
Repairs $85k
Asking Price $208k
Instant Equity $107,000
5424 Willis Ave
Dallas, TX 75206
1 Bath
1,656 Sq Ft
7,802 Sq Ft Lot
Year Built 1922
This one story single family is located at Vickory Place subdivision. Extremely popular area, should not have a problem selling it after fixed. Average days on market is only 15 days!! Awesome Rehab. Acquisitions price at 52% arv at Repairs and Acquisition price at 71% arv. Does need a lot of work, estimate around $85,000. You can tear down the home and rebuild, can get ARV all the way to mid $600s.
2013 Proposed Values
Improvement: $95,920
Land: $156,000
Market Value: $251,920
Total Estimated Taxes: $5,634.97
http://www.dallascad.org/AcctDetailRes.aspx?ID=00000187366000000

5424_willis_ave_sold_comps.pdf |