Current list Price: $170,000
Bedrooms: 5
Bathrooms: 2½
Square Feet: 2,225
Year Built: 2006
Lot Size: 5,175 sq. ft.
FHA Repair Escrow: $550 – Repair garage ceiling
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 26623 Sparrow Ridge, San Antonio TX 78261. This home is located in the Trinity Oaks subdivision, and it's a nice small and well kept community right off of Hwy 281 N. There is new construction being built in the area, so why pay full price for something that you can save thousands of dollars on that needs a little bit of work. This home is more than $21,000 BELOW the county appraisal. It's listed for $170,000 and will need a littleTLC but it's all pretty minor cosmetic touching up. There's a $550 repair escrow for buyers that want to buy the home with an FHA loan to repair the small garage ceiling damage. It's going to need some flooring, some painting and a little wall work in the kitchen to match the stone around the kitchen wall/bar. 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? Another neat thing about HUD homes is that HUD will pay 3% of your closing costs. 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# 495-758694.
(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
210-706-0616