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$325,000

Beds
8
sq ft
4,022

809 4th St, Floresville, TX 78114

809 4th St

Floresville, TX 78114

  • 350 days on market
    • Price drop $4,900↓
SPANISH STYLE QUAD-PLEX LOCATED NEAR DOWNTOWN FLORESVILLE. ALL UNITS HAVE THEIR OWN ELECTRIC METER AND WATER METER. THREE UNITS ARE CURRENTLY LEASED WITH YEAR LEASE TILL OCTOBER 2024 AND THIS CAN BE A GREAT PASSIVE INCOME PROPERTY OR CAN BE WHAT YOU WANT TO MAKE IT. ONE UNIT IS VACANT AND AMOUNT ASKING IS THE MARKET VALUE FOR THE AREA. THERE IS PLENTY OF PARKING SPACE INSIDE THE FENCED AREA FOR TENANT SECURITY. UNITS HAVE UPDATED FLOORS IN 2 UNITS AND ROOF IS ABOUT 4 YEARS OLD. PLEASE REACH OUT TO COME SEE YOUR FUTURE MULTI UNIT PROPERTY BEFORE IT IS GONE. THIS IS A PROPERTY THAT IS BETTER TO SEE SO SCHEDULE YOUR TIME. DO NOT MISS OUT ON THE PASSIVE INCOME OPPORTUNITY.

Details

Property type

Lot size

0.25 acres

Price per sq ft

$81

Year built

1950

Annual property taxes

$10,381

Price History

06/13/2024
SanAntonio

SanAntonio #1734956

Price change
$325,000
-1.49%
01/30/2024
SanAntonio

SanAntonio #1734956

Price change
$329,900
-5.74%
11/21/2023
SanAntonio

SanAntonio #1734956

Listed
$350,000

Schools & Community

Elementary school: 

Floresville

Middle school: 

Floresville

High school: 

Floresville

School district: 

Floresville Isd

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

$252,080
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$46,920
Cash to seller
$252,080

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

Seller’s Loan History

Lender

Paul G Kenning Sr Etal

Loan start date

October 2008

Original loan amount

$67,500

Est. remaining balance

$46,920

Interest rate

6.47%

Loan type

Not Provided, 30 year

Seller

Ruben Jimenez Guerrero

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: 11/05/2024 at 6:10 PM

Listing updated: 09/24/2024 at 3:55 PM

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

MLS: SanAntonio #1734956

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