Flip report generated May 15, 2025
The Flip Potential of
702 N Virginia St Terrell, TX
is medium.
Current Specs
4 Bed / 2 Bath
1,618 sqft
$136 per sqft
Estimated Value$220,000
Flip Advice
This Terrell, TX property presents moderate flip potential despite its complete remodel. At $220K for 1,618 sqft ($136/sqft), it's already been renovated with new wiring, plumbing, HVAC, roof, windows, cabinetry, and an open floor plan. The property is currently priced below comparable homes in the area, which average $158-175/sqft.
Consider this property for a quick turn sale rather than extensive renovations. The recent price reduction of $18K indicates potential negotiation room. If pursuing a flip, focus on cosmetic enhancements to the yard and exterior to boost curb appeal, as the interior renovation is already complete. An ARV of approximately $245-260K could yield a modest profit.
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.