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4111 North Elm Avenue, Lubbock, TX 79403, USA

$19,990

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Explore this unique investment opportunity at 4111 N Elm Ave, Lubbock, TX 79403. This single-family residence, built in 1940, has been completely stripped down to the studs and frame, offering a blank slate for renovation. With an estimated rehab cost of $59,800 at $50 per square foot, this property features 3 bedrooms, 2 bathrooms, and a living area of 1,196 square feet, all situated on a 15,681 square foot lot. The carport provides convenient parking. Priced at $19,990 with a $3,000 earnest money deposit, this property has a potential after-repair value (ARV) of $145,000. For comparison, a similar property at 917 E Kent St, Lubbock, TX 79403, sold for $143,796 on 5/28/24. For more details or to schedule a viewing, please contact Norris Chim, Disposition Manager, at (904) 419-7462 or via email at ncdeals.rei@gmail.com.