Morrow St, Blue Ridge, TX 75424​

304 S Morrow St, Blue Ridge, TX 75424 is located in the Blue Ridge (CBL) neighborhood.  The median listing home price for this subdivision is between $160K to $467K. 

 

Asking price:  $68,500

ARV:  $130,000

Rehab cost:  $22,500

Gross profit:  $40,000

Net profit:  $20,500

Net profit margin:  16.9%

Rental potential:  $968

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PROPERTY OVERVIEW:

This single-story family residence with 2 bedroom 1 bath is approximately 900 square feet and sits on a 11,500 square feet lot.  The home needs work but is currently livable.  The home was built in 1945 and has had the same owner for over 22 years.  Interior features:  1 full bath, 2 bedrooms, living room, kitchen, and combo storage laundry area.  School District: Blue Ridge ISD.

 

ASSIGNMENT OF CONTRACT:

Cash or hard money. Non-refundable escrow deposit of 2%.  Buyer pays ALL closing costs.  Must close by 9/27.

CONTACT INFO:

To schedule a showing call/text Sylvia at 714-865-3475 or send email

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