6811 Marble Rdg · Elmendorf, TX 78112

$137,999

3 bd · 2.5 ba · 1,189 sqft · SingleFamily · 93 Days on market

Built 2026 Excellent condition 4,791 sqft lot 1-car garage $116/sqft · at area comps Est $142k · at est. $106/mo HOA · 7% of rent

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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 +21.4/30.0
• ARV discount +8.9/15.0
• DSCR +6.8/10.0
• 1% rule +6.6/10.0
• Condition / age +5.0/5.0
• Appreciation +4.9/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Schools +2.1/10.0

Listing remarks

The Baja - This new two-story home features a modern, open-concept design that maximizes the footprint of the interior. The U-shaped kitchen overlooks a family room ideal for entertainment and relaxation, with a rear door connecting to the backyard. Two upper-level bedrooms provide restful accommodations, while at the opposite end of the hallway is the private owner's suite with an attached bathroom and walk-in closet. Prices and features may vary and are subject to change. Photos are for illustrative purposes only. Estimated Completion August 2026. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly.

Key facts

• 4,791 sq ft lot
• Garage
• Community pool

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $138k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $205 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $138k).
• Recommended offer: $126k (9.0% below list) — sets the bar for market timing.
• Cap rate 8.1% vs local median 4.4% 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: Harmony El (math 21% / reading 17%, grade F, #3,739 of 4,322 statewide, top 87%, 684 students, 75% 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) — zoned schools at 57% FRL track the district average.
• Market conditions: 498 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 10d on market — plan ~1-2 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 8,308 units permitted in Bexar County in 2024 (2,506 in 5+ unit buildings).
• This rent runs 35% of the median local income ($54k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $726 of equity ($954 loan paydown + $-228 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 $39k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 93 days — a 9% lower offer ($126k) is reasonable based on typical stale-listing flexibility.

Recommended offer $125,579 (9.0% below list)

Questions for the listing agent

1. It's been on market 93 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 1.16% ✓
• Cap rate: 8.08%
• Cash-on-cash: 6.37%
• DSCR: 1.28
• GRM: 7.2

CMA / ARV

• ARV (median comp): $142,499
• List price: $137,999
• Delta: -3.16%
• 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
6725 Marble Rdg	0.04mi	3/2.5	1,189 (0%)	2mo	$146,999	$124	96
6829 Chert Chase	0.06mi	3/2.0	1,192 (+0%)	1mo	$130,999	$110	94
6837 Chert Chase	0.07mi	3/2.0	1,192 (+0%)	2mo	$130,999	$110	93
6606 Coquina Cv	0.07mi	3/2.0	1,192 (+0%)	2mo	$154,999	$130	93
6849 Chert Chase	0.08mi	3/2.0	1,192 (+0%)	2mo	$131,999	$111	92
15102 Azzurro Stone	0.22mi	3/2.0	1,266 (+6%)	2mo	$177,999	$141	75
6729 Marble Rdg	0.04mi	3/2.5	1,360 (+14%)	2mo	$140,999	$104	73
6717 Marble Rdg	0.05mi	3/2.5	1,360 (+14%)	1mo	$155,999	$115	72
6630 Coquina Cv	0.06mi	3/2.0	1,033 (-13%)	2mo	$125,999	$122	72
6844 Marble Rdg	0.06mi	3/2.5	1,360 (+14%)	2mo	$139,999	$103	72
6808 Marble Rdg	0.04mi	3/2.5	1,360 (+14%)	3mo	$143,999	$106	72
6630 Fiore Gdn	0.22mi	3/2.0	1,354 (+14%)	2mo	$188,999	$140	63

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: 4.4%
• Equity multiple: 1.21×
• Total profit: $8,039
• Equity at exit: $38,935

10-year hold

• IRR: 9.9%
• Equity multiple: 2.06×
• Total profit: $41,080
• Equity at exit: $45,904

Cash invested: $38,640 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 29 active · 29 under contract
• Months of supply: 7.6 mo (13%/mo absorbed)
• Median asking: $161,999 ($124/sqft)
• Median days on market: 72 d
• This list price: 3% of active listings are priced below it
• ARV vs active asking: -3.5% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 78112

• Home prices YoY: -0.1%
• Active inventory: 498
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,601 high
• Mortgage (P&I): −$724
• Tax est. 1.5%: −$172 /mo · $2,070/yr
• Insurance: −$57
• HOA: −$106
• Vacancy / Maint / Mgmt: −$336
• Net cashflow: $205

Break-even live

Break-even rent $1,341

Max offer price $137,999

Occupancy floor 82%

Sensitivity live

Price	-10% $300	-5% $253	+0% $205	+5% $157	+10% $110
Rent	-10% $79	-5% $142	+0% $205	+5% $268	+10% $331
Rate	-1.0pp $274	-0.5pp $240	base $205	+0.5pp $169	+1.0pp $133

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: $34,500
• Closing costs: $4,140
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6630 Coquina Cv Elmendorf, TX	3.0	2.0	1033	$1,600	$1.55	42d	1	0.05mi
6948 Calcite Trl San Antonio, TX	3.0	2.0	1440	$1,500	$1.04	9d	1	0.29mi
6933 Biotite Rdg San Antonio, TX	3.0	2.0	1125	$1,650	$1.47	59d	1	0.29mi
6964 Calcite Trl Elmendorf, TX	3.0	1.5	1440	$1,650	$1.15	9d	1	0.30mi
7663 Stud Dr Elmendorf, TX	3.0	2.0	1233	$1,600	$1.30	9d	1	1.09mi

Property features AI

Finance

• Other: Subdivision: Stone Garden
• Financial info: HOA fee applies (quarterly)
• HOA & community: Mandatory HOAQuarterly HOA paymentsHOA transfer fee applies

Exterior

• Parking: 1-car garage
• Utilities: Water service: SAWSSewer service: SAWSElectricity supplier: CPSGas supplier: CentricGarbage service: Frontier
• Home design: New construction by LennarEntry level and stories: information not provided
• Construction: Slab foundationComposition roof
• Exterior features: Siding and cement fiber exteriorPool and clubhouse in the community

Interior

• Kitchen: Breakfast barStove/RangeDishwasher
• Bedrooms: Primary bedroom on upper level with walk-in closet and full bathBedroom 2: 10 x 9Bedroom 3: 10 x 9Primary bedroom: 14 x 11
• Flooring: CarpetingVinyl flooring
• Bathrooms: 2 full bathrooms1 half bathroomPrimary bathroom features a shower only and single vanity
• Heating & cooling: Central heatingElectric and natural gas heatCentral air conditioning
• Interior features: Open floor planBreakfast barUtility room insideLaundry room (upper level)All bedrooms on upper levelWalk-in closets1 living area
• Laundry & utility: Washer connectionDryer connectionLaundry located on upper level

Listing history 50 events

1. 2026-08-08
   days on market $137,999 Active 93 DOM
2. 2026-08-06
   days on market $137,999 Active 91 DOM
3. 2026-08-05
   days on market $137,999 Active 90 DOM
4. 2026-08-04
   days on market $137,999 Active 89 DOM
5. 2026-08-03
   days on market $137,999 Active 88 DOM
6. 2026-07-31
   statusdays on market $137,999 Active 85 DOM
7. 2026-07-30
   days on market $137,999 Price Change 83 DOM
8. 2026-07-28
   days on market $137,999 Price Change 82 DOM
9. 2026-07-26
   days on market $137,999 Price Change 80 DOM
10. 2026-07-24
    days on market $137,999 Price Change 78 DOM
11. 2026-07-23
    days on market $137,999 Price Change 77 DOM
12. 2026-07-22
    days on market $137,999 Price Change 76 DOM
13. 2026-07-21
    pricestatusdays on market $137,999 Price Change 75 DOM
14. 2026-07-20
    days on market $157,999 Active 74 DOM
15. 2026-07-18
    statusdays on market $157,999 Active 72 DOM
16. 2026-07-18
    days on market $157,999 Price Change 71 DOM
17. 2026-07-16
    days on market $157,999 Price Change 70 DOM
18. 2026-07-15
    days on market $157,999 Price Change 69 DOM
19. 2026-07-14
    days on market $157,999 Price Change 68 DOM
20. 2026-07-13
    days on market $157,999 Price Change 67 DOM
21. 2026-07-13
    days on market $157,999 Price Change 66 DOM
22. 2026-07-11
    days on market $157,999 Price Change 65 DOM
23. 2026-07-10
    days on market $157,999 Price Change 64 DOM
24. 2026-07-09
    days on market $157,999 Price Change 63 DOM
25. 2026-07-08
    pricestatus $157,999 Price Change 61 DOM
26. 2026-07-07
    days on market $156,999 Active 61 DOM
27. 2026-07-06
    days on market $156,999 Active 60 DOM
28. 2026-07-05
    days on market $156,999 Active 59 DOM
29. 2026-07-03
    days on market $156,999 Active 57 DOM
30. 2026-07-02
    days on market $156,999 Active 56 DOM
31. 2026-07-01
    days on market $156,999 Active 55 DOM
32. 2026-06-30
    days on market $156,999 Active 54 DOM
33. 2026-06-29
    days on market $156,999 Active 53 DOM
34. 2026-06-28
    days on market $156,999 Active 52 DOM
35. 2026-06-27
    days on market $156,999 Active 51 DOM
36. 2026-06-26
    days on market $156,999 Active 50 DOM
37. 2026-06-24
    days on market $156,999 Active 48 DOM
38. 2026-06-22
    days on market $156,999 Active 46 DOM
39. 2026-06-21
    days on market $156,999 Active 45 DOM
40. 2026-06-18
    days on market $156,999 Active 42 DOM
41. 2026-06-17
    days on market $156,999 Active 41 DOM
42. 2026-06-16
    days on market $156,999 Active 40 DOM
43. 2026-06-15
    days on market $156,999 Active 39 DOM
44. 2026-06-13
    days on market $156,999 Active 37 DOM
45. 2026-06-09
    days on market $156,999 Active 33 DOM
46. 2026-06-08
    days on market $156,999 Active 32 DOM
47. 2026-06-07
    days on market $156,999 Active 31 DOM
48. 2026-06-04
    days on market $156,999 Active 28 DOM
49. 2026-06-03
    days on market $156,999 Active 27 DOM
50. 2026-06-02
    days on market $156,999 Active 26 DOM

ⓘ 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: $19,210
• − Mortgage interest: −$7,730
• − Property taxes: −$2,070
• − Insurance: −$690
• − Repairs & maintenance: −$1,537
• − Management: −$1,537
• − HOA: −$1,272
• − Depreciation: −$4,015
• Taxable income: $360
• Est. tax owed @ 24.0%: −$86
• After-tax cash flow: $2,373/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 · 4 photos

Excellent 100/100 None rehab

This modern, two-story home is move-in ready with a good condition score and no visible repairs needed. It offers a great opportunity for investors looking to capitalize on its excellent condition and modern design.

Value-add opportunities

• Both Landscaping improvements — Enhances curb appeal and adds value ↑
• Both Painting exterior — Fresh paint can improve curb appeal and value ↑
• Both Landscaping and curb appeal — Enhances curb appeal and adds value ↑

F Composite school gradezoned avg 21/100

Zoned Schools

Elementary Harmony El F TX #3,739/4,322 Nat'l #34,564/41,679 Middle East Central Heritage Middle F TX #1,478/1,662 Nat'l #12,017/14,009 High East Central H S F TX #1,264/1,632 Nat'l #12,478/17,239

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

D Composite livability gradescore 58/100

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

• County: Bexar · 2,336,851 people
• Metro: San Antonio-New Braunfels, TX
• Population (ZIP): 9,959
• Household income: $54,445
• Rent vs Own: 10.8% rent · 89.2% own

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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%

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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%

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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

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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

Property features AI

Finance

• Other: Subdivision: Stone Garden
• Financial info: HOA fee applies (quarterly)
• HOA & community: Mandatory HOAQuarterly HOA paymentsHOA transfer fee applies

Exterior

• Parking: 1-car garage
• Utilities: Water service: SAWSSewer service: SAWSElectricity supplier: CPSGas supplier: CentricGarbage service: Frontier
• Home design: New construction by LennarEntry level and stories: information not provided
• Construction: Slab foundationComposition roof
• Exterior features: Siding and cement fiber exteriorPool and clubhouse in the community

Interior

• Kitchen: Breakfast barStove/RangeDishwasher
• Bedrooms: Primary bedroom on upper level with walk-in closet and full bathBedroom 2: 10 x 9Bedroom 3: 10 x 9Primary bedroom: 14 x 11
• Flooring: CarpetingVinyl flooring
• Bathrooms: 2 full bathrooms1 half bathroomPrimary bathroom features a shower only and single vanity
• Heating & cooling: Central heatingElectric and natural gas heatCentral air conditioning
• Interior features: Open floor planBreakfast barUtility room insideLaundry room (upper level)All bedrooms on upper levelWalk-in closets1 living area
• Laundry & utility: Washer connectionDryer connectionLaundry located on upper level

Price history

+0.6% since first listed

2 events — show timeline

• 2026-05-21 Price Changed $156,999 LERA
• 2026-05-07 Listed $155,999 LERA