GREAT INVESTMENT OPPORTUNITY BELOW 65% LTV!!

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4505 Teton St Houston, TX 77051

Sold
Property Details

4505 Teton St Houston, TX 77051

Sold
Description

GREAT INVESTMENT OPPORTUNITY BELOW 65% LTV!!

House Sold - Houston TX

GREAT INVESTMENT OPPORTUNITY BELOW 65% LTV!!

$28,000 Price

4505 Teton St., Houston, TX, 77051

Great investment opportunity below 65% LTV!! This is a larger rehab for an experienced investor, but the returns for flippers or landlords are tremendous. This area is improving quickly with new construction throughout. Lowest sale in the hood in the last year is $62,000. Multiple Tear Downs have sold in the $30,000 – $45,000 range in the area.

Must move quickly, this property will not last long!  

$2,500 non-refundable earnest money check made to Saxum Real Estate Solutions required to secure property. First one to deliver check gets the deal. Buyers to pay all closing costs.

Please conduct your own due diligence.

Cash or hard money only.

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Price: $28,000
Address: 4505 Teton St, Houston, TX, 77051
ARV: $119,900
Estimated Repairs: $49,000
Floor Area: 1,699 sq. ft.
Lot Size: 5,250 sq. ft.
More details: 4 bed/2 bath
Cash on Cash: 31%
Estimated Rents: $1,500
Estimated Cash Flow: $1,073

Estimated Repairs List:

Interior Paint, Sheetrock installation, Texture – 4500

Flooring – 3000

Exterior paint and siding replacement/repair – 10,000

Electrical repairs + Plugs & switches – 1750

Bathroom Remodels – 3500

HVAC – 4500

Roof and decking repair – 6000

Foundation and decking repair – 4500

Kitchen remodel & appliances – 3000

Lighting – 750

Fixtures, doors and door hardware – 2500

Landscaping – 1000

Demo + Haul off of other building – 4000

TOTAL: $49,000

 

Click Here To See More Photos

 

If interested please call us at 832.648.3626 or email
deal@catalystfdg.com 

 

At this price, buyer pays title policy and all closing costs.  Buyer’s realtor fee will be added to the sales price, if applicable.  This property is a “wholesale deal” and is under contract. We are offering to sell the contractual rights we have on this property for a fee which is already built-in to the Sale Price. A NON-REFUNDABLE deposit of $2,500 will be required when the assignment contract is signed and remainder will be paid at closing. We do not own this property and we do not represent the seller. Seller will pay all prorated property taxes.  The owner of Catalyst Funding, LLC is a licensed real estate agent.  Catalyst Funding, LLC is providing financing for investors for this property.  Catalyst Funding, LLC finances non-owner occupied properties for investors only.  Catalyst Funding, LLC does not provide any financing for owner occupants.  All details listed in this email and or anything we may have said over the phone or in person are only our personal opinions. Real estate investors are encouraged to verify all estimated numbers independently.  Catalyst Funding, LLC assumes no liability either expressed or implied for the accuracy of the information above.  Investors must do their due diligence for each property.

Property Features
  • House
  • 4 bed
  • 2 bath
  • Built 1953
  • Land is 5250 sqft
  • Floor Area is 1699 sqft