Home for Sale in Fairpark Village Rosenberg TX 77471 – USDA Loan Zero Down Payment Property – Buying Spotlight
Ft Bend County Home for Sale Spotlight:
Every week a home will be analyzed and featured on this column in the Fort Bend County area. It will be strongly priced based on comparable data of the area and be an excellent deal overall.
This is a almost new home which was built in 2010. Because of the rural area the house in located in (outskirts of Rosenberg) it qualifies for 100% Financing through the USDA Loan Program ($0 down at closing). For more information about USDA Loans in Fort Bend County click here.
Ready to move-in home for sale in Fairpark Village in Rosenberg TX 77471 (off Hwy 59 and 36; past the Ft Bend County Fairgrounds). This home is in semi-new condition (the pictures look terrific). The home’s specs are: 4 Beds / 2 Full Baths / 1 Half Bath / 15 x 22 Game-Room at a total of 3220 sqft and an unlisted lot size. The home is listed at an unbeatable price at $149,900; which equals $47 per sqft.
The comparable sales in the neighborhood are between $63 – $75 per sqft. If you consider the fact it is in average condition, this means the price of $47 per square foot is a great bargain. As it is new construction this home is not an investment property. For an investor this makes an easy rent, hold, and flip which could be accomplished in a year or two time-frame with a 15 – 20% ROI (email me for details). However, for a buyer looking for an almost brand new home in Rosenberg with seemingly no repairs and equity built into the price, than this is the one you want to buy. Especially with inventories being at an all-time low in Greater Houston and the market changing to a Seller’s Market, this is a property you want to submit a quick offer on before its too late. Fairpark Village is a newer development and has just begun its growth process; however, the developer is continually putting well-made homes on the market at a consistent rate and fair price.
Contact me if you have questions. The link to more pictures and information is available here: http://bit.ly/Yn2IPY
Thanks for reading.. feel free to post or email any questions, arguments, or requests for more information on a specific topic or point.
Thanks & Keep Winning at Real Estate
Realtor at Keller Williams SW Houston
Sugar Land, TX
Notices and Disclosures:
Broker and its affiliates are real estate service entities. Any estimates of repairs, holding costs, sellers net profit, roi, etc. are for the convenience of real estate investors. Real estate investors are encouraged to verify all estimated numbers independently. For legal matters, lease to own options, tax advice, estate and business planning, and other matter beyond the scope of normal real estate transactions, please contact an attorney, cpa, appraiser, or certified financial adviser. Broker and its affiliates assume no liability either expressed or implied for the accuracy of any price opinions or estimates given.
The weekly home spotlight is based on market data of the posting date and thus is subject to change; prices, home values, available homes for sale, pending offers, and other factors which may change are determined on the seller and the market, and are deemed reliable but not guaranteed.
Posted on April 29, 2013 at 6:28 pm by Jaymes McKenzie