October 13, 2020

Real Estate Deal of the Day Houston – October 13, 2020

deal of the day



OCTOBER 13, 2020

MLS NO. 42263808

Hello, everyone! Welcome to Real Estate IQ’s Houston Deal of the Day!

Our subject property with an MLS No. of 42263808 is located at 21123 South Colony Court, Katy, Texas 77449. The property has a list price of $140,000 with an estimated price value of $180,335. The list price per square foot is at $86.37, and its estimated price per square foot is valued at $111.25.

Considered as an “Investor’s Dream House”, this split-level single residential property was built in 1979 in an oversized lot. It has three beds, two baths and a two-story deck. This 1600 square feet property is strategically located within proximity to elementary, middle and high schools.

 For the comparables, you may select the best property using our MLS Deal Finder. For reference, pre-selected comps are highlighted in blue. Information regarding the said properties will be reflected, as well as the investment summary of each.

For the investment summary of the subject property, it is listed at $140,000 with a 22.37% discount from its estimated price of $180,335. This property is perfect for flipping and it may also be rented out for a monthly lease of $1,618.

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

Feel free to check our Deal Analysis Suite here. It may help you to use live MLS data to quickly and easily run your own CMA/comps!