🏠 Monticello – Turnkey Flip in Turtle Cove HOA!

3 Beds / 3 Baths • 1,620 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 3
  • 1997
  • 1620
  • 1620

Description

🛠️ Light-to-Medium Flip | Perfect for Rental or Resale

Snag this off-market opportunity in Monticello’s Turtle Cove community—one of the most desirable HOA neighborhoods near Lake Jackson. This property needs minimal work to bring it to top market value. With solid comps and growing demand, this one won’t last long.


đź’° Offer Price: $199,000

Estimated ARV: ~$275,000–$290,000

Earnest Money: $5,000

Closing Attorney: Perrie & Associates

Delivered Vacant at Closing


🏠 Property Highlights:

  • 3 Beds / 2 Baths
  • Built in 2005
  • Located in Turtle Cove HOA – includes golf, pool, clubhouse, and lake access
  • HVAC and roof in solid shape
  • Needs only cosmetic updates to reach full value
  • Quiet cul-de-sac location with great comps nearby
  • Low taxes and HOA fees make it ideal for long-term rental as well


📊 Comparable Sales:

  • 372 Waxwing Dr – SOLD: $290,130 (Fully Rehabbed)
  • 254 W Mourning Dove Ct – SOLD: $274,000 (Updated)
  • 164 Hummingbird Dr – SOLD: As-Is Condition


đź§® Exit Strategy Potential:

  • Fix & Flip: Easy cosmetic flip with strong margins
  • Buy & Hold: Ideal for long-term rental in a hot HOA neighborhood
  • Vacation Rental: Turtle Cove properties are increasingly sought after for Airbnb/VRBO use