Current list Price: $90,000 ($63,000* for Lottery buyers)
Bedrooms: 2 (Plus a potential garage efficiency apartment)
Bathrooms: 2 (Plus 1 full bathroom in garage)
Square Feet: 1,772
Year Built: 1950
Lot Size: 9,828 sq. ft.
If you asked me whether or not Texas real estate is a good investment the simple answer is yes. With interest rates at their lowest since I’ve been selling real estate, there is no better time to buy. As a Texas real estate broker, I have sold all types of regular real estate, affordable homes, and foreclosures. From county owned tax sales, to bank owned, VA owned, Fannie Mae and Freddie Mac owned, but HUD homes tend to be the easiest and best government owned homes to buy. Please look over the website for any other HUD Homes that may be in your area, because currently Texas HUD homes average between 400-700 homes on the market every day. Some are ideal investor homes needing only minor repairs before renting, so if you're looking for cheap HUD Homes, you've found the guy to help you.
In this post we have a Texas HUD Home at 158 Cromwell Dr., San Antonio TX 78228. This home is currently listed under the HUD lottery program where Non-Profits and Government Agencies get the first chance to buy it at a 30% discount off of the price. They have until April 17th to pick this gem up for only $63,000! If they do not make an offer on the home then it will go to the general public on 4/18 and the bidding will start at $90,000. This home is almost appraised at $120,000 by the county. Yes it will need some work but I think that it is still going to be a great buy because the home has a lot of potential and the area is fantastic! HUD will pay 3% of your closing costs. There have been some tremendous savings on HUD Homes lately so if you are looking for a home to live in or some houses to pick up as an investor, now is the time to buy. All HUD Homes are time sensitive so you need to call me as soon as possible to discuss your buying options. Did you know that on some HUD Homes, HUD will loan you money to do repairs? Take a look at the video and see what you think, or search my webpage for other Texas HUD homes in your area. t’s as easy as entering a Zip code in the “Search Site” space to the right of this post. FHA Case# 495-798812.
(if the home does not appear on the link, it may be under contract)
** Depending on when you see this video, this home may or may not be under contract. To find out if it is still Active and on the market please call or email me if you're interested in this or any other home, I would love to earn your business.