1551 FM 120, Denison, TX, USA
Excellent
86/100This is an excellent deal — priced below the local market with healthy equity after repairs. Watch that the neighborhood scores low.
- 71% below area price per sqft
- $193k potential equity (152%)
- $970/mo positive cash flow
- 15.93% cap rate
- Neighborhood scores 66/100
Price vs. Market
ARV Assessment
Based on 6 recent sales within 0.5 miles, comparable townhome homes of similar size traded between $231k and $297k. The subject's 1,507 sqft and 3bd/2ba layout supports a midpoint estimate of $263k.
2 more details
Property presents in turnkey condition. Estimated rehab of $3k covers minor refresh and make-ready.
Sales-comparison approach weighted by recency, proximity, and price-per-sqft, adjusted for condition and lot. Confidence: high.
Rental Income
Median area rent is $2,400/mo based on 217 comps. Standard deviation $297/mo indicates consistent pricing in the area.
2 more details
Based on 217 comparable rentals within 44.0 miles of similar houses, monthly rents range from $2,250 (25th percentile) to $2,600 (75th percentile), with a median of $2,400.
Median + 25th/75th percentile of comparable Realtor.com rentals within 44.0 miles. Standard deviation: $297.
Financing Calculator
Neighborhood Profile
City Population
Get alerts for deals like this in Denison
We'll email you when matching off-market deals hit Offa's marketplace.
Similar Off-Market Deals Nearby
Full details available on Offa's marketplace.
