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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)
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.