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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

  • 63 days on market
Welcome to 340 E Huisache located in the coveted historical neighborhood of Monte Vista. This one of a kind triplex offers a fantastic investment opportunity through short, mid, or long-term rental. This is also a terrific opportunity to live onsite while renting out the other two units. OWNER FINANCING AVAILABLE! In addition to rental demand, revenue growth, and cash flow, one of the most appealing qualities of the property is its ease of management. The property currently has an active STR permit, with the top unit (2x1) scoring a rare 5-star rating on 109 reviews and generates roughly $60k a year. The lower unit (2x1) and efficiency unit (1x1) are used as personal units. The revenue potential is not being maximized on the STR as the seller has to refuse a number of rental requests. The property is in incredible shape and has been meticulously cared for. There have been a number of upgrades completed over the years with the most recent being a new roof this year and new AC units.

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

$596,542
Asking price
$965,000
Closing costs (~8% of asking)
-$77,200
Est. remaining loan balance
-$291,258
Cash to seller
$596,542

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

$291,258

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: 11/22/2024 at 1:30 AM

Listing updated: 10/23/2024 at 10:20 AM

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

MLS: SanAntonio #1810221

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