(When the video plays turn your phone sideways)
List Price: $50,000
Square Feet: 983
Year Built: 1940
Lot Size: 7,800
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 200-300 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 171 Octavia Place, San Antonio TX 78214. This is a charming little 2 bedroom 1 bath bungalow just south of downtown San Antonio. It is currently the least expensive home in a 1 mile radius in the MLS. It’s also priced about $26,000 UNDER the county appraisal! Although it may be small, it has a lot of potential. The wood floors could be refinished to their original luster and the arches give the home a lot of charm. It’s going to need to have the foundation inspected as there’s evidence of a little movement, but it doesn’t appear to be too bad. It’s also going to need some painting, flooring, and a little sheet rock repair, but that’s all pretty minor compared to what this home could be worth in a few years. It’s currently listed for $50,000 and HUD will pay up to 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. It’s as easy as entering a Zip code in the “Search Site” space on the website. FHA Case# 495-866480.
(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
** Lot size, tax value or county appraisal figures, and all data are acquired from each county appraisal district website and should be verified by you for accuracy.