12711 Laleu Ln, Houston, TX 77071, USA

$174,950

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šŸ”„ Houston Value-Add Opportunity – 12711 Laleu Ln, Houston, TX 77071

3 Beds | 2.5 Baths | 2,055 SqFt | Built 1991
šŸ” Single-Family | Attached Garage | Vacant

šŸ’° Asking Price: $174,950
šŸ“ˆ ARV: ~$255,000
šŸ› ļø Estimated Repairs: $20,000–$45,000 (Light Rehab)
šŸ’µ Gross Margin: ~$80,050

This clean, well-laid-out 3/2.5 home offers strong upside in a subdivision where most homes are smaller and older, giving this property a competitive edge and potential for a higher ARV. Previously rented for $2,200/month, making it a solid flip or buy-and-hold candidate.

 

šŸ” What We Love:

  • Previously rented at $2,200/mo

  • 1991 build (newer than surrounding homes)

  • Clean interior, functional layout

  • Vacant — ready to start work immediately

šŸ› ļø Condition & Systems:

  • HVAC: One unit new, one needs replacement

  • Roof: 20+ years (budget accordingly)

  • Foundation: Slab (fair condition)

  • Heating: Furnace (0–5 years on newer system)

  • Cooling: Central AC

 

šŸ’” Why This Deal Works:

  • Light-to-moderate rehab with clear upside

  • Strong rental history and demand

  • Larger home than neighborhood average

  • Solid ARV spread for Houston market

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