tomo logo

$3,870,000

Beds
2
Baths
2.0
sq ft
2,490

601 Shearer Rd, Bulverde, TX 78163

601 Shearer Rd

Bulverde, TX 78163

  • 113 days on market
Investment business opportunity. Investing in residential property with a business opportunity can be an attractive proposition especially in areas where mixed use developments are thriving. Seize this unique opportunity presented by a tranquil 14-acre farm retreat where modern comfort converges with versatile recreational potential. The main house, originally built in 1928 has been thoughtfully remodeled and expanded thus seamlessly blending classic charm with contemporary design. This inviting property opens doors to a range of possibilities all within a serene setting. Step into the heart of the farmstead where the main house stands offering 2 to 3 bedrooms, 2 bathrooms, a chef's kitchen which invites comfortable living. Adjacent to this space are two guest houses each with of 2 bedrooms, 2 bathrooms, and a well-equipped kitchen ensuring the privacy and comfort of your guests. Beyond the interiors lies a private outdoor haven. Immerse yourself in the newly installed pool, complete with a diving board, slide, and a relaxing hot tub. The playground area features an in-ground trampoline whilst the outdoor kitchen features an imported wood-burning pizza oven from Italy promising delightful culinary experiences. As you explore further you'll encounter a charming array of farm animals; including registered American Wagyu and Black Angus cows. This property is primed for gatherings providing an idyllic backdrop for quality time with loved ones. Whether you're seeking a permanent residence, a weekend getaway, a ranch, or an event venue this versatile property accommodates various aspirations. The flexible land-use regulations also pave the way for Airbnb or VRBO rentals. Meticulous upgrades and renovations have transformed the property, with a comprehensive list of improvements available in the attached documents. The turnkey nature of this offering empowers the buyer to curate the inclusions. Seize the opportunity to embrace a serene farm lifestyle with modern amenities, encapsulating endless possibilities.

Details

Property type

Single Family Residence

Est. home value

$875,555

Lot size

14.00 acres

Price per sq ft

$1,555

Year built

1928

Annual property taxes

$11,423.01

Price History

09/01/2024
SanAntonio

SanAntonio #1805544

Listed
$3,870,000
08/01/2024
SanAntonio

SanAntonio #1712572

Removed
08/18/2023
SanAntonio

SanAntonio #1712572

Listed
$5,999,000

Schools & Community

Elementary school: 

Smithson Valley

Middle school: 

Smithson Valley

High school: 

Smithson Valley

School district: 

Comal

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

$2,894,303
Asking price
$3,870,000
Closing costs (~8% of asking)
-$309,600
Est. remaining loan balance
-$666,097
Cash to seller
$2,894,303

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

Seller’s Loan History

Lender

Ocmbc Inc

Loan start date

December 2021

Original loan amount

$711,000

Est. remaining balance

$666,097

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Jenifer George

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: 12/23/2024 at 5:10 PM

Listing updated: 09/12/2024 at 2:11 AM

Listed by: Sara Moore, Dillingham & Toone Real Estate Phone #: (210) 504-4800

MLS: SanAntonio #1805544

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