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$119,900 / 2br - 1657ft2 - 🔥 HOT HOT HOT 🔥 for < $120k [$225,000+ ARV] ✨ St. Mary's University (Universal City)
![🔥 HOT HOT HOT 🔥 for < $120k [$225,000+ ARV] ✨ St. Mary's University 1](https://images.craigslist.org/00000_ied3SVjl9FS_0bv08I_600x450.jpg "1")
![🔥 HOT HOT HOT 🔥 for < $120k [$225,000+ ARV] ✨ St. Mary's University 2 thumbnail](https://images.craigslist.org/00202_gSc8lYQ7nTw_0fy091_600x450.jpg)
![🔥 HOT HOT HOT 🔥 for < $120k [$225,000+ ARV] ✨ St. Mary's University 3 thumbnail](https://images.craigslist.org/00404_bgtM5yNgW3l_0fx08Y_600x450.jpg)
2BR / 1Ba
1657ft2
available now
license info:
TX LREA #813897 Broker #9000195
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This is a fantastic opportunity in a prime location. This home is a solid, four-sided brick on a slab foundation. It’s an ideal project for an investor looking for a high-profit flip or a cash-flowing rental. This property is selling for a massive $80,000 under the tax-assessed value, giving you instant equity! Clean home that needs basic sprucing for a rental play.
Property Details:
Beds/Baths: 2 / 1 (with easy conversion to 3/1 or even a 4/2)
SqFt: 1,657
Lot Size: 0.219 acres
Build: 1953
Investment Highlights:
Massive Upside: A recent 2/1 comp—500 sq ft smaller—just sold for $204,000. This property has a ton of potential.
Flexible Layout: The large square footage allows for easy conversion to a 3-bedroom, 1-bath or even a 4-bedroom, 2-bath layout, which would significantly increase your ARV.
Low-Cost Rehab: The foundation is solid and the HVAC is a newer 2020 unit. A basic rental rehab could be done for as little as $10-20k, while a full flip would be in the $40,000 to $50,000 range.
Strong Market: Homes in this area are selling fast, with an average days on market of under 60 days for similar properties.
Rehab Suggestions Only: The main items are a new roof, kitchen & bathroom remodel. The interior needs cosmetic updates like paint and fixtures.
Note: The mini-split in the back den will be removed before closing.
This is a straightforward deal ready to go. We are looking for a fast close, ideally before October 1st.
Access: The property is vacant. Call me to schedule a viewing!
 show contact info
TX LREA #813897 Broker #9000195
MLS comps readily available. If interested, text me "78228 St Marys" and your email for a quicker response.
Cash Buyers Only. Buy it Sight Unseen. Hard Money Financing Estimates available.