11339 Evergreen Rose · San Antonio, TX 78109

$225,999

4 bd · 2.5 ba · 1,897 sqft · SingleFamily · 38 Days on market

Built 2026 Good condition 4,791 sqft lot $119/sqft · 13% below area Est $261k · 13% under $69/mo HOA · 4% of rent ↓ 10% 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 +13.5/15.0
• Cash flow +10.0/30.0
• Livability +4.0/5.0
• Condition / age +4.0/5.0
• 1% rule +3.4/10.0
• DSCR +2.9/10.0
• Rent growth +2.2/5.0
• Schools +1.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

The first floor of this two-story home shares an open layout between the kitchen, dining area and family room for easy entertaining during special gatherings. An owner's suite is just off the shared living space and features an en-suite bathroom and walk-in closet. Upstairs are three secondary bedrooms, perfect for residents and overnight guests, as well as a versatile bonus room.

Key facts

• Walk-in closet
• Open layout
• En-suite bathroom

Tags

• OPEN LAYOUT
• OWNER'S SUITE
• EN-SUITE BATHROOM
• WALK-IN CLOSET
• VERSATILE BONUS ROOM

Property features AI

Finance

• HOA & community: Mandatory HOA (Rose Valley); HOA dues $207 quarterly; Association transfer fee $450

Exterior

• Parking: 2-car garage
• Utilities: Water system (ECSUD); City sewer; Gas service by Centric; Electric service by CPS; Garbage service by Frontier
• Home design: New construction by Lennar
• Construction: Slab foundation; Composition roof
• Exterior features: Brick, siding, and cement fiber exterior

Interior

• Kitchen: Stove/Range; Dishwasher; Kitchen approx. 14 x 10
• Bedrooms: Primary bedroom on lower level with walk-in closet and full bath; Bedroom 2 (12 x 12); Bedroom 3 (12 x 12); Bedroom 4 (10 x 14)
• Flooring: Carpeting; Vinyl flooring
• Bathrooms: 2 full bathrooms and 1 half bathroom; Primary bath with shower only and single vanity
• Heating & cooling: Central heating; Electric and natural gas heating available; Central air conditioning
• Interior features: Open floor plan with two living areas; Breakfast bar; Game room; Utility room inside; Walk-in closets; Laundry room on main level
• Laundry & utility: Washer connection; Dryer connection; Laundry on main level

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $226k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-134 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $207k (8.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $189k (16.2% below list).
• Recommended offer: $189k (16.2% 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: crime 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: Tradition El (math 25% / reading 32%, grade F, #2,706 of 4,322 statewide, top 63%, 993 students, 51% 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).
• Market conditions: Rents soft (-1.1%/yr); 1207 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 8,308 units permitted in Bexar County in 2024 (2,506 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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 38 days — a 3% lower offer ($219k) 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.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $189,416 (16.2% 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 16% 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: 0.84% ✗
• Cap rate: 5.58%
• Cash-on-cash: -2.55%
• DSCR: 0.89
• GRM: 9.9

CMA / ARV

• ARV (median comp): $261,014
• List price: $225,999
• Delta: -13.42%
• 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
8008 Biggio Ln	0.00mi	4/2.5	1,897 (0%)	1mo	$227,999	$120	99
2021 Chicksaw Rose	0.00mi	4/2.5	1,867 (-2%)	1mo	$224,999	$121	97
11469 Bamboo Dr	0.00mi	3/2.0 (-1)	1,904 (+0%)	1mo	$246,999	$130	92
11727 Evergreen Rose	0.00mi	4/3.0	1,795 (-5%)	1mo	$242,999	$135	88
11428 Bamboo Dr	0.00mi	4/3.0	2,024 (+7%)	1mo	$258,999	$128	86
7910 Biggio Ln	0.00mi	4/2.5	1,692 (-11%)	1mo	$209,999	$124	81
8022 Biggio Ln	0.00mi	4/2.5	1,692 (-11%)	1mo	$230,999	$137	81
1936 Chicksaw Rose	0.00mi	4/2.5	2,173 (+14%)	1mo	$239,999	$110	75
11719 Evergreen Rose	0.00mi	4/3.5	2,149 (+13%)	1mo	$284,999	$133	73
4502 Westbourne Way	0.69mi	4/2.0	1,802 (-5%)	0mo	$196,500	$109	57
9406 Griffith Run	0.70mi	3/2.5 (-1)	1,780 (-6%)	1mo	$249,138	$140	51
9515 Griffith Run	0.62mi	3/2.5 (-1)	2,100 (+11%)	1mo	$266,375	$127	48

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -24.1%
• Equity multiple: 0.20×
• Total profit: $-50,664
• Equity at exit: $33,697

10-year hold

• IRR: -31.7%
• Equity multiple: -0.21×
• Total profit: $-76,308
• Equity at exit: $19,540

Cash invested: $63,280 (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 78109

• Home prices YoY: -17.8%
• Rents YoY: -1.1%
• Active inventory: 1207
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $1,894 high
• Mortgage (P&I): −$1,185
• Tax est. 1.5%: −$282 /mo · $3,390/yr
• Insurance: −$94
• HOA: −$69
• Vacancy / Maint / Mgmt: −$398
• Net cashflow: $-134

Break-even live

Break-even rent $2,064

Max offer price $206,545

Occupancy floor —

Sensitivity live

Price	-10% $22	-5% $-56	+0% $-134	+5% $-213	+10% $-291
Rent	-10% $-284	-5% $-209	+0% $-134	+5% $-60	+10% $15
Rate	-1.0pp $-21	-0.5pp $-77	base $-134	+0.5pp $-193	+1.0pp $-253

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: $56,500
• Closing costs: $6,780
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11742 Carolina Rose Converse, TX	4.0	3.0	2288	$1,845	$0.81	5d	1	0.01mi
11710 California Rose Converse, TX	4.0	2.5	1867	$1,635	$0.88	23d	1	0.01mi
11810 Spiderwort RDG Converse, TX	4.0	2.5	1535	$1,497	$0.98	45d	1	0.01mi
11621 Dog Rose Converse, TX	4.0	2.0	1500	$1,495	$1.00	6d	1	0.01mi
5625 Rowan RDG Converse, TX	3.0	2.5	1605	$1,700	$1.06	6d	1	0.01mi
9411 Braman Pt Converse, TX	4.0	2.0	1703	$1,850	$1.09	0d	1	0.28mi
5147 Longhorn Riv Converse, TX	4.0	2.5	2096	$2,000	$0.95	25d	1	0.54mi
5510 Cibolo Pass Unit 1 Converse, TX	3.0	2.0	1253	$1,695	$1.35	25d	1	0.57mi
5423 Devils Gate Converse, TX	3.0	2.0	1287	$1,650	$1.28	13d	1	0.63mi
9243 Grand Western Converse, TX	4.0	2.5	2516	$2,500	$0.99	25d	1	0.64mi
5435 Devils Gate Converse, TX	3.0	2.0	1243	$1,650	$1.33	4d	1	0.65mi
5435 Devils Gate Unit 1 Converse, TX	3.0	2.0	1243	$1,650	$1.33	16d	1	0.65mi
9114 McCoy Pass Converse, TX	4.0	2.5	1951	$2,199	$1.13	6d	1	0.66mi
9231 Yaya Rd Converse, TX	4.0	2.5	2329	$2,150	$0.92	22d	1	0.66mi
9223 Grand Western Converse, TX	3.0	2.0	1908	$1,950	$1.02	6d	1	0.68mi
5506 Rio Cyn Unit 2 Converse, TX	3.0	2.0	1351	$1,549	$1.15	45d	1	0.69mi
5114 Y Bar Smt Converse, TX	3.0	2.0	1276	$1,525	$1.20	0d	1	0.74mi
5114 Y Bar Smt Converse, TX	3.0	2.0	1276	$1,525	$1.20	6d	1	0.74mi
4807 Marylebone Ave Converse, TX	4.0	2.5	2032	$2,200	$1.08	45d	1	0.74mi
4326 Stanley Park Converse, TX	3.0	2.0	1484	$1,650	$1.11	3d	1	0.74mi
9204 Canyon Bnd Unit 2 Converse, TX	3.0	2.5	1372	$1,495	$1.09	45d	1	0.76mi
9213 Groff Lndg Converse, TX	3.0	2.0	1344	$1,600	$1.19	13d	1	0.78mi
8911 Sumners Wise Converse, TX	4.0	2.0	1627	$1,745	$1.07	4d	1	0.79mi
9211 Griffith Run Converse, TX	3.0	2.0	1266	$1,446	$1.14	6d	1	0.79mi
8830 McCoy Pass Converse, TX	4.0	2.0	1950	$1,995	$1.02	0d	1	0.80mi
8907 Ladbroke Grv Converse, TX	3.0	2.0	1921	$1,900	$0.99	3d	1	0.81mi
4126 Stanley Park Converse, TX	4.0	2.5	2514	$1,945	$0.77	45d	1	0.83mi
9115 Griffith Run Converse, TX	3.0	2.0	1266	$1,521	$1.20	45d	1	0.84mi
8810 Barrow Path Converse, TX	4.0	2.0	1667	$1,695	$1.02	22d	1	0.84mi
8803 Barrow Path Converse, TX	3.0	2.0	1440	$1,570	$1.09	25d	1	0.86mi
3035 Selhurst St Converse, TX	3.0	2.0	1557	$1,800	$1.16	25d	1	0.88mi
5223 Hornbeck Hts Converse, TX	3.0	2.0	1440	$1,795	$1.25	45d	1	0.88mi
5107 Hornbeck Hts Converse, TX	3.0	2.0	1266	$1,436	$1.13	0d	1	0.89mi
8931 Arundal Gdn Converse, TX	4.0	2.5	2507	$2,300	$0.92	14d	1	0.89mi
9026 Bowring Park Converse, TX	3.0	2.0	1721	$1,795	$1.04	45d	1	0.90mi
5170 Fowler Crst Converse, TX	3.0	2.0	1450	$1,695	$1.17	6d	1	0.91mi
5135 Fowler Crst Converse, TX	3.0	2.0	1266	$1,900	$1.50	0d	1	0.94mi
8907 Arundal Gdn Converse, TX	3.0	2.0	1921	$1,895	$0.99	19d	1	0.94mi
10310 Waverunner Converse, TX	3.0	2.0	1474	$1,695	$1.15	5d	1	0.95mi
8902 Grand Western Converse, TX	3.0	2.5	1570	$1,995	$1.27	45d	1	0.98mi

HOA detail

• Monthly dues: $69 · $828/yr

Listing history 15 events

1. 2026-06-21
   days on market $225,999 Active 38 DOM
2. 2026-06-18
   days on market $225,999 Active 35 DOM
3. 2026-06-17
   days on market $225,999 Active 34 DOM
4. 2026-06-16
   days on market $225,999 Active 33 DOM
5. 2026-06-15
   statusdays on market $225,999 Active 32 DOM
6. 2026-06-13
   days on market $225,999 Price Change 30 DOM
7. 2026-06-09
   days on market $225,999 Price Change 26 DOM
8. 2026-06-08
   days on market $225,999 Price Change 25 DOM
9. 2026-06-07
   days on market $225,999 Price Change 24 DOM
10. 2026-06-04
    pricedays on market $225,999 Price Change 21 DOM
11. 2026-06-03
    days on market $231,999 Price Change 20 DOM

    Show marketing remark (383 chars)

    The first floor of this two-story home shares an open layout between the kitchen, dining area and family room for easy entertaining during special gatherings. An owner's suite is just off the shared living space and features an en-suite bathroom and walk-in closet. Upstairs are three secondary bedrooms, perfect for residents and overnight guests, as well as a versatile bonus room.

12. 2026-06-02
    days on market $231,999 Price Change 19 DOM
13. 2026-06-01
    days on market $231,999 Price Change 18 DOM
14. 2026-05-31
    days on market $231,999 Price Change 17 DOM
15. 2026-05-14
    listed $251,999 New 541-char remark

ⓘ 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 ≥108°F today · 20 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: $22,730
• − Mortgage interest: −$12,659
• − Property taxes: −$3,390
• − Insurance: −$1,130
• − Repairs & maintenance: −$1,818
• − Management: −$1,818
• − HOA: −$828
• − Depreciation: −$6,575
• Taxable loss: −$5,489
• Est. tax savings @ 24.0%: +$1,317
• After-tax cash flow: $-296/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 None rehab

This two-story home is in good condition with no visible repairs needed. It offers a modern and well-maintained interior with a clean exterior and landscaping. Upgrades to paint, appliances, and HVAC can further enhance its value for resale or rental.

Value-add opportunities

• Both Painting 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.
• Resale Kitchen appliances — Upgrading to more modern or energy-efficient appliances can increase the home's value.
• Resale Bathroom fixtures — Upgrading to more modern or energy-efficient fixtures can increase the home's value.
• Both HVAC system — Upgrading the HVAC system can improve comfort and energy efficiency, benefiting both resale and rental value.
• Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract potential buyers/tenants.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting 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. ↑
• Resale Kitchen appliances — Upgrading to more modern or energy-efficient appliances can increase the home's value. ↑
• Resale Bathroom fixtures — Upgrading to more modern or energy-efficient fixtures can increase the home's value. ↑
• Both HVAC system — Upgrading the HVAC system can improve comfort and energy efficiency, benefiting both resale and rental value. ↑
• Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract 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: 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 — 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): 63,067
• Household income: $91,320
• Rent vs Own: 25.1% rent · 74.9% own
• Severe rent burden: 1732.0

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: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: Hispanic / Latino 44% White 27% Two or more races 21% Black 21% Asian 3%
• Hispanic origin (detail): Mexican 29% Puerto Rican 4%
• Common ancestry: Lithuanian 1% Romanian 1% Italian 1%
• Foreign-born: 11% · Canada, Vietnam, South Korea
• Languages at home: 71% English-only · Spanish 23% Tagalog/Filipino 1% Other Asian/Pacific 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: ▼ -51.02%
• Current HPI: 236.4923
• Rent YoY: ▼ -1.08%
• 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

-10.3% since first listed

5 events — show timeline

• 2026-06-04 Price Changed $225,999 LERA
• 2026-06-03 Price Changed $225,999 Zillow
• 2026-05-26 Listed $231,999 Zillow
• 2026-05-26 Price Changed $231,999 LERA
• 2026-05-14 Listed $251,999 LERA