UPDATE: REDUCED FROM $150K! SELLER HAS TOO MANY PROJECTS AND MUST SELL ASAP! THIS IS THE FINAL REDUCTION! IF NOT SOLD BY FRIDAY APRIL,19TH, WE’LL BUY IT AND ADD IT TO OUR OWN PORTFOLIO.
🏡🔌 Pasadena’s Premier Investment Opportunity: Introducing 920 Francis Dr., a nearly completed renovation project offered at just $124,999. This property is quite literally the easiest deal we’ve ever come across! Perfect for First-Time Investors or Seasoned Professionals! With no HOA fees and minimal property taxes, the holding costs are incredibly low, making this an even more attractive investment. The heavy lifting has been done; it’s down to the studs with new installations, allowing for a swift and efficient completion of the project. finish it. It’s already been layed out as a 3/2 from a 2/1! There are comps that support 245k-250k but at a conservative 230K and a 35K-40K REHAB ESTIMATE to finish, this is a no-brainer!
- 🏷️ Permits already pulled and plans (Included) are already approved!
- 🧾 Only $3,500 to finish all plumbing and electrical! $5,300 for all HVAC to be completed. Contractor’s standing by and ready to go!
- 💸 TOTAL COST TO FINISH IS LESS THAN 40K!
⚡️Highlights⚡️
- Price: An unbeatable $124,999. (JUST REDUCED BY 25K)
- Rehab Status: 80% complete, offering a blank canvas for final touches.
- Schools: Located in a district renowned for its top-rated schools.
- Market Demand: High demand with low days on market for a quick sale.
- Investor Ready: Ideal for rapid turnaround and high returns.
Comparable Properties
1. 920 Alvin St. Pasadena,TX 77503
Sold Date: 12/28/23
Bedrooms/Baths: 3/2
Listed For: $230,000 ($177 sqft)
Distance: 0.3 miles
Remarks: New Construction, one of many in the area
2. 3609 Truxton Dr. Pasadena,TX 77503
Bedrooms/Baths: 3/2
Sold For: $230,000 ($186 sqft)
Distance: 0.2 miles
Remarks: Updated on a budget.
3. 1026 Francis Dr. Pasadena,TX 77503
Sold Date: 7/10/23
Bedrooms/Baths: 3/2
Listed For: $194,000 ($190 sqft)
Distance: 0.3 miles
Remarks: Updated. Sold in appx 30 days.
Additional Perks:
🔌 Ready: We have contractor’s (Plumbing,Electrical.HVAC) on standby, eager to finish the job.
🔌 Financing Pre-Approval: This property is pre-approved with our preferred hard money lenders: Searchers Capital & Wildcat!
Join The Property Plug™ family, where we invest in properties we’d choose for ourselves. For investors, by investors—your success is our business. Visit www.propertyplugtx.com to learn more and become a part of our Preferred Buyers List™.
Don’t let this opportunity at 920 Francis Dr. pass you by—where potential meets profitability in Pasadena’s vibrant market!