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$207,000

8511 Sir Lancelot Apt 2, San Antonio, TX, 78240

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,033 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$205.71 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Refrigerator, Microwave, Oven, Range, Cooktop, Disposal
FlooringCarpet, Laminate

Exterior

Lot Size2,800 sqft

Building Information

Year Built1984
Stories2
Roof Type109
Garage Spaces1

Land Information

APN16869-003-2350
Lot Number235
SubdivisionNorthampton Pud
Land UseResidential
Legal DescriptionNCB 16869 BLK 3 LOT 235 NORTHAMPTON P U D
Census Tract181818
Assessed Land Value$52,780
Assessed Improvement Value$113,220
Assessment Year2025

About this property

Step into this Townhome gem conveniently located in the heart of a desirable San Antonio neighborhood of Northampton! Upon entering the home, you are welcomed with a nearby ceramic tile fireplace that creates a perfect modern and inviting living room area with vaulted ceiling! This unique two-story townhome features two bedrooms, 1 full bathroom, half bathroom, living room, casual dining area, breakfast bar, and a kitchen equipped with beautiful oak cabinets (with plenty of cabinetry storage), granite countertops, electric stove/oven, a stainless-steel microwave, stainless-steel refrigerator, dishwasher, garbage disposal, pantry, and utility closet. Spacious bedrooms fill this well-maintained home, along with an updated HVAC system! Enjoy low-maintenance landscaping in both the front and backyard with a privacy fence, ideal for adding your own personal touch! Located just minutes from Medical Center, USAA, both I10 and 410 highway, with shopping centers, schools and parks, within a short driving distance. Whether you are searching for your next charming home or an investment property, the Sir Lancelot Townhome #2 is a must see! Schedule a showing today!

Investor Tools

Property Icon
$207,000
Estimated Property Value
$212,500Estimated Mortgage Balance
$23,720Estimated Equity
-3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,275 /month
Positive
Cash Flow Estimate:
$425 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$403/month
$95/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,801
$166,000
2025
$52,780
$113,220
$166,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,801
$166,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newfirst National Bank
Commercial
$212,500
No
First
Jun 20, 2019
Jun 2020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,280
$23,720
11%
89%
$1,275/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,370/mo
+$50/mo
8.2%

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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8511 Sir Lancelot Apt 2 | Property Details | No Agent List