Subject property is a 2/1 with 900 sqft. With a conservative ARV of 170k, you’d be walking away with just under 40% ROI! That number is AFTER all expenses except any costs associated with a hard money loan. This property, with a low $90k asking, is easily one of the best deals we’ve seen in Conroe and we’ve looked at countless properties. This is a perfect property for first-time investors or anyone looking for a quick and easy project. Make this year the one where you flip your way to success.This property encapsulates cost-effectiveness with minimal work. Only minor cosmetic updates required. You’ll notice in the pics that there is NOTHING available in the area! (EARLIER DESCRIPTION INCORRECTLY STATED 600 SQFT. IT’S 900 WITH COMPLETED ADDITION)
🏡 Asking Price: Only $89,999! Virtually no property taxes and no HOA!
📈 High ARV: After Repair Value of $170,000.
🔨 Repair Costs: Just $22,000 for renovations but strictly cosmetic. All majors are in good condition!
🔨 New Metal Roof that will last for decades!
⚡️ All new wiring throughout entire house!
🗜️New Pex piping just installed!
🚀 LOW DOM: Properties in this area sell quickly, indicating high demand.
📍 Location: In the tranquil Lake Rollingwood subdivision.
🏫 School District: Part of Conroe Independent School District with reputable schools.
🌳 Lot Size: Spacious 8,137 sq. ft. lot.
🔑 Access: Showings by RSVP. Serious buyers only, proof of funds required.
📞 Contact Us: Questions? Call 877-TX-INVEST.
🚫No Double Closing & total closing costs are under 1% with our exclusive title company! $5k EMD & POF once offer accepted.
💵 Our Preferred Hard Money Lender Already Approved for 100% of Purchase Price and 95% of rehab! Total out of pocket is less than 7k!
🫵 Are you tired of broken promises and buying “70% deals” that end up being 85-90% when you sell? This occurs when companies insist you use their title company, only to knock you over the head with double closing costs on closing day. Also inflated ARVs, and outdated comps contribute to inaccurate projections. At The Property Plug™️, we operate differently – with transparency, integrity, and up-to-date market insights. We’re committed to providing genuine opportunities without the hidden pitfalls. Choose us for an honest and straightforward investment experience. I challenge you to ask the next wholesaler you buy a property from to show you the original contract with the homeowner. We are an open book and take every opportunity to educate investor’s on how they should be treated. The day after closing is when we really get to work. We’re by your side helping you find reliable contractors if needed, ensuring the property gets rehabbed and then finally listed or rented. We enjoy watching your net worth grow as our company does. Thank you for considering The Property Plug™️. We look forward to earning your business!