Listing photoEuless, TX 76040 · MLS 21143556
"Cash only sale!"
404 E Alexander Ln is a 3-bedroom, 1.5-bath home in Euless, Texas listed at $279,900 with 1,346 square feet, built in 1959. The seller is asking for cash or hard money, so it is priced here on our fix and flip loan: an investor with at least one completed project puts 10% down ($27,990), we fund the $60,570 renovation estimate in draws, and the loan closes in 2 weeks. A first flip puts 20% down. See every hard money opportunity in Texas or our Texas hard money lending page.
From the listing. Discover this delightful 3-bedroom, 1.5-bathroom home nestled in the heart of Euless, TX, a community known for its friendly atmosphere and central location. Offering a blend of comfort and practicality, this residence features a spacious 2-car garage and is perfectly positioned for easy access to shopping, dining, and major highways. Step inside to a welcoming open layout designed to maximize both space and flow. The living room, bathed in natural light streaming through large Pella windows, provides an inviting atmosphere for relaxation or entertaining. The kitchen is equipped with ample cabinetry and quartz countertops. Cash only sale!
Preset with the list price and our rough renovation estimate. Change your score, your experience, the budget or the after-repair value and the numbers below move with them. Nothing is pulled and nothing is saved.
| Item | Fix and flip: 10% down | |
|---|---|---|
| At closing | ||
| Qualifies as entered | Yes | |
| Buyer down payment | $27,990 (10%) | |
| Loan at closing | $251,910 | |
| Cosmetic renovation, rough estimate* | We fund $60,570 | |
| Total loan | $312,480 | |
| Rate, interest only | from 9.75% | |
| Points | 1.5 ($4,687) | |
| Appraisal | Required | |
| Estimated monthly interest | $2,539 at full draw | |
| Cash to close, rough estimate | $37,067 | |
Rough estimates at the list price of $279,900 for a 740 score and 1 completed project. This is not a commitment to lend.
*Every figure on this page is a rough estimate. The renovation budget is a super rough placeholder at $45 per sq ft, not a bid or an inspection; get your own contractor numbers before you offer. Indicative estimate for discussion, not a commitment to lend. Business-purpose loans to investors only; final terms are set at submission. Fix and flip loans are sized on an appraisal and must stay under 75% of after-repair value. 10% down is for experienced investors; first-time flippers put 20% down. Fix and flip fees include administration, documents, legal, draw inspections and servicing. Title, escrow and taxes are not included.
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