I have received many messages about this property so I am going to outline the details of this property.
PROPERTY ADDRESS:
3909 Frontier Ln, Dallas Tx 75214
MAPSCO-37-J
Bob O Link Downs Subdivison
Dallas County
Estimated ARV and Repairs will be totally dependent upon what you do with the property. Yo maximize your return, a full scrape and new build would be best. Comps of new builds in the area go from 950k+ to 1.2 Million. If done right, you could get this for this property. I have already consulted an architect and advised that we could get a 4000sf house on the property for the new build.
Another option is to rehab it in which repairs would total 10-15k
Finally another option would be a rental. If doing a rental, then you're probably looking at only 7k-10k worth of cosmetic upgrades. Rents are running from 2000k-2700k a month in this area. There are a lot of new builds in the area and there are lots of people looking for a rental to live in while doing their new build, so a rental in this area would do well!
PRICE- 389k
ARV- Dependent upon your end goal.
REPAIRS- 7k-15k Rental vs Rehab.
2 BED/ 3 FULL BATH
1355 SF
6926 SF LOT
PICS HERE-
http://www.realtor.com/realestateandhomes-detail/3909-Frontier-Ln_Dallas_TX_75214_M82380-82623
I am meeting someone at 2 pm this afternoon 1-31-16 for a showing. I know its late notice, but if youre wanting to come see it shoot me a text. 214-632-0372. If interested in making an offer email or call 214-497-6331.
Thank you-
Kelly Kovar
KL Kovar Real Estate Solutions LLC
