tomo logo

$550,000

Beds
8
sq ft
3,960

241 Deerwood Dr, San Antonio, TX 78209

241 Deerwood Dr

San Antonio, TX 78209

  • 23 days on market
You will not find a better deal on a quadplex! Exceptional opportunity in Terrell Heights. Close to downtown, Fort Sam, Alamo Heights, several universities, and several hospital systems. All units are townhome style with 2 beds, 1 bath in each unit. Leases in the area range from $1000-$1100 per door for LTR, $1500-$1800 for MTR, $2000-$2200 for STR. Investors please perform your own due diligence. 1 unit is occupied, the other 3 will be vacant prior to closing. This will work as a Mid Term rental, short term rental, househack, or traditional buy and hold long term rental. Separate electric and gas meters. Imagine leasing each unit as a fully furnished mid term rental or househack.

Details

Property type

Est. home value

$621,802

Lot size

0.47 acres

Price per sq ft

$139

Year built

1955

Annual property taxes

$12,143

Price History

11/29/2024
SanAntonio

SanAntonio #1826180

Listed
$550,000
06/21/2024
SanAntonio

SanAntonio #1743271

Removed
05/29/2024
SanAntonio

SanAntonio #1743271

Price change
$625,000
-3.85%

Schools & Community

Neighborhood: 

Wilshire Village

Elementary school: 

Northwood

Middle school: 

Garner

High school: 

Macarthur

School district: 

North East 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

$165,590
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$340,410
Cash to seller
$165,590

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

Seller’s Loan History

Lender

Pilgrim Mortgage Llc

Loan start date

October 2020

Original loan amount

$375,000

Est. remaining balance

$340,410

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

James Edward Stevenson Iii

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 8:50 AM

Listing updated: 12/10/2024 at 2:20 AM

Listed by: Victor Steffen, eXp Realty Phone #: (888) 519-7431

MLS: SanAntonio #1826180

SanAntonio logo

Recently listed in San Antonio