🔥 RARE METAL TIN Roof on 1967 SF, 3/2 Rental Property in NE San Antonio, 78239 🏡

Bexar County, San Antonio, TX, 78239
Sold
Listed at: March 16th, 2022
Price
$189,000
ARV
$250,000
Gross Margin
$61,000
Sq. Footage
1967
Type
Attached
Parking
Attached Garage
Year build
1977
Lot size
0.34 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

ARV of $250,000. This property is in a fantastic LOCATION for a flip or BRRRR in NE San Antonio. This area has seen a lot of price and rent appreciation over the last few years. This house comes with a lifetime standing seam roof (metal tin) and a huge lot at the end of a cul-de-sac. This can be done as a cosmetic flip or clean up + rental for a buy-and-hold. Given the location, this will be an easy property to rent and capture appreciation.


For a rental, the property could use some light cosmetic work particularly to the bathrooms. There is a slight foundation tilt towards the back of the house, but we have a bid for $7,000 repair from Trinity Foundation (see attached bid). The asking price already accounts for this cost.


Market rents are $1,700/mo+ (see attached CMA).


Don't wait. This definitely won't last long.


Fast Facts:

  1. Roof: Metal Tin (40-70 Year Lifespan)
  2. HVAC: Condenser + Extra Window Units
  3. Foundation: $7k Estimate Repair
  4. Kitchen: Functioning
  5. Bathrooms: Functioning
  6. Flooring: Tile
  7. Occupancy: Vacant
  8. Garage: 2 Car Garage


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

JD Kumala

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Disposition manager