Flip report generated Feb 24, 2025
The Flip Potential of
409 Edgefield Dr Garland, TX 75040
is medium.
Current Specs
3 Bed / 2 Bath
1,387 sqft
$126 per sqft
Estimated Value$174,500
Flip Advice
This Garland property has potential, but it's a bit of a mixed bag. Built in 1951, it's showing its age and likely needs some TLC. However, it's priced competitively at $174.5K, which is below the neighborhood's median of $264.5K. The recent price drop of $16.5K suggests the seller might be motivated, opening up room for negotiation.
For flippers, there's an opportunity here, but proceed with caution. Focus on cost-effective upgrades that boost appeal without breaking the bank. Adding a bedroom or bath could increase value significantly, based on comp data. However, given the property's age, budget for unexpected issues. Consider a thorough inspection before committing.
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.