Jefferson County, Beaumont, TX 77705

A vacant 3-bed/1-bath frame house in South Beaumont near Lamar. The seller already did the major work, so it mostly needs cosmetic finishing at a low entry price. Property Overview Main house: 3 bed / 1 bath, about 875 sq ft, single story, built 1962 A back room with its own exterior door could work as a 4th bedroom 0.14-acre lot with a covered front porch Vacant, with utilities currently off Out-of-state seller is clearing up a tax situation and wants a quick, clean sale Condition Roof: Replaced around 2018 during the seller's remodel Foundation: Pier and beam, no known issues HVAC: Central unit. It was under 5 years old when the seller last saw it, and its current age is unconfirmed. Electrical & Plumbing: No known issues. Not inspected since the last tenant, so buyer to verify. Interior: The seller did the major work but left cosmetic updates undone, and it has been rented since. Plan on a cosmetic remodel plus. Estimated rehab: about $40K Numbers Starting price: $30,000 ARV: $105,000 Estimated rehab: $40,000 Why It Works All-in around $70K on a $105K ARV, about 67% The roof was replaced during the seller's remodel, around 2018 Pier and beam with no known foundation issues The room with an exterior door could make it a 3/1 plus a bonus room or a 4th bedroom Works as a flip or a rental. HUD's 2023 fair market rent for a 3-bed in Beaumont is about $1,343 a month.