This week’s deals include a 3-bed foreclosure at just $38/sq ft, a Tudor-style flip with no back neighbors, a 3,700+ sq ft custom home priced at $175K, and a concrete block fixer with major equity upside.
From oversized spreads to rehab-ready shells, this batch is built for investors who move fast and buy smart.
Free readers get the 3-bed at $38/sq ft. Paid members get all four.
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Distressed Deals of The Week
🧱 Sub-$40/Sq Ft Foreclosure with 3-Bed Layout
This 2-story 2008 build has 1,500+ sq ft, detached garage, and sits minutes from major metro access — all for $60K.
Strong bones, no showings, and a Zestimate 3X the list price make this a pure spread play for auction-hardened investors.
🏡 Tudor-Style Flip with 2% Rent Ratio
At just $125K, this 2,400+ sq ft 4-bed foreclosure sits on a private lot with no rear neighbors and comps pushing $370K.
It’s auction-only, but the rent est. and low entry price make it a textbook BRRRR or high-margin flip.
🛠️ 3,700 Sq Ft Custom for Under $50/Sq Ft
Listed at $175K, this occupied 4-bed has massive square footage, curb appeal, and access to top-tier schools and amenities.
Zestimate is north of $480K — just add rehab and possession strategy to unlock a six-figure spread.
🏚️ Concrete Block Cash Cow at $27/Sq Ft
This 3,200+ sq ft 4-bed foreclosure needs everything — but with a $1,700+ rent est. and $85K price tag, it hits the 2% rule with room to spare.
For BRRRR pros or cheap-footage flippers, this one’s a volume play with instant equity upside.
4021 Magnolia Dr, Conroe, TX 77302
🏚️ Foreclosed 3-bed, 2.5-bath two-story in the Mosswood subdivision with 1,584 sq ft of space on a tight lot — listed at just $38/sq ft.
With detached 2-car garage parking and a quiet residential setting, it’s a potential low-entry foothold in an appreciating market.
But it’s an auction-only sale with no showings allowed, so assume interior rehab needs and legal due diligence on title and occupancy.
💡 Pro Tip: The Zestimate sits at $202,200, and the Rent Zestimate is ~$1,909/mo, which blows past the 1% rule if you can stabilize the asset post-rehab.
💰 Financial Snapshot
Est. Market Value: $190K–$210K
Purchase Status: Non-Judicial Foreclosure
Current Ask: $60,000
Layout: 3 bed / 2.5 bath
Building Size: 1,584 sq ft
Lot Size: ~2,126 sq ft
Year Built: 2008
Price per Sq Ft: $38
Rent Zestimate: ~$1,909/mo
Annual Taxes: $2,572
Assessed Value: $163,681
⚠️ Heads Up
Auction-only: No showings, no inspections — buyer beware
Slab foundation, likely cosmetic and system repairs needed
Tiny lot size may limit flip appeal or expansion options
Septic tank, not city sewer
Listed previously in 2023 at over $200K before foreclosure
🏆 Best Play
Ideal for:
Buy-and-hold investors looking for strong rent yield
Cash buyers with appetite for sight-unseen auction plays
Landlords targeting underpriced Conroe-area housing
Why it works:
At under $40/sq ft in a 2008-built home with a Zestimate triple the ask, this is a classic spread-and-rent deal. The numbers pencil — if you can stomach the risk.