🔨 Grand Prairie Value-Add Opportunity!

$145,000 • 2 Beds / 1 Baths • 1,212 SqFt
Offer Submission Deadline
  • Single Family House
  • 2
  • 1
  • 1951
  • 1212
  • 9712
  • Attached Garage

Description

✨ Don't miss this opportunity at 514 Clarice St!


514 Clarice St, Grand Prairie, TX 75051

Asking Price: $145k (or best offer) + TC Fee | ARV: $250k

2 Bed | 1 Bath | 1,212 Sq Ft | 1951 Build


- Lot Size: 0.22 acres (9,712 sq ft)

- Roof: 10+ years old

- Foundation: Pier and beam, needs leveling

- HVAC: Needs one

- Electrical: No updates

- Plumbing: Unknown

- Occupancy: Vacant, will be on lockbox


- Rents: $1,700 - $1,800


Additional info:

  1. Utilities are on.
  2. Water heater is about 3 years old but not currently heating.
  3. Includes a 1 car garage plus an additional room in the back that was grandfathered in when the home was purchased in 2000.


Comps suggest converting the garage into a bedroom and adding a bathroom.


Sitting on a 0.22-acre lot in an established Grand Prairie neighborhood, this home offers room to grow and plenty of upside. With a clear value-add plan and strong area rents, it's a great fit for flippers and buy-and-hold investors alike. Schedule your showing today and see the potential for yourself.

Estimated Spread

  • ARV $250,000
  • Price $145,000
  • Spread $105,000