18066 La Gloria Rd · Elmendorf, TX 78112

$154,000

3 bd · 2.0 ba · 1,344 sqft · SingleFamily · 57 Days on market

Good condition 5,571 sqft lot $115/sqft · 39% below area Est $251k · 39% under

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Why this score? — see what drove the B- 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 +22.9/30.0
• ARV discount +15.0/15.0
• DSCR +7.3/10.0
• 1% rule +6.0/10.0
• Appreciation +4.9/10.0
• Condition / age +4.0/5.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Schools +1.9/10.0

Listing remarks MLS

Seller financing available!! Welcome to your dream home in Elmendorf, Texas! This charming 3-bed, 2-bath residence welcomes you with cozy vibes and a spacious kitchen, perfect for creating cherished family memories. Nestled in a tranquil neighborhood, this home offers a perfect blend of comfort and style. Explore the inviting living spaces, relax in the well-appointed bedrooms, and envision a life of warmth and contentment. Don't miss the chance to make this delightful haven your own!

Key facts

• Fully remodeled
• Private lot
• Spacious kitchen

Tags

• FULLY REMODELED
• SPACIOUS KITCHEN
• PRIVATE LOT

Property features AI

Exterior

• Utilities: Septic
• Home design: Pre-owned property
• Construction: Metal roof; Other foundation (see remarks)
• Exterior features: Siding exterior; Park/playground, jogging trails, basketball court, volleyball court in the community

Interior

• Kitchen: Stove/Range; Dishwasher
• Bedrooms: Primary bedroom 17 x 16 with full bath; Bedroom 2 14 x 14; Bedroom 3 15 x 15
• Flooring: Laminate flooring
• Bathrooms: 2 full bathrooms; Primary bathroom 15 x 15 with shower-only
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; 1 living area
• Laundry & utility: Washer connection; Dryer connection

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $154k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $270 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $154k).
• Recommended offer: $149k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.4% vs local median 3.6% in Elmendorf — 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 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: Pre/K For Sa - East Central Isd (24 students, 75% 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 63% FRL track the district average.
• Market conditions: 451 active listings in the ZIP; 8,308 units permitted in Bexar County in 2024 (2,506 in 5+ unit buildings).

Forward outlook

• In year one you build about $811 of equity ($1k loan paydown + $-254 appreciation (-0.2% local appreciation)).
• Bexar County population projected at +50% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-0.2% appreciation + 3.0% rent growth), your $43k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 57 days — a 3% lower offer ($149k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 2y ago; this cycle's ask is 8700% 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; moderate wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $149,380 (3.0% below list)

Questions for the listing agent

1. It's been on market 57 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.10% ✓
• Cap rate: 8.40%
• Cash-on-cash: 7.52%
• DSCR: 1.33
• GRM: 7.6

CMA / ARV

• ARV (median comp): $250,629
• List price: $154,000
• Delta: -38.55%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
18494 Old Corpus Christi	0.68mi	3/2.0	1,458 (+8%)	6mo	$265,000	$182	49

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: 5.7%
• Equity multiple: 1.27×
• Total profit: $11,541
• Equity at exit: $43,449

10-year hold

• IRR: 11.1%
• Equity multiple: 2.19×
• Total profit: $51,184
• Equity at exit: $51,227

Cash invested: $43,120 (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 78112

• Home prices YoY: -0.1%
• Active inventory: 451
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $1,689 medium
• Mortgage (P&I): −$808
• Tax est. 1.5%: −$192 /mo · $2,310/yr
• Insurance: −$64
• HOA: −$0
• Vacancy / Maint / Mgmt: −$355
• Net cashflow: $270

Break-even live

Break-even rent $1,347

Max offer price $154,000

Occupancy floor 79%

Sensitivity live

Price	-10% $377	-5% $323	+0% $270	+5% $217	+10% $164
Rent	-10% $137	-5% $204	+0% $270	+5% $337	+10% $404
Rate	-1.0pp $348	-0.5pp $309	base $270	+0.5pp $230	+1.0pp $190

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: $38,500
• Closing costs: $4,620
• Reserves months: —
• Total cash needed: —

Listing history 25 events

1. 2026-06-21
   days on market $154,000 Active 57 DOM
2. 2026-06-18
   days on market $154,000 Active 54 DOM
3. 2026-06-17
   days on market $154,000 Active 53 DOM
4. 2026-06-16
   days on market $154,000 Active 52 DOM
5. 2026-06-15
   days on market $154,000 Active 51 DOM
6. 2026-06-13
   days on market $154,000 Active 49 DOM
7. 2026-06-09
   days on market $154,000 Active 45 DOM
8. 2026-06-08
   days on market $154,000 Active 44 DOM
9. 2026-06-07
   days on market $154,000 Active 43 DOM
10. 2026-06-04
    days on market $154,000 Active 40 DOM
11. 2026-06-03
    days on market $154,000 Active 39 DOM
12. 2026-06-02
    days on market $154,000 Active 38 DOM
13. 2026-06-01
    days on market $154,000 Active 37 DOM
14. 2026-05-31
    days on market $154,000 Active 36 DOM
15. 2026-05-14
    listed $1,750
16. 2026-04-25
    listed $154,000 New 1026-char remark
17. 2026-04-25
    historical
18. 2025-12-16
    price $154,999
19. 2025-11-13
    listed $159,999 New
20. 2024-06-10
    status Pending

    Show marketing remark (489 chars)

    Seller financing available!! Welcome to your dream home in Elmendorf, Texas! This charming 3-bed, 2-bath residence welcomes you with cozy vibes and a spacious kitchen, perfect for creating cherished family memories. Nestled in a tranquil neighborhood, this home offers a perfect blend of comfort and style. Explore the inviting living spaces, relax in the well-appointed bedrooms, and envision a life of warmth and contentment. Don't miss the chance to make this delightful haven your own!

21. 2024-06-07
    soldstatus Sold

    Show marketing remark (489 chars)

    Seller financing available!! Welcome to your dream home in Elmendorf, Texas! This charming 3-bed, 2-bath residence welcomes you with cozy vibes and a spacious kitchen, perfect for creating cherished family memories. Nestled in a tranquil neighborhood, this home offers a perfect blend of comfort and style. Explore the inviting living spaces, relax in the well-appointed bedrooms, and envision a life of warmth and contentment. Don't miss the chance to make this delightful haven your own!

22. 2024-05-10
    price $164,000

    Show marketing remark (489 chars)

    Seller financing available!! Welcome to your dream home in Elmendorf, Texas! This charming 3-bed, 2-bath residence welcomes you with cozy vibes and a spacious kitchen, perfect for creating cherished family memories. Nestled in a tranquil neighborhood, this home offers a perfect blend of comfort and style. Explore the inviting living spaces, relax in the well-appointed bedrooms, and envision a life of warmth and contentment. Don't miss the chance to make this delightful haven your own!

23. 2024-04-12
    price $169,000

    Show marketing remark (489 chars)

    Seller financing available!! Welcome to your dream home in Elmendorf, Texas! This charming 3-bed, 2-bath residence welcomes you with cozy vibes and a spacious kitchen, perfect for creating cherished family memories. Nestled in a tranquil neighborhood, this home offers a perfect blend of comfort and style. Explore the inviting living spaces, relax in the well-appointed bedrooms, and envision a life of warmth and contentment. Don't miss the chance to make this delightful haven your own!

24. 2024-02-25
    price $174,000

    Show marketing remark (489 chars)

    Seller financing available!! Welcome to your dream home in Elmendorf, Texas! This charming 3-bed, 2-bath residence welcomes you with cozy vibes and a spacious kitchen, perfect for creating cherished family memories. Nestled in a tranquil neighborhood, this home offers a perfect blend of comfort and style. Explore the inviting living spaces, relax in the well-appointed bedrooms, and envision a life of warmth and contentment. Don't miss the chance to make this delightful haven your own!

25. 2024-01-30
    listed $179,000 New

    Show marketing remark (489 chars)

    Seller financing available!! Welcome to your dream home in Elmendorf, Texas! This charming 3-bed, 2-bath residence welcomes you with cozy vibes and a spacious kitchen, perfect for creating cherished family memories. Nestled in a tranquil neighborhood, this home offers a perfect blend of comfort and style. Explore the inviting living spaces, relax in the well-appointed bedrooms, and envision a life of warmth and contentment. Don't miss the chance to make this delightful haven your own!

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 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: $20,271
• − Mortgage interest: −$8,626
• − Property taxes: −$2,310
• − Insurance: −$770
• − Repairs & maintenance: −$1,622
• − Management: −$1,622
• − Depreciation: −$4,480
• Taxable income: $841
• Est. tax owed @ 24.0%: −$202
• After-tax cash flow: $3,041/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

This fully remodeled double-wide mobile home offers a spacious and modern living experience with fresh paint, modern appliances, and a well-maintained exterior.

Value-add opportunities

• Both Paint exterior siding — Enhances curb appeal and value
• Both Replace window blinds — Modernizes look and improves energy efficiency
• Both Install smart home devices — Enhances convenience and marketability

Renovation cost estimate screening

Value-add ROI direction

• Both Paint exterior siding — Enhances curb appeal and value ↑
• Both Replace window blinds — Modernizes look and improves energy efficiency ↑
• Both Install smart home devices — Enhances convenience and marketability ↑

ⓘ 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: 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

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

• Population (ZIP): 9,959

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 (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%

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

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

-99.0% since first listed

11 events — show timeline

• 2026-05-14 Listed for Rent $1,750 RENTSPREE
• 2026-04-25 Listing Removed — LERA
• 2026-04-25 Listed $154,000 LERA
• 2025-12-16 Price Changed $154,999 LERA
• 2025-11-13 Listed $159,999 LERA
• 2024-06-10 Pending — LERA
• 2024-06-07 Sold (MLS) — LERA
• 2024-05-10 Price Changed $164,000 LERA
• 2024-04-12 Price Changed $169,000 LERA
• 2024-02-25 Price Changed $174,000 LERA
• 2024-01-30 Listed $179,000 LERA