628 S. Austin
Revitalizing 628 S. Austin: A Story of Vision & Versatility
A&V Holdings transformed the once-vacant property at 628 S. Austin into a dual-purpose marvel. After three years of vacancy, it was remodeled and split into two lots. Evolving into an elegant Airbnb and reserving space for future development, exemplifying our smart, adaptive real estate strategy
Revitalizing 628 S. Austin: A Story of Vision & Versatility
A&V Holdings transformed the once-vacant property at 628 S. Austin into a dual-purpose marvel. After three years of vacancy, it was remodeled and split into two lots. Evolving into an elegant Airbnb and reserving space for future development, exemplifying our smart, adaptive real estate strategy
Our Happy Investor
The investor on this property decided they wanted more than just a piece of the flip...they wanted a JV on this project. The property is now a highly profitable Airbnb with a second one breaking ground on the subdivided lot in mid-2024.
Check out the details HERE
Deal Specifications:
Purchase Price: $95,000
+ Repair : $40,000
All-in: $135,000
Repair cost includes the costs to subdivide
Refinanced into permanent loan,
Appraised Value: $249,000
If we had sold (profits): $114,000
+ Subdivided Lot Value: $65,000
Gross Return:$ 179,000
Purchase Price: $95,000
+ Repair : $40,000
All-in: $135,000
Repair cost includes the costs to subdivide
Refinanced into permanent loan,
Appraised Value: $249,000
If we had sold (profits): $114,000
+ Subdivided Lot Value: $65,000
Gross Return:$ 179,000
Call (915) 615-3373
Email:jgarza@truechoicerealty.com
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