5478 Elkhunter · San Antonio, TX 78222

$134,990

3 bd · 2.0 ba · 1,216 sqft · Manufactured public records · 112 Days on market

Built 2020

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Why this score? — see what drove the C+ 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 +27.3/30.0
• DSCR +9.5/10.0
• 1% rule +7.5/10.0
• ARV discount +7.5/15.0
• Livability +4.0/5.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0
• Schools +1.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

this lot is ready for your manufactory home,sewer,electric.water ,everything is on this property.owner wishes to cash out,it also has two parking pads, with a garage

Key facts

• Garage
• Built 2020
• Listed 112 days

Property features AI

Finance

• Financial info: Down payment resources available
• HOA & community: Located in the Southcross Ranch subdivision

Exterior

• Parking: 1-car garage
• Utilities: City water; SAWS water and sewer; CPS Energy electric; Spectrum available
• Home design: North-facing; Siding exterior; Pre-owned home; Approximately 6 years old
• Construction: Composition roof; Other foundation (see remarks)
• Exterior features: Covered patio; Patio slab; Privacy fence and chain link fence; Street paved with curbs on a city street

Interior

• Kitchen: Stove/Range; Microwave; Dishwasher; Disposal
• Bedrooms: Primary bedroom on lower level with walk-in closet and full bath; Bedroom 2: 10 x 10; Bedroom 3: 12 x 10; Primary bedroom dimensions: 11 x 14
• Flooring: Vinyl flooring
• Bathrooms: 2 full bathrooms; Primary bathroom with tub/shower combination and single vanity; Primary bath dimensions: 4 x 10
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Living/dining room combination; Single living area
• Laundry & utility: Laundry room on main level; Washer connection; Dryer connection

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $135k.

Deal economics

• At list price, monthly cash flow is $392 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $135k).
• Recommended offer: $123k (9.0% below list) — sets the bar for market timing.
• Cap rate 9.8% 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: Pecan Valley El (math 17% / reading 19%, grade F, #3,785 of 4,322 statewide, top 88%, 487 students, 76% 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 64% FRL track the district average.
• Market conditions: Rents rising fast (+4.3%/yr); 428 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 8,308 units permitted in Bexar County in 2024 (2,506 in 5+ unit buildings).
• This rent runs 31% of the median local income ($66k/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 $934 of loan paydown is wiped out by about $4k 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.
• At projected returns (-3.0% appreciation + 4.3% rent growth), your $38k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 112 days — a 9% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 15y ago 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→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $122,840 (9.0% below list)

Questions for the listing agent

1. It's been on market 112 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.25% ✓
• Cap rate: 9.78%
• Cash-on-cash: 12.46%
• DSCR: 1.55
• GRM: 6.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 4.35% rent growth · sell at horizon

5-year hold

• IRR: 3.7%
• Equity multiple: 1.14×
• Total profit: $5,470
• Equity at exit: $20,127

10-year hold

• IRR: 14.5%
• Equity multiple: 2.24×
• Total profit: $46,878
• Equity at exit: $11,671

Cash invested: $37,797 (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 78222

• Home prices YoY: -4.8%
• Rents YoY: 4.3%
• Active inventory: 428
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $1,690 high
• Mortgage (P&I): −$708
• Tax from tax record: −$179 /mo · $2,143/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$355
• Net cashflow: $392

Break-even live

Break-even rent $1,193

Max offer price $134,990

Occupancy floor 72%

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: $33,748
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5418 Tourmaline Loop San Antonio, TX	3.0	2.0	1388	$1,575	$1.13	4d	1	0.37mi
4226 Toledo Mist San Antonio, TX	2.0	2.5	944	$1,600	$1.69	24d	1	0.39mi
5231 Blue Rnch San Antonio, TX	3.0	2.5	1419	$1,690	$1.19	44d	1	0.47mi
5227 Blue Rnch San Antonio, TX	3.0	2.5	1239	$1,590	$1.28	24d	1	0.47mi
5119 Blue Rnch San Antonio, TX	3.0	2.5	1272	$1,615	$1.27	24d	1	0.47mi
5203 Blue Rnch San Antonio, TX	3.0	2.5	1272	$1,615	$1.27	24d	1	0.47mi
5102 Blue Rnch San Antonio, TX	3.0	2.5	1272	$1,615	$1.27	24d	1	0.50mi
5115 Jade Xing San Antonio, TX	3.0	2.5	1239	$1,550	$1.25	18d	1	0.52mi
5207 Jade Xing San Antonio, TX	3.0	2.5	1239	$1,590	$1.28	44d	1	0.52mi
5107 Jade Xing San Antonio, TX	3.0	2.5	1419	$1,575	$1.11	24d	1	0.52mi
5011 Jade Xing San Antonio, TX	3.0	2.5	1239	$1,590	$1.28	44d	1	0.52mi
5231 Jade Xing San Antonio, TX	3.0	2.5	1239	$1,590	$1.28	11d	1	0.52mi
5019 Jade Xing San Antonio, TX	3.0	2.5	1272	$1,500	$1.18	24d	1	0.53mi
5215 Jade Xing San Antonio, TX	3.0	2.5	1272	$1,595	$1.25	4d	1	0.53mi
5114 Jade Xing San Antonio, TX	3.0	2.5	1419	$1,690	$1.19	24d	1	0.55mi
5214 Jade Xing San Antonio, TX	3.0	2.5	1419	$1,690	$1.19	24d	1	0.55mi
3510 Bottomless Lk San Antonio, TX	2.0	2.0	1068	$1,150	$1.08	44d	1	0.65mi
4734 Shale Cv San Antonio, TX	3.0	2.0	1247	$1,725	$1.38	24d	1	0.67mi
3535 Honey Mdw San Antonio, TX	3.0	2.5	1438	$1,400	$0.97	16d	1	0.70mi
6023 Lake Victoria St San Antonio, TX	3.0	2.0	1368	$1,575	$1.15	12d	1	0.73mi
5910 Sandy Lake St San Antonio, TX	3.0	2.0	1389	$2,100	$1.51	44d	1	0.88mi
6230 Lake Victoria St San Antonio, TX	3.0	2.0	1205	$1,465	$1.22	3d	1	1.02mi
5334 Hickory Pl San Antonio, TX	3.0	2.0	1401	$1,650	$1.18	44d	1	1.02mi
5227 Hickory Pl San Antonio, TX	3.0	2.0	1199	$1,700	$1.42	24d	1	1.06mi
6119 Southern Vis San Antonio, TX	3.0	2.5	1246	$1,685	$1.35	24d	1	1.16mi
6115 Southern Vis San Antonio, TX	3.0	2.0	1415	$1,509	$1.07	3d	1	1.16mi
2911 Lakebriar St San Antonio, TX	4.0	2.0	1440	$1,695	$1.18	3d	1	1.21mi
2911 Lakebriar St San Antonio, TX	4.0	2.0	1440	$1,695	$1.18	22d	1	1.21mi
4570 Gato Calico Dr San Antonio, TX	3.0	2.0	1245	$1,475	$1.18	44d	1	1.28mi
4550 Otra Otra Dr San Antonio, TX	3.0	2.0	1245	$1,575	$1.27	18d	1	1.30mi
6307 Sloane Cv San Antonio, TX	3.0	2.5	1416	$1,510	$1.07	20d	1	1.32mi
2718 Bermuda Dr San Antonio, TX	3.0	3.0	1080	$1,400	$1.30	20d	1	1.34mi
2719 Bermuda Dr San Antonio, TX	3.0	2.0	1298	$1,364	$1.05	4d	1	1.35mi
6223 Still Mdw San Antonio, TX	3.0	2.0	1330	$1,650	$1.24	4d	1	1.37mi
2951 Lavender Mdw San Antonio, TX	3.0	2.5	1246	$1,530	$1.23	12d	1	1.37mi
2825 S WW White Rd San Antonio, TX	2.0	2.0	1007	$927	$0.92	44d	1	1.38mi
4430 Valleyfield Dr San Antonio, TX	2.0	1.5	1444	$1,150	$0.80	44d	1	1.41mi
2906 Lavender Mdw San Antonio, TX	3.0	2.5	1246	$1,495	$1.20	2d	1	1.45mi
3131 Rosalind Way San Antonio, TX	3.0	2.5	1247	$1,650	$1.32	24d	1	1.48mi
2819 S WW White Rd Unit 710 San Antonio, TX	2.0	2.0	1007	$1,200	$1.19	3d	1	1.50mi

Listing history 11 events

1. 2026-05-15
   status Pending
2. 2026-05-01
   historical Active Option
3. 2026-04-17
   price $134,990
4. 2026-01-22
   listed $139,990 New
5. 2025-12-31
   historical
6. 2025-12-04
   price $149,999
7. 2025-10-07
   price $155,000
8. 2025-08-28
   listed $160,000 New
9. 2011-07-22
   soldstatus 165-char remark

   Show marketing remark (165 chars)

   this lot is ready for your manufactory home,sewer,electric.water ,everything is on this property.owner wishes to cash out,it also has two parking pads, with a garage

10. 2011-07-19
    historical 165-char remark

    Show marketing remark (165 chars)

    this lot is ready for your manufactory home,sewer,electric.water ,everything is on this property.owner wishes to cash out,it also has two parking pads, with a garage

11. 2011-03-16
    listed $19,900 165-char remark

    Show marketing remark (165 chars)

    this lot is ready for your manufactory home,sewer,electric.water ,everything is on this property.owner wishes to cash out,it also has two parking pads, with a garage

ⓘ 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: $2,143 · $179/mo
• Projected year-2 tax: $2,470 · $206/mo
• Expected delta: +$327/yr (+$27/mo · 15.3%)

ⓘ 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 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥110°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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,279
• − Mortgage interest: −$7,562
• − Property taxes: −$2,143
• − Insurance: −$675
• − Repairs & maintenance: −$1,622
• − Management: −$1,622
• − Depreciation: −$3,927
• Taxable income: $2,728
• Est. tax owed @ 24.0%: −$655
• After-tax cash flow: $4,053/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: 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): 26,476
• Household income: $66,362
• Rent vs Own: 28.5% rent · 71.5% own
• Severe rent burden: 686.0

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: Majority Hispanic (64%)
• Race & ethnicity: Hispanic / Latino 64% Two or more races 26% White 19% Black 14% Asian 1%
• Hispanic origin (detail): Mexican 55%
• Common ancestry: Romanian 1% Italian 1% Slovak 1%
• Foreign-born: 14% · Canada
• Languages at home: 61% English-only · Spanish 37% Arabic 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: ▼ -14.18%
• Current HPI: 278.8429
• Rent YoY: ▲ 4.35%
• 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

+578.3% since first listed

11 events — show timeline

• 2026-05-15 Pending — LERA
• 2026-05-01 Contingent — LERA
• 2026-04-17 Price Changed $134,990 LERA
• 2026-01-22 Listed $139,990 LERA
• 2025-12-31 Listing Removed — LERA
• 2025-12-04 Price Changed $149,999 LERA
• 2025-10-07 Price Changed $155,000 LERA
• 2025-08-28 Listed $160,000 LERA
• 2011-07-22 Sold (MLS) — LERA
• 2011-07-19 Listing Removed — LERA
• 2011-03-16 Listed $19,900 LERA

Property tax history

+17.5%/yr

Latest (2025): $2,143 · +7.4% YoY. Source: county tax records.