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Project 1816
Austin, TX
Project 1816 is single family building rehabilitated and extended. It is 5555 square feet under air and has 5 bedrooms, 51/2 bathrooms, office, air cabana, swimming pool, and large covered porch. The property sits on 0.34 acre lot and it is located in the University of Texas Golf Club in Austin TX. This project is ideal for a large family.
Project Status
Project Description
Project Description
Project Description
- Project Type: Flipping
- Construction Type: Rehabilitation and Expansion
- Acquisition Finance: Conventional
- Construction Finance: AVR
Construction Detail
Project Description
Project Description
- Extension of original structure by 250 square feet, landscape makeover, addition of new pool, cabana, patio extension, general renovation.
Project Financials
Project Description
Project Financials
- Purchase Price: $517,000
- Rehab: $200,000
- Sale Price: $975,000
- Total Profit: $258,000
- ROI: 35%
Current Status
Project Partners
Project Financials
- Sold
Project Date
Project Partners
Project Partners
- Purchase Date: 09/06/2010
- Construction Duration: 6 Months
Project Partners
Project Partners
Project Partners
- Mortgage: Capital City Mortgage
- Construction Loan: Shay Ventures
- Architect: Fantal Architect
- Landscape: Ricardo Landscape
- Contractor: JP&C Properties
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