Real Estate Deal of the Day DFW Metro – November 5, 2020

Deal of the Day

Deal of the Day – DALLAS FORT WORTH

4021 Winfield Avenue, Fort Worth, Texas 76109

November 5, 2020

MLS No. 14378345

Hello, everyone! Welcome to Real Estate IQ’s Deal of the Day Dallas Fort Worth Metro! Our subject property is located at 4021 Winfield Avenue, Fort Worth 76109. The list price for this property is $146,000 with an estimated price of $290,941. The list price per square foot is at $84.20, and its estimated price per square foot is valued at $167.79

This property with MLS No. 14378345 is a single detached residential bungalow built in 1948 with a square foot of 1700. It has three beds, two baths and a two-car garage. Our subject property is located in the desirable Westcliff neighborhood and within proximity to schools.

For the comparables, we selected two best properties that are also located in the same subdivision. The first property is a single residential house built in 1950 with a square foot of 1400 and has three beds and two baths. Its list price is at $224,900 and its list price per square foot is $142.05

The second comparable, also a single-residential property, was built in 1950 and has three beds and two and a half baths. It has a square foot of 1400. The price per square foot of this property is $193.53. Its list price is $287,000. 

For the investment summary, the subject property is listed at $290,941 with a 49.82% discount from its estimated price of $241,324. It has a good rental index of 1.61 and has an estimated monthly lease of $2,344. It is perfect for a starter home or as an investment for fix and flip, buy and hold or even wholesaling.

That’s all for our Deal of the Day. Thank you for tuning in and have a great deal-finding day! 

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