Real Estate Deal of the Day Austin – September 30, 2020

Deal of the Day

Austin DOD 

101 Gettysburg LOOP Elgin TX 78621 

September 30, 2020 

MLS number 8147337 

Hello everyone , welcome to the Real Estate IQ’s Austin Deal of the Day. Our subject property today is at 101 Gettysburg LOOP Elgin Texas, 78621. These are the property information: The property is listed at $138,900 with an estimated price of $215,749. The property has 3 beds, 3 baths with 2 carports, and it is a two-storey residential property. It was built in 2003 with an area of 2273 square feet. 

The MLS number is 8147337. The agent’s name is Keith Duble and you can also get her phone number at the sheet. The Comparative Market Analysis date is September 20, 2020. 

For the property comps, we selected two properties. The first property is at 149 Vicksburg Loop Residential. The price per square foot is $87.47, it is 0.25 miles away from the subject property with Recency of 252 days. The property was built in 2002 and it had 6 days in the market. The property’s list price is $219, 900 and it was sold at the same amount of $219, 900. 

The second comp is at 154 Shenandoah TRL. It is also a residential property which is 0.34 miles away from the subject property. Its price per square foot is $102.37. It has 279 recency days and was in the market for 66 days. The property’s list price is  $192,000 and it was sold at $190,300. It has 1859 square feet and was built in 1999. 

For other details, the subject property is listed at $138,900. Based on the properties that we run comps with, the selling price or the estimated price of the property is $215,750. The difference between the estimated price and the listing price is IQ discount $76,849 and that has an IQ discount percentage of 35.62% of the listing price. The property also has a rental index score of 1.23 with a monthly lease of $1,704. 

The subject property is good for fix and flip and also better for wholesaling.  That’s all for our Deal of the Day. Thank you for tuning in and have a great deal-finding day!

You may check our REIQ tools that can help you win more deals. 

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