• 1a. Single Family Deals Buy / Sell – North Texas

  Offer: Dallas 75240, 3/1.5, Asking $236,000 – ARV $350,000

  Posted by propshop_connector on 18 March 2025 at 3:05 PM

  Interesting deal in Dallas 75240!

  Discounted Dallas Investment Opportunity – Act Fast!

  First Come, First Serve – Vacant & Ready!

  Property Details:

  • 3 Bed / 1.5 Bath / No Garage

  • 1,620 sqft | Built in 1958

  • Priced at $235,999

  • Rental Potential: $2,400/month

  Hot Deal Alert! This 3-bedroom home in Dallas’ 75240 zip code (Richardson ISD) is a diamond in the rough with massive potential. It’s in solid shape overall—roof looks brand new—but needs updates to unlock its full value. The area is primed for upside, with as-is sales hitting $340K-$350K and fully flipped homes reaching $400K+. Vacant and ready for a quick close by March 12—don’t sleep on this one!

  The Play:

  • Rental: With light work, rent it out for $2,400/month.

  • Flip: Invest in a full renovation and target a conservative $350K ARV (though I see room for more!). The numbers stack up with plenty of comps in my packet to back it up.

  Flip Breakdown:

  • Purchase Price: $236,000

  • Renovation: $50,000

  • Financing Costs: $12,393

  • Insurance: $1,500

  • Property Taxes: $2,383

  • Closing Costs: $7,000

  • Sales Commission: $10,500

  • Total Cost: $319,777

  • ARV: $350,000

  • Projected Profit: $30,223
    See more details at https://www.facebook.com/groups/1414382292155866/user/1552845021/

    Need more info? Send a private message or drop a comment with your questions.

  propshop_connector replied 1 month, 1 week ago 1 Member · 0 Replies

  • off-market
  • offer
  • SFH
• 0 Replies

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