924 Morningside, Terrell Hills, TX 78209
Local realty services provided by:ERA Brokers Consolidated
924 Morningside,Terrell Hills, TX 78209
$319,000
- 3 Beds
- 2 Baths
- 2,560 sq. ft.
- Single family
- Active
Listed by: nacole ricks
Office: exp realty
MLS#:2030106
Source:LERA
Price summary
- Price:$319,000
- Price per sq. ft.:$124.61
About this home
TERRELL HILLS | EXCEPTIONAL LUXURY RENOVATION OPPORTUNITY - $319,900 Acquisition | $880,000+ Projected ARV | 0.40 Acre Lot - An established address. A substantial value-add opportunity. A compelling investment basis. Positioned in the highly sought-after Terrell Hills community, 924 Morningside Drive presents an exceptional opportunity to acquire and transform a mid-century residence into a premier luxury home in the desirable 78209 market. Set on an expansive 0.397-acre lot beneath mature trees, this single-story, 2,560-square-foot residence offers the footprint, land, and location for a remarkable transformation. The proposed renovation and expansion increase the residence to approximately 2,894 square feet, featuring 4 bedrooms, 3 bathrooms, a private office, and thoughtfully reconfigured living spaces designed for today's luxury buyer. An extended two-car garage, newer roof, and generous outdoor space further complement the property's potential. Offered at $319,900 with an estimated renovation budget of $330,000 and a projected after-repair value of $880,000+, the combined acquisition and renovation cost of $649,900 represents approximately 74% of projected ARV, with a projected gross spread of $230,100 before additional expenses. Nearby comparable sales range from $775,000 to $795,000, with the only fully renovated property among the three selected comparables achieving a reported $365.43 per square foot. In comparison, the projected $880,000 resale value for 924 Morningside represents approximately $304.08 per square foot, providing a meaningful reference point for the proposed luxury renovation. The opportunity extends beyond renovating a residence. It is the ability to create a distinguished luxury home in one of San Antonio's most desirable residential communities, with a compelling acquisition price and substantial resale potential. A comprehensive eight-page investor package featuring existing and proposed floor plans, conceptual renderings, interior design concepts, comparable sales, and investment projections is available for review. Request the complete investment package and schedule your private property tour....
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Home facts
- Year built:1953
- Subdivision & Development:TERRELL HILLS
- Listing ID #:2030106
- Added:1 day(s) ago
- Updated:November 12, 2026 at 09:30 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Ceramic Tile, Linoleum, Wood
- Dining Description:Living Room/Dining Room Combo, Separate Dining Room
- Bathrooms Description:Single Vanity, Tub/Shower Combo
- Kitchen Description:Disposal, Eat-In Kitchen, Ice Maker Connection, Smooth Cooktop, Solid Counter Tops, Stove/Range, Vent Fan, Walk-In Pantry
- Bedroom Description:All Bedrooms Downstairs, Ceiling Fan, Master Bedroom Downstairs, Multi-Closets, Walk-In Closets
- Living area:2,560 sq. ft.
Heating and cooling
- Cooling:One Central
- Heating:Central, Electric
Structure and exterior
- Roof:Composition
- Year built:1953
- Building area:2,560 sq. ft.
- Lot area:0.4 Acres
- Lot Features:1/4 - 1/2 Acre
- Architectural Style:One Story
- Construction Materials:Brick
- Exterior Features:Chain Link Fence, Covered Patio, Has Gutters, Mature Trees, Privacy Fence, Stone/Masonry Fence, Storage Building/Shed
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Macarthur
- Middle school:Garner
- Elementary school:Wilshire
Utilities
- Water:City, Water System
- Sewer:City, Sewer System
Finances and disclosures
- Price:$319,000
- Price per sq. ft.:$124.61
- Tax amount:$10,994 (2025)
Features and amenities
- Laundry features:Dryer Connection, Laundry Main Level, Laundry Room, Washer Connection
- Amenities:Attic - Storage Only, Ceiling Fans, Chandelier, City Garbage Service, Florida Room, Gas Water Heater, High Speed Internet, Smoke Alarm, Utility Room Inside
Parking
- Parking description:Two Car Garage
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