Real Estate Deal of the Day September 18, 2018

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Today we are back in the Austin metro area specifically in the City of Round Rock looking at a single family property brought to us by the MLS DEAL FINDER system.

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Today's deal of the day is at 2522 Clarendon Drive West Dallas 75211. It's originally listed at $143,900 and currently, its list price is $128,000. So this property is worth about $185,408 with the list price per square foot of $124.03. So based on the comps in the area, it's estimated price per square foot is $179.66. So that's one-story property, has 3 bedrooms, 2 bathrooms and was built in 1924, with 1032 square feet.

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Today we are in the Austin metro area or I should say the greater Austin area, looking at a great potential fix and flip, or buy and hold, or potentially a vacation rental property brought to us by the MLS deal finder system. Subject property address is 205 Golf Course Drive, this is in Spicewood, and that's in 78669 zip code. So the property is listed for $99,000 and based on a sold comparable that we've pulled up here, we are looking at an after repair value of about 162,000. So that makes for a gross discount of about $63,000 or 39% off of market value.

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