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SOLD – Richardson ISD Remodel Opportunity

13551 Purple Sage Road
Dallas, TX 75240
1-4 Family HomeSingle Family Home
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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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As IsCash or Hard Money OnlyFix and FlipHalf Duplex

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13551 Purple Sage Road
Dallas, TX 75240
214-441-6911
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SOLD – Richardson ISD Remodel Opportunity

Tim Herriage

Member since October 2020

I am a real estate investor in the DFW area. I buy abut 30-50 houses per year. I wholesale, fix and flip, put homes into rental service, and dabble in owner financing. Every house I advertise I either own, or am committed to own if I do not sell it for the right price.

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