Creative Deals > Texas > San Antonio, TX 78203

319 S Olive St

San Antonio, TX 78203

Entry Cost: $82,170 + CC/TC

Asking Price: $570,625

Property Details

  • Deal Type: Subject To

  • Property Type: Multi-Family [Main House and Duplex]

  • Bedrooms: 7

  • Bathrooms: 4

  • Total Living Area: 2,742 sqft

  • Lot Size: 11,648 sqft lot

  • Year Built: 1995

  • Condition: Turnkey

  • HOA: No

  • Furnished: Yes

  • Roof: Replaced in 2021

  • Location: Downtown San Antonio minutes to Riverwalk & Alamodome

Financial Details

  • Loan Amount: $488,455

  • Principal & Interest: $2,778

  • Interest Rate: 5.0%

  • Amortization: 30 years

  • Balloon: 04-01-2032

Income & Performance

  • Gross Income: $12,300/mo.

  • NOI: $9,200 - $9,500/mo.

  • Cash Flow: $2,200 - $2,400/mo.

  • Main House: $2,000/mo. [lease through May 2026]

  • STR: $10,300/mo.

BUYERS ARE REQUESTED TO DO THEIR OWN DILIGENCE ON THIS PROPERTY AND MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY.


Seller of this property either owns or has equitable contractual interest in the properties marketed. Seller has exclusively relied upon the information listed within the MLS, County Assessor's office, and Property Tax office to determine all measurements including lot size, square footage, number of bathrooms, number of bedrooms, number of total rooms, zoning, permitted and prohibited uses, construction materials, parking, year of construction, and all other pertinent data relating to the physical improvements and land area of the subject property. Buyer acknowledges and accepts that the seller makes no representations and warranties of any kind, whatsoever, as to the actual conditions that may exist within or around the property, and buyer acknowledges that it has conducted its own investigation of these facts, and is purchasing the subject property based upon its own conclusions. Buyer expressly acknowledges that they are purchasing the property in 'as is, where is' condition.


Submit your offer and information by clicking 'Submit an Offer'. A contract will be delivered electronically once an agreement has been made and must be executed by the End Buyer within 24 hours. Once the contract is signed, we will introduce you to a third party Title Company who will help facilitate the closing process. Earnest Money Deposit must be wired to Title. End Buyer will pay all closing costs which will be outlined on the final settlement statement of the deal.

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