2 Houses on 1 Lot
4 Bedrooms2 Bathrooms
1,850 Sq/Ft Living1,850 Sq/Ft Total
Sold for - last offered at $68,000

Property Details

1406 W. Travis / 304 Mustang Alley
Bexar County
http://www.homes2go.net/properties/1406m-w-travis-304-mustang-alley


2 Houses on 1 lot! Both have excellent renters in them.
1406 W. Travis pays $550/mo. VACANT RIGHT NOW!
Built in 1900 and is 854 sf. of living space. It is a 2 bedroom, 1 bath home fully fenced (front and back).

304 Mustang Alley pays $594/mo.
Is also a 2 bedroom, 1 bath home built in 1946 with 996 sf of living space.

TOTAL INCOME / Month = $1,144

These 2 homes are situated on 0.1463 acres (51? x 150?) and the taxes are assessed at $2,210 per year or about $92 per month per houses. I am currently registered to fight these taxes and I have no doubt the taxes will go down.
$68,000 New Loan or Cash

Possible special financing with $10,000+ down payment

$75,000 Sale Price
$10,000 Down
$65,000 Balance @ 11% for 240 months

$ 671~ Principle + Interest
$ 186~ Taxes
$ 74~ Insurance
$ 931 TOTAL PITI

*Nothing herein is to be construed as an offer of owner financing. All offers, negotiations, and discussion of terms of any financing must be made by a licensed residential mortgage loan originator or attorney pursuant to Chapter 180 of the Texas Finance Code. Examples are for illustrative or informational purposes only. Actual terms of financing will vary.


DIRECTIONS:
Take IH-10 TO Colorado Street
Go South (Towards Town) on Colorado Street
LEFT on W. Travis…1406 W. Travis down on your RIGHT


Dale
210-669-4020

Mitch
210-657-7000

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