Flip report generated May 10, 2025
The Flip Potential of
321 N Carol Ter Mustang, OK
is medium.
Current Specs
1 Bed / 1 Bath
522 sqft
$177 per sqft
Estimated Value$92,500
Flip Advice
This small 1-bed, 1-bath home in Mustang offers significant flip potential due to its large 0.6-acre lot and low price point. At $92.5K with a price per square foot of $177, it's priced competitively for the area. The property's age (built in 1946) suggests it needs substantial updates, but the spacious lot provides expansion opportunities that could dramatically increase value.
Consider applying the 70% rule to determine your maximum purchase price, factoring in necessary renovations. Based on comp data, adding a bedroom and bathroom could increase valuation to around $120K (30% gain). The large lot size compared to neighborhood median (26,136 vs 7,501 sq ft) presents opportunities for expansion that could yield even higher returns.
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.