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Owner Contacts

$265,000

NAL Estimated Property Value

818 Martin Luther King, San Antonio, TX, 78203

$315,953 ARV

Off Market

3 Beds

3 Bath

1,499 Sq Ft

$450.3 / sqft

Built in 2018

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms 3

AppliancesCooktop, Dishwasher, Dryer, Refrigerator, Microwave, Oven, Washer, Disposal

FlooringCarpet, Ceramic Tile, Laminate, Concrete

Exterior

Lot Size7,176 sqft

Building Information

Garage Spaces2

Land Information

APN01404-200-0000

Lot Number5

SubdivisionDenver Heights West Of New Braunfels

Land UseResidential

Legal DescriptionNCB 1404 (MK CONDOMINIUMS), BLK 2 LOT 5 \\MASTER FILE & COMMON ELEMENTS// 2020-CREATED PER DECLARATION 20190259249

Census Tract130200

Assessed Land Value$137,870

Assessment Year2025

About this property

An Investor's Dream - Two Properties, One Lot! Minutes from Downtown! Don't miss this rare opportunity to own two separate homes on a single lot - the perfect setup for investors or savvy homeowners looking to house-hack and build wealth. Property Highlights: Unit 1: * 3 Bedrooms | 2.5 Bathrooms | 1499sqft * Two-Story Layout with Attached 2-Car Garage * Currently Tenant-Occupied - Instant Cash Flow! Unit 2: * 3 Bedrooms | 2.5 Bathrooms | 1687sqft * Covered 1-Car Carport * Vacant and Move-In Ready Both units are upgraded with modern interiors, features washer & dryer connections, includes all appliances, vaulted ceilings, generous closet spaces, quartz countertops in the kitchens, and custom cabinets offering ample storage space - making this a turnkey opportunity. Live in one unit and rent the other! Whether you're building your investment portfolio or looking to offset living costs, this property offers flexibility, functionality, and long-term value.

Investor Tools

$265,000

Estimated Property Value

$4,303Estimated Mortgage Balance

$260,697Estimated Equity

98% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$315,953

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,050 /month

Positive

Cash Flow Estimate:

$1,350 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$110/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$137,870

2025

$137,870

N/A

$137,870

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$137,870

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Richardo Navarro Etal

Unknown

$5,000

First

May 29, 2019

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$4,303

$260,697

98%

$30/mo

Learn About the Market: Opportunity in San Antonio

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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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