14643 Hackamore Way · Elmendorf, TX 78112

$215,000

4 bd · 2.0 ba · 1,458 sqft · SingleFamily public records · 121 Days on market

Built 2022 Good condition 5,401 sqft lot 2-car garage $147/sqft · 7% below area Est $247k · 13% under $36/mo HOA · 2% of rent ↓ 26% since listing

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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 +13.3/15.0
• Cash flow +6.7/30.0
• Appreciation +4.9/10.0
• Condition / age +4.0/5.0
• Livability +2.9/5.0
• 1% rule +2.8/10.0
• Rent growth +2.5/5.0
• Schools +2.1/10.0
• DSCR +0.9/10.0

Listing remarks MLS

The gorgeous RC Ridgeland plan has powerful curb appeal with its charming covered front porch and welcoming front yard landscaping. This home features an open floor plan with 4 bedrooms, 2 bathrooms, a large living room and dining area, as well as a beautiful kitchen fully equipped with energy-efficient appliances, ample counter space, and roomy pantry. Learn more about this home today!

Key facts

• Split-bedroom layout
• Primary suite
• Open-concept layout

Tags

• OPEN-CONCEPT LAYOUT
• ENERGY-EFFICIENT APPLIANCES
• GENEROUS COUNTER SPACE
• SPLIT-BEDROOM LAYOUT
• PRIMARY SUITE

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $215k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-345 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $154k (28.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $167k (22.3% below list).
• Recommended offer: $154k (28.3% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 58/100 on livability (#1,189 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+, crime A; Watch: amenities F, commute F, employment F.
• East Central ISD (rural): math 16% / reading 25% proficiency, ranked #758 of 826 in TX (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Harmony El (math 21% / reading 17%, grade F, #3,739 of 4,322 statewide, top 87%, 684 students, 75% FRL); East Central Heritage Middle (math 11% / reading 26%, grade F, #1,478 of 1,662 statewide, top 90%, 1,120 students, 44% FRL); East Central H S (math 21% / reading 28%, grade F, #1,264 of 1,632 statewide, top 82%, 3,252 students, 52% FRL) — zoned schools at 57% FRL track the district average.
• Market conditions: 498 active listings in the ZIP; 14 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 37% of the median local income ($54k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $1k of equity ($1k loan paydown + $-355 appreciation (-0.2% local appreciation)).
• 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 121 days — a 12% lower offer ($189k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 4y ago; this cycle's ask is 10% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

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 $154,069 (28.3% 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 121 days. Have you received any prior offers? Is the seller open to a 28% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. 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?
8. 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.
9. 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.
10. 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: 0.78% ✗
• Cap rate: 4.37%
• Cash-on-cash: -6.88%
• DSCR: 0.69
• GRM: 10.7

CMA / ARV

• ARV (median comp): $246,659
• List price: $215,000
• Delta: -12.84%
• 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
14127 Pheasant	0.39mi	3/2.0 (-1)	1,456 (-0%)	7mo	$61,900	$43	70
7339 Myna Bird	0.40mi	3/2.0 (-1)	1,392 (-4%)	4mo	$130,000	$93	66
7619 Bit Cir	0.27mi	3/2.0 (-1)	1,631 (+12%)	8mo	$215,000	$132	56
7331 Parkett Dr	0.63mi	3/2.0 (-1)	1,470 (+1%)	9mo	$250,000	$170	56
7634 Quail St	0.40mi	4/3.0	1,580 (+8%)	14mo	$199,999	$127	51
7775 Grouse	0.44mi	3/1.5 (-1)	1,590 (+9%)	8mo	$225,000	$142	50
6965 Dorato Rdg	0.70mi	3/2.0 (-1)	1,440 (-1%)	17mo	$194,500	$135	46
14625 Rhyolite Way	0.74mi	3/2.0 (-1)	1,402 (-4%)	17mo	$163,999	$117	40
14736 Onyx Pl	0.74mi	3/2.0 (-1)	1,402 (-4%)	18mo	$169,999	$121	40
14717 Onyx Pl	0.74mi	4/2.0	1,600 (+10%)	17mo	$188,999	$118	35
14610 Rhyolite Way	0.74mi	4/2.0	1,600 (+10%)	17mo	$197,999	$124	35
14621 Rhyolite Way	0.74mi	4/2.0	1,600 (+10%)	17mo	$189,999	$119	35

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

Projected returns pro-forma

-0.17% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -10.8%
• Equity multiple: 0.51×
• Total profit: $-29,786
• Equity at exit: $60,659

10-year hold

• IRR: -4.4%
• Equity multiple: 0.55×
• Total profit: $-27,335
• Equity at exit: $71,518

Cash invested: $60,200 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 45 active · 32 under contract
• Months of supply: 13.5 mo (7%/mo absorbed)
• Median asking: $170,999 ($119/sqft)
• Median days on market: 72 d
• This list price: 82% of active listings are priced below it
• ARV vs active asking: +42.0% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 78112

• Home prices YoY: -0.1%
• Active inventory: 498
• Price-to-rent: 10.7×

Monthly cashflow live

• Estimated rent: $1,670 high
• Mortgage (P&I): −$1,127
• Tax from tax record: −$411 /mo · $4,936/yr
• Insurance: −$90
• HOA: −$36
• Vacancy / Maint / Mgmt: −$351
• Net cashflow: $-345

Break-even live

Break-even rent $2,107

Max offer price $154,069

Occupancy floor —

Sensitivity live

Price	-10% $-223	-5% $-284	+0% $-345	+5% $-406	+10% $-467
Rent	-10% $-477	-5% $-411	+0% $-345	+5% $-279	+10% $-213
Rate	-1.0pp $-237	-0.5pp $-290	base $-345	+0.5pp $-401	+1.0pp $-457

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: $53,750
• Closing costs: $6,450
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14662 Stirrup Trce Elmendorf, TX	4.0	2.0	1696	$1,690	$1.00	9d	1	0.01mi
14606 Hackamore Way Elmendorf, TX	4.0	2.0	1696	$1,700	$1.00	36d	1	0.12mi
14606 Hackamore Way Elmendorf, TX	4.0	2.0	1699	$1,700	$1.00	64d	1	0.12mi
7663 Stud Dr Elmendorf, TX	3.0	2.0	1233	$1,600	$1.30	9d	1	0.12mi
14651 Latigo Loop Elmendorf, TX	4.0	2.0	1696	$1,750	$1.03	27d	1	0.13mi
14911 Rhyolite Way Elmendorf, TX	3.0	2.0	1684	$1,595	$0.95	24d	1	0.64mi
6964 Calcite Trl Elmendorf, TX	3.0	1.5	1440	$1,650	$1.15	9d	1	0.68mi
6948 Calcite Trl San Antonio, TX	3.0	2.0	1440	$1,500	$1.04	9d	1	0.69mi
6933 Calcite Trl San Antonio, TX	4.0	2.0	1606	$1,695	$1.06	61d	1	0.73mi
6933 Biotite Rdg San Antonio, TX	3.0	2.0	1125	$1,650	$1.47	59d	1	0.77mi
6914 Dorato Rdg San Antonio, TX	4.0	2.5	1802	$1,625	$0.90	9d	1	0.78mi
6630 Coquina Cv Elmendorf, TX	3.0	2.0	1033	$1,600	$1.55	42d	1	1.01mi
15106 Azzurro Stone Elmendorf, TX	4.0	2.0	1575	$1,451	$0.92	17d	1	1.04mi
15111 Mudstone Pl Elmendorf, TX	4.0	2.0	1692	$1,691	$1.00	9d	1	1.14mi

Property features AI

Finance

• Financial info: Down payment assistance resources availableApproved for short sale
• HOA & community: Mandatory HOAHOA fee $435 annuallyAssociation transfer fee $250Subdivision: Butterfield RanchCommunity amenities include park/playground, jogging trails and bike trails

Exterior

• Parking: 2-car garage
• Utilities: Water provided by SAWSSewer provided by SAWSElectricity provided by CPSCity garbage service
• Home design: Pre-owned single-family homeApproximate age: 4 yearsEntry with a small entry area (8 x 7)
• Construction: Brick and siding exteriorSlab foundationComposition roofBuilt by Raush Coleman
• Exterior features: Privacy fenceStreet paved with curbs, gutters and sidewalks

Interior

• Kitchen: Kitchen (15 x 11)Smooth cooktopMicrowaveDishwasherDisposalIce maker connectionStove/Range
• Bedrooms: Master bedroom on lower level with full bath (13 x 13)Bedroom 2 (11 x 10)Bedroom 3 (11 x 10)Bedroom 4 (11 x 10)
• Flooring: CarpetingVinyl flooring
• Bathrooms: 2 full bathroomsMaster bath with tub/shower combination (11 x 9)
• Heating & cooling: Central heating (electric)Central air conditioning
• Interior features: One living areaGround level / no stepsCable TV availableAttic with pull-down stairsSome window coverings remainCity garbage service
• Laundry & utility: Laundry room on main levelWasher connectionDryer connectionUtility room (6 x 5)

HOA detail $36/mo · $432/yr

• Likely covers: landscaping

Listing history 50 events

1. 2026-08-08
   statusdays on market $215,000 Active 121 DOM
2. 2026-08-06
   days on market $215,000 Price Change 119 DOM
3. 2026-08-05
   days on market $215,000 Price Change 118 DOM
4. 2026-08-04
   days on market $215,000 Price Change 117 DOM
5. 2026-08-03
   days on market $215,000 Price Change 116 DOM
6. 2026-07-31
   days on market $215,000 Price Change 113 DOM
7. 2026-07-30
   days on market $215,000 Price Change 111 DOM
8. 2026-07-28
   pricedays on market $215,000 Price Change 110 DOM
9. 2026-07-26
   days on market $185,000 Price Change 108 DOM
10. 2026-07-24
    days on market $185,000 Price Change 106 DOM
11. 2026-07-23
    days on market $185,000 Price Change 105 DOM
12. 2026-07-22
    pricestatusdays on market $185,000 Price Change 104 DOM
13. 2026-07-21
    days on market $196,000 Active 103 DOM
14. 2026-07-20
    days on market $196,000 Active 102 DOM
15. 2026-07-18
    days on market $196,000 Active 100 DOM
16. 2026-07-18
    days on market $196,000 Active 99 DOM
17. 2026-07-16
    days on market $196,000 Active 98 DOM
18. 2026-07-15
    days on market $196,000 Active 97 DOM
19. 2026-07-14
    days on market $196,000 Active 96 DOM
20. 2026-07-13
    days on market $196,000 Active 95 DOM
21. 2026-07-13
    days on market $196,000 Active 94 DOM
22. 2026-07-11
    days on market $196,000 Active 93 DOM
23. 2026-07-10
    days on market $196,000 Active 92 DOM
24. 2026-07-09
    days on market $196,000 Active 91 DOM
25. 2026-07-07
    days on market $196,000 Active 89 DOM
26. 2026-07-06
    days on market $196,000 Active 88 DOM
27. 2026-07-05
    days on market $196,000 Active 87 DOM
28. 2026-07-03
    days on market $196,000 Active 85 DOM
29. 2026-07-02
    days on market $196,000 Active 84 DOM
30. 2026-07-01
    days on market $196,000 Active 83 DOM
31. 2026-06-30
    days on market $196,000 Active 82 DOM
32. 2026-06-29
    days on market $196,000 Active 81 DOM
33. 2026-06-28
    days on market $196,000 Active 80 DOM
34. 2026-06-27
    days on market $196,000 Active 79 DOM
35. 2026-06-26
    days on market $196,000 Active 78 DOM
36. 2026-06-24
    days on market $196,000 Active 76 DOM
37. 2026-06-22
    days on market $196,000 Active 74 DOM
38. 2026-06-21
    days on market $196,000 Active 73 DOM
39. 2026-06-18
    days on market $196,000 Active 70 DOM
40. 2026-06-17
    days on market $196,000 Active 69 DOM
41. 2026-06-16
    days on market $196,000 Active 68 DOM
42. 2026-06-15
    days on market $196,000 Active 67 DOM
43. 2026-06-13
    days on market $196,000 Active 65 DOM
44. 2026-06-09
    days on market $196,000 Active 61 DOM
45. 2026-06-08
    days on market $196,000 Active 60 DOM
46. 2026-06-07
    days on market $196,000 Active 59 DOM
47. 2026-06-04
    days on market $196,000 Active 56 DOM
48. 2026-06-03
    days on market $196,000 Active 55 DOM
49. 2026-06-02
    days on market $196,000 Active 54 DOM
50. 2026-06-01
    days on market $196,000 Active 53 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: $4,936 · $411/mo
• Projected year-2 tax: $4,936 · $411/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 4/10 Moderate
• 🌡 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 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,043
• − Mortgage interest: −$12,043
• − Property taxes: −$4,936
• − Insurance: −$1,075
• − Repairs & maintenance: −$1,603
• − Management: −$1,603
• − HOA: −$432
• − Depreciation: −$6,255
• Taxable loss: −$7,905
• Est. tax savings @ 24.0%: +$1,897
• After-tax cash flow: $-2,242/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 Cosmetic rehab Est. rehab $7,290–$21,870 screening

This single-story home in Butterfield Ranch offers a good condition with a good curb appeal and a good interior layout. It is ready for a fresh coat of paint and some landscaping to further enhance its value.

Value-add opportunities

• Both Painting the exterior and interior walls — Enhances curb appeal and interior aesthetics. ↑
• Both Landscaping the front yard — Improves curb appeal and adds value. ↑
• Resale Upgrading the kitchen appliances — Modernizes the kitchen and appeals to potential buyers. ↑
• Both Adding a smart home system — Enhances convenience and adds value for both buyers and renters. ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 21/100

Zoned Schools

Elementary Harmony El F TX #3,739/4,322 Nat'l #34,564/41,679 Middle East Central Heritage Middle F TX #1,478/1,662 Nat'l #12,017/14,009 High East Central H S F TX #1,264/1,632 Nat'l #12,478/17,239

Schools (NCES district)

• District: East Central ISD
• NCES district ID: 4817850
• Math proficiency: 16% ▼ -12.00%
• Reading proficiency: 25% ▼ -6.00%
• Median HH income: $53,941
• Composite: 18.67/100
• National rank: #8887
• State rank: #758 of 826 in TX

D Composite livability gradescore 58/100

Livability — Elmendorf

• Score: 58/100
• State rank: #1189
• US rank: #20804

Category grades

Amenities F Commute F Cost of living A+ Crime A Employment F Housing A+ Health & safety F User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Elmendorf, TX
• County: Bexar · 2,336,851 people
• Metro: San Antonio-New Braunfels, TX
• Population (ZIP): 9,959
• Household income: $54,445
• Rent vs Own: 10.8% rent · 89.2% own

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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%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (72%)
• Race & ethnicity: Hispanic / Latino 72% Two or more races 39% White 24% Asian 1%
• Hispanic origin (detail): Mexican 64%
• Common ancestry: Lithuanian 1%
• Foreign-born: 14% · Canada
• Languages at home: 57% English-only · Spanish 42% Tagalog/Filipino 1%

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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: ▼ -0.17%
• Current HPI: 276.3302
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

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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

Property features AI

Finance

• Financial info: Down payment assistance resources availableApproved for short sale
• HOA & community: Mandatory HOAHOA fee $435 annuallyAssociation transfer fee $250Subdivision: Butterfield RanchCommunity amenities include park/playground, jogging trails and bike trails

Exterior

• Parking: 2-car garage
• Utilities: Water provided by SAWSSewer provided by SAWSElectricity provided by CPSCity garbage service
• Home design: Pre-owned single-family homeApproximate age: 4 yearsEntry with a small entry area (8 x 7)
• Construction: Brick and siding exteriorSlab foundationComposition roofBuilt by Raush Coleman
• Exterior features: Privacy fenceStreet paved with curbs, gutters and sidewalks

Interior

• Kitchen: Kitchen (15 x 11)Smooth cooktopMicrowaveDishwasherDisposalIce maker connectionStove/Range
• Bedrooms: Master bedroom on lower level with full bath (13 x 13)Bedroom 2 (11 x 10)Bedroom 3 (11 x 10)Bedroom 4 (11 x 10)
• Flooring: CarpetingVinyl flooring
• Bathrooms: 2 full bathroomsMaster bath with tub/shower combination (11 x 9)
• Heating & cooling: Central heating (electric)Central air conditioning
• Interior features: One living areaGround level / no stepsCable TV availableAttic with pull-down stairsSome window coverings remainCity garbage service
• Laundry & utility: Laundry room on main levelWasher connectionDryer connectionUtility room (6 x 5)

Price history

-25.9% since first listed

5 events — show timeline

• 2026-04-09 Listed $196,000 LERA
• 2022-12-03 Listing Removed — LERA
• 2022-11-30 Sold (MLS) — LERA
• 2022-09-23 Price Changed $251,990 LERA
• 2022-08-24 Listed $264,470 LERA

Property tax history

+89.9%/yr

Latest (2025): $4,936 · +1.1% YoY. Source: county tax records.