2214 Villa Creek Dr Humble TX 77339 Sold

  • $128,000 OBO
  • 4 beds
  • 2 1/2 baths
  • 2464 sqft

Perfect Humble / Kingwood area rental in a Cul De Sac. Excellent Equity Capture and Cashflow.

ARV: $226,000

Rental Rate: $1,975/Month

Rehab Estimate Range: $53,000 to $66,000

CASH RETURN RATE: 13.1%

Must Be Able to Close on/or before: November 30th 2018

Hard money outputs
Gains and returns
Unrealized capital gain 35,590
Annual cash flow 4,824
Return on capital gain 136%
Cash-on-cash return 18.5%
Cash flow
Monthly rent 1,966
Refi note payment 976
Property tax 405
Property ins 154
Mortgage ins 0
HOA 29
TOTAL 402
Cash out of pocket
Hard-money cash to close 30,170
Hard-money holding cost 1,701
Refi cash to close 0
Refi cash back at closing -5,732
TOTAL 26,138
Mortgage
Hard-money loan amount 158,200
Refi loan amount 169,500

Call/Text Johell at 713-766-5416 for showing access.


SOLD COMPS:

Street Address City Zip Bed Bath Sq. Ft. Garage Lot Size Year
Built
Units Target
Distance
List Date List Price COE Date Sold Price ACT DOM TOT DOM SQFT Price % of
Valuation
Image
2111 Rolling Meadows Drive Kingwood 77339 4 2.50 2648 2.00 0.24 1975 1 0.23 9/28/2018 $229,900 10/25/2018 $220,800 22 27 $83.38
36.68 %
  • 4
2227 Pine River Drive Kingwood 77339 4 2.50 2815 2.00 0.21 1975 1 0.32 7/3/2018 $269,900 8/1/2018 $260,000 27 29 $92.36
21.80 %
  • 8
2214 Pine River Drive Kingwood 77339 4 2.50 2692 2.00 0.22 1975 1 0.35 11/27/2017 $234,000 6/15/2018 $234,000 164 200 $86.92
21.76 %
  • 9
2047 Parkdale Drive Kingwood 77339 3 2.50 2133 2.00 0.20 1977 1 0.34 5/9/2018 $234,900 6/28/2018 $223,000 12 50 $104.55
19.76 %
  • 10

RENTAL COMPS:

Street Address City Zip Bed Bath Sq. Ft. Garage Lot Size Year
Built
Units Target
Distance
List Date List Price Leased Date Leased Price ACT DOM TOT DOM SQFT Price Image
2137 Parkdale Drive Houston 77339 4 2.50 2406 1.00 0.23 1976 1 0.12 8/13/2018 $1,695 9/4/2018 $1,695 11 22 $0.70
  • 1
2123 Riverlawn Drive Houston 77339 4 2.50 2236 2.00 0.23 1975 1 0.17 6/13/2018 $2,100 7/18/2018 $2,100 20 35 $0.94
  • 2
2143 Wilderness Point Drive Kingwood 77339 4 2.50 2494 2.00 0.18 1981 1 0.37 5/18/2018 $1,900 8/6/2018 $1,900 55 80 $0.76
  • 3

Video Walkthrough:


WANT TO BE NOTIFIED OF NEW WHOLESALE DEALS? Call 281-688-1568
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Buyer Pays All Closing Costs. Please perform your own due diligence. Do Not Disturb Tenants.

First $5,000 Non-Refundable EM secures the property payable to Texas American Title.

Agents bring your buyers and add your commissions on top.

We are not brokers but principals through a purchase contract looking to assign equitable interest in the transaction or already own the property.

All of our properties are secured via memorandum of contract.


Is this deal for you? … Secure it in 5 easy steps. Call 713-766-5416 for showing access.

Step 1: Complete your own desktop due diligence after reviewing all the information provided and gathered.

Step 2: Obtain Proof of Funds statement from your Cash Account, Private Lender or Hard Money Lender.

Step 3: Obtain your Certified Funds $5,000 Non-Refundable Earnest money made payable to Texas American Title. We will not sign a Sales Agreement without earnest money.

Step 4: Submit the “Qualified Buyer for Showing” form below so that we can notify you of the showing. We will only entertain buyers with submitted form.

Step 5: View property, estimate your own repair costs, make your best offer and secure the deal!

Qualified Buyer for Showing Form

Qualified Buyer for Showing Form
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Price:
$128,000 OBO
Address:
2214 Villa Creek Dr
Humble, Texas 77339
Square Feet:
2464
Lot Size:
22,275 SF
Bedrooms:
4
Bathrooms:
2 1/2
Terms:
For Sale
Property Type:
Home
Year Built:
1975
MLS #:
N.A. - Off Market

Call 832-495-4522 for more details

Property Location