Value-add rental or flip in San Antonio's 78207. It's priced at $60K, at the low end of what comparable investment properties are listing for on market, with a $140K ARV and $50K to get it rent ready.
Property Overview
3 bed + bonus room / 1.5 bath, approx. 900 sq ft
Single-family on a pier-and-beam foundation
Vacant. The seller started a remodel that stopped mid-2023.
Condition
Roof: hole over the back section with water intrusion. Needs repair.
Foundation: pier and beam. The front (approx. 500–600 sq ft) was leveled around 2023. The last two rooms still need leveling and the rest needs adjusting.
HVAC: likely original. Plan to replace.
Electrical & plumbing: electrical is mostly original with exposed wiring and needs a rewire. The outside lines to the city were replaced with PVC, but there's a plumbing break near the front corner.
Interior: no sheetrock on the ceilings and holes in the floors. Needs a full interior rehab.
