Investor Special -Value-Add Single Family with Pool.Attention investors! This is an outstanding opportunity to add value in a desirable, established Lancaster neighborhood. Whether you're looking for your next flip, long-term rental, or BRRRR project, this property offers strong potential.This 3-bedroom, 2-bathroom home features 1,412 square feet of living space, a 2-car garage, and a private swimming pool. Built in 1984, the home has already had some work completed, allowing the next owner to step in with the remaining improvements based on their investment strategy.The property will require a new roof, pool repairs, and cosmetic updates- flooring, fixtures, etc. However, investors pursuing a rental strategy may find they can significantly reduce the renovation scope while still achieving strong rental performance, making this an attractive value-add opportunity.With an estimated After Repair Value (ARV) of approximately $279,000 and projected market rents of around $1,950 per month, this property presents multiple exit strategies for experienced investors.Bring your vision and maximize this property's potential.
Listed By
Agency Name: Blue Atlas Realty
Agency Contact: 682-323-0016
Agent Name: Allison Guillot
Shown By
Agent Name: Karen Schaeper
Agent Phone: (254) 723-0902
Agency Title: Kelly, Realtors
Estimated Payment
$ 478.02 per month $422.64 Principal & Interest $0.00 Property Tax (data not provided by mls) $55.39 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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1353 Southridge Drive | MLS# 21328639
This single family home located at 1353 Southridge Drive, Lancaster, TX 75146 is currently listed for sale with an asking price of $189,900. This property was built in 1984 and has 3 bedrooms and 2 full baths with 1412 sq. ft. Southridge Drive is located in the Meadow Creek Estates subdivision within the Lancaster ISD school district. Search Meadow Creek Estates real estate on karenschaeper.kellyrealtors.com today.