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$1,089,000

241 W Elsmere Pl, San Antonio, TX, 78212

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths3,066 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$389.76 / sqft
Year BuiltBuilt in 1924

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesCooktop, Dishwasher, Dryer, Refrigerator, Microwave, Oven, Range, Washer, Disposal
FlooringWood, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size14,000 sqft

Building Information

Year Built1924
Roof Type104
Garage Spaces2

Land Information

APN03969-004-0010
Lot Number1-4
SubdivisionMonte Vista Ii Historic
Land UseResidential
Legal DescriptionNCB 3969 BLK 4 LOT 1 THRU 4
Census Tract190400
Assessed Land Value$383,430
Assessed Improvement Value$474,080
Assessment Year2025

About this property

Step into timeless architecture, a masterfully reimagined 1924 Spanish-style residence designed by acclaimed architect Robert Kelly and crafted by the distinguished Kelwood Company. Nestled in the heart of San Antonio's historic Monte Vista-the city's largest and most architecturally significant early 20th-century neighborhood-this home is a rare blend of preserved heritage and refined modern luxury. Situated on a prized corner lot, the main house offers 3 bedrooms, 2 full baths, a dedicated study, and a fully renovated casita with its own full bath-ideal for guests, a private retreat, work from home space or live in staff. Every inch has been thoughtfully upgraded during the years of 2021-2022 including but not limited to: new HVAC systems with all-new ductwork, modern plumbing and electrical system, Marvin wood double-hung windows, and many designer fixtures and finishes throughout. The chef's kitchen is a statement of form and function, featuring Superiore Italian gas range, Fisher & Paykel built-in refrigerator, Bosch dishwasher, and custom cabinetry in Farrow & Ball's rich "Indian Yellow." High ceilings and flowing, light-filled interiors lead to a rooftop terrace overlooking a serene courtyard/ plaza, perfect for elevated entertaining. Outside, a beautiful 24 ft long sparkling pool, turfed lawn, and covered gazebo create an unmatched outdoor living experience. With historic Spanish tile details, Farrow & Ball "Bee" wallpaper accents, a side-entry two-car garage, and exquisite craftsmanship throughout, this is more than a home-it's a rare lifestyle opportunity in one of San Antonio's most coveted neighborhoods.

Investor Tools

Property Icon
$1,089,000
Estimated Property Value
$750,000Estimated Mortgage Balance
$0Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,170 /month
Positive
Cash Flow Estimate:
$2,390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,935/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,775
$857,510
2025
$383,430
$474,080
$857,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,775
$857,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$750,000
No
First
Aug 29, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,484,242
N/A
0%
136%
$8,284/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,987/mo
$8,284/mo
$-6,297/mo
2.2%

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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241 W Elsmere Pl | Property Details | No Agent List