Katy super foreclosure deal up for auction –

Government foreclosures are definitely looking good this week. As a featured property for this post, I picked the ultimate rental income prospect. How’s this for an elevator pitch:

Three bedrooms, two baths, $39k in Equity, $289.60 monthly cash flow, and 32% return on investment (cash on cash)!

Bid Deadline is this upcoming Sunday so all investors whose ears perked up during that pitch have no time to waste. For an interior preview, we have the keys to all HUD properties so contact us to schedule. And this is just the tip of the iceberg. We have just updated the houston hud homes page with a new set of twenty nine foreclosure properties up for auction this Sunday. But enough with the talk and let’s get to the cold numbers:

Houston HUD Home in Westfield Glen

Single Family Home, 3 bedrooms, 2.5 baths, 2 car garage built in 2005, 2152 sf located  near Hardy Toll Road and E Richey.

Investor special, good prospect for rental property.

Asking price is $111,000 (Further Discounts Possible)
Approximate value $139,000

Request more information

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RENTAL INCOME PROPERTY BREAKDOWN

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INVESTMENT SCENARIO (PROPOSED)

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Nelia Valdez
Real Estate Agent
713-952-3200
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