Property Details
1406 W. Travis / 304 Mustang Alley
Bexar County
https://www.homes2go.net/properties/1406m-w-travis-304-mustang-alley
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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).
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304 Mustang Alley pays $594/mo.
Is also a 2 bedroom, 1 bath home built in 1946 with 996 sf of living space.
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TOTAL INCOME / Month = $1,144
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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
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Possible special financing with $10,000+ down payment
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$75,000 Sale Price
$10,000 Down
$65,000 Balance @ 11% for 240 months
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$ 671~ Principle + Interest
$ 186~ Taxes
$ 74~ Insurance
$ 931 TOTAL PITI
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*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.
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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
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Dale
210-669-4020
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Mitch
210-657-7000