SoJo Crossing Townhomes coming to Pearl area

With almost all of the East Quincy Townhomes under contract the demand for more for-sale inventory heats up in Midtown. Steve Yndo will be building more inventory with his new project, SoJo Crossing Townhomes. I’d be happy to assist anyone interested in purchasing one.

More for-sale product near Pearl

|
SOJO Crossing

In an effort to infuse the River North area with for-sale product, a relatively new developer soon will break ground on SoJo Crossing, 27 three-story townhomes in the area across the San Antonio River from the Pearl.

Located on the southeast corner of Myrtle Street and East Euclid Avenue, the townhomes are being developed by SoJo Urban Development, a group that includes prominent developer Steve Yndo.

“We need for-sale housing in the area, so our hope is that the area between the river and St. Mary’s Street is more of a for-sale market,” Yndo said.

The area could be quieter than the bustling stretch of apartments along Broadway, but with just as much access to the Museum Reach stretch of the river, Yndo said. Units start at $400,000 and range from 1,600 square feet to nearly 2,200 square feet.

Designed by Alamo Architects, the $14 million SoJo Crossing is expected to break ground in March and be completed in spring 2016. The group’s first project was the nearby 25-unit East Quincy Townhomes by the River, which is scheduled for completion early next year. It is 92 percent sold.

Link to the article is here.

NEW LISTING – 2234 Blackoak Bend 78248 – $340,000

2234 Blackoak Bend 78248 - Oakwood

2234 Blackoak Bend 78248 – Oakwood

Immaculate one story in Oakwood. Pride of ownership shows the moment you open the door. Hickory floors, custom dining room cabinetry, recently updated windows, & plantation shutters are a few of the features of this meticulously maintained 4 bedroom & 2 bath home. Outside you’ll enjoy an expansive redwood deck with overhead trellis, flagstone patio, walkways, & space for a built-in grill. The neighborhood pool, playground, & clubhouse are around the corner. **Sellers offering $3000 Personalizing Allowance**

NEW LISTING – 112 Mission St 78210 – $269,000

112 Mission St. 78210 - King William Historic District

112 Mission St. 78210 – King William Historic District

 

Wonderfully maintained bungalow in the heart of King William. This home features two bedrooms, one and a half baths, central heat and air, off-street parking, and a private courtyard. Centrally located in King William with easy access to all that Southtown has to offer. Price includes front loading washer & dryer, all attached light fixtures, and refrigerator. The property has C2 zoning and can be used for a business or remain as a single family home. Also included is a small sign easement on S. Alamo.  **Click on the photo for more information and photos.**

NEW LISTING – 11906 Sandman 78216 – $144,700

11906 Sandman 78216 - Enchanted Village Condos

11906 Sandman 78216 – Enchanted Village Condos

 

Enchanted Village condo with contemporary flair. The owners of this corner unit have recently upgraded all the windows, bathrooms, lighting, & improved insulation. Price includes front loading washer & dryer, refrigerator, & microwave. Master suite upstairs with two additional bedrooms and bath. Large downstairs room (currently artist studio) can easily serve as study, bedroom, or second living room. Private two car garage and enclosed courtyard. Community pool and clubhouse. Centrally located near Hwy 281. **Click on the photo for more listing information and photos.**

NEW LISTING – 339 Carnahan 78209 – $285,000

339 Carnahan 78209 - Mahncke Park

339 Carnahan 78209 – Mahncke Park

 

Wonderfully updated bungalow in a prime Mahncke Park location. This home features two bedrooms, one and a half baths, and a study. Foundation and roof replaced in 2013. Current owner renovated in 2014 to include a new kitchen, updated electrical, new half bath, study, and walk-in closet in the master. This is an impressive home providing all the modern amenities while retaining its historic details and charm. Nice landscaping and a full length front porch provide great curb appeal. Make this your new home.  **Click on the photo for more listing information and photos.**

April’s Days on Market Dips to 71

This month’s San Antonio Real Estate Newsline posted this story on the status of our market.

According to the April 2014 Multiple Listing Service report by the San Antonio Board of REALTORS® (SABOR), April had the lowest days on market since last summer, with 71 days, a 15 percent drop from April 2013. Total sales for the month climbed seven percent from last year to 2,133 and the month ended with 2,103 pending sales. The month reported just 4.5 months of inventory available.

“Year-to-date our total sales increased five percent to 6,826,” said Missy Stagers, SABOR’s 2014 Chairman of the Board. “We continue to see record numbers of homes listed and sold all over the city, and such low days on market indicate how quickly many homes are moving.”

According to Texas Association of REALTORS®’ Texas Quarterly Housing Report, 55,322 single-family homes were sold in Texas in the first quarter of 2014, which is 1.92 percent more than the same quarter of 2013. During the same time frame, the median price for Texas homes was $172,900, up 9.43 percent from the first quarter in 2013, and the average price increased 10.42 percent to $225,337.

San Antonio continues to be an affordable Texas city. Year-to-date San Antonio’s median price of a home sold was $170,900, a seven percent increase from April 2013 and lower than the median for the rest of Texas. The average price was $206,492, a six percent year over year increase.

“We had more new listings in April 2014 than we’ve had since April 2010,” said Angela Shields, SABOR’s President and CEO. “Mortgage rates remain low and with many families moving during the summer, we expect to see sales figures pick up even more.”