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Owner Finance Home in Justin TX on 5 Acres
Just Listed
6400 high mesa dr — justin, Texas 76247
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Owner Finance $30,000 Down
Justin TX 76247, 2,700 Sq.Ft. On 5 acres
$240,000 Or Highest Offer Includes Assignment Fee

4 Beds, 3.5 Baths
� ARV $430,000 (comps included)
� Repairs: $89,760 - Please do your own due diligence.
� Purchase Price: $240,000, Includes Assignment Fee
� Area Sold Comps:
o MLS# - 14123794 - $177.45/Sq.Ft. @ 2,226 Sqft
o MLS# - 13971203 - $179.17/Sq.Ft. @ 2,400 Sqft
o MLS# - 14059143 - $197.58/Sq.Ft. @ 2,480 Sqft
o Tax Appraisal - (Property is in two counties)

� Privately owned Country home in hot market of Justin TX
� Property was being rehabbed by owner for personal use
� Property is in Decatur and Northwest ISD (kids can go to either.
� Property is two tracts, both dissected by Wise/Denton Co line
� Brand new electrical throughout
� Brand new Plumbing throughout
� New Aerobic Septic system, unused (needs pump, $200)
� Pier & Beam Foundation, 8in piers, 8ft deep, every 6 ft
� Roof has been re-decked and has new metal roof (missing 6ft of ridge)
� Brand new windows installed throughout
� Has new cabinet lowers
� HVAC Ducts all installed

� Water Well................................................................ $8,000 - roughly 400Ft to Trinity @$12 per ft. = $4,800 + rigging up and down and Mechanicals
� HVAC........................................................................ $10,000
� Roof Patch (6 foot of ridge to match)........................ $500
� Kitchen...................................................................... $10,000 - Thats for Open Shelves for uppers, new build island/bar all with granite tops and Cabinet paint
� Bathrooms.................................................................. $7,000
� Driveway.................................................................... $2,500
� Clean debris piles & Trees between house & road.... $7,000
� Lighting...................................................................... $2,000
� Ext and interior paint.................................................. $9,000
� New Flooring and finish/repair existing..................... $10,000 (1bedroom & closet and upstairs roughly 1012ft in new 2" wood floors, Repair/refinish existing 2" in Living and hall 3 bedrooms, finish all tile)
� Level Foundation........................................................ $2,600 (Per Sanchez Foundation)
� Appliances.................................................................. $2,000 (matching stainless LG) Link to appliances offer: https://www.bestbuy.com/site/offerbuilder/390806
� Interior Doors ........................................................... $2,000
� Trim Throughout....................................................... $1,500
� Barbed Wire Fence and Entry/Gate......................... $6,500
� Front Door................................................................. $500
� Total .......................................................................... $81,600

� Contingency............................................................... $8,160 10%)

� Grand Total ---------------------------------------------------- $89,760

ARV $430,000 X .91 (-.9 for soft costs)
$391,300
-$240,000 Purchase Price

$151,300
-$89,760 Rehab

$61,540 PROFIT

Estimated Repairs
$90,200
Total SqFt
0
Lot Size
0
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