Rental properties in Richardson ISD have really taken off. Here is your opportunity to buy a home in the City of Dallas, but Richardson ISD. This area is in high demand, as you are minutes from 75 and/or 635 (the high five). This home has had alot of updates already completed that take some of the typical unknowns off the table. The electrical system was upgraded very recently. The HVAC is 11 years old, but still in a good working condition. All of the sub slab sewer line was replace with PVC in the last 5 years. There are no apparent issues with the roof or the foundation. The appliances in the home are approximately two years old. We believe you should take in part of a closet in order to transform the property into a four bedroom two bath. Our numbers are based on that strategy. The home needs cosmetics inside and out as well as a new fence (has a chain link covered in bushes/trees).

PROPERTY:
13551 Purple Sage Rd
Dallas, TX 75240-5628
Dallas County
Sq Ft: 1,616
Lot Sq Ft: 9,827
Yr Built: 1960
Type: SFR
Specs: 4/1.5/0

NUMBERS
Estimated ARV: $250,000
RealAVM™: $226,500
RealAVM™: Range $215,175 – $237,825
Estimated Rehab: $30,000
Estimated Rental Amount: $1,800/mo
Asking Price: $182,500

Best Comp:
Address B/B/G Yr Blt SqFt S$/SqFt Sold Price Sold Date CDOM
13639 Purple Sage Road 4/2/0 1961 1,253 $199.52 $250,000 07/17/2020 5

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SOLD – Richardson ISD Remodel Opportunity

SOLD – Richardson ISD Remodel Opportunity

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