1263 Gus Thornhill Jr Dr

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READ FULL DESC - Submit all best and highest offers, all offers are considered. Call or Text Angel (760)-610-4090

$40k PROFIT FLIP - VIEW UNDERWRITING BELOW

View Solid Comps Below (Est. 265k Conservative ~ 285k+ High End)

Property Highlights included - VERY BOTTOM

1263 Gus Thornhill Jr Dr, East Point, GA 30344

Accepting offers until November 1st, 2025

 

Property Information

Bed & Bath Count:  2 Bed , 1 Bath

Livable Sqft: 932 Square Footage

Lot Size: 7,348 Square Footage Lot

Year Built: 1948

Home Type: Single Family Residence

Property Condition

Roof: Needs Replacement            

Foundation: Good Condition / No Issue

Flooring: Water Damage

Repairs:  Full Gut / Remodel / Renovation

Occupancy: Vacant at Closing

Close of Escrow: November 1st, 2025

Financing: Assignment of Contract , CASH OFFERS ONLY

Earnest Money Deposit: Within 48hrs , $5,000.00

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Cash Underwriting (Rough)

Purchase Price: $ 80,000.00

Repairs: $ 120,000.00

Closing Costs (2%): $ 1,600.00

Total Cost Basis: $ 201,600.00

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Est. ARV Sale Price: $ 265,000.00

Commissions (6%): $ 15,900.00 

Closing Costs (2%): $ 5,300.00 

Est. Holding Costs: ~

Est. Total Costs: $ 21,200.00

Gross Profit $ 42,200.00 !!!!

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SOLD COMPS Highest - Lowest

Property Address: 1627 Walker Ave, College Park, GA 30337

Details: 2bd 2bth - 1,074 Livable Sqft  - 1930 Built - 7,100 Sqft Lot

Sale Date: July 18th, 2025

Sale Price: $342,000 

Distance: 3.0 Miles Driving 

1627 Walker Ave, College Park, GA 30337 | Redfin

 

Property Address: 1430 Saint Francis, Atlanta, GA 30344

Details: 2bd 1bth - 1,043 Livable Sqft - 1940 Built - 0.28 Acre Lot

Sale Date: April 23rd, 2025

Sale Price: $325,000

Distance: 0.6 Miles Driving - 0.5 Miles Walking

1430 Saint Francis Ave, Atlanta, GA 30344 | Redfin

 

Property Address: 1134 Jefferson Ave, Atlanta, GA 30344

Details: 2bd 2bth - 1,021 Livable Sqft - 0.31 Acre Lot

Sale Date: July 9th, 2025

Sale Price: $285,000

Distance: 0.4 ~ 0.5 Miles - Driving

1134 Jefferson Ave, Atlanta, GA 30344 | Redfin

 

Property Address: 1098 Jefferson Ave, East Point, GA 30344

Details: 2bd 1bth - 940 Livable Sqft, 1950 Built - 8,755 Sqft Lot

Sale Date: March, 2025

Sale Price: $287,501

Distance: 0.6 Miles Driving - 0.5 Miles Walking

1098 Jefferson Ave, Atlanta, GA 30344 | Redfin

 

Property Address: 2468 Fallview Ter, Atlanta, GA 30344

Details: 2bd 1bth - 1,118 Livable Sqft - 0.26 Acre Lot

Sale Date: August 11th, 2025

Sale Price: $280,000

Distance: 0.9 Miles Driving - 0.8 Miles Walking

2468 Fallview Ter, Atlanta, GA 30344 | Redfin

 

Property Address: 2791 Pearl St, Atlanta, GA 30344

Details: 2bd 1bth - 1,196 Livable Sqft - 1930 Built - 8,755 Sqft Lot

Sale Date: August 7th, 2025

Sale Price: $264,000

Distance: 0.7 Miles Driving - 0.6 Miles Walking

2791 Pearl St, Atlanta, GA 30344 | Redfin

 

Property Address: 2460 Constance St, Atlanta, GA 30344

Details: 2bd 1bth - 1,127 Livable Sqft - 1949 Built - 6,851 Sqft Lot

Sale Date: May 9th, 2025

Sale Price: $259,900

Distance: 0.7 Miles Driving - 0.6 Miles Walking

2460 Constance St, Atlanta, GA 30344 | Redfin

 

Property Address:1816 Williams Ave, Atlanta, GA 30344

Details: 2bd 2bth - 968 Livable Sqft - 5,880 Sqft Lot

Sale Date: May 9th, 2025

Sale Price: $228,500

Distance: 0.5 Miles Driving - 0.4 Miles Walking

1816 Williams Ave, Atlanta, GA 30344 | Redfin

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Property Highlights

Located in East Point, one of Atlanta’s hottest emerging areas for affordable flips. Close proximity to Downtown Atlanta, Hartsfield-Jackson Airport, and Tyler Perry Studios — major employment and redevelopment drivers. Easy access to I-285, I-85, and Main Street; ideal for commuters and young professionals.

Submit all best and highest offers, all offers are considered. Call or Text Angel (760)-610-4090

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