Current list Price: $57,000 ($39,900 Lottery buyer price)
Square Feet: 1,103
Year Built: 1962
Lot Size: 7448 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 8310 Ridgetop Dr., San Antonio, TX, 78230. This home is currently listed under the HUD Lottery program, where Non-Profits and Government Agencies get a 30% discount off of the price, which is a $17,100 discount off of this home. It looks like this was originally a 3 bedroom home that was converted into a 2 bedroom home with a second bathroom. It will be needing some serious TLC but there’s a ton of equity here, whether it sells to a Lottery buyer or not! It’s also located conveniently off of Callaghan and I.H. 10 near the Medical Center. It’s about 1,100 square feet and was built in 1962. The current list price is $57,000 so Lottery buyers get it for $39,900. If no Lottery buyers make an offer then it will go to the general public for $57,000 and 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# 495-954251.
(if the home does not appear on the link, it may be under contract)
** Depending on when you see this video this home (or others on this website) may be Sold, Active, or Pending. To find out the current status please contact me via phone or email. I would love to earn your business.
Jonathan de la Garza – Texas Broker