Jul 18 • General discussion
Cash buyers,investors Freeport TX got a house for you.
I have a JV in Freeport, tx on contract,need help closing with a cash buyer!
🏠 Deal Breakdown for 930 W 5th St, Freeport, TX 77541
✅ Property Snapshot
Contract Price: $103,000
Beds/Baths: 3 bd / 2 ba
Size: 1,682 sqft on ~7,000 sqft lot
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Zillow
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Zillow
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Zillow
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Condition: Needs TLC; lower-level AC and roof recently replaced
Realtor
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Zillow
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Redfin
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🔍 Recent Comps & ARV
1504 N Avenue Q (3 bd/2 ba, 1,208 sqft) sold for $179K in June 2025
Trulia Real Estate Search
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Redfin
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Zillow
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Larger/renovated homes in same area sell between $180K–$200K+
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Redfin
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Median home price in Freeport is around $182K
Zillow
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Estimated ARV: $175K–$190K after full cosmetic rehab.
🛠️ Rehab Estimate
Cosmetic (paint, flooring, kitchen, baths): approx. $25K–$35K
Mechanical systems: AC/roof are new; budget $5K–$10K for minor fixes or permits
Total rehab: $30K–$45K
Deal Highlights:
Assignment Price: $123,000
Assignment Fee: $20,000
All-in acquisition cost: $123K
Estimated Rehab: $40K
Total Out‑of‑Pocket: $163K
ARV Potential: $180K → ~$17K gross profit + after-repair rent-up or resale upside
“This is 930 W 5th in Freeport — 3/2, 1,682 sqft, roof and lower AC already updated. Rehab runs about $40K, so your total would be $163K and the comps are pushing $180K+. That gives you around a $17K margin, not including upside on rent or resale. Would you want to tour it this week? I can assign to you at $123K and we close quickly.”
WHOLESALE DEAL - FREEPORT, TX
Property Address: 930 W 5th St, Freeport, TX 77541Property Type: Single Family HomeBedrooms/Bathrooms: 3 Bed / 2 BathSquare Feet: 1,682 sqftLot Size: ~7,000 sqft
DEAL TERMS:
Assignment Price: $123,000
Under Contract at: $103,000
Assignment Fee: $20,000
Estimated ARV: $180,000
Estimated Rehab: $30,000 - $45,000
PROPERTY HIGHLIGHTS:
Large 3/2, nearly 1,700 sqft
Roof and lower level AC unit already replaced
Needs full cosmetic rehab (kitchen, flooring, paint)
Great flip or rental in a hot Freeport market
BUYER PROFIT SNAPSHOT:
ARV: $180,000
Less Rehab: ~$40,000
All-In: $123K (purchase) + $40K (rehab) = $163K
Estimated Profit: ~$17,000+
COMPS:
1504 N Avenue Q - 3/2 (1,208 sqft) - Sold for $179,000 (June 2025)
Nearby updated homes sell in $175K - $190K range
TO SCHEDULE A WALKTHROUGH OR LOCK THIS UP:
Contact [ryanbrink] at [4423903017] or [email protected]]Serious cash buyers only. Proof of funds required.
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Cash buyers,investors Freeport TX got a house for you.
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