Wholesale Historical Dallas Home

Great opportunity here!

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

510 Valencia St, Dallas TX, 75223


4 bed / 2 bath / 2 car garage

SQFT: 1734

Yr Built: 1929

ARV: $500k with current sqft,

680k-720k with 600-800 sqft

Asking Price $430k

Repairs: $30k, 130K (optional sqft. add-on)

video: https://youtu.be/kWZFzdXheK4

Dallas Investment property for the right investor. Historic home built in 1929 of the Lakewood / Hollywood area of Dallas. This house currently sits at 1734 sqft with a 4 bedroom, 2 bath, 2 car garage. The opportunity and potential here really lies in adding additional living space added in the attic space and popping the rear roofline. Estimated rehab of 130k justifies an ARV of 700-720k+. Asking 430k.

If you would like to take a look at this one please give me a call, email, or text message.

Justin Bennett       214-704-7248    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: 500-720K 
  • Estimated Rehab: 30k + (add-on) 
  • Price: 430k 
  • Terms: cash or cash-like financing 

Property

  • Address: 510 Valencia St, Dallas, TX 75223, USA 
  • Bedrooms:
  • Bathrooms:
  • Garage:
  • SqFt: 2200 
  • Subdivision: Hollywood Rev 
  • Area: E Grand / La Vista 

Contact Information

  • Phone Number: 214-922-1970 
  • Contact Name: Justin 
  • Contact User Name: justin@2020rei.com 
  • Date Listed: 10/1/2017 

Lease Terms

none

School

Dallas ISD

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