04/06/2026
SUB-TO INVESTMENT DEAL (San Antonio, TX)
11514 Luckey Ledge, San Antonio, TX 78252
Year Built: 2013
Loan Type: Subject-To Existing Financing
Interest Rate: 3.825%
Monthly PITI Payment: $1,744.35/month
Total Mortgage Payoff (incl. reinstatement): $171,716.20 (minus HOA fees)
💰 TERMS
Buyer Pays: Reinstatement + Assignment + any HOA lien balance + Assignment
⚠️ REINSTATEMENT / LIENS
Reinstatement Amount: $19,958.10
HOA Lien: $3,484.26
HOA Dues: approx. $500/year, seller missed 2 years
USDA Lien: $7,645.68
• From loan modification
• Does NOT need to be paid at closing
Insurance Claim Credit: possible up to $11,792
• Already paid to lender escrow
• Is paid out upon proof of completed work or a cash sale
🛠️ CONDITION / REHAB
Light Rehab Needed:
• Flooring
• Paint + trim
• Drywall repair (after plumbing damage)
• Cabinet repair
• Clean-out
Major Systems:
• Roof: year unknown
• Foundation: good
• Electrical: good
• Plumbing: repaired
• HVAC: replaced recently
📅 OCCUPANCY
Currently VACANT. Needs clean-out and cleaning
📌 QUICK SUMMARY
Low-rate Sub-To deal in San Antonio with a 3.825% loan and $1,744/mo payment. Needs cosmetic rehab + cleanout. Buyer takes over existing financing and pays reinstatement + assignment.
Msg us for more info.