4743 Legacy Pt · San Antonio, TX 78073

$204,999

3 bd · 2.0 ba · 1,474 sqft · SingleFamily · 38 Days on market

Built 2026 Excellent condition 4,791 sqft lot $139/sqft · at area comps Est $208k · at est. $92/mo HOA · 5% of rent ↓ 2% since listing

---

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).

• Cash flow +9.0/30.0
• ARV discount +8.2/15.0
• Appreciation +6.3/10.0
• Condition / age +5.0/5.0
• Livability +4.0/5.0
• 1% rule +3.3/10.0
• DSCR +2.5/10.0
• Rent growth +2.5/5.0
• Schools +2.2/10.0

Listing remarks

The Newlin - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner's suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home. Estimated Completion July 2026. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly. Photos are for illustrative purposes only.

Key facts

• Walk-in closet
• Open floorplan
• Secondary bedrooms

Tags

• OPEN FLOORPLAN
• OWNER'S SUITE
• EN-SUITE BATHROOM
• WALK-IN CLOSET
• SECONDARY BEDROOMS

Property features AI

Finance

• Financial info: Down payment resource available
• HOA & community: Mandatory HOA; HOA fee $92 per month; Association transfer fee $450

Exterior

• Parking: 2-car garage
• Utilities: Water service: SAWS; Sewer service: SAWS; Gas supplier: CPS; Electric supplier: CPS; City garbage service
• Home design: Single-family home (new construction by Lennar); Entry on main/lower level; Cement fiber exterior; Composition roof; Slab foundation
• Construction: Built by Lennar; New construction
• Exterior features: Privacy fence

Interior

• Kitchen: Stove/Range; Dishwasher
• Bedrooms: Master bedroom on lower level with walk-in closet and full bath; Bedroom 2 approximately 11 x 10; Bedroom 3 approximately 10 x 11; Master bedroom approximately 13 x 14
• Flooring: Carpeting; Vinyl flooring
• Bathrooms: 2 full bathrooms; Master bath with shower only
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Open floor plan; Breakfast bar; Cable TV available; Utility room inside; 1 living area; All bedrooms downstairs; Walk-in closets
• Laundry & utility: Washer connection; Dryer connection; Laundry on main level

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $205k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $-163 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $181k (11.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $170k (16.9% below list).
• Recommended offer: $170k (16.9% below list) — sets the bar for 1% rule.
• Cap rate 5.3% 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.
• Southwest ISD (rural): math 21% / reading 31% proficiency, ranked #701 of 826 in TX (top 85%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 75% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Spicewood Park El (math 16% / reading 23%, grade F, #3,583 of 4,322 statewide, top 86%, 593 students, 93% FRL); Ronald E Mcnair Middle (math 27% / reading 31%, grade F, #1,103 of 1,662 statewide, top 67%, 748 students, 77% FRL); Southwest H S (math 17% / reading 39%, grade F, #1,170 of 1,632 statewide, top 72%, 2,152 students, 72% FRL).
• Market conditions: 323 active listings in the ZIP; 7 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

• In year one you build about $7k of equity ($1k loan paydown + $5k appreciation (2.6% local appreciation)).
• Bexar County population projected at +50% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 6, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($199k) is reasonable based on typical stale-listing flexibility.
• 2 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.

Recommended offer $170,338 (16.9% 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 38 days. Have you received any prior offers? Is the seller open to a 17% 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. 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. 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?
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: 0.83% ✗
• Cap rate: 5.34%
• Cash-on-cash: -3.41%
• DSCR: 0.85
• GRM: 10.0

CMA / ARV

• ARV (median comp): $208,298
• List price: $204,999
• Delta: -1.58%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4627 Legacy Trl	0.14mi	3/2.0	1,474 (0%)	2mo	$191,999	$130	92
4619 Legacy Trl	0.16mi	3/2.0	1,474 (0%)	1mo	$186,999	$127	92
4610 Legacy Trl	0.17mi	3/2.0	1,474 (0%)	1mo	$189,999	$129	91
4703 Legacy Trl	0.10mi	4/2.0 (+1)	1,667 (+13%)	1mo	$199,999	$120	68
4623 Legacy Trl	0.15mi	3/2.0	1,260 (-14%)	2mo	$180,999	$144	67
4611 Legacy Trl	0.18mi	3/2.0	1,260 (-14%)	0mo	$174,999	$139	67
4614 Legacy Trl	0.16mi	3/2.0	1,260 (-14%)	2mo	$179,999	$143	67
4639 Legacy Trl	0.12mi	4/2.0 (+1)	1,667 (+13%)	2mo	$200,999	$121	66
12922 Jeopardy Ave	0.39mi	3/2.0	1,604 (+9%)	2mo	$244,684	$153	66
4615 Legacy Trl	0.17mi	4/2.0 (+1)	1,667 (+13%)	1mo	$214,999	$129	64
4606 Legacy Trl	0.18mi	4/2.0 (+1)	1,667 (+13%)	1mo	$207,999	$125	64
4819 Maiz Vly	0.66mi	4/2.0 (+1)	1,687 (+14%)	0mo	$299,990	$178	40

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

Projected returns pro-forma

2.6% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 3.1%
• Equity multiple: 1.18×
• Total profit: $10,098
• Equity at exit: $87,607

10-year hold

• IRR: 6.7%
• Equity multiple: 1.98×
• Total profit: $56,074
• Equity at exit: $131,561

Cash invested: $57,400 (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 78073

• Home prices YoY: 0.9%
• Active inventory: 323
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $1,703 high
• Mortgage (P&I): −$1,075
• Tax est. 1.5%: −$256 /mo · $3,075/yr
• Insurance: −$85
• HOA: −$92
• Vacancy / Maint / Mgmt: −$358
• Net cashflow: $-163

Break-even live

Break-even rent $1,910

Max offer price $181,408

Occupancy floor —

Sensitivity live

Price	-10% $-21	-5% $-92	+0% $-163	+5% $-234	+10% $-305
Rent	-10% $-298	-5% $-230	+0% $-163	+5% $-96	+10% $-28
Rate	-1.0pp $-60	-0.5pp $-111	base $-163	+0.5pp $-216	+1.0pp $-270

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: $51,250
• Closing costs: $6,150
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4839 Legacy Pt Von Ormy, TX	4.0	2.0	1668	$1,795	$1.08	24d	1	0.12mi
4606 Legacy Trl Von Ormy, TX	4.0	2.0	1668	$1,695	$1.02	6d	1	0.18mi
13139 Watson Rd Von Ormy, TX	1.0–4.0	1.0–2.0	1017	$1,603	$1.58	0d	1	0.44mi
12955 Fischer Rd Von Ormy, TX	1.0–4.0	1.0–2.0	1056	$1,357	$1.28	26d	1	0.62mi
11835 Adoring Way Von Ormy, TX	4.0	2.0	1600	$1,800	$1.12	45d	1	1.25mi
11815 Adoring Way Von Ormy, TX	4.0	2.0	1600	$1,750	$1.09	45d	1	1.28mi
6002 Sliding Way Von Ormy, TX	3.0	2.0	1402	$1,425	$1.02	26d	1	1.31mi

HOA detail

• Monthly dues: $92 · $1,104/yr

Listing history 12 events

1. 2026-06-18
   price $204,999 Pending 38 DOM
2. 2026-05-31
   status $194,999 Pending 38 DOM
3. 2026-05-18
   price $194,999 399-char remark
4. 2026-05-12
   price $193,999 527-char remark
5. 2026-05-11
   price $193,999 399-char remark
6. 2026-05-06
   price $192,999 527-char remark
7. 2026-05-05
   price $192,999 399-char remark
8. 2026-05-05
   price $191,999 527-char remark
9. 2026-05-02
   price $191,999 399-char remark
10. 2026-05-01
    listed $188,999 Active 399-char remark
11. 2026-05-01
    price $188,999 527-char remark
12. 2026-04-22
    listed $208,999 New 527-char remark

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $20,441
• − Mortgage interest: −$11,483
• − Property taxes: −$3,075
• − Insurance: −$1,025
• − Repairs & maintenance: −$1,635
• − Management: −$1,635
• − HOA: −$1,104
• − Depreciation: −$5,964
• Taxable loss: −$5,481
• Est. tax savings @ 24.0%: +$1,315
• After-tax cash flow: $-641/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 · 6 photos

Excellent 100/100 None rehab

This single-level home showcases a spacious open floorplan with modern finishes and a well-maintained exterior. It is move-in ready and ready for minor updates to enhance its curb appeal and market value.

Value-add opportunities

• Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics.
• Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract potential buyers/tenants.
• Both Add smart home features — Smart home features can increase the home's appeal and market value.
• Both Install energy-efficient windows — Energy-efficient windows can reduce energy costs and improve the home's appeal.
• Both Add a smart thermostat — A smart thermostat can improve energy efficiency and comfort for potential buyers/tenants.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics. ↑
• Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract potential buyers/tenants. ↑
• Both Add smart home features — Smart home features can increase the home's appeal and market value. ↑
• Both Install energy-efficient windows — Energy-efficient windows can reduce energy costs and improve the home's appeal. ↑
• Both Add a smart thermostat — A smart thermostat can improve energy efficiency and comfort for potential buyers/tenants. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Southwest ISD
• NCES district ID: 4840950
• Math proficiency: 21% ▼ -21.00%
• Reading proficiency: 31% ▼ -5.00%
• Median HH income: $43,362
• Composite: 22.22/100
• National rank: #8153
• State rank: #701 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
• City population: 1,806,925
• Population (ZIP): 9,510

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 (81%)
• Race & ethnicity: Hispanic / Latino 81% Two or more races 33% White 16%
• Hispanic origin (detail): Mexican 75%
• Foreign-born: 12% · Canada
• Languages at home: 51% English-only · Spanish 48% German/W. Germanic 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: ▲ 2.60%
• Current HPI: 289.1266
• Rent YoY: —
• Metro: —
• 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

-1.9% since first listed

10 events — show timeline

• 2026-06-18 Price Changed $204,999 LERA
• 2026-06-18 Pending — LERA
• 2026-06-18 Relisted — LERA
• 2026-05-30 Pending — LERA
• 2026-05-21 Price Changed $194,999 LERA
• 2026-05-12 Price Changed $193,999 LERA
• 2026-05-06 Price Changed $192,999 LERA
• 2026-05-05 Price Changed $191,999 LERA
• 2026-05-01 Price Changed $188,999 LERA
• 2026-04-22 Listed $208,999 LERA