702 W Malone · San Antonio, TX 78225

$110,000

2 bd · 1.0 ba · 696 sqft · SingleFamily public records · 153 Days on market

Built 1941 0.26 ac lot $158/sqft · at area comps Est $115k · at est. ↓ 21% since listing

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.2/30.0
• ARV discount +9.4/15.0
• Appreciation +6.9/10.0
• DSCR +4.7/10.0
• 1% rule +4.6/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.4/10.0

Listing remarks MLS

**Investment Opportunity**: This property is situated off IH35 South on Malone. It features a 2-bedroom, 1-bathroom layout, including a living room and a formal dining room, set on a corner lot. The property includes two driveways and a 1-car carport. Additionally, there is a screened-in porch and a 1-car garage, which offers a workshop or extra storage space. The large yard is enhanced by mature trees, providing ample shade. This diamond just needs some effort to restore its glory.

Key facts

• Two driveways
• Screened-in porch
• Large yard

Tags

• CORNER LOT
• TWO DRIVEWAYS
• SCREENED-IN PORCH
• WORKSHOP OR EXTRA STORAGE
• LARGE YARD
• MATURE TREES

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $38 ($454/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $105k (4.1% below list).
• Recommended offer: $97k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.7% vs local median 3.8% in San Antonio — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 80/100 on livability (#31 in TX, #1,616 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools C-, crime F.
• San Antonio ISD (urban): math 12% / reading 22% proficiency, ranked #805 of 826 in TX (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 80% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 36 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 8,308 units permitted in Bexar County in 2024 (2,506 in 5+ unit buildings).

Forward outlook

• In year one you build about $5k of equity ($761 loan paydown + $4k appreciation (3.8% local appreciation)).
• Bexar County population projected at +50% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (3.8% appreciation + 3.0% rent growth), your $31k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 7, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 153 days — a 12% lower offer ($97k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $30k (21%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1941 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $96,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 153 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1941 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.96% ✗
• Cap rate: 6.71%
• Cash-on-cash: 1.48%
• DSCR: 1.07
• GRM: 8.7

CMA / ARV

• ARV (median comp): $114,966
• List price: $110,000
• Delta: -4.32%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
702 W Malone	0.00mi	2/1.0	696 (0%)	1mo	$110,000	$158	99
1101 Prado St	0.39mi	2/1.0	690 (-1%)	14mo	$72,000	$104	69
815 Ripford St	0.45mi	2/1.0	728 (+5%)	15mo	$85,000	$117	59
617 Dewitt	0.59mi	2/1.0	748 (+8%)	3mo	$160,000	$214	58
343 Sims Ave	0.24mi	2/1.0	640 (-8%)	22mo	$60,000	$94	57
410 Weinberg Ave	0.60mi	2/1.0	720 (+3%)	11mo	$129,700	$180	57
214 Eskimo St	0.54mi	2/1.0	720 (+3%)	19mo	$75,000	$104	53
115 Chico Aly	0.42mi	2/1.0	740 (+6%)	22mo	$142,900	$193	52
203 Big Foot	0.75mi	2/2.0	714 (+3%)	10mo	$139,900	$196	49
724 Ripford	0.42mi	2/1.0	784 (+13%)	14mo	$89,000	$114	48
147 Walton	0.57mi	2/1.0	800 (+15%)	3mo	$219,999	$275	46
223 Lancaster St	0.70mi	2/1.0	592 (-15%)	2mo	$123,000	$208	41

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

3.81% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 11.1%
• Equity multiple: 1.66×
• Total profit: $20,473
• Equity at exit: $54,538

10-year hold

• IRR: 12.9%
• Equity multiple: 3.07×
• Total profit: $63,867
• Equity at exit: $88,231

Cash invested: $30,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 78225

• Home prices YoY: 1.5%
• Active inventory: 36
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,055 high
• Mortgage (P&I): −$577
• Tax from tax record: −$173 /mo · $2,074/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$222
• Net cashflow: $38

Break-even live

Break-even rent $1,007

Max offer price $110,000

Occupancy floor 91%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $27,500
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
416 Collingsworth Unit 2 San Antonio, TX	2.0	1.0	570	$1,100	$1.93	43d	1	0.19mi
520 Prado St Unit 1 San Antonio, TX	2.0	1.0	620	$799	$1.29	43d	1	0.19mi
815 Ripford St San Antonio, TX	2.0	1.0	728	$1,300	$1.79	4d	1	0.45mi
834 Division Ave San Antonio, TX	2.0	1.0	700	$1,050	$1.50	24d	1	0.59mi
107 Stanley Ct Apt 4 San Antonio, TX	1.0	1.0	375	$825	$2.20	4d	1	0.67mi
107 Stanley Ct Apt 3 San Antonio, TX	2.0	1.0	575	$950	$1.65	20d	1	0.67mi
103 Stanley Ct Unit 1 San Antonio, TX	1.0	1.0	450	$900	$2.00	20d	1	0.68mi
330 Barrett Pl San Antonio, TX	1.0	1.0	400	$900	$2.25	12d	1	0.73mi
350 Barrett Pl San Antonio, TX	2.0	1.0	616	$1,225	$1.99	4d	1	0.77mi
226 E Malone Ave San Antonio, TX	2.0	1.0	693	$1,100	$1.59	22d	1	0.78mi
165 Division Ave Unit 2 San Antonio, TX	1.0	1.0	617	$700	$1.13	22d	1	0.82mi
165 Division Ave Unit 2 San Antonio, TX	1.0	1.0	617	$725	$1.18	43d	1	0.82mi
1202 Division Ave San Antonio, TX	1.0	1.0	550	$1,100	$2.00	24d	1	0.84mi
1222 Brighton Ave Unit B San Antonio, TX	3.0	1.0	725	$999	$1.38	17d	1	1.03mi
2600 S Flores St San Antonio, TX	2.0	1.0	705	$900	$1.28	24d	3	1.05mi
131 Klein St #1 San Antonio, TX	2.0	1.0	653	$1,395	$2.14	44d	1	1.11mi
112 Oelkers San Antonio, TX	1.0	1.0	420	$1,100	$2.62	3d	1	1.15mi
112 Oelkers St Unit 2 San Antonio, TX	1.0	1.0	375	$950	$2.53	43d	1	1.15mi
323 W Mitchell St San Antonio, TX	1.0–2.0	1.0–2.0	788	$1,257	$1.59	3d	1	1.15mi
205 W Lambert St San Antonio, TX	2.0	1.0	550	$995	$1.81	17d	1	1.16mi
150 Bank St San Antonio, TX	1.0	1.0	700	$795	$1.14	43d	1	1.16mi
150 Bank St Unit C San Antonio, TX	1.0	1.0	600	$749	$1.25	20d	1	1.16mi
125 Forrest Ave San Antonio, TX	2.0	1.0	616	$1,275	$2.07	16d	1	1.23mi
1901 S San Marcos Unit 610 San Antonio, TX	1.0	1.0	750	$962	$1.28	3d	1	1.28mi
121 E Mitchell St San Antonio, TX	2.0	1.0	528	$850	$1.61	43d	1	1.29mi
128 Saint Francis Ave Unit 3 San Antonio, TX	1.0	1.0	528	$775	$1.47	24d	1	1.33mi
515 Humble Ave San Antonio, TX	1.0	1.0	700	$810	$1.16	43d	1	1.48mi

Listing history 7 events

1. 2026-03-25
   price $110,000 487-char remark

   Show marketing remark (487 chars)

   **Investment Opportunity**: This property is situated off IH35 South on Malone. It features a 2-bedroom, 1-bathroom layout, including a living room and a formal dining room, set on a corner lot. The property includes two driveways and a 1-car carport. Additionally, there is a screened-in porch and a 1-car garage, which offers a workshop or extra storage space. The large yard is enhanced by mature trees, providing ample shade. This diamond just needs some effort to restore its glory.

2. 2026-03-25
   status Back on Market 487-char remark

   Show marketing remark (487 chars)

   **Investment Opportunity**: This property is situated off IH35 South on Malone. It features a 2-bedroom, 1-bathroom layout, including a living room and a formal dining room, set on a corner lot. The property includes two driveways and a 1-car carport. Additionally, there is a screened-in porch and a 1-car garage, which offers a workshop or extra storage space. The large yard is enhanced by mature trees, providing ample shade. This diamond just needs some effort to restore its glory.

3. 2026-03-02
   status Pending 487-char remark

   Show marketing remark (487 chars)

   **Investment Opportunity**: This property is situated off IH35 South on Malone. It features a 2-bedroom, 1-bathroom layout, including a living room and a formal dining room, set on a corner lot. The property includes two driveways and a 1-car carport. Additionally, there is a screened-in porch and a 1-car garage, which offers a workshop or extra storage space. The large yard is enhanced by mature trees, providing ample shade. This diamond just needs some effort to restore its glory.

4. 2025-12-01
   listed $140,000 New 487-char remark

   Show marketing remark (487 chars)

   **Investment Opportunity**: This property is situated off IH35 South on Malone. It features a 2-bedroom, 1-bathroom layout, including a living room and a formal dining room, set on a corner lot. The property includes two driveways and a 1-car carport. Additionally, there is a screened-in porch and a 1-car garage, which offers a workshop or extra storage space. The large yard is enhanced by mature trees, providing ample shade. This diamond just needs some effort to restore its glory.

5. 2025-09-18
   soldstatus
6. 1998-06-29
   soldstatus
7. 1998-06-29
   soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $2,074 · $173/mo
• Projected year-2 tax: $2,074 · $173/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥109°F today · 21 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,660
• − Mortgage interest: −$6,162
• − Property taxes: −$2,074
• − Insurance: −$550
• − Repairs & maintenance: −$1,013
• − Management: −$1,013
• − Depreciation: −$3,200
• Taxable loss: −$1,352
• Est. tax savings @ 24.0%: +$325
• After-tax cash flow: $779/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: San Antonio ISD
• NCES district ID: 4838730
• Math proficiency: 12% ▼ -21.00%
• Reading proficiency: 22% ▼ -7.00%
• Median HH income: $30,952
• Composite: 13.57/100
• National rank: #9512
• State rank: #805 of 826 in TX

Livability — San Antonio

• Score: 80/100
• State rank: #31
• US rank: #1616

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment C Housing A+ Health & safety A+ User ratings D

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: San Antonio, TX
• County: Bexar County · 1,990,555 people
• City population: 1,806,925
• Metro: San Antonio-New Braunfels, TX
• Population (ZIP): 13,104
• Household income: $46,955
• Rent vs Own: 35.2% rent · 64.8% own
• Severe rent burden: 381.0

Population outlook (Bexar County) Hauer SSP2

• Today (2025): 2,336,851 people
• By 2030: 2,560,728 · +9.6%
• By 2040: 3,020,569 · +29.3%
• By 2050: 3,493,522 · +49.5%
• By 2075: 4,668,459 · +99.8%
• By 2100: 5,533,242 · +136.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (91%)
• Race & ethnicity: Hispanic / Latino 91% Two or more races 41% White 5% Black 4% Native American 3%
• Hispanic origin (detail): Mexican 85%
• Foreign-born: 13% · Canada
• Languages at home: 35% English-only · Spanish 65%

Political lean MEDSL · Bexar

• 2024 margin: Lean D (+9.8) · D 54.3% · R 44.6% · Other 1.1%
• 2008→2024 swing: +4.2pp toward D · 2008: 5.6pp · 2024: 9.8pp
• All cycles: 2024: D+9.8 2020: D+18.2 2016: D+13.5 2012: D+4.6 2008: D+5.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.81%
• Current HPI: 264.2018
• Rent YoY: —
• Metro: San Antonio-New Braunfels, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

-21.4% since first listed

7 events — show timeline

• 2026-03-25 Price Changed $110,000 LERA
• 2026-03-25 Relisted — LERA
• 2026-03-02 Pending — LERA
• 2025-12-01 Listed $140,000 LERA
• 2025-09-18 Sold (Public Records) — Public Records
• 1998-06-29 Sold (Public Records) — Public Records
• 1998-06-29 Sold (Public Records) — Public Records

Property tax history

+5.0%/yr

Latest (2025): $2,074 · +0.0% YoY. Source: county tax records.