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$520,000

Beds
9
sq ft
3,346

1522 S Elmendorf St, San Antonio, TX 78207

1522 S Elmendorf St

San Antonio, TX 78207

  • 8 days on market
Cashflow producing triplex. Here is your opportunity to create cashflow for life! This triplex was just built in 2023. 2 of the 3 units have been leased long-term. Move into the front unit or rent it out for even more cashflow! Each apartment unit has 3 bedrooms (one down, two up) and 2 full baths (one down, one up). The interior hosts laminate flooring on the first floor, ceramic tile in the bathrooms, and carpet on the second floor. The exterior features a metal fence with double swinging gates, mature trees, and a carport to help protect vehicles on those hot/rainy days. This property is located in a well-established westside neighborhood, within walking distance of parks featuring walking trails, picnic tables, a creek bed, basketball courts, and a swimming pool. This property is less than 10-minutes from downtown San Antonio, making it a great investment to buy and hold with long-term tenants, house hack, or mid or short-term rentals.

Details

Property type

Est. home value

$548,174

Property condition

New Construction

Lot size

4,748 sq ft

Price per sq ft

$156

Year built

2023

Annual property taxes

$11,235

Price History

11/12/2024
SanAntonio

SanAntonio #1822777

Listed
$520,000
08/23/2024
SanAntonio

SanAntonio #1790051

Removed
07/03/2024
SanAntonio

SanAntonio #1790051

Listed
$525,000

Schools & Community

Neighborhood: 

Prospect Hill

Elementary school: 

King

Middle school: 

Rhodes

High school: 

Lanier

School district: 

San Antonio I.S.D.

Seller’s Loan History

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

Lender

Adolfo Gonzalez

Loan start date

September 2023

Original loan amount

$300,000

Est. remaining balance

$0

Interest rate

6.81%

Loan type

Not Provided, 1 year

Seller

Meyer Miller Developers Llc

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: 11/20/2024 at 12:20 PM

Listing updated: 11/12/2024 at 1:50 PM

Listed by: Marc Longoria, LPT Realty, LLC Phone #: (877) 366-2213

MLS: SanAntonio #1822777

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