1851 Texas Ave

San Antonio, TX 78228
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3 bd, 2 ba | 1,271 sqft | Built in 1932

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List Price
$175,000

Initial Investment

$47,688

Purchase Price

$175,000

Down Payment

25%

Rent

$1,810

Total Return

$59,221

Annualized Return

19.0%

Cap Rate

7.4%

Gross Yield

12.4%

Cash Flow

$2,643

Appreciation

4.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,800

HOA

None

Flood Risk

Not Required

Discover the charm and potential of this home located in the historic Woodlawn Lake Area, a Neighborhood Conservation District dedicated to preserving the area's character. With 75% of renovations already completed, this property is a blank slate for you to finalize the updates, reflecting your unique style. Benefit from a below-market price point, providing room to enhance and add value to your investment. Experience a community rich in history, close to esteemed Catholic schools, and adjacent to the oldest park in Texas, offering a harmonious blend of heritage and leisure.

See more in Analysis
Kevin Guerin
Guerin Property Services
TX Agent License #610683

Annual Financial Highlights

Expected Rent

$20,634

Expenses

-$4,377

Property Taxes

-$4,100

Loan Payments

-$9,514

Net Cash Flow

$2,643

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:Brandon Ramirez
Keller Williams Heritage
Certified Agent Brokerage:Kevin Guerin
Guerin Property Services
TX Brokerage License 9000203
SourceMLS #1761859
Last Updated: 03/27/2024 14:03
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.