$240,000
●
House -
Off Market
8905 Boundbrook Avenue
Dallas, TX 75243
3 Beds
0 Bath
1,364 Ft²
$254,505
RealtyHop Estimate
-1.74%
Since Aug 1, 2023
TX-Dallas
Primary Model
About This Property
Rare Investment Opportunity in the Northwood Estates Community!
Calling All Investors, Landlords, Flippers, and Builders! If you're
looking for a Fix and Flip, a Remodel to Rent, a Rehab to Owner
Finance, a Great Lot to Build your Mini Mansion, or just a Home for
yourself with over $100k in equity; then you've found the perfect
property! Once Restored, this home will rent between $2,200 to
$2,300 a month! The after repaired value is $370K-$385K; depending
on your Buyers quality of work! If you Owner Finance after
completing the repairs; you should ask for $395K! The estimated
cost to Rehab is $40-$45K, depending on who does the work. This is
a nice location within the excellent Richardson ISD! Conveniently
located close the Royal Oaks Country Club, YMCA, Greenville Avenue
Restaurants, and all the Major Freeways! SELLING AS IS! Send your
Buyers to see this one TODAY! Bring your ideas now to make this
your Dream Home! The Offer Deadline Date is Tuesday June 20th at
7pm! No Blind Offers!
Unit Size
1,364 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$190
Property Type
House
Property Taxes
$527
HOA Dues
-
Year Built
1958
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (NTREIS #20357570)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 1, 2023 | Sold | ||
| Sold | |||
| Sep 12, 2023 | Listed by Jason Mitchell Real Estate | $355,000 | |
| Listed by Jason Mitchell Real Estate | |||
| | |||
|
You don't want to miss out on this beautiful home located in Prime location in Dallas with school Richardson ISD schools. The House is updated and ready to move in gem with a great curb Appeal! Front Cedar Post, Cedar Shutters and fresh paint in the interior and exterior, new carpets, new tile and backsplash , new doors, new luxury vinyl plank flooring, fully update bathrooms, fully updated Kitchen, New Cabinets, New Quartz counter tops and Brand-new Stainless-steel Appliances (Electric Stove and Microwave), new light fixtures, new HVAC Installed 2023 and new windows. Enjoy the covered patio in the spacious back yard for the whole family to enjoy.
Located close to a Royal Oak Country Club Golf Course, North Park Mall, Close to Greenville Avenue Restaurant and access to I-75 freeway.
| |||
| Jul 11, 2023 | Sold | ||
| Sold | |||
| Jun 16, 2023 | Listed by Texas Investors Realty | $259,000 | |
| Listed by Texas Investors Realty | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Northeast Dallas
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Listed by: Paul Lewis, Texas Investors Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20357570
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20357570
Details provided by NTREIS and may not match the public record
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