October 1, 2020

Real Estate Deal of the Day DFW Metro – October 1, 2020

DOD-Dallas- Fort Worth 

1807 Pecan Street Commerce, Texas 75428 

October 1, 2020 

MLS number 14416923 

Hello everyone! Welcome to Real Estate IQ’s Dallas Fort-Worth Metro’s Deal of the Day. Our subject property today is at 1807 Pecan Street Commerce, Texas, 75428. The property is listed at  $75,000 with an estimated price of $140, 886. It has a list price per square foot of $41.67. 

The property has 3 beds and 2 baths and it was built in 1950, and it has 1800 square feet. The house is a single-detached and residential property. 

For the neighborhood, subdivision, and school, it is near the Orig Town of Commerce. The MLS number is 14416923 and the agent’s name is Casey Woodall. You can also find the agent’s contact number at the MLS sheet. The latest Comparative Market Analysis done was just on September 30, 2020. 

For the comparables, we selected the two best properties. The first one is at 1621 Ash Street with a price per square foot at $76. 30. It is 0.43 miles away from the property. It was sold at the same list price of $ 150,000.It was built in 1950 with a total square foot of 1966. It is a one-storey property with 3 beds and 2 baths. 

The second property is at 1510 Walnut Street. It is 0.40 miles away from our subject property with only 64 recency days.It was built in the Year built in 1957.  The list price of this property is at $150,000 and it was sold at $158,000. 

For the investment summary, the property is listed at $75,000 and has an estimated price of $140, 887. There is an IQ discount of $65, 886 and an IQ discount percentage of 46.77%. Looking at the rental index of Rental Index of 1.47, the property is best for flipping, wholesaling or buy-and-hold. 

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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