3629 W Northgate Dr Unit 137, Irving, TX 75062
- $89,000
- 1
- BD
- 1
- BA
- 668
- SqFt
- List Price
- $89,000
- Status
- ACTIVE
- MLS#
- 21367273
- Subtype
- Residential
- Style
- Contemporary
- Architectural Style
- Contemporary
- Year Built
- 1982
- Bedrooms
- 1
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 668
- Lot Size
- 270,943
- Acres
- 6.22
- Subdivision
- THE MEADOWS CONDOMINIUMS
Property Description
** INVESTOR ALERT — Value-Add Opportunity ** Cash buyers & hard-money investors, this is the kind of opportunity that deserves a 2nd look. This condo is priced to move & offers multiple ways to create value through a targeted remodel. With an estimated ARV of approximately $125k; a remodel quote of only $15–$17k, the upside is compelling! Offered at more than $50,000 below appraised value, now you can create attractive opportunity to renovate, reposition, & build equity. Investor exit strategies may include a resale, traditional lease, furnished monthly rental, or—subject to HOA rules, city regulations, and applicable platform requirements—a short-term or extended-stay rental strategy. Nearby 1-bedroom, 1-bath condos in the same neighborhood have reportedly performed at more than $104 per night on a consistent basis, providing a benchmark worth analyzing for investors considering furnished or hospitality-style use. A monthly furnished model may also appeal to traveling professionals, corporate tenants, relocating residents, & others seeking flexible housing without a traditional year-long lease. The value-add possibilities are wide open: update the interior, improve functionality and presentation, and choose the exit strategy that best fits your investment plan. Once renovated—and potentially as interest rates decline—this condo could be positioned for stronger resale demand & future appreciation. The HOA budget is minimal and includes water, sewer, trash, common-area maintenance, and access to a gorgeous private community pool—a valuable amenity for residents & a strong feature for rental marketing. This is not a turnkey retail purchase; it's an opportunity for an investor who recognizes below-market value & knows how to unlock it. Bring your contractor, verify the numbers, & move decisively. Priced to sell fast. Cash or hard-money buyers preferred. Schedule your showing & evaluate this flexible value-add opportunity before it is gone!
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Additional Information
- Amenities
- Fireplace, Pool
- Taxes
- $2,786
- HOA Fee
- $314
- Property Description
- Contemporary
- Appliances
- Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Washer
- Heating
- Central, Electric
- Air Conditioning
- Central Air, Ceiling Fan(s), Electric
- Stories
- 1
- Levels
- One
- Pool
- Yes
- Parking Features
- Assigned
- School District
- Irving Isd
- Elementary School
- Haleyt
- Middle School
- Houston
- High School
- Macarthur
Mortgage Calculator
Listing courtesy of Ashley Smith from District Realty LLC. Contact: 214-213-7277
Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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