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For Sale

501 4th Street
San Leon, TX 77539

ARV: $230,000 / Repairs needed: $40,000 / Sale Price: $135,000

REDUCED PRICE $115,000!!!

A DUPLEX 2 Blocks from the Beach!

Click here for Line Item Repair Estimate

Click here for comp #1

Click here for comp #2

Click here for comp #3

Click here for rental comp #2
 

This DUPLEX has awesome potential and is less than 2 blocks from the beach! The second floor has its own outside entrance and is a complete 2 bedroom / 1 bath with a kitchen and living area. Downstairs is a full one bedroom apartment, too. It can be a rental or an Air BNB!

When sold separately you can see a 1 bedroom goes for $110,000. A 2 bedroom sold for $189,000. If sold separately its ARV is $300,000. If you use the best 3/2 comp, ARV is $230,000

As far as rents go, you can see a listing for a 650 sq ft place for $1500 or using the sold comps per sq ft price $1.79 x 720 upstairs it would rent for $1300

1.79 x 468 downstairs it rents for $850

That’s $2150 in monthly rent from these 2 units!

Click on the pictures below to enlarge the picture

4519 24th Street
Dickinson. TX 77539

Sale Price : $250,000

OWNER FINANCING AVAILABLE

The one who makes the highest offer for the down payment and qualifies, wins the property.

If the down payment you provide is more than $60k, we will adjust the monthly principal and interest accordingly.

To Qualify:

  • You must provide length of employment

  • Last 4 paystubs

  • Gross monthly income

  • Other expenses (ie. car payments, etc.)

 

Sales Price         $250,000

Down Payment                          $60,000.00 (+)

$190,000 financed at 12% interest for 20yrs:

P&I                         $2093/mo
Insurance               $166.00/mo
Taxes                     $360.00/mo

TOTAL MONTHLY             $2620.00 monthly

NO CREDIT CHECK!

Click on the pictures below to enlarge the picture

© 2023 Epiphany Properties, LLC- All Rights Reserved

Mail us at:

18062 FM 529 #140

Cypress, TX 77433

Email: info@epiphany.properties

 

About us: 

As a seasoned forward thinker, Kevin easily assesses the market, avoiding the mistakes that often plague other investors. During the aftermath of Hurricane Harvey and the pandemic, Kevin was one of only a handful of investors asked to speak to the Mayor, City Council and Appraisal District representatives regarding the Hurricane’s effects on the values of flooded homes and commercial properties. His company both set the market values of affected properties and helped the recovery efforts throughout Houston.​

Kevin’s foremost attribute is his ability to find and close deals others aren’t even aware exist. Kevin is the authority in both assessing property valuations and purchasing in a wide range of settings. These include pre-foreclosure, auction and bank owned properties as well as distressed properties of all kinds, both single family and commercial.

Let our personal touch help you. Contact us today.

Call us: 832-675-9598 or email info@Epiphany.Properties

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