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Owner Contacts

$430,000

NAL Estimated Property Value

510 Kelsey Rd, San Antonio, TX, 78223

$548,942 ARV

Off Market

3 Beds

2 Bath

2,051 Sq Ft

Single Family Residence

$216.97 / sqft

Built in 1979

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating

Cooling

AppliancesDishwasher, Range, Cooktop

FlooringLaminate

Exterior

Lot Size4.60 acres

Building Information

Year Built1979

Stories1

Garage Spaces2

Land Information

APN0940-02000-00701

Lot NumberG1

SubdivisionTower Lake Estates

Land UseResidential

Legal DescriptionTOWER LAKE ESTATES, LOT G1 (U-2), ACRES 4.6

Census Tract000406

Assessed Land Value$81,630

Assessed Improvement Value$163,740

Assessment Year2025

About this property

HONEY STOP THE CAR!! Looking for quiet country living yet easy access to San Antonio and Floresville? Then this may be the home for you. This 1970's ranch style home sits on 4.6 acres just inside the Wilson County line and is rich with many varieties of mature trees. The front portion of the property is cleared so bring your horses and farm animals as there are no restriction or HOA. Behind the home is a 20x20 SF metal workshop with electricity and a 10x10 covered outdoor slab attached as well as a 12x24 SF storage building. There are 6 hose bibs strategically located throughout the property to support animals or a garden. The home offers an expansive living room, a formal dining room and a large bonus room similar to a California room, all with lots of natural light. The roof shingles were replaced in 2025 and new doors and fiberglass windows installed in 2018. WDI bate stations were installed in July 2025 to prevent WDI for up to a year. Make this property your own

Investor Tools

$430,000

Estimated Property Value

$441,773Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$548,942

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,670 /month

Positive

Cash Flow Estimate:

$890 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$278/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,183

$245,370

2025

$81,630

$163,740

$245,370

Tax History

Year

Tax Paid

Assessed Value

2024

$1,183

$245,370

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

New Fed Mortgage Corp

$445,000

Yes

First

Dec 31, 2025

Jan 2056

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$441,773

N/A

103%

$2,668/mo

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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.

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