Updated 2 days ago on .
OFF MARKET GEM: price < $140k [$245,000+ ARV] vaulted ceilings SATX 78217 Harlandale
OFF-MARKET HARLANDALE GEM: $73K UNDER TAX VALUE!
Location: Harlandale Subdivision, San Antonio, TX 78217 Price: Under $140,000 (As-Is) ARV: $245,000+ Potential Rent: $1,750+
Investors, this is a rare find in a prime, high-demand Harlandale location. We just acquired this property a week ago and are offering it $73,000 under the tax-assessed value and $35,000 under its list price. This is your chance to secure an instant-equity deal with multiple exit strategies.
Property Highlights:
- Massive Upside: At nearly 2,000 square feet, this home is significantly larger than other properties in the neighborhood, giving you a major advantage on your ARV.
- Conservative ARV: Recent comps support an ARV of $260k–$285k. Our conservative estimate of $245k gives you a comfortable safety net.
- Best Comp: A nearby home at 315 Rosebud Avenue sold for an incredible $302,000 ($180/sq ft), proving the market is strong.
- Light Rehab: This is primarily a cosmetic flip. According to the seller, the major systems (HVAC, electrical, plumbing) are in working order. The home even has new floors!
- Multiple Exit Strategies: Flip for a huge profit, wholetail for a quick return, or hold as a high-cash-flow rental.
Rehab Breakdown (Conservative $45K Budget recommended):
- Cosmetics: Focus on interior/exterior paint, light fixtures, and cleanup.
- Roof: Budget for repair or partial replacement on the 12-year-old roof.
- Systems: Include a small allowance for foundation inspection, HVAC service, electrical, and plumbing to be safe.
This is a clean, straightforward deal with incredible profit potential in a great location near Downtown and Mission Reach. The property is vacant and ready for a showing.
Access: Vacant, schedule for showing or available to purchase sight unseen. First Come First Served
This deal will not last long at this price. Contact me at (832) 266-3656 for fast response!
