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$273,000

NAL Estimated Property Value

203 Forrest Ave, San Antonio, TX, 78204

$280,954 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,536 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.04 / sqft
Year BuiltBuilt in 1919

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesRange, Cooktop
FlooringLaminate

Exterior

Lot Size5,850 sqft

Building Information

Year Built1919
Stories1
Roof Type109

Land Information

APN02874-000-0350
Lot Number35
SubdivisionS. Durango/Probandt
Land UseResidential
Legal DescriptionNCB 2874 BLK LOT 35
Census Tract150100
Assessed Land Value$107,970
Assessed Improvement Value$132,400
Assessment Year2025

About this property

Nestled in one of San Antonio's most vibrant and artistic neighborhoods, this property offers incredible potential just minutes from the cultural charm of the King William Historic District and the dynamic energy of the Lone Star arts scene. Currently tenant-occupied, this home presents a unique opportunity for future homeowners looking to bring their vision to life. The home is in need of some TLC, making it an ideal candidate for renovation or restoration. With its prime location and strong rental history, it's perfect for those looking to add value and capitalize on the area's continued growth. Don't miss the chance to own a piece of this thriving community - whether you're looking to renovate and flip, add to your rental portfolio, or create your dream home in the heart of San Antonio.

Investor Tools

Property Icon
$273,000
Estimated Property Value
$257,080Estimated Mortgage Balance
$15,920Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$280,953
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$611/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,961
$240,370
2025
$107,970
$132,400
$240,370
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,961
$240,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
River City Fcu
Credit Line (Revolving) / Heloc
$97,000
No
First
Sep 14, 2020
Oct 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$257,080
$15,920
5%
94%
$1,620/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,631/mo
$1,620/mo
+$11/mo
7.2%

Learn About the Market: Opportunity in San Antonio

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Explore

San Antonio

San Antonio balances deep Texas history with steady modern growth. Home to the Alamo and the River Walk, the city carries cultural gravity — but its economic foundation is anchored in military installations, healthcare networks, cybersecurity, and tourism.

Compared to many peer metros, San Antonio maintains a lower cost of living and more affordable housing, attracting both military families and long-term residents seeking stability. It’s a market defined less by flash and more by durability — steady expansion with strong community roots.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$255,200

Unemployment Rate

Unemployment Rate

3.80%

Price Trend

Price Trend

~3–5% YoY growth

New Permits

New Permits

~3,200 units

City: San Antonio

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203 Forrest Ave | Property Details | No Agent List