80 photos
$265,000
76 & 76 B POST OAK RD
La Vernia, TX 78121
John Foster, Foster Family Real Estate · (210) 264-5001
What the listing says
Check This Out..Investment Property in La Vernia. OR Family Compound... 2-Mfdg Homes on 2.53 ACRES w/Option to put ANOTHER on the Property........HM 1 is a 1984 Nearly 1800sf 3-Bd 2-Ba Fleetwood Glenbrook Double Wide Mfdg Hm w/Metal Roof & Recent Updates..Has Very Open Floorplan.. Laminate/Vinyl Plank Style Flooring Thru-Out..Hardi-Board Skirting,2-Porch/Patios...It has a Retro Foundation & was moved to this location in 2014 making it Eligible for Possible VA Financing it is Real Property...However ....Hm 2 is a 1984 Approx 1216sf (16x76) 3-bd 2-ba Palm Harbor Single Wide w/Some Past Updates and is labeled as Personnel Property & does not have the Retro foundation.... & is Rented Out at $1,100 a Mo.....Hm 1 was a past rental at $1,750 a Mo.....NOTE Electrical Meter Loop for 3-Electric Meters (2 are there now) & 1-Oversized Septic System that Accommodates up to 3-Homes..Ea home has it's Own Water Meter & Electrical Meter and both homes Are connected to the septic system ....Was approved by the County to allow up to 3-Mfdg homes on the 2.53 acres...No Hoa dues or City taxes in Post Oak Hills Subd...Tax Rate is 1.7%...Taxes for Both Mfdg Homes is Approx $3,200 a Yr ...Again VA Financing As The Dbl Wide & 2.5 Acres ALONE would Easily appraise Per Comp's & Single Wide would be conveyed as a Non Reality item (Personnel Property) Possible Owner Financing w/20% dn,7.5% Int rate Amortized over 30-years w/3-yr balloon.....Est payment to include Taxes & Insurance would be Approx $1,976 a month....But Again i believe VA financing would work as Hm 2 could be Labeled Non Realty Item for Lender Purposes...Call 4 Detailed Packet of Info...Endless Possibilities...Possible more rental income w/a 3rd home ?? OR Family Compound on 2.53 Acres...Hm 1 Vacant Go & Show Hm 2 Tenant Occupied will need 24-HR Advance Notice to Show..Thanks !!!
See the original listing ↗This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.
Property Details
Property Type
Mobile Home
Lot Size
110,207 sq ft
HOA
None
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Questions about owner financing in La Vernia
What is owner financing for 76 & 76 B POST OAK RD?
Owner financing means the seller of 76 & 76 B POST OAK RD 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 La Vernia, 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 La Vernia home?
There is no standard down payment. The seller of this La Vernia home sets their own, and it is negotiable. Ask the seller or their agent.