11011 Balmorhea

San Antonio, TX 78252
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4 bd, 3 ba | 2,024 sqft | Built in 2021

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List Price
$285,000

Initial Investment

$77,663

Purchase Price

$285,000

Down Payment

25%

Rent

$1,970

Total Return

$58,783

Annualized Return

11.2%

Cap Rate

4.2%

Gross Yield

8.3%

Cash Flow

-$3,660

Appreciation

4.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

$38/mo

Flood Risk

Not Required

*OPEN HOUSE SUNDAY April 14th from 12pm-3pm*Get away from the congestion and plant roots outside city limits! This open concept two story has a secondary bedroom with a full bath on the first floor, perfect for an office or for any family member to enjoy! Wind down your day by enjoying the vast views from your backyard or get active in the community pool and playground down the street! This beautiful home is located 15 minutes from Lackland AFB and has immediate access to Loop 1604 and Hwy 90! The home loan is assumable, so you can take over the same mortgage payment with a 3.25% rate! Call Henry Garcia to schedule your private home tour today!

See more in Analysis
Collin Corrington
White Line Realty
TX Agent License #706046

Annual Financial Highlights

Expected Rent

$22,458

Expenses

-$3,774

Property Taxes

-$6,850

Loan Payments

-$15,494

Net Cash Flow

-$3,660

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Henry Garcia
M & M Texas Properties
Certified Agent Brokerage:Collin Corrington
White Line Realty
TX Brokerage License 9007429
SourceMLS #1765473
Last Updated: 04/11/2024 01:04
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.