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$965,000

Beds
5
sq ft
3,484

340 E Huisache Ave, San Antonio, TX 78212

340 E Huisache Ave

San Antonio, TX 78212

  • 93 days on market
Welcome to 340 E Huisache located in the coveted historical neighborhood of Monte Vista that is walking distance to countless restaurants and entertainment options. This one-of-a-kind triplex (two 2x1, one 1x1) has great bones and has had a number of upgrades completed over the years with the most recent being a new roof (Feb. '24) and new AC. Additional features include xeriscaped back yard, hot tub, carport, additional storage shed, covered deck, beautiful hard wood floors, abundance of natural light, in-unit laundry, study, and sun-room. The property is easy to self-manage, self-clean, and offers a fantastic investment opportunity through short, mid, or long-term rental. The top unit (2x1, 1,500 sqft), is STR permitted, brings in $60k/yr., and has 5 star rating on over 100 reviews on Airbnb. The bottom unit (2x1, 1,500 sqft), previously used as personal unit, recently began STR with great results so far. December 2024 is shaping up to be a $14k month for both units combined. Gross estimated mid-term revenue: $3,200-$3,500/mo. Gross estimated long-term revenue: $2,500/mo. STR occupancy is not being maximized as seller does not accept bookings if out of town. The ground floor efficiency unit (1x1, 350 sqft), has been used as personal office. Gross estimated mid-term revenue: $1,000/mo. and gross estimated long-term revenue: $750/mo. Furniture is negotiable.

Details

Property type

Est. home value

$727,196

Lot size

8,364 sq ft

Price per sq ft

$277

Year built

1927

Annual property taxes

$17,374

Price History

09/20/2024
SanAntonio

SanAntonio #1810221

Listed
$965,000

Schools & Community

Neighborhood: 

Monte Vista

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

$597,140
Asking price
$965,000
Closing costs (~8% of asking)
-$77,200
Est. remaining loan balance
-$290,660
Cash to seller
$597,140

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

Seller’s Loan History

Lender

Amcap Mortgage Ltd

Loan start date

August 2021

Original loan amount

$312,975

Est. remaining balance

$290,660

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Donald Dougherty

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 9:15 AM

Listing updated: 12/12/2024 at 1:21 PM

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

MLS: SanAntonio #1810221

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