Investors, this one is for you. Flippers get a low entry point in a historic district with proven resale, and BRRRR investors can buy below market, rehab, rent to the steady tenant pool from Fort Sam, downtown and the hospital district, refinance on the new value and move to the next one. The home needs a full renovation and is sold as is. That is the opportunity. Renovated homes on this street and nearby are selling well above this price point, and demand for finished product close to downtown is strong. Location is what makes the numbers work. The home sits in Dignowity Hill, the historic neighborhood just east of downtown that keeps pulling in new buyers, new businesses and new money. Minutes to the Alamo, Riverwalk, Pearl, Hays Street Bridge and Alamodome. Quick access to I-35, I-37 and 281, and a short drive to Fort Sam Houston and St. Philip's College. Property is in the Dignowity Hill Historic District, so plan exterior work around OHP guidelines. Bring your contractor and your numbers. Cash, hard money or rehab financing welcome.
Listing courtesy of Listing Agent: Scott Malouff (scottmalouff@gmail.com) from Listing Office: Keller Williams Heritage.
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