loading
reading
writing
saving
searching
$120,000 / 2br - 1657ft2 - Off Market Deal: High Profit Flip Or Rental Near St. Mary's University (San Antonio, Texas)
QR Code Link to This Post
Price: under $120,000 as is!
ARV: $225,000
Investors, this is your chance to grab a serious value-add opportunity! We've secured an off-market property priced to move, with $80,000 in built-in equity as it's selling well below the tax-assessed value.
This solid, four-sided brick home is a 2-bed, 1-bath with huge potential. The 1,657 sq ft floor plan gives you the flexibility to easily convert it back to a 3/1 or even a 4/2 layout to maximize your ARV or rental income.
The numbers for an investor on this one are fantastic:
Flip Rehab: $45,000 (Kitchen, bath, interior cosmetics, new roof)
Rental Rehab: $10,000 - $20,000 (Do the bare minimum and still cash flow!)
Why this deal is a winner:
Location, Location, Location: A prime spot near St. Mary's University ensures strong rental demand and buyer interest.
Solid Comps: A recent 2-bed, 1-bath comp—500 sq ft smaller—just sold for $204,000 in early September. Flipping this to a 3/1 or 4/2 could easily push your ARV past $225,000.
Easy Conversion: The floor plan is perfect for adding bedrooms and a second bath, giving you an even better exit strategy.
Strong Bones: The foundation is a solid slab with a newer 2020 HVAC system.
This is a straightforward deal for an investor who knows how to spot a great opportunity. Act fast—we are looking to close as soon as possible, with a target closing date before October 1st
Access: Call me today to get eyes on this property.
Note: The mini-split in the back den does not convey and will be removed before closing.
First Come First Served for end-buyers only. Easier response by phone! Call for a showing!
show contact info , San Antonio local!