1756 W ECHO Lane, Phoenix, AZ 85021, Phoenix, 85021 - 3 bed, 2 bath
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Phoenix, AZ 85021
This Value-Add Residential Asset represents a High-Potential Investment Opportunity with a List Price of $575,000, offering a stable entry point at its $575,000 Fair Market Value. Currently holding a Condition Rating of 4, the property requires strategic cosmetic modernization to address dated finishes and unlock significant ROI. The expansive 10,359 Square Foot Lot and generous 2,086 Square Foot Footprint provide the necessary canvas for forced appreciation in a high-demand submarket. Located in the desirable Royal Palms area, this acquisition is ideal for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1756 W ECHO Lane Subject | $575,000* List Price | 3 | 2 | 2,086 | $276 | - |
A 8443 N 17TH Drive Sold | $599,000 List Price | 3 | 3 | 2,016 | 0.1 mi | |
B 1618 W ORCHID Lane Sold | $424,900 List Price | 3 | 3 | 1,980 | 0.3 mi | |
C 1743 W BUTLER Drive Sold | $625,000 List Price | 4 | 2 | 2,373 | 0.0 mi | |
D 1638 W NORTHERN Avenue Sold | $530,000 | 4 | 2 | 1,881 | $282 | 0.4 mi |
E 8133 N 16TH Drive Sold | $549,900 List Price | 3 | 2 | 2,141 | 0.3 mi | |
F 1742 W BUTLER Drive Sold | $600,000 | 4 | 2 | 1,811 | $331 | 0.1 mi |
G 1743 W BUTLER Drive Active | $624,900 List Price | 4 | 3 | 2,106 | $297 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, this home is functional but shows significant signs of age with dated oak cabinetry, tile countertops, and vintage bathroom fixtures. While the kitchen features some updated stainless steel appliances and the brick flooring adds character, the property requires cosmetic modernization and minor repairs throughout, as explicitly noted in the listing description.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10359, living area = 2086.
The property sits on a generous 10,359 square foot lot, providing ample space for outdoor entertaining, gardening, or potential future expansions.
Priced to reflect its current condition, this home presents a significant opportunity for investors or owner-occupants to build equity through strategic renovations.
The listing explicitly states the property needs work, indicating that immediate capital investment will be required to address repairs and modernization.
Built in 1975, the home may feature original systems and finishes that require updates to meet modern energy efficiency and aesthetic standards.
Great opportunity to own this unique and charm filled home! 3 beds and 2 baths are ready for you to enjoy. Property needs some work and is priced accordingly.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,086 | 2,082 | 51% |
| Lot Size | 10,359 | 10,372 | 50% |
| Price | $575.0K | $384.0K | 63% |
| Price per sq ft | $276 | $272 | 53% |
| Built year | 1975 | 1959 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 111 | 1404 | 9% |
Jan 5, 2026
$575,000
Initial Listing