Dallas-Fort Worth Real Estate Investor Club

3/2/2 Rental house in NRH

  • 22 Jun 2018 7:41 AM
    Message # 6332367

    I'm selling one of my rentals in North Richland hills. Comes with a renter and property management. Renter has 10 months left in lease and has pre paid the full lease.  He has also said he wants to stay another 2 years.  He is currently paying $1695 a month.  We remodeled the house about a year and a half ago.  AC was replaced, roof is 3 years old, foundation was check out by straight line foundation and was good. New cabinets in kitchen and master bath with granite. The area is appreciating at 5% to 10% a year  We are asking $225,000 for it but for DFW REI members we will knock $5,000 off the price.  House is listed on zillow and MLS.  address is 5525 Topper Ct, NRH, Texas 76180  If you wanted to own a rental and have to do nothing but collect checks this is it for you!!!!  By the way for those that can't do math, if it goes up 10% next year that is a increase of $22,500 in value for doing nothing. 

    For more info call me at 817 846-2898 (Tim) or the listing realtor at 502 299-5841 (Jason)


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