Selling my rental property direct to investor. No agents, no commission. Just a clean deal between principals.

PROPERTY DETAILS:

— 8174 Bent Meadow Dr, Converse, TX 78109 (Meadow Brook subdivision)

— 4 bedrooms, 3 bathrooms (2 full + 1 half)

— 2,300 sq ft, two-story, built 1992

— 7,405 sq ft lot

— HOA: $17/month (Meadow Brook)

FINANCIALS:

— Asking: $209,000 ($91/sqft)

— Current rent: $1,850/month (tenant on month-to-month, willing to sign new lease with buyer)

— Gross annual rent: $22,200

— Gross yield: 10.6%

— Monthly HOA: $17

— Estimated annual taxes: ~$4,500

— Estimated annual insurance: ~$1,800

— NOI (before debt service): ~$15,700

— Cap rate: ~7.5%

RECENT RENOVATIONS:

— New laminate flooring throughout

— Fresh interior paint

— New kitchen countertops

— New appliances

— New ceiling fans

— Updated landscaping

— Solar panels installed (reduces tenant energy costs, attractive retention feature)

— Driveway recently repaired

WHY I'M SELLING:

Reallocating capital. Property cash flows but I want to simplify my portfolio. This is a straightforward deal — tenant is stable, paying on time, and happy to stay. You're buying income from day one with no vacancy, no turn costs, and no lease-up period.

DEAL STRUCTURE:

— FSBO, no agents involved

— Buyer pays their own closing costs

— Title company handles closing

— Can close in 30 days or less

— Cash or conventional financing welcome

— Seller will cooperate with buyer's inspections and appraisal

LOCATION:

— Converse, TX (northeast San Antonio metro)

— Minutes from Randolph Air Force Base (strong rental demand from military families)

— Easy access to I-35 and Loop 1604

— Growing area with new construction surrounding the subdivision

COMPARABLE SALES:

— 8334 Bent Meadow (same street): 3BR/2BA, 1,952 sqft — Sold $258,500 (Feb 2025)

— 707 Meadow Forge: 3BR/2BA, 1,436 sqft — Sold $230,000 (May 2025)

— 8126 Easy Meadow Dr: 3BR/2BA, 1,328 sqft — Sold $229,900 (Jan 2025)

— Meadowbrook median: $225,000 (Redfin)

Note: At $209k you're buying a 4BR/3BA at below the neighborhood median, with a performing tenant already in place. The same-street comp sold for $258k vacant.

CONTACT:

Serious inquiries only. I can provide rent payment history, recent renovation receipts, and property financials to qualified buyers. DM me here at BP.