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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 May 21, 2024
107
Listed
60
Avg. DOM
$162.51
Avg. $ / Sq.Ft.
$335,500
Med. List Price
107 Properties
Page 1 of 9
$1,350,000
Neighborhood: Elm Creek
5
Beds
4F11/2
Baths
6,131
Sq.Ft.
1983
Year Built
140
Days on Site
1740158
MLS
$945,000
Neighborhood: Vintage Oaks At The Vineyard
4
Beds
4
Baths
4,172
Sq.Ft.
2016
Year Built
41
Days on Site
1765844
MLS
$830,000
Neighborhood: Northwood
6
Beds
4F21/2
Baths
5,827
Sq.Ft.
1975
Year Built
4
Days on Site
1776420
MLS
$649,995
Neighborhood: Coronado
4
Beds
4
Baths
3,465
Sq.Ft.
2015
Year Built
226
Days on Site
1725363
MLS
$649,900
Neighborhood: Lavaca
3
Beds
3F11/2
Baths
1,998
Sq.Ft.
2020
Year Built
266
Days on Site
1715381
MLS
$625,000
Neighborhood: Eagles Peak Ranch
4
Beds
2F11/2
Baths
2,818
Sq.Ft.
2022
Year Built
127
Days on Site
1697309
MLS
$595,000
Neighborhood: Fossil Springs Ranch
4
Beds
3F11/2
Baths
3,762
Sq.Ft.
1999
Year Built
13
Days on Site
1773759
MLS
$575,800
Neighborhood: Veramendi
4
Beds
3
Baths
2,525
Sq.Ft.
2023
Year Built
108
Days on Site
1749377
MLS
$574,999
Neighborhood: S Durango/Probandt
3
Beds
2F11/2
Baths
3,617
Sq.Ft.
1942
Year Built
12
Days on Site
1774281
MLS
$565,000
Neighborhood: Woodlands
3
Beds
2
Baths
1,878
Sq.Ft.
2021
Year Built
3
Days on Site
1776533
MLS
$499,990
Neighborhood: Veramendi
4
Beds
3F11/2
Baths
2,926
Sq.Ft.
2023
Year Built
337
Days on Site
1697141
MLS
$499,000
Neighborhood: West Pointe Gardens
4
Beds
3
Baths
3,149
Sq.Ft.
2016
Year Built
80
Days on Site
1755701
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.