4723 Castle Rose · San Antonio, TX 78218

$129,500

3 bd · 1.0 ba · 912 sqft · SingleFamily public records · 62 Days on market

Built 1971 7,753 sqft lot $142/sqft · 26% below area Est $176k · 26% under ↓ 24% 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 +15.7/30.0
• ARV discount +15.0/15.0
• 1% rule +5.6/10.0
• DSCR +4.8/10.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Rent growth +1.1/5.0
• Appreciation +0.0/10.0

Listing remarks

Charming 3-bed, 1-bath home offering the perfect mix of cozy comfort and outdoor freedom! This move-in-ready property features new flooring and fresh paint throughout. Enjoy the flexibility of NO HOA restrictions-make this space truly your own. Perfectly located near Randolph AFB and Fort Sam Houston with convenient access to major interstates. Whether you're looking for a personal home or a turnkey investment, this one is ready for you.

Key facts

• Near randolph afb
• Fresh paint
• New flooring

Tags

• NEW FLOORING
• FRESH PAINT
• NO HOA RESTRICTIONS
• NEAR RANDOLPH AFB
• NEAR FORT SAM HOUSTON

Property features AI

Finance

• Financial info: Down payment resources not indicated
• HOA & community: Subdivision: EAST VILLAGE; Subdivision legal name: EAST VILLAGE JD/NE

Exterior

• Utilities: Gas supplied by CPS; Electricity supplied by CPS; Water supplied by SAWS; Sewer supplied by SAWS; Garbage service by SAWS
• Home design: Pre-owned property; Approximate age: 55 years
• Construction: Slab foundation; Composition roof
• Exterior features: Brick and wood exterior; Water and sewer system services

Interior

• Kitchen: Stove/Range; Kitchen approx. 9 x 8
• Bedrooms: Master bedroom on lower level (12 x 11); Bedroom 2 (12 x 9); Bedroom 3 (9 x 9)
• Flooring: Ceramic tile; Laminate flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (natural gas); Central air conditioning
• Interior features: Ceiling fans; Washer and dryer connections; Stove/Range included; Living/Dining room combination; All window coverings remain; One living area
• 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 $130k.

Deal economics

• At list price, monthly cash flow is $56 ($677/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $130k).
• Recommended offer: $122k (6.0% below list) — sets the bar for market timing.
• Cap rate 6.8% 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.
• Judson ISD (suburban): math 21% / reading 33% proficiency, ranked #660 of 826 in TX (top 80%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Park Village El (math 8% / reading 22%, grade F, #4,021 of 4,322 statewide, top 94%, 441 students, 88% FRL); Kirby Middle (math 11% / reading 23%, grade F, #1,520 of 1,662 statewide, top 92%, 683 students, 94% FRL); Karen Wagner H S (math 12% / reading 29%, grade F, #1,389 of 1,632 statewide, top 86%, 2,366 students, 80% FRL) — zoned schools average 88% FRL vs 57% district-wide (31 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents falling (-5.6%/yr); 135 active listings in the ZIP; 37 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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

• Local home prices are declining (-3.0%/yr); year-one equity from $895 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 62 days — a 6% lower offer ($122k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts 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: 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 $121,730 (6.0% below list)

Questions for the listing agent

1. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
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: 1.06% ✓
• Cap rate: 6.82%
• Cash-on-cash: 1.87%
• DSCR: 1.08
• GRM: 7.8

CMA / ARV

• ARV (median comp): $175,620
• List price: $129,500
• Delta: -26.26%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4806 Castle Brg	0.30mi	3/1.0	900 (-1%)	15mo	$185,000	$206	71
4818 Castle Inn	0.26mi	3/1.0	864 (-5%)	12mo	$179,500	$208	69
6022 Castle Vw	0.22mi	3/1.0	864 (-5%)	20mo	$170,000	$197	64
5878 Midcrown Dr	0.44mi	2/1.0 (-1)	896 (-2%)	17mo	$139,995	$156	57
5806 Castle Yard	0.56mi	2/1.0 (-1)	984 (+8%)	11mo	$130,000	$132	46
5814 Castle Lk	0.65mi	3/1.0	998 (+9%)	12mo	$178,500	$179	44
7006 Cozy Run	0.41mi	2/1.0 (-1)	1,023 (+12%)	22mo	$185,000	$181	38

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -17.2%
• Equity multiple: 0.41×
• Total profit: $-21,321
• Equity at exit: $19,309

10-year hold

• IRR: -17.3%
• Equity multiple: 0.20×
• Total profit: $-29,108
• Equity at exit: $11,197

Cash invested: $36,260 (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 78218

• Home prices YoY: -16.1%
• Rents YoY: -5.6%
• Active inventory: 135
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,377 high
• Mortgage (P&I): −$679
• Tax from tax record: −$298 /mo · $3,579/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$289
• Net cashflow: $56

Break-even live

Break-even rent $1,305

Max offer price $129,500

Occupancy floor 91%

Sensitivity live

Price	-10% $130	-5% $93	+0% $56	+5% $20	+10% $-17
Rent	-10% $-52	-5% $2	+0% $56	+5% $111	+10% $165
Rate	-1.0pp $122	-0.5pp $89	base $56	+0.5pp $23	+1.0pp $-11

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: $32,375
• Closing costs: $3,885
• Reserves months: —
• Total cash needed: —

Rent comps 37 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4839 Castle Strm San Antonio, TX	3.0	1.0	872	$1,300	$1.49	23d	1	0.17mi
7027 Farm-To-Market Road 78 Unit 9204 San Antonio, TX	2.0	2.0	954	$1,780	$1.87	6d	1	0.86mi
7027 Farm to Market Road 78 Unit 14203 San Antonio, TX	2.0	1.0	881	$1,580	$1.79	4d	1	0.86mi
7027 Farm to Market Road 78 Unit 710 San Antonio, TX	2.0	2.0	881	$1,115	$1.27	0d	1	0.86mi
7027 FM 78 San Antonio, TX	1.0–3.0	1.0–2.0	868	$2,351	$2.71	22d	10	0.95mi
7526 Windsor Oaks Unit 7526 San Antonio, TX	2.0	1.0	730	$900	$1.23	9d	1	0.96mi
7107 Winding Shelf San Antonio, TX	3.0	1.0	1016	$1,408	$1.39	25d	1	0.97mi
4843 Castle Shield San Antonio, TX	3.0	1.0	1032	$1,350	$1.31	25d	1	1.01mi
7548 Windsor Oaks Unit 7548 San Antonio, TX	3.0	2.0	1001	$1,200	$1.20	45d	1	1.01mi
5415 N Foster Rd San Antonio, TX	1.0–3.0	1.0–2.0	966	$1,655	$1.71	0d	23	1.06mi
7571 Windsor Oaks San Antonio, TX	2.0	1.0	750	$695	$0.93	25d	1	1.06mi
7651 Oak Chase San Antonio, TX	3.0	3.5	1034	$1,695	$1.64	25d	1	1.15mi
5613 Lochmoor #2 San Antonio, TX	2.0	1.0	800	$1,050	$1.31	23d	1	1.17mi
5613 Lochmoor #2 San Antonio, TX	2.0	1.0	800	$1,050	$1.31	45d	1	1.17mi
5609 Lochmoor Unit 1 San Antonio, TX	2.0	1.0	800	$825	$1.03	45d	1	1.18mi
5607 Lochmoor Unit 2 San Antonio, TX	2.0	1.0	825	$875	$1.06	45d	1	1.18mi
7018 Elmbank San Antonio, TX	2.0	1.0	1050	$1,200	$1.14	25d	1	1.19mi
7027 Farm To Market RD San Antonio, TX	1.0–3.0	1.0–2.0	868	$1,599	$1.84	0d	31	1.19mi
5529 Lochmoor Unit 2 San Antonio, TX	2.0	1.0	825	$875	$1.06	45d	1	1.20mi
7017 Silver Cyn Unit 7017-SC San Antonio, TX	2.0	1.0	1055	$1,100	$1.04	45d	1	1.20mi
4830 Ray Bon Dr Unit 710 San Antonio, TX	2.0	2.0	850	$1,158	$1.36	0d	1	1.20mi
5527 Lochmoor Unit 2 San Antonio, TX	2.0	1.0	825	$875	$1.06	45d	1	1.20mi
5528 Lochmoor San Antonio, TX	2.0	2.0	987	$1,775	$1.80	4d	1	1.22mi
5414 Midcrown Dr Unit 710 San Antonio, TX	2.0	2.0	998	$1,031	$1.03	0d	1	1.24mi
4807 Georges Farm San Antonio, TX	3.0	2.0	1008	$1,295	$1.28	45d	1	1.25mi
5507 Roanwood San Antonio, TX	3.0	2.0	950	$1,200	$1.26	0d	1	1.26mi
7812 Broadwick San Antonio, TX	2.0	1.0	884	$1,075	$1.22	19d	1	1.28mi
5100 Eisenhauer Rd Unit 710 San Antonio, TX	2.0	2.0	1088	$1,196	$1.10	0d	1	1.32mi
5819 Woodhill San Antonio, TX	3.0	2.0	1015	$1,300	$1.28	45d	1	1.33mi
4711 Gavlick Farm San Antonio, TX	3.0	1.0	975	$1,250	$1.28	45d	1	1.35mi
7603 Glen Vis San Antonio, TX	3.0	2.0	980	$1,200	$1.22	9d	1	1.36mi
4411 Mystic Sunrise Dr San Antonio, TX	3.0	2.0	1120	$2,000	$1.79	25d	1	1.37mi
5143 Village Lawn San Antonio, TX	3.0	1.5	1008	$1,450	$1.44	23d	1	1.42mi
7643 Glen Shire San Antonio, TX	3.0	2.0	868	$1,475	$1.70	25d	1	1.47mi
7323 Golf Vista Blvd San Antonio, TX	2.0	2.0	1100	$1,200	$1.09	25d	1	1.49mi
7614 Glen Hurst San Antonio, TX	3.0	1.0	1100	$1,400	$1.27	3d	1	1.49mi
5954 Summer Fest Dr San Antonio, TX	2.0	1.0	919	$1,300	$1.41	45d	1	1.50mi

Listing history 27 events

1. 2026-06-21
   days on market $129,500 Active 62 DOM
2. 2026-06-18
   days on market $129,500 Active 59 DOM
3. 2026-06-17
   days on market $129,500 Active 58 DOM
4. 2026-06-16
   days on market $129,500 Active 57 DOM
5. 2026-06-15
   days on market $129,500 Active 56 DOM
6. 2026-06-13
   days on market $129,500 Active 54 DOM
7. 2026-06-09
   days on market $129,500 Active 50 DOM
8. 2026-06-08
   days on market $129,500 Active 49 DOM
9. 2026-06-07
   days on market $129,500 Active 48 DOM
10. 2026-06-04
    days on market $129,500 Active 45 DOM
11. 2026-06-03
    days on market $129,500 Active 44 DOM
12. 2026-06-02
    days on market $129,500 Active 43 DOM
13. 2026-06-01
    days on market $129,500 Active 42 DOM
14. 2026-05-31
    days on market $129,500 Active 41 DOM
15. 2026-04-20
    listed $129,500 New 440-char remark
16. 2026-04-17
    listed $1,400
17. 2026-04-16
    historical $1,400
18. 2026-04-16
    historical
19. 2026-02-11
    listed $139,500 New
20. 2025-12-31
    historical
21. 2025-12-06
    listed $1,400
22. 2025-12-06
    historical $1,500
23. 2025-12-05
    price $149,000
24. 2025-11-12
    listed $1,500
25. 2025-08-16
    price $159,000
26. 2025-06-26
    price $168,000
27. 2025-04-18
    listed $169,500 New

ⓘ 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: $3,579 · $298/mo
• Projected year-2 tax: $3,579 · $298/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 2/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°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: $16,522
• − Mortgage interest: −$7,254
• − Property taxes: −$3,579
• − Insurance: −$648
• − Repairs & maintenance: −$1,322
• − Management: −$1,322
• − Depreciation: −$3,767
• Taxable loss: −$1,369
• Est. tax savings @ 24.0%: +$329
• After-tax cash flow: $1,006/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: Judson ISD
• NCES district ID: 4824990
• Math proficiency: 21% ▼ -21.00%
• Reading proficiency: 33% ▼ -7.00%
• Median HH income: $57,542
• Composite: 24.39/100
• National rank: #7689
• State rank: #660 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): 39,428
• Household income: $57,285
• Rent vs Own: 51.8% rent · 48.2% own
• Severe rent burden: 2508.0

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 0.64)
• Race & ethnicity: Hispanic / Latino 53% Two or more races 26% White 25% Black 14% Asian 3% Native American 2%
• Hispanic origin (detail): Mexican 41% Puerto Rican 3%
• Common ancestry: Serbian 2% Italian 1% Romanian 1%
• Foreign-born: 18% · Canada, Vietnam, China
• Languages at home: 60% English-only · Spanish 34% Vietnamese 1% Other Asian/Pacific 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: ▼ -52.17%
• Current HPI: 271.2807
• Rent YoY: ▼ -5.56%
• 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

-23.6% since first listed

13 events — show timeline

• 2026-04-20 Listed $129,500 LERA
• 2026-04-17 Listed for Rent $1,400 RENTEC
• 2026-04-16 Rental Removed $1,400 SABOR
• 2026-04-16 Listing Removed — LERA
• 2026-02-11 Listed $139,500 LERA
• 2025-12-31 Listing Removed — LERA
• 2025-12-06 Listed for Rent $1,400 SABOR
• 2025-12-06 Rental Removed $1,500 RENTEC
• 2025-12-05 Price Changed $149,000 LERA
• 2025-11-12 Listed for Rent $1,500 RENTEC
• 2025-08-16 Price Changed $159,000 LERA
• 2025-06-26 Price Changed $168,000 LERA
• 2025-04-18 Listed $169,500 LERA

Property tax history

+14.8%/yr

Latest (2025): $3,579 · +1.6% YoY. Source: county tax records.