2434 Delgado · San Antonio, TX 78228

$139,000

3 bd · 1.0 ba · 1,193 sqft · SingleFamily public records · 364 Days on market

Built 1955 7,884 sqft lot Est $186k · 25% under

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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 +20.5/30.0
• ARV discount +15.0/15.0
• DSCR +6.5/10.0
• 1% rule +5.5/10.0
• Livability +4.0/5.0
• Rent growth +3.7/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks

Stop renting and take a look. This is a great opportunity for 3-bedroom, 1-bath home with easy access to downtown and major highways. Conveniently located near St. Mary's University and Woodlawn Lake, it's a great opportunity for first-time buyers ready to start building equity. Priced to sell as is-come make it your own!

Key facts

• Near woodlawn lake
• Major highways
• 7,884 sq ft lot

Tags

• EASY ACCESS TO DOWNTOWN
• MAJOR HIGHWAYS
• NEAR ST MARY'S UNIVERSITY
• NEAR WOODLAWN LAKE

Property features AI

Finance

• Financial info: Down payment resources available
• HOA & community: Located in the Prospect Hill subdivision

Exterior

• Utilities: Water service; Sewer service
• Home design: Pre-owned home; Approximately 70 years old; Composition roof
• Construction: Siding exterior; Composition roof
• Exterior features: Siding exterior

Interior

• Kitchen: Gas cooking; Kitchen roughly 10 x 11
• Bedrooms: Master bedroom on lower level, about 14 x 11; Bedroom 2 about 11 x 10; Bedroom 3 about 12 x 11
• Flooring: Ceramic tile; Linoleum; Laminate
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Washer and dryer connections; Gas cooking; One living area; Separate dining room
• Laundry & utility: Washer connection; Dryer connection

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $139k.

Deal economics

• At list price, monthly cash flow is $184 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $139k).
• Recommended offer: $122k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.9% 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: crime F.
• Edgewood ISD (urban): math 12% / reading 21% proficiency, ranked #812 of 826 in TX (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Roy Cisneros El (math 11% / reading 17%, grade F, #4,127 of 4,322 statewide, top 96%, 210 students, 96% FRL, charter); Memorial H S (math 22% / reading 29%, grade F, #1,246 of 1,632 statewide, top 77%, 872 students, 92% FRL) — zoned schools average 94% FRL vs 24% district-wide (70 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+4.9%/yr); 91 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 33% of the median local income ($53k/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 $961 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 364 days — a 12% lower offer ($122k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 2y 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.
• Current owner paid $43k; list at $139k implies a 220% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• 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 $122,320 (12.0% below list)

Questions for the listing agent

1. It's been on market 364 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 1955 — 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: 1.05% ✓
• Cap rate: 7.88%
• Cash-on-cash: 5.67%
• DSCR: 1.25
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $186,108
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2111 Rivas	0.29mi	3/2.0	1,080 (-10%)	1mo	$99,900	$93	66
1806 Delgado St	0.60mi	3/1.0	1,224 (+3%)	9mo	$115,000	$94	61
107 Blueridge	0.55mi	3/2.0	1,143 (-4%)	9mo	$200,000	$175	56
2127 Delgado	0.31mi	3/1.0	1,089 (-9%)	21mo	$179,000	$164	54
4103 W Salinas St	0.61mi	2/1.0 (-1)	1,080 (-10%)	0mo	$95,000	$88	50
2511 Ruiz	0.45mi	3/2.0	1,304 (+9%)	12mo	$245,000	$188	50
2335 Waverly Ave	0.66mi	3/1.0	1,092 (-8%)	8mo	$180,000	$165	48
131 Neff	0.63mi	3/1.0	1,029 (-14%)	6mo	$139,700	$136	43
2218 Leal St	0.68mi	3/2.0	1,232 (+3%)	19mo	$250,000	$203	42
1617 NW 22nd	0.69mi	3/2.0	1,337 (+12%)	5mo	$189,999	$142	39
1938 Texas	0.71mi	2/1.0 (-1)	1,058 (-11%)	9mo	$105,000	$99	36
3318 Morales St	0.68mi	3/1.0	1,026 (-14%)	14mo	$160,000	$156	34

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 · 4.92% rent growth · sell at horizon

5-year hold

• IRR: -5.4%
• Equity multiple: 0.80×
• Total profit: $-7,930
• Equity at exit: $20,725

10-year hold

• IRR: 6.5%
• Equity multiple: 1.53×
• Total profit: $20,489
• Equity at exit: $12,018

Cash invested: $38,920 (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 78228

• Home prices YoY: -22.1%
• Rents YoY: 4.9%
• Active inventory: 91
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,455 high
• Mortgage (P&I): −$729
• Tax from tax record: −$178 /mo · $2,142/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$305
• Net cashflow: $184

Break-even live

Break-even rent $1,222

Max offer price $139,000

Occupancy floor 82%

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: $34,750
• Closing costs: $4,170
• Reserves months: —
• Total cash needed: —

Rent comps 31 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2503 Arbor Pl San Antonio, TX	2.0	1.0	750	$800	$1.07	43d	1	0.31mi
122 Collins Ct San Antonio, TX	2.0	1.0	927	$1,150	$1.24	22d	1	0.35mi
2148 Texas Ave San Antonio, TX	3.0	1.0	1131	$1,375	$1.22	24d	1	0.68mi
2313 Texas Ave San Antonio, TX	3.0	1.0	1309	$1,400	$1.07	44d	1	0.77mi
3918 W Martin St San Antonio, TX	3.0	1.0	1200	$1,300	$1.08	24d	1	0.79mi
1706 Texas Ave San Antonio, TX	2.0	2.0	1204	$1,500	$1.25	43d	1	0.85mi
1706 Texas Ave San Antonio, TX	2.0	2.0	1204	$1,500	$1.25	24d	1	0.85mi
2331 Cincinnati Ave Unit 2345 03 San Antonio, TX	3.0	1.0	950	$1,300	$1.37	3d	1	0.87mi
2331 Cincinnati Ave San Antonio, TX	1.0–3.0	1.0	850	$1,300	$1.53	12d	3	0.88mi
2426 Cincinnati Ave San Antonio, TX	2.0	1.0	700	$975	$1.39	24d	1	0.88mi
707 Tulane Dr San Antonio, TX	2.0	1.5	1500	$1,550	$1.03	43d	1	0.89mi
3156 W French Pl San Antonio, TX	2.0	2.0	1100	$1,150	$1.05	43d	1	0.95mi
2718 W Craig Pl San Antonio, TX	2.0	1.0	1004	$1,350	$1.34	11d	1	1.03mi
2718 W Craig Pl San Antonio, TX	2.0	1.0	1004	$1,350	$1.34	12d	1	1.03mi
2530 W Woodlawn Ave San Antonio, TX	3.0	2.0	1416	$2,195	$1.55	43d	1	1.11mi
2607 W Craig Pl San Antonio, TX	3.0	1.0	1312	$1,475	$1.12	24d	1	1.11mi
1230 Rivas St San Antonio, TX	3.0	2.5	1287	$1,999	$1.55	24d	1	1.12mi
1231 Rivas St Unit 102 San Antonio, TX	3.0	2.0	1120	$1,299	$1.16	43d	1	1.12mi
2825 W Woodlawn Ave Unit 2825-WW San Antonio, TX	2.0	1.0	700	$1,195	$1.71	3d	1	1.14mi
224 Marquette Dr San Antonio, TX	2.0	1.0	984	$1,350	$1.37	24d	1	1.15mi
206 Roberts St Unit 201 San Antonio, TX	3.0	2.0	1100	$1,350	$1.23	24d	1	1.20mi
1545 Ruiz St San Antonio, TX	2.0	2.0	1020	$935	$0.92	43d	1	1.23mi
234 Gould St Unit 102 San Antonio, TX	2.0	1.5	948	$1,195	$1.26	4d	1	1.27mi
2443 W Huisache Ave Unit 1 San Antonio, TX	2.0	1.0	1200	$1,100	$0.92	43d	1	1.28mi
306 Overhill Dr San Antonio, TX	2.0	1.0	1009	$1,200	$1.19	4d	1	1.34mi
3038 W Salinas Unit 101 San Antonio, TX	3.0	2.5	1149	$1,550	$1.35	4d	1	1.36mi
3301 W Woodlawn Ave San Antonio, TX	1.0–2.0	1.0	825	$881	$1.07	24d	3	1.41mi
2020 W Woodlawn Ave San Antonio, TX	2.0	1.5	1200	$1,298	$1.08	43d	1	1.42mi
2050 W Mistletoe Ave San Antonio, TX	3.0	2.0	1442	$4,500	$3.12	24d	1	1.43mi
230 Micklejohn St San Antonio, TX	3.0	2.0	1368	$1,595	$1.17	24d	1	1.45mi
230 Micklejohn St San Antonio, TX	3.0	2.0	1368	$1,695	$1.24	43d	1	1.45mi

Listing history 15 events

1. 2026-06-18
   days on market $139,000 Active 364 DOM
2. 2026-06-17
   days on market $139,000 Active 363 DOM
3. 2026-06-16
   days on market $139,000 Active 362 DOM
4. 2026-06-15
   days on market $139,000 Active 361 DOM
5. 2026-06-13
   days on market $139,000 Active 359 DOM
6. 2026-06-12
   days on market $139,000 Active 358 DOM
7. 2026-06-09
   days on market $139,000 Active 355 DOM
8. 2026-06-08
   days on market $139,000 Active 354 DOM
9. 2026-06-08
   days on market $139,000 Active 353 DOM
10. 2026-06-07
    days on market $139,000 Active 352 DOM
11. 2026-06-03
    days on market $139,000 Active 349 DOM
12. 2026-06-02
    days on market $139,000 Active 348 DOM
13. 2026-06-01
    days on market $139,000 Active 347 DOM
14. 2026-05-31
    remarks 323-char remark
15. 2026-05-31
    listed $139,000 Active 346 DOM

ⓘ 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: $2,142 · $178/mo
• Projected year-2 tax: $2,544 · $212/mo
• Expected delta: +$402/yr (+$34/mo · 18.8%)

ⓘ 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 · 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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,455
• − Mortgage interest: −$7,786
• − Property taxes: −$2,142
• − Insurance: −$695
• − Repairs & maintenance: −$1,396
• − Management: −$1,396
• − Depreciation: −$4,044
• Taxable loss: −$5
• Est. tax savings @ 24.0%: +$1
• After-tax cash flow: $2,206/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: Edgewood ISD
• NCES district ID: 4818150
• Math proficiency: 12% ▼ -18.00%
• Reading proficiency: 21% ▼ -5.00%
• Median HH income: $27,419
• Composite: 12.82/100
• National rank: #9597
• State rank: #812 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): 56,165
• Household income: $52,976
• Rent vs Own: 40.7% rent · 59.3% own
• Severe rent burden: 2709.0

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 (88%)
• Race & ethnicity: Hispanic / Latino 88% Two or more races 43% White 8% Black 2%
• Hispanic origin (detail): Mexican 80%
• Common ancestry: Italian 1% Lithuanian 1%
• Foreign-born: 15% · Canada
• Languages at home: 46% English-only · Spanish 53% Other Indo-European 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: ▼ -74.04%
• Current HPI: 261.1558
• Rent YoY: ▲ 4.92%
• 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

+220.5% since first listed

14 events — show timeline

• 2026-04-01 Relisted — LERA
• 2026-03-31 Listing Removed — LERA
• 2025-06-18 Listed $139,000 LERA
• 2025-05-20 Listing Removed — LERA
• 2025-04-26 Price Changed $140,000 LERA
• 2025-03-28 Price Changed $116,777 LERA
• 2025-03-18 Price Changed $119,999 LERA
• 2025-03-12 Listed $125,000 LERA
• 2025-03-10 Listing Removed — LERA
• 2024-10-29 Listed $140,000 LERA
• 2003-12-01 Sold (Public Records) — Public Records
• 1997-04-01 Sold (Public Records) — Public Records
• 1997-03-31 Sold (Public Records) $43,374 Public Records
• 1978-11-01 Sold (Public Records) — Public Records

Property tax history

+3.4%/yr

Latest (2025): $2,142 · +10.0% YoY. Source: county tax records.