Real Estate Deal of the Day San Antonio Metro – November 17, 2020

Deal of the Day

Deal of the Day – San Antonio Metro

13510 Gaywood Street, San Antonio, Texas 78217

MLS No. 1472185

November 17, 2020

Hello, everyone! Welcome to Real Estate IQ’s Deal of the Day San Antonio Metro!

Our subject property is located at 13510 Gaywood Street, San Antonio, Texas 78217.

The list price for this property is $205,000, with an estimated price of $306,597. The list price per square foot is at $72.77, and its estimated price per square foot is valued at $108.84.

This property with its MLS No.1472185, is a two-story single detached residential unit that sits on a 2800 square foot corner lot with a sprawling backyard built in 1974. It has four bedrooms and three bathrooms. Our subject property, dubbed as a “wonderful investment opportunity” in Northern Hills, boasts of a master bedroom with its own living area, dual fireplace and a very spacious master bathroom. This home has two living areas, a study room that could be transformed into a fifth bedroom and a breakfast nook.

For the comparables, we selected four best properties that are also located in the same subdivision. The first property is a single residential house built in 1972 with a square foot of 2300 and has three bedrooms and three bathrooms. Its list price is at $259,900 and was sold at $275,000.

The second comparable, also a single-residential property, was built in 1977. It has four beds and three baths. It has a square foot of 2300. The list price is at $249,995 and it was sold at $260,000.

The third comparable is a 2400 square-foot single residential property that was built in 1978 with a list price of $210,000 and was sold at $211,500. It has four bedrooms and three bathrooms.

For the fourth and last comparable, it is also a single-family residential property that was built in 1980 and has a square foot of 2200. Its list price is at $275,000 and it was sold at $275,000 as well.

For the investment summary, the subject property is listed at $205,000 with a 33.14% discount from its estimated price of $306,597. It has a good rental index of 1.05 and has an estimated monthly lease of $2,162. It is perfect for a starter home or as an investment.

That’s all for our Deal of the Day. Thank you for tuning in and have a great deal-finding day! 

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