Investor Special – 1501 Lawdwin Ave, Bridgeport, TX 76426
Purchase Price: $99,000 | ARV: $195,000 | Estimated Rehab: $50,000 | Estimated Net Profit: $26,564
Looking for your next flip? This 3-bed, 1-bath single-family home in Bridgeport, TX, is perfect for experienced investors looking for a value-add opportunity. Built in 1960 and sitting on a spacious 0.23-acre lot, this property needs a full gut renovation to unlock its potential.
PROPERTY DETAILS
Bedrooms: 3
Bathrooms: 1
Square Footage: 958
Lot Size: 0.23 acres
Year Built: 1960
Heating: Wall heater, other
Cooling: Window A/C
Utilities: City water and sewer
REHAB NEEDED
Full renovation required, including roof, HVAC, kitchen, bathroom, walls, floors, and all plumbing and electrical fixtures.
Electrical system condition unknown, plumbing seems to be functional.
INVESTMENT HIGHLIGHTS
After Repair Value (ARV): $195,000
Estimated Rehab Costs: $50,000
Estimated Net Profit: $26,564.17
Purchase + Rehab Cost Per Sq.Ft: $150.31
Cash on Cash Return: 189%
Purchase + Rehab ROI: 18%
With its high ROI potential and low entry cost, this property is an ideal opportunity for flippers and investors looking to maximize returns.
ACCESS: Contact me today to schedule a walkthrough and review the detailed deal analysis!
Deal Analysis Link: https://drive.google.com/file/d/13KJfABuO7wbL-O-Foe8ctuskxx78PcyJ/view?usp=sharing