Priced to sell now at independent appraised value of $300,000!
Renovated and updated in 2013. 5/3.5. 2,444 SF. 2.6 acres. Move in ready. New siding, roof, HVAC, insulation, electric, floors, kitchen and bathrooms. Stunning views. Minutes to Medina Lake. Priced at independent appraisal. Old oaks, xeriscape landscaping. Extensive masonry walls, sidewalks. Outstanding schools. Extensive private and PK options. In prestigious Medina Valley area with highest: home values, net worth, incomes. Lowest crime rate. Great rental. Easy San Antonio commute: 14 MI to 1604.
We believe it is a great single family luxury rental investment. At $2,500 rent: 6.8% CAP, $20,390 Net Operating Income, $11,948 EST Cash Flow.
Eligible for our Real Estate Philanthropy Program!
Will not last long!
LUXURY SINGLE FAMILY RENTAL
We recommend private investment clients who historically include multi-family and c...
We recommend private investment clients who historically include multi-family and commercial properties in their portfolio to consider adding luxury single family homes as a diversification or replacement strategy. We recommend private investment clients who historically include multi-family and commercial properties in their portfolio to consider adding luxury single family homes as a diversification or replacement strategy. Tenants typically:
Demonstrate pride in the property
Require little management or maintenance
Have little or no collection issuers
Benefit from relocation packages guaranteeing or prepaying lease payments
ELIGIBLE FOR SWPRE REAL ESTATE PHILANTHROPY
At the direction of our client(s), we gift 20% of our revenues (before commission payments to realtors) to the nonprofit of our client(s) choice. We encourage gifts to our PREFERRED NONPROFITS.
We encourage matching by clients and other brokerages!
At a sale for list price, depending on matching
gifts can range from $5,370-$32,220!
OUTSTANDING SCHOOL OPTIONS
Medina Valley ISD 7 of 10 Overall Great Schools Rating
Castroville Elementary (PK-5) 20.1 MI to property. 587 Students.
8 of 10 Great Schools Rating
Medina Valley Middle (6-8) 21.6 MI to property. 916 Students.
6 of 10 Great Schools Rating
Medina Valley High (9-12) 21.6 MI to property. 1,111 Students.
7 of 10 Great Schools Rating
Over 30 Private School Options Within 30 MI
Over 50 Preschool Options Within 30 MI
NOTE: Information from GreatSchools
APPRAISAL NOTE
Appraisal competed 6/9/2015. $300,000 valuation.
The subject is in good condition with less than typical physical depreciation noted for a home this age due to updating. Per the home owner, in the prior two years the subject has had stone siding added, new roof, new a/c unit, new insulation, new electrical, new flooring, updated kitchen and bathrooms. External obsolescence was not noted
3% BUYER BROKER COMMISSION TO ALL AGENTS
3% Commission to all MLS/Non-MLS buyer agents or MLS/Non-MLS sub agents. No requirements other than legally representing buyer.
Mico Medina Lake TX Hill Country Home Move In Ready, Mico-Medina Real Estate, Mico-Medina Home For Sale, Mico-Medina Land For Sale, Mico-Medina Luxury, Mico-Medina Farm Ranch, Real Estate Philanthropy, SWPRE, TX Hill Country Real Estate, TX Hill Country Home For Sale, TX Hill Country Land For Sale, TX Hill Country Luxury, TX Hill Country Farm Ranch, Don Stefanov, Pam Stefanov, Stefanov, The Alexanders, Diane Alexander, George Alexander, Southwest Partners, Global Partners International Realty
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