new - 3 hours on rocket

341 Avondale Ave, San Antonio, TX, 78223

$290,000

Home List Price

$3,444*

Closing Credit

0 Baths
2,516 SqFt
$115/SqFt
Multi

Location

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341 Avondale Ave, San Antonio$290,000

Buyer Closing Credits

$3,444*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPad, Pad, Pad, Pad
Year Built1942
HeatingNone, Other
CoolingWall/Window Unit(s)
MLS #1823327
Lot Size0.23 Acres
StatusActive
(New)

About 341 Avondale Ave

Uncover an exceptional investment opportunity in this unique multi-unit property, perfect for maximizing rental income. Featuring an existing tenant-occupied ADU, this property delivers immediate cash flow with enormous future potential. Properties like this rarely come to market, especially one designed to offer four separate rental incomes. The main house is ready to be renovated into three individual units, each with immense earning potential. Imagine transforming Units 1 and 2 into one-bedroom, one-bathroom apartments, while the back unit becomes a spacious two-bedroom, one-bathroom rental. With the ADU already a fully functional two-bedroom, one-bathroom unit housing a long-term tenant, you'll start generating revenue from day one. Each unit is equipped with a separate city electricity meter, making management simple and efficient. This property is sold "as-is," giving you the freedom to shape each unit to suit your investment strategy. With renovations already started, you're set to take over and quickly finish the renovations to turn this property into a lucrative, high-yield investment. The seller also offers owner financing with an attractive interest rate, a five-year balloon, and no prepayment penalty-making it easier to capitalize on this rare find. Don't miss out on this fantastic investment in a property with boundless income potential.

Property Details

Property Features

Property Information:

  • Year Built: 1942
  • Living Area: 2,516 SqFt

Listing Office:

  • Office Name: K&E Realty
  • Office Phone: (210) 418-0067
  • Listing Agent: Rayenari Suarez

Interior Features

Interior Information:

  • Appliances: Oven, Stove
  • Flooring Type: Wood

Exterior Features

Exterior Information:

  • Exterior: Mature Trees, Mature Trees (ext feat), Level

Parking Information:

  • Parking: Pad, Pad, Pad, Pad

Virtual/3D Tour

  • Virtual Tour: 341 Avondale Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: None, Other
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: From 281 South turn right on S New Braunfels Ave. Turn right again on Avondale Ave. The property will be on the corner of Avondale Ave and Russi St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $290,000
  • Price Per SqFt: $115/SqFt

Tax Information:

  • Annual Amount: $3,600
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in San Antonio, TX.

Med. Sold Price

$294.8K

Med. Price/SqFt

$162

Avg. Days On Market

72

# of Sold Homes

1279

341 Avondale Ave vs San Antonio

1 DAY ON ROCKET

-71 Days

$290,000

-$4.8K Less

$115/SqFt

-$48 Less

KEY TAKEAWAY

This property is $4.8K less than the Median Sold Price and $48/SqFt less than other homes in San Antonio, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1823327

Listing Office:

  • Office Name: K&E Realty
  • Office Phone: (210) 418-0067
  • Listing Agent: Rayenari Suarez

IDXDisclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved.

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.


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Last updated on: 11/14/2024, 8:20:48 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

YEARPROP. TAXASSESSMENT
2020$3,600$131,000
2019$3,439$127,000
2018$3,439$120,000
2017$2,611$92,000

History based on county public records data.

Payment Calculator

$1,515

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$936

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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.

Nearby Schools

school-card-donut-281198
4
/10
  • Charles C. Ball Elementary School

  • 343 Koehler Ct

  • 0.30 miles

  • Public Charter Grades PK-5

school-card-donut-281199
6
/10
  • Muriel Forbes Elementary School

  • 2630 Sally Gay Dr

  • 0.72 miles

  • Public District Grades PK-5

school-card-donut-281200
4
/10
  • Steele Montessori Academy

  • 722 Haggin St

  • 1.16 miles

  • Public Charter Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,506. Most San Antonio, TX residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›Texas›Bexar County›San Antonio›78223›341 Avondale Ave

This home is located at 341 Avondale Ave in San Antonio, TX and zip code 78223 in the Hot Wells neighborhood. This 2,516 square foot home, which was built in 1942, sits on a 0.23 acre lot. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $290,000.

San Antonio, TX housing market in October 2024 saw over 152 listings sold above listed price, more than 368 sold at listed price and over 759 sold below. The number of listings in San Antonio, TX increased by 8.6% between September 2024 and October 2024. Listings spent 72 days on the market in October 2024, and had a median list price of $294,811 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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