1517 Center St

San Antonio, TX 78202
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2 bd, 1 ba | 816 sqft | Built in 1925

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List Price
$157,653

Initial Investment

$42,960

Purchase Price

$157,653

Down Payment

25%

Rent

$1,120

Total Return

$49,182

Annualized Return

15.5%

Cap Rate

4.3%

Gross Yield

8.5%

Cash Flow

-$2,376

Appreciation

6.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,800

HOA

None

Flood Risk

Not Required

Located in the highly sought-after Jefferson Heights neighborhood and just minutes from downtown, this fully remodeled 2-bedroom, 1-bath home perfectly blends modern updates and timeless charm. With all-new appliances, this residence is ready for you to move in immediately, catering to a diverse range of buyers. Fully FHA and VA compliant, this property offers exceptional convenience and flexibility for financing. Step inside to discover new electrical work throughout, a state-of-the-art furnace, and a reinforced foundation-all the essentials for a solid investment. The spacious backyard is zoned for an ADU dwelling, allowing you to add extra living space for guests, create rental income, or set up an Airbnb for added earnings. This home's prime location near downtown is unmatched, providing the perfect balance of urban living while enjoying the tranquility of a quiet neighborhood. Owner financing is available with just 13 percent down at a competitive 8.92 percent rate-seize this opportunity to claim this beautifully updated home for yourself!

See more in Analysis
Collin Corrington
White Line Realty
TX Agent License #706046

Annual Financial Highlights

Expected Rent

$12,768

Expenses

-$2,273

Property Taxes

-$4,300

Loan Payments

-$8,571

Net Cash Flow

-$2,376

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Leeroy Davila
Evoke Realty
Certified Agent Brokerage:Collin Corrington
White Line Realty
TX Brokerage License 9007429
SourceMLS #1826192
Last Updated: 11/29/2024 18:11
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