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Foreclosure, Short Sale Homes for Sale

Foreclosures in San Antonio Tx - Bank Owned HomesBuying a foreclosed property seems like a good idea, but you have to know the right properties available in San Antonio. From Beacon Hill to Alamo Heights, multiple new properties have been spotted on the market that are in foreclosure or completely owned by a lender. When looking for foreclosures in San Antonio, it's best to start with a real estate agent who knows which properties are the best finds on the market.

Foreclosure Listings for Sale in the San Antonio Area March 19, 2024
95
Listed
77
Avg. DOM
$165.08
Avg. $ / Sq.Ft.
$350,000
Med. List Price
95 Properties
Page 1 of 8
$1,400,000
Neighborhood: Elm Creek
5
Beds
4F11/2
Baths
6,131
Sq.Ft.
1983
Year Built
77
Days on Site
1740158
MLS
$670,000
Neighborhood: Coronado
4
Beds
4
Baths
3,465
Sq.Ft.
2015
Year Built
163
Days on Site
1725363
MLS
$650,000
Neighborhood: Eagles Peak Ranch
4
Beds
2F11/2
Baths
2,818
Sq.Ft.
2022
Year Built
64
Days on Site
1697309
MLS
$649,900
Neighborhood: Lavaca
3
Beds
3F11/2
Baths
1,998
Sq.Ft.
2020
Year Built
203
Days on Site
1715381
MLS
$619,900
Neighborhood: Mesa @ Turning Stone - Guadalu
5
Beds
4F11/2
Baths
4,005
Sq.Ft.
2014
Year Built
96
Days on Site
1739458
MLS
$575,000
Neighborhood: Monte Vista
4
Beds
3
Baths
3,064
Sq.Ft.
1927
Year Built
96
Days on Site
1739318
MLS
$574,000
Neighborhood: Veramendi
4
Beds
3
Baths
2,525
Sq.Ft.
2023
Year Built
45
Days on Site
1749377
MLS
$523,443
Neighborhood: Veramendi
3
Beds
2F11/2
Baths
2,114
Sq.Ft.
2024
Year Built
5
Days on Site
1758916
MLS
$515,000
Neighborhood: West Pointe Gardens
4
Beds
3
Baths
3,149
Sq.Ft.
2016
Year Built
17
Days on Site
1755701
MLS
$499,990
Neighborhood: Veramendi
4
Beds
3F11/2
Baths
2,926
Sq.Ft.
2023
Year Built
274
Days on Site
1697141
MLS
$499,385
Neighborhood: Riverstone At Westpointe
5
Beds
3F11/2
Baths
2,861
Sq.Ft.
2024
Year Built
29
Days on Site
1752975
MLS
$474,500
Neighborhood: Lackland Terrace
7
Beds
3
Baths
2,369
Sq.Ft.
1962
Year Built
270
Days on Site
1660968
MLS

Some of the distressed properties in the city and surrounding areas may not offer the best closing price, and if you're working alone with banks, it's not always going to be an easy sell. Real estate agents, however, know which properties are brilliant treasures and which ones will require more repairs. In either case, it leads to a lower cost overall for home buyers who want to find the right property for less.

How to Find Foreclosed Properties

In San Antonio, home buyers should first look at lenders in the area that have a list of foreclosed properties. Real estate agents already have a list of viable and beautiful foreclosed properties or short sale residences. Much of these properties will have REO listed in the information, which means real estate owned. This just means that the lender is ready to sell. Once you've met with an agent, it's best to look at a few foreclosed properties then schedule a meeting with the lender. For this area, both homes and condos are listed in the foreclosure database so you'll have to filter by where you want to live and property size, as well as type of house.

What's Inside Foreclosed Properties in South Central Texas

Much of the foreclosures found in this area are high end, luxury properties that were taken back by the lender in the past few years. There are also some older homes around Monte Vista as well as properties in prestigious areas like Dominion and Alamo Heights. These homes are high quality structures, built with special features and modern conveniences, as well as luxury elements. Many of the properties feature granite counter tops, high ceilings, exquisite archways and well-maintained landscapes. Real estate agents may know which houses and condos will actually hold their worth more than others.