PROPERTY DETAILS
- Property type: Manufactured Home
- Bedrooms / bathrooms: 5 / 3
- Square feet: 1872
- Year built: 2000
- Lot size: 0.65 acres
- Location: Elysian Fields, TX (Harrison County)
- Rehab level: Medium
INVESTMENT HIGHLIGHTS
- Spacious 5 bedroom, 3 bathroom layout offering 1872 square feet, appealing to flip buyers targeting larger-footprint resales
- Generous 0.65 acre lot provides room for added value or layout improvements
- Medium rehab level suggests a project scoped for moderate renovation rather than a full gut, fitting a defined fix and flip timeline
- Estimated repair cost of $46,182 gives investors a clear budgeting starting point
- Located in Elysian Fields, TX within Harrison County, a straightforward off-market acquisition opportunity
- Year built 2000 places this within a standard mobile home vintage for flip planning purposes
REPAIRS
- Rehab level: Medium
- Estimated repair cost: $46,182
PROPERTY DESCRIPTION
This offering is a 1872 square foot mobile home built in 2000, featuring 5 bedrooms and 3 bathrooms, situated on a 0.65 acre lot in Elysian Fields, TX, Harrison County. The property is positioned as a fix and flip opportunity with a medium rehab level and an estimated repair cost of $46,182.
| Address | Sold Price | Sold Date | Sq Ft | $/Sq Ft |
|---|---|---|---|---|
| 125 Beverly Cir, Elysian Fields, TX 75642 | $215,000 | 9/5/2025 | 2,280 | $94.30 |
This Elysian Fields property is offered at $85,000 against an after-repair value of $185,000, with estimated repairs of $46,182 placing the all-in basis at $131,182. That leaves a spread of $53,818 for a fix and flip buyer, which is the margin that needs to absorb holding costs, selling costs, and profit before closing out the project. The rehab level is identified as Medium, suggesting a scope that is more involved than a cosmetic refresh but has been scoped at the stated repair figure.
The 1872 square foot layout with 5 bedrooms and 3 bathrooms on a 0.65 acre lot gives a flip buyer room to work with on floorplan and finish-level decisions once condition details are confirmed. Built in 2000, the property falls into a range where a Medium rehab budget of $46,182 is a plausible match for updating finishes and systems, though no specific scope items beyond the dollar figure can be confirmed here. Buyers should verify condition directly, as that single factor will determine whether the stated repair estimate and resulting spread hold up through execution.
The core investment logic for a fix and flip buyer rests on the gap between the $131,182 all-in basis and the $185,000 ARV. That $53,818 spread is the figure to underwrite against, and it should be evaluated alongside a direct property walkthrough to confirm the condition and to validate that the Medium rehab designation aligns with the buyer's own cost assumptions.
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