$248,000 · SAN ANTONIO, TX 78249
Works for flippers · Works for landlords

Available

$248,000Asking price

4 bd · 2 ba · 1,936 sq ft · built 1976

SAN ANTONIO, TX 78249

No contract on file

via InvestorLift Classic

Listed Oct 20

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $340,000
Asking price: −$248,000
RepairsMiddle of the seller’s $10,000 – $15,000. Ours: $22,000 – $46,000: −$12,500
Loan, holding, closing20% down, 12% interest, 2 points, 65 days: −$25,848
Profit15.8% of ARV · flippers want 10%+: $53,652
Works

Works for a flipper up to $266,000.

NEXKEY COLLECTIVE

South Texas Buyers

No reviews yet

Comps

Sales

Rents

ARV $340,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $336,000.

The sales behind this value are shown to members.

ARV $340,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

NEXKEY COLLECTIVE

South Texas Buyers

No reviews yet

Seller Description

11914 Mesquite Mesa St, San Antonio, TX 78249Owner Financing / Sub-To · 4 Bed / 2 Bath Single-Family with Pool & 2-Car GaragePrice: $248,000 (Owner Financing or Sub-To)

Down Payment: $30,000 (includes all closing costs)Monthly Payment: $2,000/moSeller's Payoff (Sub-To basis): $207,000ARV: $340,000Buying at ARV: ~70%Terms: No banks needed, no credit check, owner to owner / dueño a dueño sin bancoRehab: Light cosmetic, flooring redone, drywall patching/texture, paint, pool serviced, front door replaced; master bath needs new lower cabinets only, sinks and countertop still goodLocation: Tanglewood neighborhood, near UTSA & La Cantera, San Antonio, TXPicture: https://drive.google.com/drive/folders/1heYQCTv7Q098rPOhaGGADDyvlOeW4wCc?dmr=1&ec=wgc-drive-%5Bmodule%5D-gotoStatus:Off marketContact: David (409) 206-4838