Offered AT
$62,500

1333 Rivas St, San Antonio, TX 78207

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1333 Rivas St, San Antonio, TX 78207

Offered At $62,500

Property Description

Great Bones! Perfect Flip Opportunity in Prospect Hill. This 2,158 square foot, 3 bedroom, 2 bath home with a detached garage is located on a large lot.  Needs a good clean, moderate cosmetic overhaul, but has plenty of profit potential.

 

The Numbers  
Estimated After-Repair-Value (ARV) $175,900
Asking Price ($62,500)
Estimated Repairs ($60,000)
Gross Profit Potential $52,500
Rent Estimate $1,600
Estimated Simple Cap Rate 11-14%
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Property Photos

Facts and Features
Type Single Family Residence Garage Detached
Year Built 1956 Roof Type Composition
Home Square Feet 2,158 Foundation Type Pier & Beam
Lot Size 9,060 SF Exterior Material Wood Lap Siding
Bedrooms 3-4 Number of Levels 1
Bathrooms 2
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Comparable Homes – Sold Square Feet Sold Price Price Per SF
1419 Rivas St 1,397 $130,000 $93
106 Goodrich 1,636 $132,500 $81
3402 W Salinas St 1,820 $145,000 $82
2414 Arbor Pl 1,500 $171,700 $114
3511 W Travis St 1,252 $175,000 $140
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DISCLAIMER: House is being sold as-is, and buyer is to pay all closing costs. No representations written or oral are made concerning the property above. Price based on a cash or hard money offer and is net to seller, 7-10 day close of escrow is required. Buyers to do their own independent due diligence and take any necessary precautions to verify any and all material facts. Investidom and its members/representatives make no guarantees concerning property condition, value, characteristics or financial benefits. Investidom may or may not currently own the properties being marketed and may be marketing the equitable interest however great or small in the given properties (without any warranty or representation other than it is the buyer under the subject contract). Opinion of value is given as courtesy. Our opinion is just an opinion and seller makes no guarantees or warranties, express or implied, as to the value or condition of the home.