PROPERTY DETAILS
- Property type: SFR
- Bedrooms / bathrooms: 3 / 2
- Square feet: 2257
- Year built: 1960
- Lot size: 1.03
- Location: Booneville, AR
- Rehab level: Medium
INVESTMENT HIGHLIGHTS
- Single-family home in Booneville, AR offers a straightforward fix and flip opportunity
- 2257 square feet across 3 bedrooms and 2 bathrooms provides a livable layout for resale
- Medium rehab level suggests a defined scope of work for flip planning
- Estimated repair cost of $30,000 supports budgeting for renovation
- Comparable sale at 803 N Nixon Ave, Booneville, AR 72927, a 3/2 home sold 2026-08-12, offers a nearby reference point for resale positioning
REPAIRS
Rehab level: Medium
Estimated repair cost: $30,000
PROPERTY DESCRIPTION
This 3 bedroom, 2 bathroom single-family residence in Booneville, AR offers 2257 square feet of living space and was built in 1960. The property is being offered with a Medium rehab level, positioning it as a candidate for a fix and flip strategy.
A comparable sale at 803 N Nixon Ave, Booneville, AR 72927, a 3 bedroom, 2 bathroom home of 1462 square feet sold on 2026-08-12, is included in the listing's comps table for reference.
| Address | Sold Price | Sold Date | Sq Ft | $/Sq Ft |
|---|---|---|---|---|
| 803 N Nixon Ave, Booneville, AR 72927 | $209,000 | 8/12/2026 | 1,462 | $142.95 |
This Booneville, AR SFR at 175,000 dollars presents a straightforward fix and flip opportunity for a cash or hard-money buyer. With an estimated 30,000 dollars in repairs at a medium rehab level, the all-in basis comes to 205,000 dollars against an after-repair value of 320,000 dollars, leaving a spread of 115,000 dollars to cover financing costs, holding costs, and profit. The property's 2257 square feet and 3 bedroom, 2 bathroom layout offer a larger footprint than the selected comparable sale at 803 N Nixon Ave, which closed at 1462 square feet with the same 3/2 configuration, suggesting room to support the projected ARV once the rehab scope is completed.
A flip buyer will want these confirmed before finalizing a scope of work and timeline, since medium rehab level alone does not specify what systems or finishes require attention. No figures beyond the stated asking price, ARV, repair estimate, all-in basis, and spread should be used in underwriting this deal; any additional cost or return assumption, including percentage-based return metrics.
The core thesis for a fix and flip buyer here is the spread: a 115,000 dollar gap between all-in basis and ARV gives meaningful room to absorb unexpected costs during a medium-level rehab while still targeting a strong resale outcome in Booneville, AR. Buyers should confirm lot size and condition directly before committing to a purchase timeline.
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