💰 This Week’s Picks: Ugly, Underpriced, and Full of Opportunity
Vacant, underpriced, and ready for offers — don’t sleep on these.
This week’s crop features some standout opportunities: a 3,200+ sq ft concrete block home in South Texas for just $115K, a 7-bed duplex that somehow slipped under the $150K mark, and a vacant pool home begging for a fresh coat and a flip.
Plus, a 171-DOM special that’s practically asking for a lowball offer.
Free readers get the first deal while paid members get all 4.
Passive Cash-Flowing Properties
Buy shares of investment properties, earn rental income & appreciation for anywhere from $100 to $20k — let Arrived take care of the rest.
Distressed Deals of The Week
🏚️ Over 3,200 Sq Ft for Just $115K
This concrete block foreclosure in South Texas clocks in at 3,200+ square feet — and it's listed at just $36/sq ft. Needs work? Yep. But with 4 beds, 2 baths, and a 10,000 sq ft lot, there's serious room to build value.
💥 Off-Radar Duplex for Under $150K
This foreclosure is hiding 7 bedrooms of cash flow potential across two units — priced at just $59/sqft. Long days on market + REO status = real negotiation room for savvy investors.
🏊♂️ Pool, bonus room, and big square footage
This foreclosure has everything you want in a flip or rental: nearly 2,000 sq ft, a large backyard with an in-ground pool, and recent bank takeover pricing that suggests there’s room to negotiate.
🚨 171 days on market + sub-$90/sq ft = negotiation gold. This fixer is screaming for your contractor and a quick offer. This home is sitting vacant and ready for a value-minded investor to make a move
502 N Lalos Dr, Mission, TX 78572
🧱 Massive 3,200+ sq ft concrete block home in foreclosure — priced at just $36/sq ft. This 4 bed / 2 bath house on a 10,000+ sq ft lot offers serious scale and value for experienced investors.
Located in Palmview near the McAllen metro, the property needs work but has strong bones, no HOA, and sits on a slab foundation.
With a Zestimate north of asking and potential market rents around $1,600–$1,800/mo, this is a low-entry-price, high-square-footage play.
💡 Pro Tip: This one’s been sitting 60+ days, which means the bank might be ready to deal. If you’ve got cash and a crew, you could unlock solid spread on resale or BRRRR upside.
💰 Financial Snapshot
List Price: $115,000
Est. Market Value: $117,200
Purchase Status: Foreclosure (REO)
Layout: 4 bed / 2 bath
Building Size: 3,203 sq ft
Lot Size: 10,053 sq ft
Year Built: 1985
Price per Sq Ft: $36
Tax Assessed Value: $179,951
Annual Taxes: $3,908
Rent Zestimate: ~$1,665/mo
⚠️ Heads Up
No garage or carport, and likely needs full interior rehab.
Concrete flooring and no appliances convey — budget for everything.
Decorative fencing already in place but exterior needs attention.
🏆 Best Play
Ideal for:
BRRRR investors targeting deep value in South Texas.
Flippers who can capitalize on extremely low $/sqft in a solid rental market.
Buyers looking to add square footage-heavy SFRs to their portfolio.
Why it works: At ~$115K all-in with a moderate rehab, this deal pencils out for either a flip into the $180K–$200K range or a long-term hold at an attractive yield.