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$230,000

235 Gray St, San Antonio, TX, 78208

On MarketInfo
Beds4 Beds
Baths1 Bath
Baths1,186 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.93 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
AppliancesMicrowave, Oven, Range, Cooktop
FlooringLaminate

Exterior

Lot Size7,600 sqft

Building Information

Year Built1948
Stories1
Roof Type109
Garage Spaces1

Land Information

APN01164-001-0360
Lot Number36
SubdivisionGovernment Hill
Land UseResidential
Legal DescriptionNCB 1164 BLK E 1/2 F LOT 36
Census Tract130700
Assessed Land Value$92,110
Assessed Improvement Value$160,370
Assessment Year2025

About this property

FULLY REMODELED AND MOVE IN READY! THIS CHARMING ONE STORY HOME IN THE DESIRABLE GOVERNMENT HILL AREA OFFERS 4 BEDROOMS, 1 FULL BATHROOM, IN A VERY COMFORTABLE LIVING SPACE. FEATURING MODERN UPDATES THROUGHOUT, THIS HOME BLENDS CLASSIC CHARACTER WITH CONTEMPORARY FINISHES, INCLUDING UPDATED FLOORING, FRESH PAINT, AND A BEAUTIFULLY RENOVATED INTERIOR. RECENT IMPROVEMENTS INCLUDE A DETACHED STORAGE UNIT/GARAGE, A NEW DRIVEWAY, AND A NEW SIDEWALK, PROVIDING ADDED CONVENIENCE, FUNCTIONALITY, AND CURB APPEAL. IDEALLY LOCATED NEAR I-35, UNIVERSITY OF THE INCARNATE WORD, FORT SAM HOUSTON, THE PEARL, DOWNTOWN SAN ANTONIO, AND FREEMAN COLISEUM. ENJOY CONVENIENT ACCESS TO SHOPPING, DINING, ENTERTAINMENT, MAJOR EMPLOYERS, AND LOCAL ATTRACTIONS. WHETHER YOU'RE LOOKING FOR A PRIMARY RESIDENCE OR AN INVESTMENT OPPORTUNITY, THIS PROPERTY OFFERS EXCEPTIONAL VALUE IN ONE OF SAN ANTONIO'S MOST CENTRALLY LOCATED NEIGHBORHOODS. DON'T MISS THIS OPPORTUNITY!

Investor Tools

$127,446Estimated Mortgage Balance
$125,034Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,515 /month
Positive
Cash Flow Estimate:
$505 /month

Interested in this property?

Maria Gonzalez

San Antonio Elite Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$282/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,125
$252,480
2025
$92,110
$160,370
$252,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,125
$252,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Firstmark Cu
Conventional
$48,500
No
First
Aug 7, 2018
Sep 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,446
$125,034
49%
50%
$855/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,631/mo
$855/mo
+$776/mo
7.8%

Learn About the Market: Opportunity in San Antonio

Local Market Pages
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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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235 Gray St | Property Details | No Agent List