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$298,000

Beds
3
Baths
2.0
sq ft
1,516

1511 Center St, San Antonio, TX 78202

1511 Center St

San Antonio, TX 78202

  • 2 days on market
    • Open house Dec 22
INCREDIBLE 2.25% ASSUMABLE VA LOAN - NO HOA Airbnb Potential + ADU-Ready Opportunity! Now offered at an amazing $298,000, a $12,000 improvement priced below market value, which makes this home one of the best values in the area for sleek, modern living combined with income potential. Nestled in the Jefferson Heights neighborhood, just minutes from downtown San Antonio, it offers high ceilings, hardwood floors, stainless steel appliances, and designer lighting throughout. This home is move-in ready! Currently used part-time as a turn-key Airbnb, this home offers the option to add an Accessory Dwelling Unit (ADU)-allowed by right. With gated front and alley access (rear gate ready for motorization), you can enjoy flexibility with both entrances. Whether you live in the main home or future ADU, rent out the other to increase affordability and cash flow! Neighborhood is in transition with revitalization underway-great opportunity to invest before prices rise! Make the most of San Antonio's ongoing transformation! The home is within 3 miles of the city's best attractions-AT&T Center, Hemisfair, Alamodome, Pearl Brewery, and Ft. Sam Houston, plus future light rail transit for added value. Walkability and public transport access will only improve, making this property even more desirable. Loan assumption requires formal application and approval. Buyer must be a veteran and must occupy the home to assume VA loan. No "subject-to" offers will be considered. Offered furnished for immediate ROI (furnishings and inventory sold separately from home sale)-ideal for investors or those looking to offset their mortgage through short-term rentals. Home in this area are in high demand, and this home won't last. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$364,578

Lot size

5,750 sq ft

Price per sq ft

$197

Year built

2019

Annual property taxes

$8,964.36

Price History

12/20/2024
SanAntonio

SanAntonio #1830358

Listed
$298,000
12/11/2024
SanAntonio

SanAntonio #1819989

Removed
10/31/2024
SanAntonio

SanAntonio #1819989

Listed
$310,000

Schools & Community

Neighborhood: 

Jefferson Heights

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

$25,380
Asking price
$298,000
Closing costs (~8% of asking)
-$23,840
Est. remaining loan balance
-$248,780
Cash to seller
$25,380

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

Seller’s Loan History

Lender

Hurst Real Estate Inc

Loan start date

September 2021

Original loan amount

$268,200

Est. remaining balance

$248,780

Interest rate

2.8%

Loan type

VA, 30 year

Seller

Atiya Mitchell

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: 12/22/2024 at 2:50 AM

Listing updated: 12/20/2024 at 10:21 AM

Listed by: Atiya Pandy, Keller Williams City-View Phone #: (210) 696-9996

MLS: SanAntonio #1830358

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