🏠 🖌 Renovator's Dream SFH | San Antonio, TX | Walkthrough Info 📸 👁

Bexar County, San Antonio, TX, 78211
Sold
Listed at: November 7th, 2023
Price
$79,000
ARV
$155,000
Gross Margin
$76,000
Sq. Footage
880
Type
Single-Family
Parking
Driveway
Year build
1954
Lot size
5750.00 sqft
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

1327 Chalmers Ave, San Antonio, TX 78211

This 2 bedroom / 1 bathroom property makes sense for any rental investor, even in today's changing real estate market. Situated within South West San Antonio, provides a perfect location for urban simplicity, and an amazing BRRRR opportunity!

Property is Vacant, contact Dispo Manager for viewing options.

Deal Takeaways:

Roof is about 11 years old

It has window units & the windows are good

Shed in the back that needs some love

5 Mins drive from HEB plus!, Sam's Club & Walgreens

5 Mins away from local businesses and stores

15 Mins away from Downtown San Antonio

Easy Access to I-35

Financials:

ARV: $155,000

Purchase Price: $79,000

Profit Details:

$155,000 ARV

(*) 94% for sale commissions

(-) $79,000 purchase price

(-) $35,000 rehab budget

(-) $5,000 closing / holding cost

(=) $34,260 profit

Rental Profit Details:

$1,600 monthly estimated rent

(-) $190 monthly tax

(-) $110 monthly insurance

(-) $160 property management

(-) $160 allocation for repairs, vacancy, etc

(=) $980 net monthly cash flow

Property Details:

Built 1954

880 Home Square Feet

5,750 Square Feet Lot Size

Padua Partners Acquisitions assumes no liability for the accuracy of any estimates or information provided. End buyers must conduct own due diligence. The property is to be sold as-is. Proof of funds is required. Cash or hard money only. End buyer pays all closing costs and fees associated with this transaction. $5,000 Non-Refundable EMD needed to secure the contract.
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Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Samuel Wooten

No reviews

Disposition manager