107 Kennedy Dr

Kaufman County, Terrell, TX 75160

Property Details

Single Family

Built in 2002

3 beds

2 baths

1403 sqft

6011 sqft lot

2-car attached

No HOA

Deal Type

Subject To

Cash to Close

$18,000 + CC/TC

Asking Price

$237,000

Existing Mortgage

Loan Type

VA

Estimated Loan Balance

$219,000

Estimated PITI

$1,881

Interest Rate

6.150%

Maturity Date

8-01-2054

Balloon

N/A

Highlights

  • $37K equity capture at purchase

  • ~$500/mo in principal paydown building additional equity

  • Long-term appreciation in a growing Dallas-metro market

  • No HOA — full flexibility on rental strategy (STR, MTR, LTR)

  • Rent optimization (MTR, furnished rental, or Section 8) could improve cashflow significantly

Strategy Note

  • Buy and Hold

    • ~$500/mo in principal paydown, you’re building equity every month even at breakeven cashflow.

    • Terrell is a growing Dallas-metro suburb with steady tenant demand.

    • Consider Section 8 or furnished rental strategies to boost monthly income (~$2,200–$2,500/mo)

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DISCLAIMER. Buyer is responsible for conducting their own due diligence. All terms are negotiable, and all offers will be considered. Buyer pays all closing costs. A $5,600 non-refundable Earnest Money Deposit (EMD) is required unless otherwise stated.

The seller either owns or holds an equitable contractual interest in the property being marketed. All property information has been obtained from sources such as the MLS, County Assessor, and Property Tax Office. While believed to be accurate, these details, including lot size, square footage, zoning, construction year, and property features are not guaranteed.

Buyer acknowledges that the property is being sold “as is, where is,” and that the seller makes no representations or warranties of any kind regarding the condition of the property. Buyers are advised to perform their own inspections and evaluations prior to making an offer.

WHOLESALERS. Interested in partnering on this deal? Let’s collaborate. Reach out before marketing or sharing this opportunity so we can confirm JV terms and keep communication clear. Text, email, or call us to discuss.

REALTORS. We welcome agent participation! Please note that the listed wholesale price does not include agent commissions. If you’re representing a buyer, you’re responsible for negotiating your commission directly with your client or adjusting your offer amount to include it.

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