502 Lovera · San Antonio, TX 78212

$130,000

4 bd · 1.0 ba · 1,216 sqft · SingleFamily public records · 28 Days on market

Built 1961 6,011 sqft lot $107/sqft · 38% below area Est $209k · 38% under ↓ 24% since listing

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Why this score? — see what drove the B 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 +28.2/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.2/10.0
• Livability +4.0/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Schools +1.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Sizeable corner lot with mature trees. Home has a standing seam metal roof, nice layout with Saltillo tile in entryway, kitchen/dining area/primary bath. Wood floors in bedrooms. Large, detached carport. Home to be sold As Is with no repairs.

Key facts

• 6,011 sq ft lot
• Garage
• Built 1961

Property features AI

Finance

• Financial info: Down payment resources available
• HOA & community: Located in the Olmos/San Pedro Place subdivision

Exterior

• Parking: Rear entry parking
• Utilities: City water and sewer
• Home design: Pre-owned single-family property; Approximately 65 years old
• Construction: Metal roof
• Exterior features: Siding exterior

Interior

• Kitchen: Kitchen (14 x 10)
• Bedrooms: Master bedroom with walk-in closet and full bath (17 x 17); Second bedroom (14 x 14)
• Flooring: Other flooring (see remarks)
• Bathrooms: Two full bathrooms; Master bath with tub/shower combination (6 x 6)
• Heating & cooling: Natural gas heating
• Interior features: Open floor plan with combined living and dining area

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $413 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $128k (1.5% below list) — sets the bar for market timing.
• Cap rate 10.1% 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: Rents flat; 175 active listings in the ZIP; 29 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).
• This rent runs 35% of the median local income ($63k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $899 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Bexar County population projected at +50% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 28 days — a 2% lower offer ($128k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: property tax is 2.8% of price.
• Climate carrying-cost: major wind risk, 77% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $128,050 (1.5% below list)

Questions for the listing agent

1. Built in 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.42% ✓
• Cap rate: 10.11%
• Cash-on-cash: 13.62%
• DSCR: 1.61
• GRM: 5.9

CMA / ARV

• ARV (median comp): $208,632
• List price: $130,000
• Delta: -37.69%
• 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
434 Hermine	0.08mi	3/2.0 (-1)	1,208 (-1%)	11mo	$215,000	$178	77
334 Thorain	0.17mi	3/1.5 (-1)	1,200 (-1%)	14mo	$150,000	$125	72
546 Hermine Blvd	0.23mi	3/1.0 (-1)	1,204 (-1%)	14mo	$199,000	$165	71
331 S Audubon Dr	0.50mi	3/1.0 (-1)	1,243 (+2%)	4mo	$199,500	$160	64
429 Lovera Blvd	0.05mi	3/1.0 (-1)	1,049 (-14%)	11mo	$208,900	$199	61
110 Weizmann	0.58mi	3/2.0 (-1)	1,262 (+4%)	2mo	$299,000	$237	56
281 Hermine Blvd	0.25mi	3/1.5 (-1)	1,394 (+15%)	4mo	$265,000	$190	54
315 W Hermosa Dr	0.40mi	3/2.0 (-1)	1,326 (+9%)	8mo	$249,900	$188	51
313 W Wildwood	0.34mi	3/2.0 (-1)	1,382 (+14%)	5mo	$249,999	$181	48
1502 Beacon Ave	0.53mi	3/2.0 (-1)	1,328 (+9%)	8mo	$225,000	$169	44
935 W Mariposa	0.54mi	4/2.0	1,386 (+14%)	8mo	$275,000	$198	41
1131 W Hermosa	0.69mi	3/2.0 (-1)	1,044 (-14%)	12mo	$234,999	$225	26

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

Projected returns pro-forma

-3.0% appreciation · 0.89% rent growth · sell at horizon

5-year hold

• IRR: 1.1%
• Equity multiple: 1.04×
• Total profit: $1,536
• Equity at exit: $19,383

10-year hold

• IRR: 8.3%
• Equity multiple: 1.57×
• Total profit: $20,623
• Equity at exit: $11,240

Cash invested: $36,400 (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 78212

• Home prices YoY: -25.2%
• Rents YoY: 0.9%
• Active inventory: 175
• Price-to-rent: 5.9×

Monthly cashflow live

• Estimated rent: $1,844 high
• Mortgage (P&I): −$682
• Tax from tax record: −$307 /mo · $3,688/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$387
• Net cashflow: $413

Break-even live

Break-even rent $1,321

Max offer price $130,000

Occupancy floor 73%

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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Rent comps 29 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
125 San Angelo San Antonio, TX	3.0	2.5	1430	$1,950	$1.36	14d	1	0.23mi
415 W Mariposa Dr Unit NA San Antonio, TX	3.0	2.0	1312	$1,750	$1.33	14d	1	0.24mi
415 W Mariposa Dr San Antonio, TX	3.0	2.0	1312	$1,950	$1.49	24d	1	0.24mi
823 La Manda Blvd San Antonio, TX	3.0	2.0	1166	$1,550	$1.33	4d	1	0.41mi
143 Kinder Dr San Antonio, TX	4.0	2.0	1438	$2,250	$1.56	24d	1	0.41mi
862 Clower Unit 2 San Antonio, TX	3.0	1.0	1250	$1,195	$0.96	20d	1	0.51mi
118 Gaskin Dr San Antonio, TX	3.0	2.0	1340	$2,050	$1.53	43d	1	0.53mi
802 Alametos Unit A San Antonio, TX	3.0	2.0	1350	$1,700	$1.26	24d	1	0.56mi
4507 Howard St San Antonio, TX	3.0	2.0	1289	$1,600	$1.24	21d	1	0.59mi
158 Weizmann St San Antonio, TX	3.0	2.0	1288	$1,750	$1.36	14d	1	0.62mi
440 Horace St San Antonio, TX	3.0	1.5	960	$1,700	$1.77	24d	1	0.65mi
1106 Alametos San Antonio, TX	4.0	2.0	1275	$1,595	$1.25	21d	1	0.72mi
1211 Lee Hall San Antonio, TX	4.0	2.0	1078	$1,500	$1.39	24d	1	0.85mi
654 Santa Monica St San Antonio, TX	3.0	1.0	1125	$1,550	$1.38	3d	1	0.88mi
1331 W Wildwood Dr San Antonio, TX	3.0	1.0	1178	$1,600	$1.36	43d	1	0.89mi
331 Gardina St San Antonio, TX	3.0	1.5	980	$1,450	$1.48	17d	1	1.08mi
636 W Norwood Ct San Antonio, TX	3.0	2.0	1168	$1,650	$1.41	3d	1	1.12mi
1627 W Mariposa Dr San Antonio, TX	3.0	2.0	1400	$1,850	$1.32	12d	1	1.16mi
130 Melrose Pl San Antonio, TX	3.0	1.0–2.5	1230	$1,865	$1.52	3d	22	1.20mi
230 Craigmont Ln San Antonio, TX	3.0	2.0	1351	$2,100	$1.55	24d	1	1.24mi
146 Redrock Dr San Antonio, TX	3.0	1.0	1050	$1,800	$1.71	16d	1	1.25mi
1135 W Ridgewood Ct San Antonio, TX	3.0	2.0	1212	$1,650	$1.36	43d	1	1.27mi
2326 Basse Rd San Antonio, TX	3.0	2.0	1168	$1,250	$1.07	24d	1	1.28mi
4618 Neer Ave San Antonio, TX	3.0	1.0	928	$1,550	$1.67	20d	1	1.30mi
1812 Mardell St San Antonio, TX	5.0	2.0	1489	$1,900	$1.28	24d	1	1.32mi
488 E Olmos Dr Unit 3 San Antonio, TX	3.0	1.5	1178	$3,995	$3.39	24d	1	1.32mi
522 W Hollywood Ave San Antonio, TX	3.0	2.0	1008	$2,100	$2.08	43d	1	1.39mi
434 Schmeltzer Ln San Antonio, TX	3.0	1.0	1248	$1,495	$1.20	14d	1	1.43mi
210 Dryden San Antonio, TX	3.0	1.0	1177	$1,600	$1.36	43d	1	1.47mi

Listing history 25 events

1. 2026-06-13
   statusdays on market $130,000 Pending 28 DOM
2. 2026-06-10
   status $130,000 Active Option 25 DOM
3. 2026-06-09
   days on market $130,000 Active 25 DOM
4. 2026-06-08
   days on market $130,000 Active 24 DOM
5. 2026-06-07
   days on market $130,000 Active 23 DOM
6. 2026-06-04
   days on market $130,000 Active 20 DOM
7. 2026-06-03
   days on market $130,000 Active 19 DOM
8. 2026-06-02
   days on market $130,000 Active 18 DOM
9. 2026-06-01
   days on market $130,000 Active 17 DOM
10. 2026-05-31
    days on market $130,000 Active 16 DOM
11. 2026-05-15
    listed $130,000 New 135-char remark
12. 2025-12-31
    historical
13. 2025-05-16
    status Back on Market
14. 2025-04-22
    historical Active Option
15. 2025-04-01
    listed $130,000 New
16. 2022-11-10
    historical

    Show marketing remark (242 chars)

    Sizeable corner lot with mature trees. Home has a standing seam metal roof, nice layout with Saltillo tile in entryway, kitchen/dining area/primary bath. Wood floors in bedrooms. Large, detached carport. Home to be sold As Is with no repairs.

17. 2022-11-10
    soldstatus

    Show marketing remark (242 chars)

    Sizeable corner lot with mature trees. Home has a standing seam metal roof, nice layout with Saltillo tile in entryway, kitchen/dining area/primary bath. Wood floors in bedrooms. Large, detached carport. Home to be sold As Is with no repairs.

18. 2022-11-09
    soldstatus Sold

    Show marketing remark (242 chars)

    Sizeable corner lot with mature trees. Home has a standing seam metal roof, nice layout with Saltillo tile in entryway, kitchen/dining area/primary bath. Wood floors in bedrooms. Large, detached carport. Home to be sold As Is with no repairs.

19. 2022-10-30
    status Pending

    Show marketing remark (242 chars)

    Sizeable corner lot with mature trees. Home has a standing seam metal roof, nice layout with Saltillo tile in entryway, kitchen/dining area/primary bath. Wood floors in bedrooms. Large, detached carport. Home to be sold As Is with no repairs.

20. 2022-10-18
    price $166,000

    Show marketing remark (242 chars)

    Sizeable corner lot with mature trees. Home has a standing seam metal roof, nice layout with Saltillo tile in entryway, kitchen/dining area/primary bath. Wood floors in bedrooms. Large, detached carport. Home to be sold As Is with no repairs.

21. 2022-10-17
    status Back on Market

    Show marketing remark (242 chars)

    Sizeable corner lot with mature trees. Home has a standing seam metal roof, nice layout with Saltillo tile in entryway, kitchen/dining area/primary bath. Wood floors in bedrooms. Large, detached carport. Home to be sold As Is with no repairs.

22. 2022-08-08
    status Pending

    Show marketing remark (242 chars)

    Sizeable corner lot with mature trees. Home has a standing seam metal roof, nice layout with Saltillo tile in entryway, kitchen/dining area/primary bath. Wood floors in bedrooms. Large, detached carport. Home to be sold As Is with no repairs.

23. 2022-07-29
    price $155,000

    Show marketing remark (242 chars)

    Sizeable corner lot with mature trees. Home has a standing seam metal roof, nice layout with Saltillo tile in entryway, kitchen/dining area/primary bath. Wood floors in bedrooms. Large, detached carport. Home to be sold As Is with no repairs.

24. 2022-07-22
    listed $170,000 New

    Show marketing remark (242 chars)

    Sizeable corner lot with mature trees. Home has a standing seam metal roof, nice layout with Saltillo tile in entryway, kitchen/dining area/primary bath. Wood floors in bedrooms. Large, detached carport. Home to be sold As Is with no repairs.

25. 2011-12-12
    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: $3,688 · $307/mo
• Projected year-2 tax: $3,688 · $307/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 ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 77% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,124
• − Mortgage interest: −$7,282
• − Property taxes: −$3,688
• − Insurance: −$650
• − Repairs & maintenance: −$1,770
• − Management: −$1,770
• − Depreciation: −$3,782
• Taxable income: $3,182
• Est. tax owed @ 24.0%: −$764
• After-tax cash flow: $4,195/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): 27,437
• Household income: $62,801
• Rent vs Own: 53.4% rent · 46.6% own
• Severe rent burden: 1505.0

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: Diverse neighborhood (Simpson 0.55)
• Race & ethnicity: Hispanic / Latino 58% White 34% Two or more races 34% Black 3% Asian 2%
• Hispanic origin (detail): Mexican 50%
• Common ancestry: Slovak 2% Lithuanian 2% Romanian 1%
• Foreign-born: 13% · Canada, China
• Languages at home: 62% English-only · Spanish 36% Chinese 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: ▼ -94.24%
• Current HPI: 280.1006
• Rent YoY: ▲ 0.89%
• 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

-23.5% since first listed

17 events — show timeline

• 2026-06-12 Pending — LERA
• 2026-06-09 Contingent — LERA
• 2026-05-15 Listed $130,000 LERA
• 2025-12-31 Listing Removed — LERA
• 2025-05-16 Relisted — LERA
• 2025-04-22 Contingent — LERA
• 2025-04-01 Listed $130,000 LERA
• 2022-11-10 Listing Removed — LERA
• 2022-11-10 Sold (Public Records) — Public Records
• 2022-11-09 Sold (MLS) — LERA
• 2022-10-30 Pending — LERA
• 2022-10-18 Price Changed $166,000 LERA
• 2022-10-17 Relisted — LERA
• 2022-08-08 Pending — LERA
• 2022-07-29 Price Changed $155,000 LERA
• 2022-07-22 Listed $170,000 LERA
• 2011-12-12 Sold (Public Records) — Public Records

Property tax history

+5.8%/yr

Latest (2025): $3,688 · -0.0% YoY. Source: county tax records.