Lancaster Investment Property – **SOLD**

Ideal Rental Property

Assignment contract offered for sale by wholesaler for the Property located at

1205 High Meadow Ln, Lancaster, TX 75146


3 bed / 2 bath / 2 car garage

SQFT: 1525

Yr Built: 1980

ARV: $150,000

Asking Price $114K

Repairs: $8k

video: https://youtu.be/daGZ1d01Y48

Rental Property Analysis <click Here>>

Here is an ideal rental property in Lancaster, TX.  Well maintained home with a minimal rehab which involves replacing some of the flooring and sheetrock with a little paint. The 2- car garage is modified to include a additional room but can easily be brought back to a fully utilized garage. This property has a bonus of a shed and an oversized lot.

For more info and to schedule access, contact Justin @ 214-704-7248 or email justin@2020rei.com


FINANCING AVAILABLE on this and all of our investment properties from 3L Finance.  Call Mike now at 972-737-1850 to find out which loan is for you.

  • Loan Amount:  90% of purchase price + Rehab Amount:  90%-100%
  • Total Loan Amount (Purchase + Rehab):  Not to exceed 70% ARV
  • Interest Rate: 12%
  • Origination Fee: 2%
  • Term: 6 months
  • Other charges:  No other fees.  No appraisal required.  No underwriting/processing fees.

Financials

  • After Repaired Value: 150k 
  • Estimated Rehab: 8k 
  • Price: 114k 
  • Terms: cash or cash-like financing 
  • Estimated Rent: 1400-1500 

Property

  • Address: 1205 High Meadow Ln, Lancaster, TX 75146, USA 
  • Bedrooms:
  • Bathrooms:
  • Garage:
  • SqFt: 1525 
  • Subdivision: Meadow Creek Estates 
  • Area: Pleasant Run Rd / Bluegrove 

Contact Information

  • Phone Number: 214-922-1970 
  • Contact Name: Justin 
  • Contact User Name: justin@2020rei.com 
  • Date Listed: 9/17/2017 

Lease Terms

none

School

Lancaster

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