Plan 1243 Modeled Plan · San Antonio, TX 78073

$185,995

3 bd · 2.0 ba · 1,243 sqft · SingleFamily · 304 Days on market

Good condition

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Why this score? — see what drove the D- 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).

• ARV discount +7.5/15.0
• Cash flow +6.4/30.0
• Appreciation +6.3/10.0
• Livability +4.0/5.0
• Condition / age +4.0/5.0
• Rent growth +2.5/5.0
• Schools +2.2/10.0
• 1% rule +1.6/10.0
• DSCR +0.7/10.0

Listing remarks MLS

* Walk-in closet at primary bedroom * Polyester textured carpeting * LED lighting * Dual-sink vanity at primary bath * 42-in. garden tub/shower combination at primary bath * Low-E windows * Front porch * Split-bedroom layout * Eat-in kitchen * 5-panel interior doors * Smart thermostat * ENERGY STAR® certified home * Swimming pool * Playground * Near local schools * Commuter-friendly location * Close to popular restaurants * Outdoor recreation nearby

Key facts

• Walk-in closet
• Low-e windows
• Front porch

Tags

• WALK-IN CLOSET
• DUAL-SINK VANITY
• 42-IN GARDEN TUB
• LOW-E WINDOWS
• FRONT PORCH
• EAT-IN KITCHEN

🏗️ New construction. The $185,995 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $229,692.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $186k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-395 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $173k (7.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $151k (18.8% below list).
• Recommended offer: $151k (18.8% below list) — sets the bar for 1% rule.

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; 2 comparable units currently listed for rent nearby; 8,308 units permitted in Bexar County in 2024 (2,506 in 5+ unit buildings).

Forward outlook

• In year one you build about $8k of equity ($2k loan paydown + $6k appreciation (2.6% local appreciation)).
• Bexar County population projected at +50% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 5, 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 304 days — a 12% lower offer ($164k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $150,937 (18.8% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 304 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. 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.
8. 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.
9. 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: 0.66% ✗
• Cap rate: 4.23%
• Cash-on-cash: -7.37%
• DSCR: 0.67
• GRM: 12.7

CMA / ARV

• ARV (median comp): $229,692
• List price: $185,995
• Delta: -19.89%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
12926 Bone Dry Ln	0.29mi	3/2.0	1,245 (+0%)	2mo	$182,931	$147	85
12931 Bone Dry Ln	0.26mi	3/2.0	1,242 (-0%)	6mo	$216,009	$174	83
12914 Bone Dry Ln	0.31mi	3/2.0	1,245 (+0%)	6mo	$193,727	$156	80
4614 Legacy Trl	0.51mi	3/2.0	1,260 (+1%)	2mo	$179,999	$143	72
4611 Legacy Trl	0.55mi	3/2.0	1,260 (+1%)	0mo	$174,999	$139	72
4603 Legacy Pt	0.49mi	3/2.0	1,260 (+1%)	4mo	$208,999	$166	71
4623 Legacy Trl	0.54mi	3/2.0	1,260 (+1%)	2mo	$180,999	$144	71
4635 Legacy Trl	0.54mi	3/2.0	1,260 (+1%)	3mo	$188,999	$150	70
4630 Legacy Trl	0.51mi	3/2.0	1,260 (+1%)	5mo	$204,999	$163	70
4702 Legacy Trl	0.51mi	3/2.0	1,260 (+1%)	5mo	$191,999	$152	69
12907 Jeopardy Ave	0.20mi	2/2.5 (-1)	1,389 (+12%)	4mo	$203,898	$147	61
12930 Bone Dry Ln	0.29mi	3/2.5	1,389 (+12%)	5mo	$197,125	$142	61

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: -0.6%
• Equity multiple: 0.96×
• Total profit: $-2,275
• Equity at exit: $98,159

10-year hold

• IRR: 3.5%
• Equity multiple: 1.52×
• Total profit: $33,304
• Equity at exit: $147,408

Cash invested: $64,314 (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: 10.3×

Monthly cashflow live

• Estimated rent: $1,509 medium
• Mortgage (P&I): −$1,205
• Tax est. 1.5%: −$287 /mo · $3,445/yr
• Insurance: −$96
• HOA: −$0
• Vacancy / Maint / Mgmt: −$317
• Net cashflow: $-395

Break-even live

Break-even rent $2,009

Max offer price $172,542

Occupancy floor —

Sensitivity live

Price	-10% $-236	-5% $-316	+0% $-395	+5% $-474	+10% $-554
Rent	-10% $-514	-5% $-455	+0% $-395	+5% $-335	+10% $-276
Rate	-1.0pp $-279	-0.5pp $-337	base $-395	+0.5pp $-454	+1.0pp $-515

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: $57,423
• Closing costs: $6,891
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13139 Watson Rd Von Ormy, TX	1.0–4.0	1.0–2.0	1017	$1,617	$1.59	3d	1	0.40mi
12955 Fischer Rd Von Ormy, TX	1.0–4.0	1.0–2.0	1056	$1,357	$1.28	25d	1	0.59mi

Listing history 24 events

1. 2026-06-21
   pricedays on market $185,995 Active 304 DOM
2. 2026-06-18
   days on market $183,995 Active 301 DOM
3. 2026-06-17
   days on market $183,995 Active 300 DOM
4. 2026-06-16
   days on market $183,995 Active 299 DOM
5. 2026-06-15
   days on market $183,995 Active 298 DOM
6. 2026-06-13
   days on market $183,995 Active 296 DOM
7. 2026-06-09
   days on market $183,995 Active 292 DOM
8. 2026-06-08
   days on market $183,995 Active 291 DOM
9. 2026-06-07
   days on market $183,995 Active 290 DOM
10. 2026-06-04
    days on market $183,995 Active 287 DOM
11. 2026-06-03
    days on market $183,995 Active 286 DOM
12. 2026-06-02
    days on market $183,995 Active 285 DOM
13. 2026-06-01
    days on market $183,995 Active 284 DOM
14. 2026-05-31
    days on market $183,995 Active 283 DOM
15. 2026-04-06
    price $183,995 492-char remark

    Show marketing remark (492 chars)

    * Walk-in closet at primary bedroom * Polyester textured carpeting * LED lighting * Dual-sink vanity at primary bath * 42-in. garden tub/shower combination at primary bath * Low-E windows * Front porch * Split-bedroom layout * Eat-in kitchen * 5-panel interior doors * Smart thermostat * ENERGY STAR® certified home * Swimming pool * Playground * Near local schools * Commuter-friendly location * Close to popular restaurants * Outdoor recreation nearby

16. 2026-03-27
    price $181,995 492-char remark

    Show marketing remark (492 chars)

    * Walk-in closet at primary bedroom * Polyester textured carpeting * LED lighting * Dual-sink vanity at primary bath * 42-in. garden tub/shower combination at primary bath * Low-E windows * Front porch * Split-bedroom layout * Eat-in kitchen * 5-panel interior doors * Smart thermostat * ENERGY STAR® certified home * Swimming pool * Playground * Near local schools * Commuter-friendly location * Close to popular restaurants * Outdoor recreation nearby

17. 2026-03-24
    price $191,995 492-char remark

    Show marketing remark (492 chars)

    * Walk-in closet at primary bedroom * Polyester textured carpeting * LED lighting * Dual-sink vanity at primary bath * 42-in. garden tub/shower combination at primary bath * Low-E windows * Front porch * Split-bedroom layout * Eat-in kitchen * 5-panel interior doors * Smart thermostat * ENERGY STAR® certified home * Swimming pool * Playground * Near local schools * Commuter-friendly location * Close to popular restaurants * Outdoor recreation nearby

18. 2026-02-27
    price $196,995 492-char remark

    Show marketing remark (492 chars)

    * Walk-in closet at primary bedroom * Polyester textured carpeting * LED lighting * Dual-sink vanity at primary bath * 42-in. garden tub/shower combination at primary bath * Low-E windows * Front porch * Split-bedroom layout * Eat-in kitchen * 5-panel interior doors * Smart thermostat * ENERGY STAR® certified home * Swimming pool * Playground * Near local schools * Commuter-friendly location * Close to popular restaurants * Outdoor recreation nearby

19. 2026-02-13
    price $189,995 492-char remark

    Show marketing remark (492 chars)

    * Walk-in closet at primary bedroom * Polyester textured carpeting * LED lighting * Dual-sink vanity at primary bath * 42-in. garden tub/shower combination at primary bath * Low-E windows * Front porch * Split-bedroom layout * Eat-in kitchen * 5-panel interior doors * Smart thermostat * ENERGY STAR® certified home * Swimming pool * Playground * Near local schools * Commuter-friendly location * Close to popular restaurants * Outdoor recreation nearby

20. 2026-01-28
    price $188,995 492-char remark

    Show marketing remark (492 chars)

    * Walk-in closet at primary bedroom * Polyester textured carpeting * LED lighting * Dual-sink vanity at primary bath * 42-in. garden tub/shower combination at primary bath * Low-E windows * Front porch * Split-bedroom layout * Eat-in kitchen * 5-panel interior doors * Smart thermostat * ENERGY STAR® certified home * Swimming pool * Playground * Near local schools * Commuter-friendly location * Close to popular restaurants * Outdoor recreation nearby

21. 2025-10-14
    price $193,995 492-char remark

    Show marketing remark (492 chars)

    * Walk-in closet at primary bedroom * Polyester textured carpeting * LED lighting * Dual-sink vanity at primary bath * 42-in. garden tub/shower combination at primary bath * Low-E windows * Front porch * Split-bedroom layout * Eat-in kitchen * 5-panel interior doors * Smart thermostat * ENERGY STAR® certified home * Swimming pool * Playground * Near local schools * Commuter-friendly location * Close to popular restaurants * Outdoor recreation nearby

22. 2025-09-29
    price $188,995 492-char remark

    Show marketing remark (492 chars)

    * Walk-in closet at primary bedroom * Polyester textured carpeting * LED lighting * Dual-sink vanity at primary bath * 42-in. garden tub/shower combination at primary bath * Low-E windows * Front porch * Split-bedroom layout * Eat-in kitchen * 5-panel interior doors * Smart thermostat * ENERGY STAR® certified home * Swimming pool * Playground * Near local schools * Commuter-friendly location * Close to popular restaurants * Outdoor recreation nearby

23. 2025-09-03
    price $186,995 492-char remark

    Show marketing remark (492 chars)

    * Walk-in closet at primary bedroom * Polyester textured carpeting * LED lighting * Dual-sink vanity at primary bath * 42-in. garden tub/shower combination at primary bath * Low-E windows * Front porch * Split-bedroom layout * Eat-in kitchen * 5-panel interior doors * Smart thermostat * ENERGY STAR® certified home * Swimming pool * Playground * Near local schools * Commuter-friendly location * Close to popular restaurants * Outdoor recreation nearby

24. 2025-08-21
    listed $184,995 Active 492-char remark

    Show marketing remark (492 chars)

    * Walk-in closet at primary bedroom * Polyester textured carpeting * LED lighting * Dual-sink vanity at primary bath * 42-in. garden tub/shower combination at primary bath * Low-E windows * Front porch * Split-bedroom layout * Eat-in kitchen * 5-panel interior doors * Smart thermostat * ENERGY STAR® certified home * Swimming pool * Playground * Near local schools * Commuter-friendly location * Close to popular restaurants * Outdoor recreation nearby

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

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 · 22 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,112
• − Mortgage interest: −$12,866
• − Property taxes: −$3,445
• − Insurance: −$1,148
• − Repairs & maintenance: −$1,449
• − Management: −$1,449
• − Depreciation: −$6,682
• Taxable loss: −$8,928
• Est. tax savings @ 24.0%: +$2,143
• After-tax cash flow: $-2,597/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 · 12 photos

Good 80/100 None rehab

This home is in excellent condition with modern amenities and a well-maintained exterior. It's a great investment opportunity with high resale and rental potential.

Value-add opportunities

• Both Landscaping — Enhances curb appeal and adds value
• Both Swimming pool maintenance — Keeps amenities in good condition

Renovation cost estimate screening

Value-add ROI direction

• Both Landscaping — Enhances curb appeal and adds value ↑
• Both Swimming pool maintenance — Keeps amenities in good condition ↑

ⓘ 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
• 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

-0.5% since first listed

10 events — show timeline

• 2026-04-06 Price Changed $183,995 Zillow
• 2026-03-27 Price Changed $181,995 Zillow
• 2026-03-24 Price Changed $191,995 Zillow
• 2026-02-27 Price Changed $196,995 Zillow
• 2026-02-13 Price Changed $189,995 Zillow
• 2026-01-28 Price Changed $188,995 Zillow
• 2025-10-14 Price Changed $193,995 Zillow
• 2025-09-29 Price Changed $188,995 Zillow
• 2025-09-03 Price Changed $186,995 Zillow
• 2025-08-21 Listed $184,995 Zillow