1703 San Casimiro · San Antonio, TX 78214

$199,900

3 bd · 3.0 ba · 1,550 sqft · SingleFamily public records · 214 Days on market

Built 1950 0.29 ac lot $129/sqft · 18% below area Est $243k · 18% under ↓ 7% 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 +15.0/15.0
• Cash flow +10.1/30.0
• Livability +4.0/5.0
• DSCR +2.9/10.0
• 1% rule +2.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Set on a rare DOUBLE LOT just over a mile from Mission Espada and the Mission Trails, this spacious one-story home blends comfort, convenience, and room to grow. With three bedrooms (and the possibility of a 4th), three THREE FULL BATHROOMS -including an oversized bath designed for extra space or assistance-and two living areas, there's flexibility for every need. One of the living areas is expansive, perfect for gatherings or a multipurpose setup. The oversized primary suite offers a private retreat, while outdoors you'll find mature trees, full fencing, and three storage buildings ready for your projects and storage needs. Quick access to Hwy 410 makes getting around the city easy.

Key facts

• Double lot
• Full fencing
• Mature trees

Tags

• DOUBLE LOT
• THREE STORAGE BUILDINGS
• MATURE TREES
• FULL FENCING
• EXPANSIVE LIVING AREA

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $-117 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $179k (10.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $150k (25.1% below list).
• Recommended offer: $150k (25.1% below list) — sets the bar for 1% rule.
• Cap rate 5.6% 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.
• Southside ISD (rural): math 16% / reading 25% proficiency, ranked #771 of 826 in TX (top 93%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 76% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 151 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 8,308 units permitted in Bexar County in 2024 (2,506 in 5+ unit buildings).
• This rent runs 40% of the median local income ($45k/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 $1k of loan paydown is wiped out by about $6k 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 214 days — a 12% lower offer ($176k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $15k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• 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 $149,738 (25.1% 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 214 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
3. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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: 0.75% ✗
• Cap rate: 5.59%
• Cash-on-cash: -2.50%
• DSCR: 0.89
• GRM: 11.1

CMA / ARV

• ARV (median comp): $242,805
• List price: $199,900
• Delta: -17.67%
• 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
10628 Munoz Mnr	0.61mi	3/2.0	1,634 (+5%)	2mo	$235,999	$144	57
10331 Bustillos Cv	0.63mi	4/2.0 (+1)	1,483 (-4%)	2mo	$191,999	$129	53
10713 Aqueduct Crk	0.72mi	4/2.0 (+1)	1,483 (-4%)	1mo	$202,499	$137	49
10470 Pacaos Pl	0.74mi	4/2.0 (+1)	1,483 (-4%)	2mo	$205,999	$139	48
10628 Fannin Way	0.54mi	4/2.0 (+1)	1,386 (-11%)	1mo	$176,999	$128	47
10636 Fannin Way	0.55mi	4/2.0 (+1)	1,386 (-11%)	1mo	$169,999	$123	47
10415 Pacaos Pl	0.68mi	4/2.5 (+1)	1,692 (+9%)	2mo	$218,999	$129	45
10418 Pacaos Pl	0.69mi	3/2.0	1,380 (-11%)	2mo	$157,999	$114	44
10705 Aqueduct Crk	0.71mi	4/2.5 (+1)	1,692 (+9%)	0mo	$215,499	$127	44
10442 Pacaos Pl	0.72mi	4/2.5 (+1)	1,692 (+9%)	1mo	$217,999	$129	43
10717 Aqueduct Crk	0.73mi	4/2.5 (+1)	1,692 (+9%)	1mo	$223,499	$132	43
10462 Pacaos Pl	0.75mi	4/2.5 (+1)	1,692 (+9%)	1mo	$211,999	$125	42

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -20.5%
• Equity multiple: 0.29×
• Total profit: $-39,851
• Equity at exit: $29,806

10-year hold

• IRR: -13.7%
• Equity multiple: 0.21×
• Total profit: $-44,383
• Equity at exit: $17,284

Cash invested: $55,972 (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 78214

• Home prices YoY: -4.6%
• Active inventory: 151
• Price-to-rent: 11.1×

Monthly cashflow live

• Estimated rent: $1,497 high
• Mortgage (P&I): −$1,048
• Tax from tax record: −$168 /mo · $2,016/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$314
• Net cashflow: $-117

Break-even live

Break-even rent $1,645

Max offer price $179,289

Occupancy floor —

Sensitivity live

Price	-10% $-4	-5% $-60	+0% $-117	+5% $-173	+10% $-230
Rent	-10% $-235	-5% $-176	+0% $-117	+5% $-58	+10% $2
Rate	-1.0pp $-16	-0.5pp $-66	base $-117	+0.5pp $-168	+1.0pp $-221

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: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1622 Saenz San Antonio, TX	3.0	2.0	1298	$1,475	$1.14	23d	1	0.07mi
1803 Marshall Cross San Antonio, TX	1.0–3.0	1.0–2.0	942	$1,425	$1.51	3d	38	0.13mi
10628 Aqueduct Crk San Antonio, TX	4.0	2.0	1500	$1,700	$1.13	45d	1	0.69mi
1015 Catalonia Pass San Antonio, TX	3.0	2.0	1280	$1,600	$1.25	5d	1	0.85mi
1011 Catalonia Pass San Antonio, TX	3.0	2.5	1470	$1,700	$1.16	25d	1	0.86mi
1119 Jordan Xing San Antonio, TX	3.0	2.0	1276	$1,795	$1.41	45d	1	1.03mi
9879 Chavaneaux Lndg San Antonio, TX	4.0	2.0	1585	$1,700	$1.07	25d	1	1.17mi
15949 S Flores St San Antonio, TX	3.0	2.0	1232	$1,475	$1.20	45d	1	1.31mi
15966 S Flores St San Antonio, TX	3.0	2.0	1242	$1,585	$1.28	45d	1	1.33mi
9419 Platte Pl San Antonio, TX	3.0	2.5	1780	$1,799	$1.01	12d	1	1.35mi
9406 Hinterlands Dr San Antonio, TX	3.0	2.0	1675	$1,899	$1.13	19d	1	1.44mi
12910 Clubhouse Blvd San Antonio, TX	1.0–3.0	1.0–2.0	920	$1,384	$1.50	3d	27	1.44mi
8930 Scarlett Pl San Antonio, TX	4.0	2.5	1956	$1,700	$0.87	45d	1	1.45mi
11426 Four Iron Way San Antonio, TX	4.0	2.5	1814	$1,695	$0.93	5d	1	1.45mi
619 Pleasanton Way San Antonio, TX	3.0	2.0	1336	$1,495	$1.12	25d	1	1.47mi
8919 Scarlett Pl San Antonio, TX	3.0	2.5	1777	$1,645	$0.93	25d	1	1.48mi

Listing history 19 events

1. 2026-06-21
   days on market $199,900 Active 214 DOM
2. 2026-06-18
   days on market $199,900 Active 211 DOM
3. 2026-06-17
   days on market $199,900 Active 210 DOM
4. 2026-06-16
   days on market $199,900 Active 209 DOM
5. 2026-06-15
   days on market $199,900 Active 208 DOM
6. 2026-06-13
   days on market $199,900 Active 206 DOM
7. 2026-06-13
   days on market $199,900 Active 205 DOM
8. 2026-06-09
   days on market $199,900 Active 202 DOM
9. 2026-06-08
   days on market $199,900 Active 201 DOM
10. 2026-06-07
    days on market $199,900 Active 200 DOM
11. 2026-06-04
    days on market $199,900 Active 197 DOM
12. 2026-06-03
    days on market $199,900 Active 196 DOM
13. 2026-06-02
    days on market $199,900 Active 195 DOM
14. 2026-06-01
    days on market $199,900 Active 194 DOM
15. 2026-05-31
    days on market $199,900 Active 193 DOM
16. 2026-03-25
    status Back on Market 692-char remark

    Show marketing remark (692 chars)

    Set on a rare DOUBLE LOT just over a mile from Mission Espada and the Mission Trails, this spacious one-story home blends comfort, convenience, and room to grow. With three bedrooms (and the possibility of a 4th), three THREE FULL BATHROOMS -including an oversized bath designed for extra space or assistance-and two living areas, there's flexibility for every need. One of the living areas is expansive, perfect for gatherings or a multipurpose setup. The oversized primary suite offers a private retreat, while outdoors you'll find mature trees, full fencing, and three storage buildings ready for your projects and storage needs. Quick access to Hwy 410 makes getting around the city easy.

17. 2026-02-12
    historical 692-char remark

    Show marketing remark (692 chars)

    Set on a rare DOUBLE LOT just over a mile from Mission Espada and the Mission Trails, this spacious one-story home blends comfort, convenience, and room to grow. With three bedrooms (and the possibility of a 4th), three THREE FULL BATHROOMS -including an oversized bath designed for extra space or assistance-and two living areas, there's flexibility for every need. One of the living areas is expansive, perfect for gatherings or a multipurpose setup. The oversized primary suite offers a private retreat, while outdoors you'll find mature trees, full fencing, and three storage buildings ready for your projects and storage needs. Quick access to Hwy 410 makes getting around the city easy.

18. 2025-10-31
    price $199,900 692-char remark

    Show marketing remark (692 chars)

    Set on a rare DOUBLE LOT just over a mile from Mission Espada and the Mission Trails, this spacious one-story home blends comfort, convenience, and room to grow. With three bedrooms (and the possibility of a 4th), three THREE FULL BATHROOMS -including an oversized bath designed for extra space or assistance-and two living areas, there's flexibility for every need. One of the living areas is expansive, perfect for gatherings or a multipurpose setup. The oversized primary suite offers a private retreat, while outdoors you'll find mature trees, full fencing, and three storage buildings ready for your projects and storage needs. Quick access to Hwy 410 makes getting around the city easy.

19. 2025-10-09
    listed $215,000 New 692-char remark

    Show marketing remark (692 chars)

    Set on a rare DOUBLE LOT just over a mile from Mission Espada and the Mission Trails, this spacious one-story home blends comfort, convenience, and room to grow. With three bedrooms (and the possibility of a 4th), three THREE FULL BATHROOMS -including an oversized bath designed for extra space or assistance-and two living areas, there's flexibility for every need. One of the living areas is expansive, perfect for gatherings or a multipurpose setup. The oversized primary suite offers a private retreat, while outdoors you'll find mature trees, full fencing, and three storage buildings ready for your projects and storage needs. Quick access to Hwy 410 makes getting around the city easy.

ⓘ 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: $2,016 · $168/mo
• Projected year-2 tax: $3,658 · $305/mo
• Expected delta: +$1,642/yr (+$137/mo · 81.4%)

ⓘ 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 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,969
• − Mortgage interest: −$11,198
• − Property taxes: −$2,016
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,437
• − Management: −$1,437
• − Depreciation: −$5,815
• Taxable loss: −$4,935
• Est. tax savings @ 24.0%: +$1,184
• After-tax cash flow: $-216/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: Southside ISD
• NCES district ID: 4840920
• Math proficiency: 16% ▼ -15.00%
• Reading proficiency: 25% ▼ -2.00%
• Median HH income: $43,526
• Composite: 17.68/100
• National rank: #9027
• State rank: #771 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): 22,118
• Household income: $44,902
• Rent vs Own: 43.5% rent · 56.5% own
• Severe rent burden: 842.0

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 (87%)
• Race & ethnicity: Hispanic / Latino 87% Two or more races 24% White 11%
• Hispanic origin (detail): Mexican 71%
• Common ancestry: Lithuanian 1% Romanian 1%
• Foreign-born: 13% · Canada
• Languages at home: 46% English-only · Spanish 54%

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: ▼ -12.02%
• Current HPI: 247.2716
• Rent YoY: —
• 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

-7.0% since first listed

4 events — show timeline

• 2026-03-25 Relisted — LERA
• 2026-02-12 Listing Removed — LERA
• 2025-10-31 Price Changed $199,900 LERA
• 2025-10-09 Listed $215,000 LERA

Property tax history

+6.1%/yr

Latest (2025): $2,016 · +9.6% YoY. Source: county tax records.