10251 Crystal View, Universal City, TX 78148

This 3 bedroom / 2 bathroom property makes sense for any investor, even in today's changing real estate market. A perfect location for a quiet & urban feel, conveniently located in Schertz Cibolo Universal City ISD. An easy BRRRR opportunity!

The property is seller-occupied PLEASE DO NOT DISTURB THE SELLER. Contact Dispo Manager for viewing options.

$5K will be held in escrow until the property is confirmed vacant by the buyer. If the sellers stay in the property past 11/29/23 they will be charged $250 per day from the escrowed $5K.

Deal Takeaways:

Special Details: 2005 build! Tax assessed value of $239,390

Foundation: Needs leveling (Cracks in walls)

Plumbing and electrical: Working

Roof and HVAC: Original (2005)

Cosmetics: Could use a cosmetic remodel

Easy access to I-35, downtown San Antonio, and New Braunfels

5 Mins away from HEB & Walmart

10 Mins away from Randolph AFB

Financials:

ARV: $245,000

Purchase Price: $133,750

Profit Details:

$245,000 ARV

(*) 94% for sale commissions

(-) $133,750 purchase price

(-) $50,000 rehab budget

(-) $5,000 closing / holding cost

(=) $41,550 profit

Rental Profit Details:

$1,750 estimated monthly rent

(-) $499 monthly tax

(-) $175 monthly insurance

(-) $175 property management

(-) $175 allocation for repairs, vacancy, etc

(=) $726 net monthly cash flow

Property Details:

2005 Year Build

1,577 Home Square Feet

6,011 Square Feet Lot Size