3BR Home in Livingston , TX
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Owner FinancedNo Credit Check

3BR Home in Livingston , TX

$210,000
$875/mo
Address undisclosed, Livingston, Texas 77351
3
Bedrooms
1
Bathrooms
0
Sq Ft
1985
Year Built
$875
Monthly Payment

About This Property

๐Ÿ”ฅ WATERFRONT INVESTMENT OPPORTUNITY โ€ข Livingston, TX 77351 low down payment โ€ข WATERFRONT โ€ข LIGHT REHAB โ€ข STRONG UPSIDE ๐Ÿ’ฐ down payment: Contact for details ๐Ÿก Contact for details ๐Ÿ’ต Existing Loan Balance: ~Contact for details ๐Ÿ”จ Estimated Repairs: ~Contact for details ๐Ÿ  Estimated Rent: ~Contact for details/mo --- ๐Ÿ’ฅ THE DEAL This is a waterfront Livingston property with a low down payment point and a relatively light remaining rehab. The property has already had several major items addressed, including a new HVAC system and recent leveling. The remaining work is primarily cosmetic and finish-out. The combination of low acquisition cost + waterfront positioning + ~$175K projected creates multiple potential exit strategies for an investor. --- ๐Ÿ’ฐ THE NUMBERS down payment Contact for details Breakdown: - Contact for details โ€” Assignment - Contact for details โ€” Seller moving/relocation expenses - No liens - Taxes Current EXISTING FINANCING Approximately Contact for details remaining on the existing loan REHAB Approximately Contact for details ESTIMATED TOTAL BASIS Contact for details down payment + Contact for details Rehab + Contact for details Existing Loan โ‰ˆ Contact for details Total Basis PROJECTED Contact for details POTENTIAL GROSS EQUITY โ‰ˆ Contact for details Before closing costs, holding costs, financing, taxes, insurance, selling expenses and any additional repairs. --- ๐ŸŒŠ WATERFRONT VALUE This isn't your typical down payment-level rental. 216 Hackberry Ln is a waterfront/canal-front property, giving the investor an additional resale and rental advantage compared with a standard inland property. The property sits on approximately 0.34 acres and is approximately 1,482 SF according to public property data. --- ๐Ÿ  PROPERTY 3 Bedrooms 1 Bathroom* Waterfront / Canal Front ~1,482 SF ~0.34 Acre Lot Already Completed โœ… New HVAC โœ… Recently leveled โœ… Waterfront location โœ… Cosmetic renovation substantially underway Remaining Work ๐Ÿ”จ New front door ๐Ÿ”จ Flooring ๐Ÿ”จ Finish paint ๐Ÿ”จ Finish bathroom ๐Ÿ”จ Finish kitchen countertops Estimated remaining rehab: ~Contact for details --- ๐Ÿ“ˆ RENTAL EXIT Estimated Rent: ~Contact for details/month Potential gross rent: Contact for details/mo ร— 12 = Contact for details/year That gives the investor the option to renovate, stabilize and hold rather than being forced into a flip. --- ๐Ÿ”ฅ THREE EXIT STRATEGIES 1๏ธโƒฃ FLIP Complete the remaining cosmetic work and target the projected $175K With an estimated ~$109K basis, there's approximately $66K of gross value spread before transaction and holding costs. 2๏ธโƒฃ BUY & HOLD Finish the property and rent it for an estimated ~Contact for details/month. The investor gets a waterfront rental with potential long-term appreciation and cash-flow upside. 3๏ธโƒฃ BRRRR Acquire โ†’ Renovate โ†’ Rent โ†’ Refinance. If the property appraises near the projected after renovation, an investor may have the opportunity to recover a substantial portion of their initial capital through refinancing, lender guidelines and the property's actual appraisal. --- ๐Ÿšจ WHY THIS DEAL DESERVES A LOOK Contact for details down payment ~Contact for details REMAINING REHAB ~$78K EXISTING LOAN ~$175K PROJECTED ~Contact for details/MO RENT WATERFRONT NEW HVAC RECENTLY LEVELED That's a combination you don't see every day in this price range. --- ๐Ÿ“Š INVESTOR SNAPSHOT | down payment| Contact for details Existing Loan| ~Contact for details Estimated Rehab| ~Contact for details Estimated Total Basis| ~Contact for details Projected | Contact for details Potential Gross Spread| ~Contact for details Estimated Rent| ~Contact for details/mo Gross Annual Rent| ~Contact for details Lot| ~0.34 Acre Property| Waterfront HVAC| New Foundation| Recently Leveled --- ๐Ÿ“ฒ SERIOUS BUYERS ONLY 216 Hackberry Ln Livingston, TX 77351 Waterfront property with approximately Contact for details required to enter, approximately Contact for details in remaining cosmetic work, an existing loan balance of approximately $78K, and a projected $175K Multiple exit strategies: Flip โ€ข Hold โ€ข BRRRR All figures are estimates and independent verification, inspection, appraisal, title review, lender/servicer requirements and final closing documentation. *Public property data may differ from the current property information. Verify bedroom/bathroom count, square footage, loan terms, flood status, insurance, taxes, utilities, repair costs, and rental value during due diligence.

Features & Highlights

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Financing Details

Down Payment
$25,000
Monthly Payment
$875
Financing Type
Subject To
Credit Check
None Required

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