(San Antonio, TX) 🏚️ Great Flip and Profit over $70k near downtown San Antonio 🏡

Bexar County, San Antonio, TX, 78202
Sold
Listed at: September 12th, 2024
Price
$60,000
ARV
$180,000
Gross Margin
$120,000
Sq. Footage
732
Type
Single-Family
Parking
Carport
Year build
1930
Lot size
0.07 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

🏚️ Flip and Profit over 70k or Cashflow 400+/mo!!!🏡

 

Attention Real Estate Investors

Unleash the potential of this 2-bedroom, 1-bathroom fixer upper, perfectly situated near Downtown San Antonio. Being sold as-is, this property is a golden opportunity for savvy investors seeking to transform into an absolute gem.

Perfect for generating rental income or as a high yield flip!! Don’t miss out—schedule your showing today! **contact below**


ASKING PRICE: $60K

ARV: $180K

 

Perfect For:

🛠 Fix/Flip Opportunity

(Purchase Price) $60K + (Rehab) $45k = $105K (Total Investment)

(ARV) $180k - (Total Investment) $105k = (Gross Profit)  $75k 

 

ARV Comps:

418 Blue Bonnett St, San Antonio, TX 78202 - SOLD $175,000

2 bed | 1 bath | 694 SqFt  (0.43 mi away)

 

619 Canton , San Antonio, TX 78202 - SOLD $173,000

2 bed | 1 bath | 900 SqFt  (0.26 mi away) 

 

810 Gabriel, San Antonio, TX 78202 - SOLD $142,000

2 bed | 1 bath | 756 SqFt  (0.09 mi away) 

 

🚪 Buy and Hold

(Purchase Price) $60K + (Rehab) $25k = (Total Investment) $85k

(Current Rent Rate) $1,400/mo - 1,000 (PTI) = $400+/mo est. CASH FLOW!

Rental Comps:

1427 Hays St, San Antonio, TX 78202- LEASED $1,390/MO

 

1970 Burnet St, San Antonio, TX 78202- LEASED $1,299/MO

 

2514 E Houston St, San Antonio, TX 78202- LEASED $1,200/MO

 

 

Property Overview:

🛏 2 Bedrooms

🛁 1 Bathroom

📏 732 SqFt 

📅 Built in 1930

 

Additional Insight:

🚀 Area: Hot Area for Flips or profitbale Rentals

🕒 History: Long-term Owners 

🚧 Attention Required: Moderate/Full Rehab 

🔄 Vacancy: Vacant

**Buyer due own diligence on all properties**

 


CALL TO SCHEDULE SHOWINGS

214-286-6940

TENTATIVE CLOSE DATE:  10/07/2024

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