$205,000
1240 Ada St, San Antonio, TX, 78223
On Market
Just Added
Property Lead Type:
Absentee Owner
Highlights
Interior
Exterior
Lot Size9,715 sqft
Building Information
Year Built1948
Stories1
Roof Type109
Garage Spaces2
Land Information
APN09570-005-0290
Lot Number29
SubdivisionHighland Hills
Land UseResidential
Legal DescriptionNCB 9570 BLK 5 LOT 29 1238- 1240 ADA
Census Tract140900
Assessed Land Value$59,460
Assessed Improvement Value$94,220
Assessment Year2025
About this property
Excellent investment opportunity in Highland Hills! This income-producing duplex features two leased units with established tenants and long-term leases, providing rental income from day one. Each unit offers its own driveway and backyard, along with generous storage space. The property also offers room for potential expansion, subject to buyer verification and applicable requirements. Conveniently located in a quiet neighborhood near shopping and just minutes from Downtown San Antonio, this property offers both income potential and a desirable location.
Investor Tools
$141,884Estimated Mortgage Balance
$11,796Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$377/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,751
$153,680
2025
$59,460
$94,220
$153,680
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,751
$153,680
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rflf 7 Llc
Commercial
$154,500
No
First
Jun 15, 2022
Jul 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,884
$11,796
7%
92%
$927/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,631/mo
$927/mo
+$704/mo
12.7%
