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$75,000 / 3br - 1200ft2 - Easy quick Flip in Texarkana 3/1 1200 sqft 0.55 acre lot. (Texarkana)
502 S Kenwood Rd, texarkana, TX 75501
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Type: Single Family Residential +.055 acre
Size: 1,200 sq ft (living)
Total Lot size: 0.55 Acre
Built: 1950
Piers concrete home.
Property Highlights:
The property is in a great rental market in Texarkana
Some appliances may need replacement for best appeal. (All appliances working)
Repairs Needed:
BRAND NEW PVC PIPES THROUGHOUT
Light to Medium renovation needed.
Roof 5 years old.
AC 10+ years has been maintained.
Needs paint, some walls replaced/fixed, touch ups. Area does not demand high-end renovation to achieve highest arv.
Estimated Repair Costs: $15K - $25K.
ARV - $165,000 based on Comps:
Comp 1: 1709 S Kenwood Rd, Texarkana, TX 75501 -- Medium renovated home to look quaint and home-y. 3 bed / 2 bath, 1218 sqft 9,583 sqft lot Sold for $165,000 on 02/14/2025
Comp 2: 707 Hawkins Ave, Wake Village, TX 75501 -- Beautiful renovation completed, full work done on this home. 4 bed /3 bath, 2,000 sqft 0.28 acre lot Sold for $262,802 on 2/12/2025
Comp 3: 1717 Breckenridge St, Texarkana, TX 75501 -- Basic renovation, kitchen not even touched. 3 bed / 1 bath 1026 sqft 8,276.4 sqft lot Sold For $150,500 on 4/07/2025
Comp 4: 104 Babb Ln, Texarkana, TX 75501 -- Simple Reno, Kitchen, floors, paint. 3 bed / 1 bath 1215 sqft 10,454 sqft lot sold for $138,320 on 5/27/2025
Extra Info: This property is not to be overdone, simple renovation goes a very long way in this neighborhood.
Remember, you miss 100% of the shots you don't take, so don’t hesitate to submit that offer!