1246 Waverly
San Antonio, TX 78201
5
Bedrooms
3
Bathrooms
2,850
Sq Ft
1947
Year Built
About This Property
Owner open to Creative Financing options and Owner Financing. Live Mortgage-Free or Own a Turnkey Investment - 3 Private Units Near Woodlawn Lake Completely remodeled property features three separate, private units (all rehabbed in 2022), each with its own space and fencing. Ideal for an owner-occupant or an investor. Live in the front unit ( 1,250 SF) and rent the two rear units ( 800 SF each) to offset or fully cover your mortgage, or operate all three as income-producing rentals. Strong performance with 87% occupancy and approximately $85K gross annual income. Two units are leased; the front unit is ready for short- or mid-term rental or owner occupancy. Zoned RM-4 (rare for the area), offering flexibility and future upside. No HOA. Prime location just 1 block from Woodlawn Lake and minutes from the Riverwalk and Pearl. The adjacent lot is also available for expansion.
Property Details
Property Type
Multi_family
Year Built
1947
Lot Size
9,801 sq ft
HOA
None
Listed Price
$550,000
Owner financing
This listing mentions owner financing. Terms are set by each seller and are negotiable. Verify availability and terms with the seller or their agent.
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Frequently Asked Questions About Owner Financing in San Antonio
What is owner financing for 1246 Waverly?
Owner financing means the seller of 1246 Waverly acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this San Antonio, TX home mentions owner financing; confirm it with the seller.
Do I need good credit for owner financing?
There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.
How much is the down payment for this San Antonio home?
There is no standard down payment. The seller of this San Antonio home sets their own, and it is negotiable. Ask the seller or their agent.