Investment Opportunity Awaits at Erby St, Houston, TX – Presented by The Property Plugā¢
Unlock the potential of Houstonās real estate market with this charming three-bedroom, one-bath home in the heart of the city. Instant access to 45 and 610. Minutes from Midtown, Galleria, Medical Center, Hobby Airport.Ā Situated in a desirable neighborhood known for itsĀ excellent schools and family-friendly atmosphere, this property is a gem waiting to be polished.
š·ļøPrice: $144,999Ā Ā Ā Ā š ARV: $220,000Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā šøĀ Rental Income: $1,900/monthĀ Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā š ļø EST Repairs: $14,150
Key Highlights:
- Three spacious bedroomsĀ and a full bath, perfect for families or professionals.
- Easily convertibleĀ layout to add an additional bathroom, enhancing value and appeal.
- Low days on market, indicating a high demand for properties in this area.
- Proximity to top-rated schools, including Eastwood Academy, Briarmeadow Charter Middle School, & Pin Oak Middle School, ensuring a steady influx of interested buyers or renters.
- A generous 6,160 sqft lot provides ample outdoor space for entertainment or expansion
- Built inĀ 1950, this home boasts a sturdy structure with room for modern upgrades.
Ā Ā Ā
š THIS PROPERTY WILL BE SHOWING BY APPOINTMENT ONLY AS IT IS OCCUPIED. PLEASE CALL US ATĀ (832)925-4300 OR EMAIL SALES@PROPERTYPLUGTX.COM TO SCHEDULE A WALK-THROUGH. PLEASE BE PREPARED TO PRESENT CURRENT POF (PROOF OF FUNDS).Ā
The Property Plugā¢ contractor’s have generously prepared a comprehensive scope of work, detailing the potential renovations and improvements that can maximize your investment. Read below for details.
š ļø Est. Repairs:
- New Paint (Interior/Exterior)
- Kitchen: granite countertops $1600
- All new fixtures $1000
- Clean up and haul off trash $2000
- Resurface tub $350
- New toilet $200
- Appliance Pkg $2,500
- Privacy Fence (Backyard) $3,500
- Misc $3000
Total $14,150
Comparable Properties
Ā Ā
3718 Lazywood Ln Houston, TX 77023
- Sale Date: 3/22/24
- Bedrooms/Baths: 3/2
- Sold For: $212,850 ($193.00 per square foot)
- Distance: 0.2 miles
- Remarks: Decent Updates. Sold in 7 Days!
4011 Erby Street, Houston, Texas, 77087
- Contract Date: 4/10/24
- Bedrooms/Baths: 3/2
- Listed For: $219,900 ($151 sqft)
- Distance: 0.2 miles
- Remarks: Decent Comp.
Ā Ā Ā
3707 Minglewood Blvd Houston, TX 77023
- Sale Date: 1/8/24
- Bedrooms/Baths: 2/1
- Sold For: $169,900 ($199/ per square foot)
- Distance: 0.2 miles
- Remarks: Sold Within Minutes!
š± Commitment to Wealth Building: At The Property Plugā¢, weāre dedicated to growing alongside our clients. As investors ourselves, we grew tired of being promised 70% deals, only to discover theyāre closer to 90 or 95% after factoring in closing costs and inaccurate ARVs & comps. Thatās precisely why The Property Plugā¢ was created. Our deals are underpinned by accurate ARVs and comps because we believe that as we build your wealth, our business will naturally flourish alongside it. Trust in The Property Plugā¢ for unparalleled transparency and authentic investment opportunities. Our primary aim is to build and enhance your wealth, setting us distinctly apart in the marketplace. We offer deals by investors, for investors, fostering a community of success and prosperity.Ā Join us at The Property Plugā¢, where your investment dreams become a reality.
Disclaimer: The Property Plugā¢ facilitates introductions to contractors and provides recommendations based on past experiences and professional relationships. However, clients acknowledge that The Property Plugā¢ is not responsible for the performance, reliability, or quality of work of any contractor. The client agrees that The Property Plugā¢ is not liable for any direct, indirect, incidental, or consequential damages that may arise from the work performed by contractors. It is the clientās responsibility to perform their due diligence and agree to terms directly with any contractor.
Contact us today to capitalize on this lucrative deal!