🏠💰2000 Build SFH | 178k+ Spread | Castle Hills TX

Bexar County, San Antonio, TX, 78213
Sold
Listed at: September 10th, 2024
Price
$272,000
ARV
$450,000
Gross Margin
$178,000
Sq. Footage
2160
Type
Single-Family
Parking
Attached Garage
Year build
2000
Lot size
8799.00 sqft
Bedrooms
3
Bathrooms
2
Half Bathrooms
1
Summary

Address: 122 Palm Cir, Castle Hills, TX 78213

Single Family Home - 3 beds 2.5 bath

Property is Occupied. Contact the Dispo Manager for access. Seller in the process of moving out, walkthroughs to take place after 09/23/24. 

Comps:

  • - 115 Parade Dr, San Antonio sold for 450k
  • - 119 Danube - sold for 450k

Deal Takeaways:

  • Gated community 
  • Has original roof (could probably use new roof)
  • HVAC new in 2019 and 2020, two 2.5 ton units
  • Needs some paint and sheetrock work 
  • Plumbing all good, electrical all good
  • Appliances are original and all still work
  • Need to update flooring
  • Closing end of the month. 

Financials:

ARV: $450,000

Purchase Price: $272,000

Estimated Profit Details (Flipper/MLS Sale):

ARV: $450,000

(*) 94% for sale commissions

(-) $272,000 purchase price

(-) $42,000 estimated rehab costs (Needs roof, cosmetic updating))

(-) $5,000 esti. closing / holding cost

(=) $104,000 profit

Property Details:

2,160 Home Square Feet

8,799  SQFT 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.
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