610 Barbe, San Antonio

Great flip

Impeccably renovated 1913 Home in the historic King William District. Professionally designed from floor to ceiling with bold colors and rich details. Beautifully restored original hardwood floors, millwork, coffered ceiling detail and built in cabinetry. Major upgrades and recent improvements include all new electrical, plumbing, HVAC, duct work, insulation, subfloor and reinforced floor joists. Kitchen boasts masculine features such as black stainless-steel appliances, deep blue custom cabinetry and copper wall range hood and farmhouse sink. Ceramic tile flooring, subway tile backsplash and luxury quartz countertops. Master bathroom includes a 4×6 Roman shower, double vanity and water closet. No detail was left unturned and every finish thoughtfully selected. This home presents an exceptional blend of original and brand-new materials. The downtown skyline and Tower of the Americas can be seen from the oversized front porch. Located just steps away from St. Mary’s St, restaurants, local shops, and all downtown attractions!

In 2019, New Western agent Gabriel Esparza found a house for sale in San Antonio, TX. It was an MLS listing located downtown and two things instantly caught his eye: inventory in the surrounding neighborhood was scarce and the foundation was in tolerance

It was an inherited property and the seller wanted to move quickly, which is exactly what Gabriel did. Within the first day of being on the market, he had the home on 610 Barbe inspected and an offer submitted that evening.

What made the investment even more worthwhile was the historic features within the house itself. The craftsmanship throughout the property was impressive and deserved to be restored. But historical homes come with their own set of issues—namely, the permit process.

Renovating a historic home is not for the faint of heart. In addition to potential layers of previous repairs over the decades to content with, investors may be forced to deal with layers of bureaucratic red tape to get the proper permits. And this doesn’t even begin to address the potential challenges of having to meet current codes in an old structure.

Gabriel helped Macario secure the property for $225,000. He even helped Macario develop an updated floor plan and work through all the requirements a historic home demands. But at the end of the day, it was Macario’s responsibility to make the investment pay off.

And pay off it did.

Property Specifications:

Year Built: 1913
Purchase Price: $227,900
Estimated CMA: $385,000
Investor Rehab: $100,000
Sold: $465,000
Days on Market: 13

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