Current list Price: $49,000
Bedrooms: 2 (has a possible 3rd in the addition)
Square Feet: 1,102
Year Built: 1948
Lot Size: 6,000 sq. ft.
FHA Repair Escrow: $3,850 – install permanent heat source, repair siding, repair plumbing leak
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 1439 Alhambra, San Antonio, TX, 78201. This home is listed as a 2 bedroom 1 bath but there's actually an addition that was added to the back of the home that could be another bedroom, making it 3 in total. The home's not in very bad condition, needing some painting, flooring and HUD has a $3,850 FHA repair escrow to fix some exterior siding, install a permanent heat source and fix a small plumbing leak. Although this home is appraised over $58,000 it is only listed for $49,000, 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# 495-737098.
(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.
Jonathan de la Garza – Texas Broker