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$229,000

Beds
2
sq ft
1,368

1218 E Drexel Ave, San Antonio, TX 78210

1218 E Drexel Ave

San Antonio, TX 78210

  • 50 days on market
This charming duplex offers 1 bedroom and 1 bath on each side, complete with indoor laundry facilities. Each unit has its own separate CPS meters, a huge backyard, a 2-car garage, and a beautiful mature tree.Located just minutes from downtown, this property is perfect for first-time homebuyers looking to live on one side and rent out the other. Plus, there's plenty of space and hookups for your RV! Previously used as an Airbnb, it made an impressive gross income of $34,588.41 in 2023!

Details

Property type

Est. home value

$225,565

Lot size

7,667 sq ft

Price per sq ft

$168

Year built

1928

Annual property taxes

$4,445

Price History

09/11/2024
SanAntonio

SanAntonio #1797415

Listed
$229,000
09/03/2024
SanAntonio

SanAntonio #1797415

Pending
$229,000
07/31/2024
SanAntonio

SanAntonio #1797415

Listed
$229,000

Schools & Community

Neighborhood: 

Highland Park

Elementary school: 

Call District

Middle school: 

Call District

High school: 

Call District

School district: 

San Antonio I.S.D.

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$89,037
Asking price
$229,000
Closing costs (~8% of asking)
-$18,320
Est. remaining loan balance
-$121,643
Cash to seller
$89,037

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

August 2022

Original loan amount

$135,000

Est. remaining balance

$121,643

Interest rate

4.92%

Loan type

New Conventional, 15 year

Seller

Laura C Ramirez Garcia

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/19/2024 at 10:55 PM

Listing updated: 09/11/2024 at 9:09 AM

Listed by: Julio Elias, Collective Realty Phone #: (210) 504-1149

MLS: SanAntonio #1797415

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