Jefferson County, Beaumont, TX 77705
3 bd1 ba1,105 sfBuilt 1962
Gross spread$80,500
Description
Hey Investors, This is an assignment of contract. If you've been waiting for a high-margin, quick-turn deal that doesn't require a heavy lift, this is it. We just locked up a fantastic off-market property in Beaumont, Texas that needs only heavy cosmetic rehab to unlock massive equity. At a buy box of under $70k and an ARV of $150k, this is a perfect candidate for a rapid retail flip or a high-yielding BRRRR rental. First come, first served. The first investor to submit a signed contract and earnest money secures the deal. 📍 30XX Glenwood Ave, Beaumont, TX 77705 Asking Price: $69,500 After Rehab Value (ARV): $150,000 (Comps attached — sold within 1 mile over the last 6 months) Estimated Rent: Up to $1,400/month (post-rehab) Rehab Needed: Heavy Cosmetic Only (Quick turnaround!) Property Type: Single Family | 3 Beds / 1.5 Baths Size: 1,105 Sq. Ft. | 7,250 Sq. Ft. Lot Year Built: 1962 (Carport / No Basement) Occupancy: Vacant (Easy access) Taxes: $1,214 / year 👉 [CLICK HERE TO VIEW PICTURES][CLICK HERE TO VIEW PICTURES] [contact details hidden] 💰 Why This Deal Makes Sense The Quick Flip: Buy at $69.5K, put in a cosmetic refresh, and list it for $150K. With an $80,500 spread, there is massive room for profit. The High-Yield Rental (BRRRR): Refinance post-cosmetic rehab at a $150K valuation. Renting for up to $1,400/month, this property will easily generate stellar monthly cash flow. 📋 Transaction Terms & Guidelines Type: This is assignment of contract. Cash or Private/Hard Money only. Closing Costs: Buyer pays ALL closing costs (including transfer taxes, title insurance, and title company fees) Title: Buyer will receive taxes prorated to 100% and free and clear title. Due Diligence: Please complete all inspections and due diligence upfront before contracting. Proof of funds is required for showings. Agents/Realtors: Bring your buyers and add your commission to the purchase price We hold equitable interest in this property and are selling our assignable purchase contract. 📞 Contact for Showings & Contract Details Russell Walker Licensed Illinois Broker | Home First Realty 📱 [contact details hidden] ✉️ [contact details hidden] 💼 Additional Investor Resources Funding Programs: For purchase and refinance program details, email us at: [contact details hidden] Submit a Deal: If you have an off-market property you need to sell fast, send us the details here: [contact details hidden] DISCLAIMER: Home First Realty is a licensed Real Estate Brokerage with a principal office in Chicago, IL and abides by all applicable Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only, is compiled from sources deemed reliable,
$/sqft vs market
Median of 6 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.
Property
Seller
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