Property Map
Street View
Courtesy of Clark Realty & Associates,LLC, Kevin Clark {attribution_contact}
Description
Opportunity to own your own multi-family investment. A newly built community that requires minimal upkeep costs. Exquisitely designed new construction duplexes within Horal Cove. Featuring a seamlessly flowing floor plan for the modern lifestyle with extensive upgrades found throughout. Designer accents are showcased by abundant natural lighting featuring upgraded light fixtures, a gourmet kitchen with granite countertops and stainless steel GE appliances, decor paint, and custom ceiling details. Large master and spacious guest bedrooms are found up. Tranquility is found outdoors with an oversized yard and privacy fencing. Prime location minutes from schools, restaurants, entertainment, and shopping. 10 duplexes available for 20 total units. A rare opportunity for investors and home buyers alike for new construction within the area. Offering a buy down program with 4.5 interest at 30 yr fix rate.
Property Details and Features
Listing
- 52 cumulative days on market
- 52 days on market
- Listing date: 2024-09-29 05:00:00
- Price per square foot: $209
Location
- County: Bexar
- Subdivision: Garden Brook Estates
Bedrooms
- 3 bedrooms in unit 1
- 3 bedrooms in unit 2
Bathrooms
- 2 full bathrooms in unit 1
- 1 half bathroom in unit 1
- 2 full bathrooms in unit 2
- 1 half bathroom in unit 2
Accessibility Features
- Unit 1 disability access: No
- Unit 2 disability access: No
Building
- 2,486 square feet
- 2 total units
- Approximate age: 1 year
- Built in 2023
- Builder: Ramstin
- Oven/Stove
- Disposal
- Dishwasher
- Washer Connection
- Dryer Connection
- Oven/Stove
- Disposal
- Dishwasher
- Washer Connection
- Dryer Connection
Exterior Features
- Siding
Floors
- Carpeting
- Ceramic Tile
Foundation
- Slab
Roof
- Composition
Miscellaneous
- Net operating income: $37,832
- Unit 1 rent: $1,695
- Unit 2 rent: $1,695
- 2% vacancy rate
- Annual operating expense: $2,848
- Gross annual income: $40,680
- Management
Parking
- 1 parking space for unit 1
- Unit 1 parking type: Attached
- 1 parking space for unit 2
- Unit 2 parking type: Attached
Home Owner’s Association
- HOA name: HORAL COVE HOA
Schools
- School district: Northside
- Elementary school: Meadow Village
- Middle school: Call District
- High school: Call District
Cooling
- Two Central
Heating
- Electric
- Central
Utilities
- Separate Electric
- Separate Water
- Electric utility supplier: CPS
- Water utility supplier: SAWS
Taxes
- Total tax amount: $2,862