Flipping houses in Austin can be a very rewarding experience, both for the flipping team and the future occupants. This month, we're excited to feature a recently completed fix-and-flip of a single-family home Texas' capital city.
This property has undergone an extensive rehab, and our borrower was determined to make it a modern masterpiece for the next owner. This home flipper completely rehabilitated the property in just twelve months. Fund That Flip was there to help the borrower transform the distressed property into a luxurious home through the help of a short-term fix-and-flip bridge loan.
Check out the video below to see how this Austin, TX property was transformed. The borrower spared no expense to make sure this property would catch the eye of all those who pass by!
This house flipper saw a fantastic opportunity to rehab this property and turn a profit through financing with a fix-and-flip loan. After successfully completing this Austin, TX fixer upper, the borrower listed this property for nearly double the purchase price. What a return on investment! This flipped house features gold fixtures, stainless steel appliances, and is located just a few short minutes from downtown Austin.
3 Stats You Need To Know for Flipping Houses in Austin, TX
If you are interested in house flipping in Austin, TX any time soon, there are a few things you will want to know about the area. Here are a few important stats to help you get started:
- According to Redfin, the average sale price of a home in Austin is about $435,000.
- Median household income in the state is $59,570.
- According to Realtor.com, median home listing price/sq. ft. in Bedford is $249.