I am offering my equitable interest in this property for assignment. I think this is a good deal for an investor looking for a good owner finance property or rental prospect.
820 W Grubb Dr, Mesquite, TX 75149
Bldg Sq Ft: 1,014
Lot Sq Ft: 7,200
Yr Built: 1961
This is a nice little brick house in a stable area of Mesquite. If I keep this one, I will replace the sewer pipes (I suspect a leak and it’s only 20′ of pipe), fix the foundation (seems like 10-12 piers), and then owner finance as is for $125,000. I think you could also rent the home for between $1,150 and $1,250 per month. If you fixed the home up all the way, I believe it would sell for about $150,000 on MLS.