FOR SALE OFF MARKET – 2401 Ave J Hondo TX


Investors!

We have a 100% off-market property available in the growing community of Hondo, TX, only 43 minutes west of San Antonio. Contact 210-865-0742 or jmpickett@gmail.com for more information.

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Property Address: 2401 Ave J, Hondo TX

Description: Great flip or buy and hold opportunity with this 4/4, 2,800 square foot single family home. Sits on .581 acres and features an in-ground pool with shower and restroom. Also includes outdoor garage or workshop.

Repairs: $55,000, including full kitchen and bathroom remodel; new flooring, foundation leveling, service HVAC and pool pump, includes resurface pool, new electrical. We have a full construction team that will update by phone and photos every week on construction progress. Or bring your own team to do the rehab.

ARV: $350,000

Comps: 1509 25th st Hondo Tx , .289 acres, 4/2 2324 sq ft  – Sold 11/2/2020 $345,000

1101 27th st Hondo Tx, 4/3 2844 sq ft, .51 acres – Sold 7/8/2021 $355,000

Price: Asking $200,000 – note 2020 appraisal came in at $220,000

Strategy: Flip with $55,000 in repairs or rent for $2000 to $2500 (we have eligible renters standing by.

Notes: Real estate experts say that with the ever-northward expansion in San Antonio’s real estate market, the push to find raw and affordable land out beyond the city limits to develop into residential subdivisions became inevitable – making Hondo more and more desirable to buyers as the San Antonio market shoots higher.

SOLD

Address: 1503  San Rafael St, San Antonio, TX 78214

Description: Increase your cash flow with this under market value property in San Antonio, almost adorable cottage, magnificent large back yard, needs major help (conversation to a 3 beds 2 bath) in the flourishing San Antonio Market, 1503 San Rafael St., San Antonio, TX 78214, 2 beds, 1 bath, 912 sqft, lot size: .19 acres, estimated repairs: 50K, clean/lawn maintenance/interior paint/exterior paint, foundation, flooring, plumbing/electrical up to code, tile in bathroom floor, roof. Max After Repair Value: 149K

Price: $49,000 cash

Exit Strategy: Buy, rehab and rent  this San Antonio investment property for $850 per month

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SOLD – 117 Mebane St. San Antonio TX 78223

With some attention and gentle care this can be your money-maker, under market value investment. This home is located within walking distance to the south part of the river walk, 117 Mebane St. 3 beds 1.5 baths, 812 sqft, lot size: .17 of an acre, repairs needed to owner finance 10k: stabilize foundation, plumbing/electric up to code, fresh paint kitchen/bath, patch up roof leak, repair sheetrock damage on ceiling, lawn maintenance. 

Exit Strategy:

Owner Finance with 10k in repairs, then resale at $109,000.00 $1,100.00 monthly mortgage includes PI/TI,  30 year amortization, can sell note after 1-2 years

Rent: $1000 with 10K in repairs

SOLD – 421 Avenue C, Seguin TX 78155

Nicely remodeled home, rent andor owner finance ready, walking distance to Texas Lutheran University, Wood Laminate Floors that shine throughout house, Recent Paint, New Lighting Fixtures and Ceiling Fans. The New Refrigerator and Stove/Range stay with the property, 421 Avenue C, Seguin TX 78155-3733, 2 beds 1 bath, 888 sqft, large lot: .12 acres. Minor leveling needed 5K repair. Price:64K cash.

 Exit Strategy:

 Owner Finance with 5k in repairs, then resale at $99,000.00 – $1,000.00 monthly mortgage includes PI/TI,  30 year amortization, can sell note after 1-2 years.

Rent: $900 per month.

SOLD – 4547 Guadalajara Dr. San Antonio, TX 78233

 

Address: 4547 Guadalajara Dr. San Antonio, TX 78233

Description: Location Location!  Fully renovated, turnkey San Antonio investment property! Prime time area.  3 beds 2 bath, 1154 sqft, lot size: .14 acres, school district: North East ISD, central heat and cold air, new roof gas stove, tile floor.

Price: 139K. Rents $1395 per month.

Notes: Property will be rented, and there is a three-year warranty for plumbing and electrical work.

Contact us today to make an offer – 210 865 0742.

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SOLD – 301 Kendalia Ave, San Antonio Texas 78214

Cash Flow King! With love and vision this unique corner lot home has a ton of potential. 2 homes on large lot, front home has 2 beds 2baths can be converted in a 3/2, back home has 2 beds 1 bath, 301 Kendalia Ave, San Antonio Texas 78214, lot size.27 acres, MAX ARV 169K, Price: 80K, estimated rehab to transfer to rental 30-40K.

Max ARV: $169k
Asking Price: $80,000

Exit strategy: Recommended exit strategy with 30-40K rehab, rent both homes front house 1k, back house $900.

Comps: Rental Comps sold comps

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SOLD – 307 Golodrina Ave, San Antonio TX

 

Excellent investment with tremendous potential. 307 Golodrina Ave., 3 beds 2 bath, 1370 sqft. Lot size: .11 acres, estimated rehab to make new and flip 50K, Max ARV: 169k, asking price: 75K.

Max ARV: $169k
Asking Price: $75,000

Exit strategy: Recommended exit strategy with 20K rehab: 5-10K down payment, sales price: 129K, $1,295.00 PI/TI 30 year amortization, 10% interest or rent $1200 monthly.

Comps: Rental Comps sold comps

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