6527 Graceland Dr

Greenville, TX 75402
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4 bd, 2.5 ba | 2,478 sqft | Built in 2006

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For Sale

Exclusive

List Price
$395,000

Initial Investment

$113,628
Pre-approval letter or proof of funds required.

$

about the purchase process.
Features

Occupancy

Occupied

Lease Start

10/15/2021

Lease End

10/31/2022

Lot Size

5,990

HOA

$8/mo

Flood Risk

Not Required

  • Spacious home with bonus games room
  • New homes being built in neighborhood
  • Attractive five year market appreciation
  • About 45 minutes to downtown Dallas and near major employers
  • Seller is actively working on repairing the below items from inspection report for property to be eligible as a Roofstock certified property making this an ideal property for a new or seasoned investor.
1. Bathroom: During the inspection in bathroom 1, the shower head/diverter valve were loose against the wall. Recommend repairs by a qualified professional.
2. Exterior Walls: At the time of inspection, the soffit on the left side of the home was damaged. Recommend repair/replace as needed by a licensed contractor. Recommend removing and replacing the damaged soffit vent at the left side of the house by a qualified professional to prevent animal entry into the property. (Health & Safety) Recommend sealing the cracks on the brick stone and mortar on all sides of the property to prevent moisture intrusion and further expansion. (Health)
See more in Analysis

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Annual Financial Highlights

Expected Rent

$21,660

Expenses

-$5,816

Property Taxes

-$9,300

Loan Payments

-$21,474

Net Cash Flow

-$14,931

See more in Financials

Property Characteristics

Roofstock Exclusive

Listed directly by the seller, Exclusive properties are only available through Roofstock.
  • These properties' Diligence Documents include one or more of these documents: inspection report, title search, rent history if occupied.
  • If the home is non-certified and the posted inspection is more than 3 months old, an inspection contingency will apply.
  • The seller will be represented by a Roofstock-affiliated broker and Roofstock will walk the buyer through the transaction.

Property Management

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From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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