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$205,000

1240 Ada St, San Antonio, TX, 78223

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,370 Sq Ft
price_per_sqft$149.64 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall

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

Interested in this property?

Michael Vasquez

Real Broker, LLC

ContactContact

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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%

City: San Antonio

1240 Ada St | Property Details | No Agent List