Flip report generated Feb 13, 2025
The Flip Potential of
109 Colony Dr Arlington, TX 76002
is medium.
Current Specs
3 Bed / 2 Bath
1,222 sqft
$143 per sqft
Estimated Value$175,000
Flip Advice
The property at 109 Colony Dr, Arlington, TX, has solid flip potential due to its location in the desirable Colonial Estates neighborhood. While it requires a full cosmetic overhaul, the current market rents for similar properties range from $1,850 to $2,100, indicating strong rental demand. The average price per square foot for comps in the area is around $189, which suggests the property could appreciate significantly after renovations.
Consider investing in modern upgrades, especially in the kitchen and bathrooms, to maximize appeal and value. Given the current loan for the solar panels, ensure the buyer is willing to assume that debt. A well-executed renovation could yield a lucrative return, making this an attractive option for both flippers and buy-and-hold investors.
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.