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Proposed Settlement Date

Financing Terms

Include Furniture

Include Future Bookings

By submitting an offer, I understand and acknowledge that vrolio corp is not real estate brokerage and does not represent me in any capacity on a real estate transaction. I understand that this is not a purchase commitment and I am simply presenting a non-binding letter of intent to the seller of this property and the seller is in no way obligated to respond or accept my offer.

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Party Like It's 1999 at Unique "RETRO MODERN" Mansion in San Antonio

+ 11

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Castle Hills, TX 78213

Favorite
$1,299,000
6
7
10,671
sq. ft.
$122
per sq ft
Heated sq ft: 8,957 sq ft
Avg Nightly Rate:
Home Legally Sleeps: 0
Occupancy Rate: 0 weeks
Annual Gross Income : Inquire
Annual Net Operating Income : Inquire
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: No
Furnishings Included: Yes
For Sale By: Broker
Seller Financing: No
Niche: Business Stay, City Life, Couples/Romance, Weddings or Family Reunions
New Construction: Inquire
Days on Vrolio: 830

Property Description

"RETRO MODERN" Mansion on corner lot in Castle Hills Estates. Geographically desirable in the City of Castle Hills (San Antonio), Texas, known for clean, wide, quiet streets, mature landscape, seclusion, low taxes and no HOA. Exceptional accessibility to everything San Antonio. Located in NW Central San Antonio near Hwy 281 and Loop 410 just minutes from Airport, 5 Star Dinning, Shopping, Pearl District, Downtown River Walk, Alamo and Missions, AT&T Event Center (Spurs Basketball), Sea World, Six Flags Fiesta Texas, Zoo and Concert Venues. Six Bedrooms, Seven Baths and 600 SF Resort Style Pool this two story home is full of light from numerous windows and 13 skylights. Designed to entertain the huge Sunken Living Room and Atrium have 20' windows and ceilings plus Gourmet Kitchen, Game Room, two Wet Bars and three Fireplaces. Amenities include covered porches, water features, jacuzzis, cedar sauna, vintage tile, walk in showers, walk-in closets, massive storage areas, four stairways, privacy fence/wall, 3 car garage, circular drive and alley parking

Presented by:
Agent:
Tommy Edwards
All City Real Estate
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 0
Low: 0
Peak: 0
Special Event: 0
Avarage: 0.00
Furniture Age
10
Est Value of Furnishings
Inquire
Peak & High Seasons
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
Owner is retired and downsizing.
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
Inquire
Net Operating Income
Inquire
Stories
2
Additional Indoor Rooms
Attached Garage for No car, Attached In Law Suite, Family Room, Formal Dining Room, Game Room, Home Office/Den, Living Room, Master Suite Down, Mud Room, Multiple Master Suites, Sauna
Appliances
Dishwasher, Dryer, Full stove, Garbage Disposal, Microwave, Oven, Refrigerator, Washer
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric), Wood Burning Fireplace
Floor Coverings
Carpet, Laminate Wood, Linoleum, Real Hardwood, Tile
Security
Yes
Security Description
Monitored cameras, door and window indicators
Half Baths
2
Master Suite(s)
Inquire
Energy Efficiency
Double pane-low emissivity windows, Programmable thermostat, Skylights
Year built
1976
Outdoor Features
Deck, Fenced/Gated Yard, Inground Pool, Inground Spa, Porch - Not screened, Sprinkler System, Walk Out Balcony
View
Other
Backyard Exposure
East
Lot Size
0.5613 ACRES = 24,450 SF - CORNER LOT - 125' X 163'
Community Features
Tax Amount/Year
$12,980
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Mandatory HOA
Inquire
Home Legally Sleeps:
0
Onsite Parking
Circle drive 4+, Alley 4+ , Garage 3, Corner street parking on two sides
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
Yes, Owner must file Short Term Rental Application with the City of Castle Hills. Annual Fee is $250. See link to Zoning Ordinance below. https://library.municode.com/tx/castle_hills/codes/code_of_ordinances?nodeId=COOR_CH50ZO_ARTVSHRMRE
Transferrable Permit or License
Yes, Transfers to new owner
Rental Tax Info
$0.07
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
No
Established Rental History
Inquire
Occupancy Rate
0
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Inquire
Managed By
Inquire
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
Property has never had any paid bookings on the home becase The home has been occupied as a primary residence
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
Inquire
Manager Cancellation Policy
 
  •  
Credit Card Fee
Inquire
Cleaning Fee
Inquire
Licesnes & Permits (Annual)
$250.00
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
$300.00
Pool & Spa Maintinence (Annual)
$2,400.00
Electricity (Annual)
$7,092.00
Water/Sewer (Annual)
$4,200.00
Cable/Interbet (Annual)
$1,800.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$12,979.94
Homeowner's Insurance (Annual)
$6,250.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
Inquire
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
Closing costs
Home Inspection
Furniture & Interiors Package
Rehab Work Estimates
Other
Total Capital Investment

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Income
Average Nightly Rent

Weekly Rent

Potential Annual Rent

Weeks Rented (of 52)

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Effective Gross Rent

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Management Rental Commission (%)

Management Rental Commission Annually ($)

Credit Card Fee (%)

Credit Card Fee Annually ($)

Cleaning Fee ($ per rented wk)

Cleaning Fees Annually

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Booking Site Service Fees ($)

Management Fee ($ per mo)

Management Fee Annually

Additonal Nightly Insurance Policy ($ per night)

Additonal Nightly Insurance Policy Annually

Sales, Bed, Resort, Tourist Tax (%)

Sales, Bed, Resort, Tourist Tax Annually ($)

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Fixed Expenses (Annual)
Annual Permits/Licences

Advertising & Tech Costs

Yard and Pest Control

Pool Maintenance

Electricity

Water/Sewer

Cable/Internet

Accounting

Property Taxes

Homeowner's Insurance

Short Term Rental Insurance Rider

CDD fee

Annual Homeowners Association Dues

Additional Membership Fees

Maintenance Reserves/Supplies

Other

Fixed & Variable Expenses

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Loan
Down Payment (%)

Down Payment (Capital Investment)

Loan Amount

Interest Rate

Amortization (Loan Years)

Monthly Payment

Annual Debt Service

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Returns
Average Monthly Cash Flow

Annual Cash Flow

Cash-on-Cash Return

Annual Occupancy to Break Even

Break-Even Occupancy (Weeks)

Net Operating Income (NOI)

Cap Rate (ROI)

RECALCULATE

User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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Listing Source: All City Real Estate, 512-567-0491

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