Take advantage of this turnkey investment opportunity in San Antonio, Texas! This fully occupied, newly constructed triplex is currently yielding a 7 cap rate. One lease ends on 10/31/2024, offering a perfect opportunity to live in one unit and offset costs. Minimal maintenance is required, and the property is eligible for conventional, FHA, and VA financing. Plus, the seller is willing to assist with closing costs. Don't miss out-submit your offer today!
Property Details
Property Features
Property Information:
Year Built: 2024
Listing Office:
Office Name: Real
Office Phone: (210) 800-5525
Listing Agent: Dominique Jimenez
Interior Features
Interior Information:
Appliances: Oven, Stove, Disposal
Flooring Type: Carpeting, Ceramic Tile, Laminate
Exterior Features
Exterior Information:
Exterior: Mature Trees (ext feat), Level
Parking Information:
Parking: Carport, Carport, Carport
Lot Features
Lot Information:
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Central, Electric
Cooling: Central Air
School Info
Assigned Schools Information:
Lanier High School, Public Magnet Grades 9-12
Rhodes Middle School, Public Charter Grades 6-8
Other
Directions Information:
Directions: S Zarzamora St to Saltillo St and S Elmendorf St
Price Information
Listing Price Info
Price Summary:
List Price: $515,000
Tax Information:
Annual Amount: $321
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in San Antonio, TX.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Properties subject to prior sale, change, withdrawal or rental. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 3:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$321
$13,670
2019
$322
$11,310
2018
$323
$11,260
2017
$238
$8,370
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,638
Per Month
Principal & Interest
$2,571
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,610
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
2
/10
Rhodes Middle School
3000 Tampico St
Distance between this listing and this school0.68 miles
Public Charter Grades 6-8
High School
2
/10
Lanier High School
1514 W Cesar E Chavez Blvd
Distance between this listing and this school1.11 miles
Public Magnet Grades 9-12
Nearby Schools
3
/10
Barkley-Ruiz Academy
1111 S Navidad St
Distance between this listing and this school0.46 miles
Public Charter Grades PK-5
2
/10
Sarah King Elementary School
1001 Ceralvo St
Distance between this listing and this school0.52 miles
Public District Grades PK-5
2
/10
Storm Academy
435 Brady Blvd
Distance between this listing and this school0.69 miles
Public District Grades PK-5
Assigned Schools
2
/10
Rhodes Middle School
3000 Tampico St
Distance between this listing and this school0.68 miles
Public Charter Grades 6-8
Nearby Schools
3
/10
Lowell Middle School
919 Thompson Pl
Distance between this listing and this school1.25 miles
Public District Grades 6-8
2
/10
Tafolla Middle School
1303 W Cesar E Chavez Blvd
Distance between this listing and this school1.37 miles
Public Magnet Grades 6-8
Assigned Schools
2
/10
Lanier High School
1514 W Cesar E Chavez Blvd
Distance between this listing and this school1.11 miles
Public Magnet Grades 9-12
Nearby Schools
1
/10
Cooper Academy
1700 Tampico St
Distance between this listing and this school0.36 miles
Public District Grades 9-12
1
/10
Estrada Achievement Center
1112 S Zarzamora St
Distance between this listing and this school0.37 miles
The neighbors living near this home have an average income of $16,943. Typical income of San Antonio, TX residents is less than $35k annually. Most families are single, with kids. Residents of this area typically have high school diploma education.
This home is located at 1522 S Elmendorf in San Antonio, TX and zip code 78207 in the Greater Gardendale neighborhood. This home, which was built in 2024, sits on a 0.11 acre lot. It has been listed on Rocket Homes since August 26, 2024 and is currently priced at $515,000.
In October 2024 more than 152 listings in San Antonio, TX were sold above the asking price. During the same period more than 368 listings were sold at asking price, while more than 759 were sold below. Between September 2024 and October 2024, San Antonio, TX real estate market has seen increase in the number of listings by 8.6%. The median list price of listings available in October 2024 was $294,811, while the average time on the real estate market was 72 days.
From Rocket Homes Real Estate and based on county public records data.