Feb 07, 2015

Old St. Augustine Rd. Property

We discovered another property on Old St. Augustine Rd. It’s only $40k according to the listing and has a bit less stuff to clear than another property we found on San Jose. We contacted the listing agent Joe Perez for more info and he was pretty helpful with things.

The lot turned out to be about .27 acres with mostly brush and small trees. Great schools, low crime, no HOA/CDD fees and had access to most public utilities. Although it couldn't easily connect with Sewer so you'd have to have a septic tank. After some research that didn't become a deal breaker considering it's more normal than you think.

A bit worried about the house prices in the area though. Our initial budget would be outspending for the neighborhood and that could lead to appraisal issues in the future.

Posted in Land stage