4707 Braesvalley Drive, Houston, TX 77096

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Michael Stavinoha

Keller Williams Memorial
michaels@shapingrealestate.com
979) 320-4303

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4707 Braesvalley Drive

Houston, TX 77096

$299,000

  • Sold
  • |
  • Single-Family
  • |
  • 132 Days on Market
  • BF
    Buy & Flip
  • 0 Bed(s)
  • 0 Full Bath(s)
1 Analysis Report(s) Available

Contact Agent

agent-logo.png

Michael Stavinoha

Keller Williams Memorial
michaels@shapingrealestate.com
979) 320-4303

Realtor Analysis

Buy & Flip (1)

View Detailed PDF Report

Buy & Flip

$178,270

Net Profit

20.43%

ROI

Overview

Total Cash Investment

$872,734

Holding Period

6 Months

Rehab/Renovation Costs

$470,000

After Repair Value (ARV)

$1,100,000

Financing Type

Hard/Private Money

Risk Level

Very Low

Investment Performance

Net Profit

$178,270

Annualized ROI

$40.86%

Return-On-Investment

20.43%

Holding Costs

Total Loan Cost

$48,996

Monthly Loan Interest

$5,988

Cost Per Month

$7,215.77

Cost Per Week

$1,803.94

Cost Per Day

$257.71

Cost of Points

$13,066

Monthly Expenses

$1,227

Project Timetable

Month

Arv

Total Cash Investment

Total Loan Cost

Net Profit

Roi

0 $1,100,000 $865,370 $13,066 $221,564 25.60%
1 $1,100,000 $866,597 $19,054 $214,349 24.73%
2 $1,100,000 $867,825 $25,042 $207,133 23.87%
3 $1,100,000 $869,052 $31,031 $199,917 23%
4 $1,100,000 $870,280 $37,019 $192,701 22.14%
5 $1,100,000 $871,507 $43,007 $185,486 21.28%
6 $1,100,000 $872,734 $48,996 $178,270 20.43%
7 $1,100,000 $873,962 $54,984 $171,054 19.57%
8 $1,100,000 $875,189 $60,973 $163,838 18.72%
9 $1,100,000 $876,417 $66,961 $156,622 17.87%
10 $1,100,000 $877,644 $72,949 $149,407 17.02%
11 $1,100,000 $878,871 $78,938 $142,191 16.18%
12 $1,100,000 $880,099 $84,926 $134,975 15.34%

Disclaimer: This report is intended for general guidance and information purposes only. The report provides estimates of the potential earnings or... read more

Rental (0)

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Property Details

Property Type:

Single-Family

Bed(s):

0

Full-Bath(s):

0

Half-Bath(s):

0

Building Sqft:

2402

Lot Size:

19473

Tax Rate:

2.5264

County:

Harris

Listing Information

List Price:

$299,000

List Status:

Sold

MLS Number:

97860501

Days on Market:

132

Property Description

ALMOST a half of an acre in prime Meyerland Section 4 location! 19,473 sf lot - .447 acre! (per HCAD)! LOWEST PRICE PER LOT S.F. in this section! PRICED TO SELL! ONLY $14.63 per lot sf. Compare that to the average of $25.22 per sf average of sold (lot or lot value) over the last 12 months in this area! New construction all around! Perfect lot for building your dream home with plenty of room for a pool or for the dogs to run! Sold for lot value only - seller will make no repairs - no showings of interior of house. Easy access to 610, Medical Center, Galleria, Downtown. Walking distance to Meyerland Plaza. Previously flooded. Back lot line measures 114'; West side 131'; East side 201' (per HCAD). Flood control construction already well underway on Braes Bayou. Buy now before bayou construction finishes - prices will surely skyrocket!