, hospital, and I10. This 3/2.5 End Unit CBS Block townhome boasts over 1,600 sqft of living space, laundry room, and spacious backyard.
• Ideal Investment Strategy: Rental/Resale
• Construction: CBS
• Potential ARV: $165,000 - $175,000
• Estimated Rehab: $35,000 - $45,000
• Comparable Rent: $1,500
• Rehab Description: This property needs a new roof, a/c unit and electric panel. Update the kitchen, bathrooms, & flooring, repair drywall in some areas, and apply a fresh coat of paint. Fence will need to be repaired and addressed. High end finishes not required in this area.
• Comp 1: 8487 Old Spanish Trail Rd - 3/1.5 with 1,364 sq/ft - Outdated - Sold 11/2022 $153k (now currently listed for rent @ $1,550/month)
• Comp 2: 8438 Old Spanish Trail Rd - 3/2.5 with 1,442 sq/ft - Updated, Smaller, & Not End Unit - Sold 10/2022 $175k!
• Comp 3: 8474 Old Spanish Trail Rd - 3/1.5 with 1,298 sq/ft - Updated - Sold 10/2022 $165k!
• Rental Comp: 4211 Ciudad Dr - 3/1.5 with 1,236 sq/ft - Leased 04/22 @ $1,575/month
• Rental Comp: 4201 Ciudad Dr - 3/1.5 with 1,236 sq/ft - Leased 04/22 @ 1,495/month
• Important Details: --> Vacant at close!
• Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab