8617 US HIGHWAY 283

Blueprint2,494 SF
3
2
1963
N/A
CAP RATE
{{ percent(capRate, 1) }}
ROI
{{ percent(CoC, 1) }}

{{ currency(propertyValue, 0, '-') }}

Property Value

{{ currency(calcParams.purchaseprice, 0, '-') }}

Purchase Price

Managing property on behalf of {{ access?.behalfOf.firstName }} {{ access?.behalfOf.lastName }}
PRE-FORECLOSURE :: AUCTION SCHEDULED {{ longDate(preForeclosureFiling.auctionDate, 'N/A') }}
You’re viewing this property using financial parameters from your search, which differ from your default settings. You’ve adjusted the financial parameters for this property.
Click “Save” to keep these settings linked to this property when viewed in future sessions.
Proposed Cost {{currency(calcParams.purchaseprice)}}
Property Value {{ currency(propertyValue, 0, '-') }}
After Repair Value ({{currency(flipAfterRepairValueSF)}}/SF) {{currency(flipParams?.afterRepairValue)}}
Total Monthly Rent {{ currency(unitsTotalRentalRate) }}
Average Nightly Rate ({{ currency(strRentalRateSF, 2, '-') }}/SF) {{ currency(calcParams.strRentalRate, 0, '-') }}
Rooms
Avg Weekly Rate
Rental Rate {{ currency(monthlyRental, 0, '-') }}
AUTO
{{ firstProformaYearRaw.fiscalYear }}
 
CAP RATE
{{ firstProformaYearRaw.fiscalYear }}
 
ROI
 
Calculator Mode:
Property Type:
Rental Type:
  • Tenant Occupied
  • {{ propertyStore?.property?.mlsSource?.status }}
Custom Edits

Total Investment Initial Investment

{{ currency(netEquity) }}

Current Equity
{{ number(downpaymentWhole) }} %
Flip Only
{{ currency(flipTotalCashInvested) }}
Cash Required
{{ currency(flipNetProfit) }}
Net Profit
BRRRR
{{ currency(flipNetInvestmentAfterRefi) }}
Net Investment
{{ currency(accumulationOfWealth) }}
10-Year Net Gain
Property Description Source: H Bar Realty

This .56-acre RANCHETTE is located just minutes from historic downtown Albany. The charming, family-friendly home was built in 1963 and has 2,494 square feet of living space. The den has a cozy wood-burning fireplace that ties into the oversized dining area. The primary suite is located around the corner, along with two guest bedrooms, multiple linen closets, and large storage closets. On the opposite end of the home is an enclosed double garage bonus room with a second utility room, large closets, and additional HVAC. This space could be a great mother-in-law suite or game room. Two separate backdoor exits lead to a pleasant fenced-in area with mature shade trees, which is perfect for outdoor entertaining. The property also includes a14x25 metal building workshop, a three-car carport, and a boat and motor garage. RECENT PRICE Change due to subdividing original listing and each property to be listed and sold separately This property has a great deal of potential as it is outside the city limits yet on city water. There is an undeveloped city street, Ledbetter St. running east to west and could easily be developed. Also available for sale is the Rent house next door to the North as well as an additional 5 Acres. Brick home buyer has first option, right of refusal on the additional properties New owner has first right of refusal on the rent house property to the north.

Virtual Tour Link
Avatar
Listing Agent: Jeannine Herrington
Broker Phone: (254) 559-4430
Broker: H Bar Realty
NTREIS
North Texas Real Estate information Services
List Price: $357,500
List date: 10/26/2024
Days on Rescover: 58
MLS Source: NTREIS
MLS Number: 20764926
MLS Data Sync: 12/23/2024 12:59 PM CST
DISCLAIMER: Rescover, Inc owns and operates the RESCOVER website (the "Site"). Any access of the Site or submission of information to the Site is subject to the Terms of Use. All information submitted to the Site comes from outside sources. Any adaptation of the information is based strictly on assumptions and projections, and are not purported to be actual results. Analysis of and projections made by RESCOVER are for its own purposes to ascertain its pre-determined criteria. All content on the Site accessed by you is "As Is" and without warranty of any kind, express or implied. RESCOVER is not an investment adviser, and does not provide advice of any kind. Any use of the information by you is strictly in accordance with the Terms of Use.

Offcanvas with body scrolling