4610 Legacy Trl · San Antonio, TX 78073

$189,999

3 bd · 2.0 ba · 1,474 sqft · SingleFamily · 65 Days on market

Built 2024 Excellent condition 4,791 sqft lot $129/sqft · 8% below area Est $206k · 8% under $92/mo HOA · 5% of rent ↓ 13% 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 +16.6/30.0
• ARV discount +11.1/15.0
• Appreciation +6.3/10.0
• DSCR +5.2/10.0
• Condition / age +5.0/5.0
• Livability +4.0/5.0
• 1% rule +3.9/10.0
• Rent growth +2.5/5.0
• Schools +2.2/10.0

Listing remarks MLS

The Newlin - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner's suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home. Prices and features may vary and are subject to change. Photos are for illustrative purposes only.

Key facts

• Walk-in closet
• Open floorplan
• En-suite bathroom

Tags

• OPEN FLOORPLAN
• OWNER'S SUITE
• EN-SUITE BATHROOM
• WALK-IN CLOSET

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $190k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $115 ($1k/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 $168k (11.4% below list).
• Recommended offer: $168k (11.4% below list) — sets the bar for 1% rule.
• Cap rate 7.0% 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.
• Southwest ISD (rural): math 21% / reading 31% proficiency, ranked #701 of 826 in TX (top 85%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 75% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 323 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 $6k of equity ($1k loan paydown + $5k appreciation (2.6% local appreciation)).
• Bexar County population projected at +50% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (2.6% appreciation + 3.0% rent growth), your $53k cash investment doubles in ~6 years — after that, you're playing with house money.
• By year 6, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 65 days — a 6% lower offer ($179k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $28k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $168,402 (11.4% below list)

Questions for the listing agent

1. It's been on market 65 days. Have you received any prior offers? Is the seller open to a 11% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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: 0.89% ✗
• Cap rate: 7.02%
• Cash-on-cash: 2.60%
• DSCR: 1.12
• GRM: 9.4

CMA / ARV

• ARV (median comp): $206,499
• List price: $189,999
• Delta: -7.99%
• 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
4610 Legacy Trl	0.00mi	3/2.0	1,474 (0%)	1mo	$189,999	$129	99
4619 Legacy Trl	0.03mi	3/2.0	1,474 (0%)	1mo	$186,999	$127	98
4627 Legacy Trl	0.05mi	3/2.0	1,474 (0%)	2mo	$191,999	$130	96
4611 Legacy Trl	0.03mi	3/2.0	1,260 (-14%)	0mo	$174,999	$139	74
4614 Legacy Trl	0.01mi	3/2.0	1,260 (-14%)	2mo	$179,999	$143	74
4623 Legacy Trl	0.04mi	3/2.0	1,260 (-14%)	2mo	$180,999	$144	72
4615 Legacy Trl	0.03mi	4/2.0 (+1)	1,667 (+13%)	1mo	$214,999	$129	71
4606 Legacy Trl	0.06mi	4/2.0 (+1)	1,667 (+13%)	1mo	$207,999	$125	70
4639 Legacy Trl	0.07mi	4/2.0 (+1)	1,667 (+13%)	2mo	$200,999	$121	68
4703 Legacy Trl	0.09mi	4/2.0 (+1)	1,667 (+13%)	1mo	$199,999	$120	68
12922 Jeopardy Ave	0.45mi	3/2.0	1,604 (+9%)	2mo	$244,684	$153	63
4819 Maiz Vly	0.74mi	4/2.0 (+1)	1,687 (+14%)	0mo	$299,990	$178	36

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

Projected returns pro-forma

2.6% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 8.8%
• Equity multiple: 1.49×
• Total profit: $26,206
• Equity at exit: $81,196

10-year hold

• IRR: 11.5%
• Equity multiple: 2.65×
• Total profit: $88,027
• Equity at exit: $121,935

Cash invested: $53,200 (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 78073

• Home prices YoY: 0.9%
• Active inventory: 323
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $1,684 high
• Mortgage (P&I): −$996
• Tax from tax record: −$48 /mo · $572/yr
• Insurance: −$79
• HOA: −$92
• Vacancy / Maint / Mgmt: −$354
• Net cashflow: $115

Break-even live

Break-even rent $1,538

Max offer price $189,999

Occupancy floor 88%

Sensitivity live

Price	-10% $223	-5% $169	+0% $115	+5% $61	+10% $8
Rent	-10% $-18	-5% $49	+0% $115	+5% $182	+10% $248
Rate	-1.0pp $211	-0.5pp $163	base $115	+0.5pp $66	+1.0pp $16

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: $47,500
• Closing costs: $5,700
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4606 Legacy Trl Von Ormy, TX	4.0	2.0	1668	$1,695	$1.02	5d	1	0.00mi
4839 Legacy Pt Von Ormy, TX	4.0	2.0	1668	$1,795	$1.08	23d	1	0.30mi
13139 Watson Rd Von Ormy, TX	1.0–4.0	1.0–2.0	1017	$1,617	$1.59	4d	1	0.58mi
12955 Fischer Rd Von Ormy, TX	1.0–4.0	1.0–2.0	1056	$1,357	$1.28	25d	1	0.78mi
11835 Adoring Way Von Ormy, TX	4.0	2.0	1600	$1,800	$1.12	45d	1	1.42mi
11815 Adoring Way Von Ormy, TX	4.0	2.0	1600	$1,750	$1.09	45d	1	1.45mi
6002 Sliding Way Von Ormy, TX	3.0	2.0	1402	$1,425	$1.02	25d	1	1.49mi

HOA detail

• Monthly dues: $92 · $1,104/yr

Listing history 14 events

1. 2026-05-07
   status Pending 438-char remark

   Show marketing remark (438 chars)

   The Newlin - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner's suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home. Prices and features may vary and are subject to change. Photos are for illustrative purposes only.

2. 2026-05-01
   price $189,999 438-char remark

   Show marketing remark (438 chars)

   The Newlin - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner's suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home. Prices and features may vary and are subject to change. Photos are for illustrative purposes only.

3. 2026-04-30
   price $209,999 438-char remark

   Show marketing remark (438 chars)

   The Newlin - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner's suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home. Prices and features may vary and are subject to change. Photos are for illustrative purposes only.

4. 2026-04-29
   status Back on Market 438-char remark

   Show marketing remark (438 chars)

   The Newlin - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner's suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home. Prices and features may vary and are subject to change. Photos are for illustrative purposes only.

5. 2026-04-10
   status Pending 438-char remark

   Show marketing remark (438 chars)

   The Newlin - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner's suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home. Prices and features may vary and are subject to change. Photos are for illustrative purposes only.

6. 2026-04-09
   price $189,999 438-char remark

   Show marketing remark (438 chars)

   The Newlin - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner's suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home. Prices and features may vary and are subject to change. Photos are for illustrative purposes only.

7. 2026-04-08
   status Back on Market 438-char remark

   Show marketing remark (438 chars)

   The Newlin - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner's suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home. Prices and features may vary and are subject to change. Photos are for illustrative purposes only.

8. 2026-03-04
   status Pending 438-char remark

   Show marketing remark (438 chars)

   The Newlin - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner's suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home. Prices and features may vary and are subject to change. Photos are for illustrative purposes only.

9. 2026-02-24
   price $214,999 438-char remark

   Show marketing remark (438 chars)

   The Newlin - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner's suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home. Prices and features may vary and are subject to change. Photos are for illustrative purposes only.

10. 2026-02-17
    price $194,999 438-char remark

    Show marketing remark (438 chars)

    The Newlin - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner's suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home. Prices and features may vary and are subject to change. Photos are for illustrative purposes only.

11. 2026-02-04
    price $199,999 438-char remark

    Show marketing remark (438 chars)

    The Newlin - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner's suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home. Prices and features may vary and are subject to change. Photos are for illustrative purposes only.

12. 2026-02-04
    price $198,999 438-char remark

    Show marketing remark (438 chars)

    The Newlin - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner's suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home. Prices and features may vary and are subject to change. Photos are for illustrative purposes only.

13. 2026-01-21
    price $212,999 438-char remark

    Show marketing remark (438 chars)

    The Newlin - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner's suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home. Prices and features may vary and are subject to change. Photos are for illustrative purposes only.

14. 2026-01-07
    listed $217,999 New 438-char remark

    Show marketing remark (438 chars)

    The Newlin - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner's suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home. Prices and features may vary and are subject to change. Photos are for illustrative purposes only.

ⓘ 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: $572 · $48/mo
• Projected year-2 tax: $3,477 · $290/mo
• Expected delta: +$2,905/yr (+$242/mo · 507.7%)

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

Taxation est. · year 1

• Rental income: $20,208
• − Mortgage interest: −$10,643
• − Property taxes: −$572
• − Insurance: −$950
• − Repairs & maintenance: −$1,617
• − Management: −$1,617
• − HOA: −$1,104
• − Depreciation: −$5,527
• Taxable loss: −$1,821
• Est. tax savings @ 24.0%: +$437
• After-tax cash flow: $1,819/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.

Condition & rehab AI · 6 photos

Excellent 100/100 None rehab

This single-level home is in excellent condition with a spacious open floorplan and modern finishes. It is move-in ready and has the potential for further updates to increase its value.

Value-add opportunities

• Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics.
• Both Updating the flooring in the kitchen and bathrooms — Modern flooring can improve the overall look and feel of the home.
• Both Upgrading the kitchen appliances — Modern appliances can make the kitchen more functional and appealing to potential buyers/renters.
• Both Adding smart home features — Smart home features can increase the home's value and appeal to tech-savvy buyers/renters.
• Both Landscaping improvements — A well-maintained yard can enhance curb appeal and add value to the home.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics. ↑
• Both Updating the flooring in the kitchen and bathrooms — Modern flooring can improve the overall look and feel of the home. ↑
• Both Upgrading the kitchen appliances — Modern appliances can make the kitchen more functional and appealing to potential buyers/renters. ↑
• Both Adding smart home features — Smart home features can increase the home's value and appeal to tech-savvy buyers/renters. ↑
• Both Landscaping improvements — A well-maintained yard can enhance curb appeal and add value to the home. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Southwest ISD
• NCES district ID: 4840950
• Math proficiency: 21% ▼ -21.00%
• Reading proficiency: 31% ▼ -5.00%
• Median HH income: $43,362
• Composite: 22.22/100
• National rank: #8153
• State rank: #701 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
• City population: 1,806,925
• Population (ZIP): 9,510

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 (81%)
• Race & ethnicity: Hispanic / Latino 81% Two or more races 33% White 16%
• Hispanic origin (detail): Mexican 75%
• Foreign-born: 12% · Canada
• Languages at home: 51% English-only · Spanish 48% German/W. Germanic 1%

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: ▲ 2.60%
• Current HPI: 289.1266
• Rent YoY: —
• Metro: —
• 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

-12.8% since first listed

14 events — show timeline

• 2026-05-07 Pending — LERA
• 2026-05-01 Price Changed $189,999 LERA
• 2026-04-30 Price Changed $209,999 LERA
• 2026-04-29 Relisted — LERA
• 2026-04-10 Pending — LERA
• 2026-04-09 Price Changed $189,999 LERA
• 2026-04-08 Relisted — LERA
• 2026-03-04 Pending — LERA
• 2026-02-24 Price Changed $214,999 LERA
• 2026-02-17 Price Changed $194,999 LERA
• 2026-02-04 Price Changed $199,999 LERA
• 2026-02-04 Price Changed $198,999 LERA
• 2026-01-21 Price Changed $212,999 LERA
• 2026-01-07 Listed $217,999 LERA

Property tax history

+20.0%/yr

Latest (2025): $572 · +20.0% YoY. Source: county tax records.