Courtesy of: Peter Sroka, JR Premier Properties, petesroka@gmail.com
Courtesy of: Peter Sroka, JR Premier Properties, petesroka@gmail.com
$255,000
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3 bed
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2.00 Bath (2 Full)
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Lot: 0.23 Acres
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Single Family Residence
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$255,000
1218 Merrimac Trail Investor Special: Cash or Hard Money Buyers Only – Prime Flip Opportunity in Garland! Seize this discounted as-is deal in the desirable Lakeside Meadows Estates subdivision—a hilly, established Garland neighborhood with mature trees, rolling terrain, and serene duck pond views. Priced aggressively at $255, 000 for a quick cash close, this one-story, 3-bed, 2-bath single-family home (1, 682 sq ft, built 1971, on a 0.23-acre lot) is tailored for investors seeking strong upside in the 75043 zip. Sold strictly as-is with no seller repairs or concessions—perfect for flippers, landlords, or BRRRR strategies. A structural engineer report is available detailing foundation condition and recommended fixes (buyer to verify and handle all work at their cost). A new Carrier HVAC is already installed (receipts available; seller to pay off financing at closing). With steady demand for updated homes in this family-friendly spot near schools, shopping, parks, and commuter routes, this property offers a solid spread for profit after your improvements—post-repair ARV estimated at $350, 000+ based on recent comps (e.g., similar renovated home at 2900 Old Orchard Rd closed at $340, 000, MLS# 21142234). Motivated seller ready for a fast, no-contingency close (7-14 days ideal). Cash or hard money financing only—no conventional loans, FHA, VA, or seller financing. Don't sleep on this investor gem in a market where deals like this move quickly. The property is vacant on a combo lockbox. Text the listing agent to schedule your showing now and crunch the numbers! Buyer to verify all information.
Courtesy of: Peter Sroka, JR Premier Properties, petesroka@gmail.com
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