310 Chipinque · San Antonio, TX 78237

$150,000

2 bd · 1.0 ba · 728 sqft · SingleFamily public records · 241 Days on market

Built 1964 5,967 sqft lot

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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).

• Appreciation +10.0/10.0
• Cash flow +9.1/30.0
• ARV discount +7.5/15.0
• Rent growth +4.0/5.0
• Livability +4.0/5.0
• DSCR +2.6/10.0
• Condition / age +2.5/5.0
• 1% rule +2.4/10.0
• Schools +1.3/10.0

Listing remarks

A beautifully maintained San Antonio home full of character and charm. Featuring warm wood floors throughout and tile in the kitchen, this move-in ready property offers comfort and style. The spacious backyard is perfect for entertaining or relaxing under mature pecan trees, complete with a detached storage shed for added convenience. Located near schools, parks, and major highways - this home is ready for you to make it your own!

Key facts

• Mature pecan trees
• Tile in the kitchen
• Spacious backyard

Tags

• WOOD FLOORS
• TILE IN THE KITCHEN
• SPACIOUS BACKYARD
• MATURE PECAN TREES
• DETACHED STORAGE SHED

Property features AI

Finance

• Financial info: Down payment assistance resources available
• HOA & community: Located in Gardendale Area 8 Ed subdivision

Exterior

• Utilities: Gas supplied by CPS; Electricity supplied by CPS; Water and sewer provided by SAWS; City garbage service; Sewer system
• Home design: Pre-owned home; Wood exterior
• Construction: Approximately 61 years old; Slab foundation; Composition roof
• Exterior features: Chain link fence; Mature trees

Interior

• Kitchen: Gas cooking
• Bedrooms: Master bedroom on lower level (10 x 10); Second bedroom (10 x 10)
• Flooring: Ceramic tile; Wood flooring
• Bathrooms: One full bathroom
• Heating & cooling: Electric heat; Window unit heating; Three or more window air conditioners
• Interior features: Ceiling fans; Chandelier; Washer and dryer connections; Gas cooking; Gas water heater; One living area; Utility room inside; Some window coverings remain
• Laundry & utility: Washer connection; Dryer connection; Utility room inside

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $-114 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $130k (13.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $111k (26.1% below list).
• Recommended offer: $111k (26.1% below list) — sets the bar for 1% rule.
• Cap rate 5.4% 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.
• Edgewood ISD (urban): math 12% / reading 21% proficiency, ranked #812 of 826 in TX (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Alonso S Perales El (math 22% / reading 27%, grade F, #3,052 of 4,322 statewide, top 74%, 353 students, 93% FRL); Brentwood Middle (math 12% / reading 21%, grade F, #1,536 of 1,662 statewide, top 93%, 600 students, 95% FRL, charter); John F Kennedy H S (math 17% / reading 18%, grade F, #1,451 of 1,632 statewide, top 89%, 1,042 students, 92% FRL) — zoned schools average 93% FRL vs 24% district-wide (69 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+6.1%/yr); 140 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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 31% of the median local income ($43k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $16k of equity ($1k loan paydown + $15k appreciation (10.0% local appreciation)).
• Bexar County population projected at +50% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 3, paydown + projected appreciation supports a ~$41k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 241 days — a 12% lower offer ($132k) is reasonable based on typical stale-listing flexibility.

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 $110,829 (26.1% 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 241 days. Have you received any prior offers? Is the seller open to a 26% concession, seller financing, or rate buy-down credit?
3. Built in 1964 — 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: 0.74% ✗
• Cap rate: 5.38%
• Cash-on-cash: -3.26%
• DSCR: 0.86
• GRM: 11.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 6.13% rent growth · sell at horizon

5-year hold

• IRR: 22.9%
• Equity multiple: 2.86×
• Total profit: $78,018
• Equity at exit: $135,132

10-year hold

• IRR: 21.2%
• Equity multiple: 6.80×
• Total profit: $243,726
• Equity at exit: $291,417

Cash invested: $42,000 (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 78237

• Home prices YoY: 14.1%
• Rents YoY: 6.1%
• Active inventory: 140
• Price-to-rent: 11.3×

Monthly cashflow live

• Estimated rent: $1,108 medium
• Mortgage (P&I): −$787
• Tax from tax record: −$140 /mo · $1,686/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$233
• Net cashflow: $-114

Break-even live

Break-even rent $1,253

Max offer price $129,855

Occupancy floor —

Sensitivity live

Price	-10% $-29	-5% $-72	+0% $-114	+5% $-156	+10% $-199
Rent	-10% $-202	-5% $-158	+0% $-114	+5% $-70	+10% $-26
Rate	-1.0pp $-38	-0.5pp $-76	base $-114	+0.5pp $-153	+1.0pp $-192

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3017 Colima St San Antonio, TX	1.0	1.0	480	$800	$1.67	45d	1	1.14mi
2721 Colima St San Antonio, TX	2.0	1.0	700	$1,250	$1.79	16d	1	1.30mi
2003 S Zarzamora St San Antonio, TX	1.0–4.0	1.0–2.0	1028	$1,120	$1.09	25d	1	1.42mi
1938 S Zarzamora St Unit 610 San Antonio, TX	1.0	1.0	744	$907	$1.22	0d	1	1.46mi

Listing history 17 events

1. 2026-06-21
   days on market $150,000 Active 241 DOM
2. 2026-06-21
   days on market $150,000 Active 240 DOM
3. 2026-06-18
   days on market $150,000 Active 238 DOM
4. 2026-06-17
   days on market $150,000 Active 237 DOM
5. 2026-06-16
   days on market $150,000 Active 236 DOM
6. 2026-06-15
   days on market $150,000 Active 235 DOM
7. 2026-06-13
   days on market $150,000 Active 233 DOM
8. 2026-06-12
   days on market $150,000 Active 232 DOM
9. 2026-06-09
   days on market $150,000 Active 229 DOM
10. 2026-06-08
    days on market $150,000 Active 228 DOM
11. 2026-06-08
    days on market $150,000 Active 227 DOM
12. 2026-06-07
    days on market $150,000 Active 226 DOM
13. 2026-06-03
    days on market $150,000 Active 223 DOM
14. 2026-06-02
    days on market $150,000 Active 222 DOM
15. 2026-06-01
    days on market $150,000 Active 221 DOM
16. 2026-05-31
    remarks 434-char remark
17. 2026-05-31
    listed $150,000 Active 220 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: $1,686 · $140/mo
• Projected year-2 tax: $2,745 · $229/mo
• Expected delta: +$1,059/yr (+$88/mo · 62.8%)

ⓘ 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 1/10 Low
• 🌡 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 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,299
• − Mortgage interest: −$8,402
• − Property taxes: −$1,686
• − Insurance: −$750
• − Repairs & maintenance: −$1,064
• − Management: −$1,064
• − Depreciation: −$4,364
• Taxable loss: −$4,030
• Est. tax savings @ 24.0%: +$967
• After-tax cash flow: $-401/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: Edgewood ISD
• NCES district ID: 4818150
• Math proficiency: 12% ▼ -18.00%
• Reading proficiency: 21% ▼ -5.00%
• Median HH income: $27,419
• Composite: 12.82/100
• National rank: #9597
• State rank: #812 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): 37,379
• Household income: $42,772
• Rent vs Own: 38.7% rent · 61.3% own
• Severe rent burden: 1185.0

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 (95%)
• Race & ethnicity: Hispanic / Latino 95% Two or more races 50% White 3% Native American 2% Black 2%
• Hispanic origin (detail): Mexican 84%
• Foreign-born: 18% · Canada
• Languages at home: 34% English-only · Spanish 66%

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: ▲ 30.52%
• Current HPI: 247.7257
• Rent YoY: ▲ 6.13%
• 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

1 event — show timeline

• 2025-10-23 Listed $150,000 LERA

Property tax history

+4.9%/yr

Latest (2025): $1,686 · +10.0% YoY. Source: county tax records.