Flip report generated Jan 29, 2025
The Flip Potential of
803 Terrace Mountain Dr West Lake Hills, TX
is medium.
Current Specs
3 Bed / 2 Bath
2,658 sqft
$617 per sqft
Estimated Value$1,641,209
Flip Advice
The property at 803 Terrace Mountain Dr, West Lake Hills, offers flip potential primarily due to its appealing location and sizeable lot of nearly half an acre. However, it shows signs of being in need of significant updates to maximize its value. The home was built in 1975 and has quite a bit of character but requires renovation to meet current market standards. Comp data indicates similar properties in the area have higher valuations, highlighting the potential if improvements are made.
Consider focusing on key renovations like kitchen and bathroom updates, which typically yield the highest return. Enhancing curb appeal through landscaping and exterior updates can also attract buyers. Given the rising values in the West Lake Hills market, investing in this property could yield a profitable flip, but be cautious about the extent of renovations needed to avoid overspending.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.