🏡 COSMETIC ONLY 3 Bed / 2.5 Bath Property in Far Northeast | San Antonio, TX 78247 🏡

Bexar County, San Antonio, TX, 78247
Sold
Listed at: April 25th, 2022
Price
$239,000
ARV
$285,000
Gross Margin
$46,000
Sq. Footage
1529
Type
Attached
Parking
Attached Garage
Year build
1993
Lot size
3920.00 sqft
Bedrooms
3
Bathrooms
2.5
Half Bathrooms
0
Summary

This SPRING CREEK gem is perfect for the buy-and-hold or flip investor! Located in high-upside northeast SA, this well-maintained house comes with a large outdoor patio and a 2-car garage, perfect for families. The property has a 9-month leaseback at $1,450/mo (ends December 2022), but rents in the area are as high as $1,750/mo (rental comp here).


Case for a Profitable Rental / Owner Finance:

  1. Majority of rehab is cosmetic only
  2. Located in "pathway of growth" NE San Antonio
  3. Renters already in place, with a clear path to additional upside
  4. 1990s build --> less maintenance headache
  5. Smart technology (Nest thermostat)
  6. Award-winning school district
  7. Infrastructure development along I-35
  8. Immediate equity


Case for a Flip:

  1. Cosmetic only rehab
  2. High ARV ($285k+) --> high profitability


No viewings without written consent, do not disturb tenants.

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