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$530,000

Beds
4
Baths
2.5
sq ft
2,252

511 Lamar St, San Antonio, TX 78202

511 Lamar St

San Antonio, TX 78202

  • 11 days on market
Step into this beautifully preserved Victorian gem located in a vibrant neighborhood with easy walking access to downtown, Pearl, Riverwalk, and some of the city's best restaurants and breweries, the location couldn't be more ideal. Perfect for homeowners and investors alike, this property includes an income-generating guest suite with its own private bathroom and separate entrance, making it versatile as a second primary bedroom or a short term rental. The suite has consistently earned 5-star reviews, and the owner is willing to sell everything needed to continue its success. The home also includes a modern security package with three outdoor cameras. Outside, you'll find lush perennial gardens with native plants, peach, loquat, pomegranate, and pecan trees, as well as an above-ground garden bed. Enjoy evenings by the backyard fire pit area or on the flagstone patio, with ample space to create an inviting setting for gatherings. The beautiful wrap-around porch adds to the home's timeless Victorian charm. Located on an oversized lot with a solar-powered gate leading to the alleyway, this home is not only a sanctuary but also has plenty of room for a pool, ADU, or more improvements. It's 1 block from a community garden for residents to grow their own produce and flowers, and 2 blocks from Lockwood Park, where you'll find sports courts, playgrounds, a dog park, and open green spaces perfect for outdoor activities. In addition, you're also near Dawson Park, which is anticipated to reopen soon next to the Historic Hays Street Bridge, offering even more recreational opportunities. Don't miss this opportunity to own a piece of history with modern convenience, income potential, and incredible community amenities!

Details

Property type

Single Family Residence

Est. home value

$529,720

Lot size

0.27 acres

Price per sq ft

$236

Year built

1905

Annual property taxes

$10,981.23

Price History

09/25/2024
SanAntonio

SanAntonio #1811606

Listed
$530,000

Schools & Community

Neighborhood: 

Dignowity Hill

Elementary school: 

Bowden

Middle school: 

Bowden

High school: 

Brackenridge

Community features: 

Pool, Tennis Court(s)

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

$181,700
Asking price
$530,000
Closing costs (~8% of asking)
-$42,400
Est. remaining loan balance
-$305,900
Cash to seller
$181,700

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

March 2021

Original loan amount

$332,000

Est. remaining balance

$305,900

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Anne Palermo

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?

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Status: Active

Tomo last checked: 10/06/2024 at 1:30 AM

Listing updated: 09/28/2024 at 4:40 PM

Listed by: Natalie Salas, eXp Realty Phone #: (888) 519-7431

MLS: SanAntonio #1811606

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