(San Antonio,TX) 🏚️ Great Buy & Hold Opportunity & Cashflow 300+/mo!!!🏡

Bexar County, San Antonio, TX, 78220
Sold
Listed at: August 26th, 2024
Price
$115,000
Sq. Footage
1360
Type
Single-Family
Parking
Unassigned
Year build
1951
Lot size
0.21 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

🏚️ Buy & Hold and Cashflow 300+/mo

or Profit over $40k+ !!!🏡

 

Attention Real Estate Investors

Investor Special! Great flip opportunity. With some TLC... This spacious 3-bedroom, 1-bath home offers 1,360 sq ft of comfortable living space. Located in a quiet, established area with easy access to schools, shopping, and local amenities.

Perfect for generating rental income. Don’t miss out—schedule your showing today! **contact below**


ASKING PRICE: $115K

ARV: $200K+

RENT ROLL: $300+/MO

 

 

Perfect For:

🛠 Fix/Flip Opportunity

(Purchase Price) $115K + (Rehab) $30k = $145K (Total Investment)

(ARV) $200k - (Total Investment) $145k = (Gross Profit) Over $55k or $50k after closings  

 

ARV Comps:

314 Kenmar Drive, San Antonio, TX 78220- SOLD $206K

3 bed | 1 bath | 1,254 SqFt  (0.13 mi away) 

 

229 Kenmar Drive, San Antonio, TX 78202 - SOLD $195,000

3 bed | 2 bath | 1,153 SqFt  (0.16 mi away)  

 

329 Leonidas Dr, San Antonio, TX 78202 - SOLD $219,000

4 bed | 2 bath | 1,213 SqFt  (0.26 mi away)

 

🚪 Buy and Hold

(Purchase Price) $115K + (Rehab) $25k = (Total Investment) $140k

(Current Rent Rate) $1,800/mo - 1,450 (PITI) = $350+/mo est. CASH FLOW!

 

Rental Comps:

229 Kenmar Drive, San Antonio, TX 78202  LEASED $1,811/MO

 

338 Tomrob Dr, San Antonio, TX 78202- LEASED $1,600/MO

 

344 Readwell Dr, San Antonio, TX 78202 - LEASED $1,500/MO

 

Property Overview:

🛏 3 Bedrooms

🛁 1 Bathroom

📏 1,360 liveable sqft of potential! 

📅 Built in 1951

 

Additional Insight:

🚀 Area: Hot Area for Flips or profitbale Rentals

🕒 History: Long-term Owners 

🚧 Attention Required: Light Rehab -- Countertops, paint and bathrooms  

🔄 Vacancy: Vacant

**Buyer due diligence on all properties**

 


CALL TO SCHEDULE SHOWINGS

214-286-6940

TENTATIVE CLOSE DATE:  09/30/2024

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Devin Robinson

No reviews

Disposition manager