Real Estate Deal of the Day DFW Metro – October 21, 2020

Deal of the Day

DOD- Dallas- Fort Worth 

3609 Jeanette Drive Fort Worth Texas 76109 

October 21, 2020 

MLS No. 144112856

Hello everyone! Welcome to Real Estate IQ’s Dallas-Fort Worth Deal of the Day. Our subject property is at 3609 Jeanette Drive, Fort Worth, Texas 76109. This property is listed at $169,900 and it has an estimated price of $322,959. The list price per square foot of the property is at $107.33 and it has an estimated price per square foot of 204.02. 

The property is a one-story residential property built in 1957. It has a size of 1,583 square feet with two beds, two baths and two garages.The MLS number of the property is 144112856. It is near Bluebonnet Hills Subdivision. 

For the comparables, we selected the best two comparables. The first property is at 3529 Hilltop Road. This property has a price per square foot of $222.85. It is 0.46 miles away from the subject property. It has 137 recency days and 50 days on the market. The property has 1,593 square feet. It has a list price of $389,000 and it was sold at $355,000. 

The second property is at 3424 Biddison Street. It has a price per square foot of $185.19.The property has 77 recency days and six days on the market. It has a size of 1,404 square feet. The property has a list price of $275,000 and it was sold at $260,000. 

For the investment summary, the property has a list price of $169,900 and an estimated price or after repair value of $322,960. The property has an I.Q discount amount of $153,059, with an IQ discount percentage of 47.39%, and a good rental score of 1.09. Given these details, the property is good for flipping and 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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