Single-Family Home in San Antonio, TX 78245

Descripiton

Spacious Home in Excellent Condition with Minor Cosmetic Updates Needed

Property Details:

• Property Type: Single-Family Home

• Beds/Baths/Sqft: 5 Beds  / 4 Baths  / 3,217 sqft

• Purchase Price: $390,000  (+TC + CC)

• After Repair Value (ARV): $495,000

• Condition: Excellent condition overall; only requires cosmetic upgrades

• Occupancy: Vacant

• COE (Close of Escrow): 01/07/2025

Rental Income Potential:

• Long-Term Rental (LTR): $2,500/month

• Short-Term Rental (STR): Market-dependent

Comparable Sales (Comps):

1. 12326 Beryl Knoll, San Antonio, TX 78245 - Sold for $485,000 on July 14, 2024

2. 1730 Moonstone Bay, San Antonio, TX 78245 - Sold for $505,000 on September 30, 2024

3. 12501 Topaz Bay, San Antonio, TX 78245 - Sold for $490,000 on June 20, 2024

Investment Highlights:

• High Equity Potential: Purchase price significantly below ARV, providing a strong equity margin post-cosmetic upgrades.

• Turnkey Condition: Excellent structural condition; no major repairs needed, reducing rehab costs.

• Spacious Home: 3,217 sqft, 5-bed, 4-bath layout appeals to families and investors alike.

• Prime Location: Situated in a desirable neighborhood with increasing property values.

Why This Deal is a Great Opportunity:

This property offers substantial value with minimal rehab costs. The ARV of $495,000 creates an excellent equity margin for investors, while the turnkey condition ensures a quick path to profitability. Perfect for fix-and-flip or buy-and-hold strategies in San Antonio’s growing real estate market.

 Photos and Access Information:Appointments can be scheduled for in-person viewings.

Gallery Images