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Cash Price: $235,000
Owner Financing: $40,000 down with a purchase price of $265,000 at 6% interest

1,532sqft home sitting on 1.22 acres outside the city limits of San Antonio - Meaning no city taxes and no restrictions!

The home is 3 beds, 2 bath and a screened in back porch. Stove/oven, dishwasher, and living room furniture included in this sale.

CPS for electric, SAWS for water, and septic tank for waste. Frontier Waste manages weekly trash pickup.

Features: Electric gate, house was releveled in 2023, asphalt driveway (2022), metal roof (2019), 2 carports, and a detached apartment/suite that can house family or be rented out. Backyard has an empty semi trailer that was previously used for storage, it is now empty. Very good shape! Tires are flat and need changed if you want/need moved. Sell on FB marketplace for about $1,800.

The ADU is right behind the house and is about 70% remodeled. Plumbing, electric, windows, and AC splits updated end of 2023. Flooring, paint, and amenities still needed. It is about 570sqft with 1 bedroom and 1 bathroom. Has a partially enclosed back porch. The laundry room for the apartment is located in the enclosed portion. The apartment was previously rented out for $650/mo before the renovations. Rent comps are between $850 - $950 depending on finishes. Or finish the renovation and let family stay right out back.

Investment Potential:
- House Rent Potential: $1,700
- Apartment Rent Potential: $850
Total Potential Monthly Income: $2,550

Quiet area along FM 1346. Short 5 minute drive to Adkins & China Grove. 3 minutes to San Antonio. It is move in ready for the new owner. Clean warranty deed will transfer at closing. The house will be move in ready once current owners pack up and move out, which should only be about 60 days or less. More pictures available upon request. Message me to setup a time to view the property.

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1712 Iowa St, Texarkana, TX 75501, USA

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