Pyramid Acres Addition
Corner Lot.

Description:
Lot Size: 12,111 sqft
Utilities: Yes
Dimensions: 94 ft x 155 ft

ARV: $550k
Price: $88K
Projected Margins:
$550K ($220.00 x 2,500 sqft = $550k)
-$250K ($100.00 x 2,500 sqft = $250K)
-$33K (Broker fees (6%)
-$10k (Permits)
-$88k Lot
= $168K gross

$550K+ x 30.5% = $168K
30.5% ROI




Schools

Westpark Elementary School

Leonard Middle School

Benbrook Middle-High School






Legal Description
Pyramid Acres Subdivision Addition
LOT 36 BLK 23



Closing Date:
November 18th, 2022

  • $5k earnest deposited at the title company.
  • TREC Unimproved Property contracts only
  • Buyer pays all closing costs, title policy. No survey available.
  • The quickest way to correspond is through text or email.
Comps
Status: SOLD

Lot Size: 11,761 | Sale Price: $80,120

Sale Date: 03/2022 | MLS# 14760741
Status: SOLD

Lot Size: 14,810 | Sale Price: $80,100

Sale Date: 02/2022 | MLS# 14752464
Status: SOLD

Lot Size: 20,037 | Sale Price: $92,110

Sale Date: 04/2022 | MLS# 14762723
Status: SOLD

Sqft: 2,787 | Lot Size: 17,750 | Sale Price: $617,660 | PPSF: $221.62

Sale Date: 07/2022 | MLS# 20049261 | Year Built: 2022
Status: SOLD

Sqft: 2,787 | Lot Size: 17,750 | Sale Price: $612,870 | PPSF: $219.90

Sale Date: 07/2022 | MLS# 20049686 | Year Built: 2022
Status: SOLD

Sqft: 3,553 | Lot Size: 20,473 | Sale Price: $676,030 | PPSF: $191.89

Sale Date: 09/2022 | MLS# 14707629 | Year Built: 2020
Status: SOLD

Sqft: 2,045 | Lot Size: 84,985 | Sale Price: $449,290 | PPSF: $222.64

Sale Date: 11/2021 | MLS# 14686694 | Year Built: 2001
Title Commitment & Tax Cert with:

Shari Adrian Escrow Officer
Capital Title | Arlington
4224 Park Springs Blvd. Suite 120
Tel: 817-756-1449  | Fax: 1-833-409-1828

Tim Ramjattan
Buyer

M: 8-17.966.6213
O: 214.516.7226