4310 Avenida Prima · San Antonio, TX 78233

$200,000

3 bd · 1.0 ba · 1,588 sqft · SingleFamily public records · 69 Days on market

Built 1970 8,276 sqft lot $126/sqft · 29% below area Est $284k · 29% under

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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 +15.0/15.0
• Cash flow +8.1/30.0
• Livability +4.0/5.0
• Schools +3.8/10.0
• 1% rule +3.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great investment opportunity or perfect for house hacking! This unique property features a 3-bedroom, 1-bath main home plus an attached 1-bedroom, 1-bath studio apartment with its own private entrance. The studio was previously rented for $900/month (utilities included), offering immediate income potential. The main home includes a cozy wood-burning fireplace, a functional layout, and a one-car garage. Sitting on a large lot with no HOA, there is plenty of space to expand-add detached units or create additional income-producing opportunities. Conveniently located within walking distance to HEB, Bowlero, and a variety of restaurants, this property combines location, flexibility, and value. Property does need some TLC and is priced accordingly, great upside potential for investors or buyers looking to build equity.

Key facts

• Large lot
• Private entrance
• No hoa

Tags

• ATTACHED STUDIO APARTMENT
• PRIVATE ENTRANCE
• LARGE LOT
• NO HOA
• WALKING DISTANCE TO HEB

🏷️ Possibly a rental listed for sale. The $200,000 price doesn't fit this home's estimated sale value (~$283,675) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $-199 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $165k (17.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $165k (17.5% below list).
• Recommended offer: $165k (17.6% below list) — sets the bar for cash-flow.
• Cap rate 5.1% 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: schools C-, crime F.
• North East ISD (urban): math 38% / reading 49% proficiency, ranked #276 of 826 in TX (top 33%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents soft (-0.1%/yr); 299 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); 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 $1k of loan paydown is wiped out by about $6k 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 69 days — a 6% lower offer ($188k) 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 $164,821 (17.6% 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 69 days. Have you received any prior offers? Is the seller open to a 18% concession, seller financing, or rate buy-down credit?
3. Built in 1970 — 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: 0.83% ✗
• Cap rate: 5.10%
• Cash-on-cash: -4.27%
• DSCR: 0.81
• GRM: 10.1

CMA / ARV

• ARV (median comp): $283,675
• List price: $200,000
• Delta: -29.50%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4310 Las Cruces	0.06mi	3/2.0	1,725 (+9%)	6mo	$249,777	$145	74
4423 Las Cruces	0.16mi	4/2.0 (+1)	1,675 (+6%)	1mo	$247,500	$148	73
4314 Las Cruces St	0.06mi	2/2.0 (-1)	1,511 (-5%)	11mo	$205,000	$136	71
4427 Las Cruces	0.18mi	4/2.0 (+1)	1,692 (+6%)	2mo	$250,000	$148	70
4803 Casa Bello	0.54mi	3/2.0	1,618 (+2%)	7mo	$190,000	$117	62
4247 Bayliss	0.53mi	3/2.0	1,520 (-4%)	4mo	$225,000	$148	61
11314 El Sendero	0.25mi	3/2.0	1,417 (-11%)	8mo	$206,000	$145	60
11218 El Sendero	0.36mi	3/2.0	1,472 (-7%)	9mo	$225,000	$153	59
4350 Eagle Nest	0.37mi	4/2.0 (+1)	1,434 (-10%)	1mo	$230,000	$160	57
4902 El Presidio	0.69mi	3/2.0	1,499 (-6%)	1mo	$224,999	$150	54
12630 Thistle Down	0.55mi	3/2.0	1,711 (+8%)	10mo	$275,000	$161	49
11947 Alamo Blanco	0.39mi	4/2.0 (+1)	1,792 (+13%)	5mo	$237,500	$133	47

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: -27.2%
• Equity multiple: 0.11×
• Total profit: $-49,829
• Equity at exit: $29,821

10-year hold

• IRR: -42.8%
• Equity multiple: -0.39×
• Total profit: $-78,008
• Equity at exit: $17,292

Cash invested: $56,000 (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 78233

• Home prices YoY: -31.0%
• Rents YoY: -0.1%
• Active inventory: 299
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $1,650 high
• Mortgage (P&I): −$1,049
• Tax from tax record: −$371 /mo · $4,447/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$347
• Net cashflow: $-199

Break-even live

Break-even rent $1,902

Max offer price $164,821

Occupancy floor —

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: $50,000
• Closing costs: $6,000
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4426 Avenida Prima St San Antonio, TX	4.0	2.0	1144	$1,550	$1.35	24d	1	0.21mi
4322 Vespero San Antonio, TX	3.0	2.0	1499	$1,600	$1.07	16d	1	0.23mi
4411 Terra Summit Rd San Antonio, TX	3.0	2.0	1193	$1,300	$1.09	24d	1	0.31mi
11214 Center Point Rd San Antonio, TX	3.0	2.0	1180	$1,320	$1.12	44d	1	0.36mi
4438 Bayliss St San Antonio, TX	3.0	2.0	1320	$1,750	$1.33	18d	1	0.43mi
12617 Thistle Down San Antonio, TX	3.0	2.0	1621	$1,875	$1.16	15d	1	0.53mi
335 Harmony Ct San Antonio, TX	2.0	1.5	1220	$1,195	$0.98	44d	1	0.55mi
4242 Bayliss St San Antonio, TX	3.0	2.0	1446	$1,725	$1.19	44d	1	0.59mi
4755 Casa Oro St San Antonio, TX	4.0	1.5	1377	$1,525	$1.11	24d	1	0.59mi
12133 El Sendero St San Antonio, TX	2.0	1.5	1100	$1,375	$1.25	44d	1	0.62mi
4915 Sierra Madre San Antonio, TX	3.0	2.0	1596	$1,495	$0.94	11d	1	0.68mi
12619 Woodbrace St San Antonio, TX	2.0	2.5	1843	$2,100	$1.14	18d	1	0.69mi
4910 El Presidio Dr San Antonio, TX	3.0	2.0	1600	$1,700	$1.06	24d	1	0.70mi
4827 Casa Grande St San Antonio, TX	3.0	2.0	1125	$1,650	$1.47	8d	1	0.71mi
4911 Casa Grande St San Antonio, TX	3.0	2.0	1196	$2,000	$1.67	24d	1	0.76mi
12635 Scarsdale St San Antonio, TX	1.0–2.0	1.0–2.0	900	$1,540	$1.71	3d	18	0.76mi
4278 Putting Grn San Antonio, TX	2.0	2.0	1974	$2,995	$1.52	44d	1	0.93mi
3919 Perrin Central Blvd San Antonio, TX	1.0–2.0	1.0–2.0	778	$1,185	$1.52	3d	44	0.94mi
3800 Perrin Central Blvd San Antonio, TX	1.0–3.0	1.0–2.0	940	$1,769	$1.88	44d	38	0.99mi
3800 Perrin Central Blvd San Antonio, TX	1.0–3.0	1.0–2.0	940	$1,789	$1.90	24d	35	0.99mi
4623 Erin Blvd San Antonio, TX	2.0	1.0	1056	$1,350	$1.28	24d	1	1.01mi
3902 Perrin Central Blvd San Antonio, TX	1.0–2.0	1.0–2.0	777	$1,428	$1.84	2d	32	1.04mi
13031 Park Xing San Antonio, TX	1.0–3.0	1.0–2.5	1070	$2,051	$1.92	2d	22	1.04mi
4410 Putting Grn San Antonio, TX	3.0	2.0	1324	$1,770	$1.34	44d	1	1.06mi
5411 Encanta St San Antonio, TX	3.0	1.5	1053	$1,435	$1.36	44d	1	1.08mi
4318 Windswept San Antonio, TX	3.0	2.0	1958	$1,995	$1.02	2d	1	1.09mi
4502 Longvale Dr San Antonio, TX	3.0	2.0	1092	$1,600	$1.47	4d	1	1.20mi
4815 Sorrento San Antonio, TX	3.0	2.0	1312	$1,550	$1.18	4d	1	1.22mi
4815 Sorrento San Antonio, TX	3.0	2.0	1312	$1,550	$1.18	24d	1	1.22mi
4527 Clear Spring Dr San Antonio, TX	3.0	1.5	1098	$1,350	$1.23	24d	1	1.24mi
13408 Bristow Dawn San Antonio, TX	3.0	2.5	1497	$1,450	$0.97	24d	1	1.25mi
13313 Bristow Dawn San Antonio, TX	3.0	2.5	1615	$2,200	$1.36	44d	1	1.26mi
12426 Magnifico St San Antonio, TX	3.0	2.0	1501	$2,000	$1.33	44d	1	1.26mi
13416 Bristow Dawn San Antonio, TX	2.0	2.5	1281	$1,450	$1.13	15d	1	1.27mi
13309 Bristow Dawn San Antonio, TX	3.0	2.5	1454	$1,475	$1.01	24d	1	1.27mi
4138 Clear Spring Dr San Antonio, TX	3.0	2.0	1435	$1,650	$1.15	44d	1	1.29mi
13516 Bristow Dawn San Antonio, TX	2.0	2.5	1281	$1,425	$1.11	14d	1	1.30mi
13530 Bristow Dawn San Antonio, TX	3.0	2.5	1614	$1,550	$0.96	44d	1	1.30mi
12714 La Quinta San Antonio, TX	3.0	2.0	1626	$1,950	$1.20	24d	1	1.35mi
13422 Patmore Dr San Antonio, TX	3.0	2.0	1272	$1,495	$1.18	24d	1	1.36mi

Listing history 18 events

1. 2026-06-18
   days on market $200,000 Active 69 DOM
2. 2026-06-17
   days on market $200,000 Active 68 DOM
3. 2026-06-16
   days on market $200,000 Active 67 DOM
4. 2026-06-13
   days on market $200,000 Active 64 DOM
5. 2026-06-13
   days on market $200,000 Active 63 DOM
6. 2026-06-09
   days on market $200,000 Active 60 DOM
7. 2026-06-08
   statusdays on market $200,000 Active 59 DOM
8. 2026-06-07
   days on market $200,000 Back on Market 58 DOM
9. 2026-06-04
   days on market $200,000 Back on Market 55 DOM
10. 2026-06-03
    days on market $200,000 Back on Market 54 DOM
11. 2026-06-02
    days on market $200,000 Back on Market 53 DOM
12. 2026-06-01
    days on market $200,000 Back on Market 52 DOM
13. 2026-05-31
    days on market $200,000 Back on Market 51 DOM
14. 2026-04-10
    listed $200,000 New 824-char remark

    Show marketing remark (824 chars)

    Great investment opportunity or perfect for house hacking! This unique property features a 3-bedroom, 1-bath main home plus an attached 1-bedroom, 1-bath studio apartment with its own private entrance. The studio was previously rented for $900/month (utilities included), offering immediate income potential. The main home includes a cozy wood-burning fireplace, a functional layout, and a one-car garage. Sitting on a large lot with no HOA, there is plenty of space to expand-add detached units or create additional income-producing opportunities. Conveniently located within walking distance to HEB, Bowlero, and a variety of restaurants, this property combines location, flexibility, and value. Property does need some TLC and is priced accordingly, great upside potential for investors or buyers looking to build equity.

15. 2013-08-14
    soldstatus
16. 2010-03-25
    soldstatus
17. 2008-12-17
    soldstatus
18. 1994-10-01
    soldstatus

ⓘ 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: $4,447 · $371/mo
• Projected year-2 tax: $4,447 · $371/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 ≥108°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 · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,801
• − Mortgage interest: −$11,203
• − Property taxes: −$4,447
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,584
• − Management: −$1,584
• − Depreciation: −$5,818
• Taxable loss: −$5,835
• Est. tax savings @ 24.0%: +$1,400
• After-tax cash flow: $-989/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: North East ISD
• NCES district ID: 4832940
• Math proficiency: 38% ▼ -14.00%
• Reading proficiency: 49% ▼ -4.00%
• Median HH income: $57,715
• Composite: 38.1/100
• National rank: #4276
• State rank: #276 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): 48,911
• Household income: $76,421
• Rent vs Own: 39.6% rent · 60.4% own
• Severe rent burden: 1635.0

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 0.62)
• Race & ethnicity: Hispanic / Latino 52% White 31% Two or more races 23% Black 11% Asian 3% Native American 1%
• Hispanic origin (detail): Mexican 42% Puerto Rican 3%
• Common ancestry: Romanian 1% Lithuanian 1% Italian 1%
• Foreign-born: 12% · Canada, South Korea, Vietnam
• Languages at home: 69% English-only · Spanish 27% Korean 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: ▼ -123.27%
• Current HPI: 274.943
• Rent YoY: ▼ -0.06%
• 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

5 events — show timeline

• 2026-04-10 Listed $200,000 LERA
• 2013-08-14 Sold (Public Records) — Public Records
• 2010-03-25 Sold (Public Records) — Public Records
• 2008-12-17 Sold (Public Records) — Public Records
• 1994-10-01 Sold (Public Records) — Public Records

Property tax history

+8.3%/yr

Latest (2025): $4,447 · +1.0% YoY. Source: county tax records.