House Flipping Report
Neighborhood Data
Spring, TX 77393
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Successfully flipping a house depends on a number of different factors including population growth, increasing housing prices and cheap houses for sale. We are analyzing thousands of data points for Spring, TX . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Montgomery County , we've been able to rank it against its peer counties within Texas. To provide an even fuller picture, we also ranked Texas against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Texas
#3rd in US
#49th in US
Montgomery County
#12th in TX
#59th in TX
Number of Flips: We identify house flips as houses that are bought and sold within 12 months excluding forclosures, REOs and multi-parcel sales.
Flip Profit: The profit is the gross margin calculated by subtracting the original purchase price from the new resale price.
Latest Monthly Sales Count
927
In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Montgomery County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Texas
28,701,845
1.34%
#2nd in US
Montgomery County
590,925
3.28%
#11th in TX
FlipMarket is the industry standard for providing you the exact data needed to see if flipping a house will be successful. To find properties for sale that may fit your budget and be house flipping candidates, check this list of popular searches.
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