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$294,800

For Sale - Active
12154 Karnes Way, San Antonio, TX 78253
3 Beds
2 Baths
1,451 Square Feet
0.00 Acres Lot
Built in 2008
For Sale - Active
Units n/a
Checked: 4 hours ago
Updated: Jun 19, 2025 at 03:08AM

Investment Summary


Monthly Cash Flow
-$709
Cap Rate
3.4%
Cash-on-Cash Return
-12.5%
Debt Coverage Ratio
0.54
Internal Rate of Return (5 years)
-8.1%

Property Description


0.00 Acres Lot
Built in 2008
For Sale - Active
Units n/a

This beautifully maintained one-story home features 3 bedrooms, 2 baths, a dedicated office, and an open layout perfect for modern living. Enjoy a spacious kitchen with island kitchen, gas cooking, upgraded bathrooms & dimmable light fixtures. Mature trees and an extended back patio. Move-In Ready, schedule a showing today!

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Location


Property Details


Parking

  • Description: Two Car Garage
  • Details: Garage Door Opener
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 6
  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Combination
  • Foundation: Slab
  • Roof Material: Composition

HOA

  • Has HOA: Yes
  • Association: RIVERSTONE AT ALAMO RANCH HOMEOWNERS ASSOCIATION
  • HOA Fee: $97/quarterly

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 044113100310
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: One Story, Contemporary
  • Year Built: 2008

Tax Information

  • Annual Tax: $4,497

Utilities

  • Heating: Central, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air

Location

  • County: Bexar

Listing Details


Listed by:
John Giacobbe
LPT Realty, LLC
(210) 857-6942

Source:
San Antonio Board of REALTORS
MLS#: 1869901
San Antonio Board of REALTORS

Investment Summary


Monthly Cash Flow
-$709
Cap Rate
3.4%
Cash-on-Cash Return
-12.5%
Debt Coverage Ratio
0.54
Internal Rate of Return (5 years)
-8.1%

Purchase Details

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Purchase price:
$294,800
Amount financed:
-$235,840
Down payment:
$58,960
Closing costs:
$8,844
Rehab costs:
$0
Initial cash invested:
$67,804
Square feet:
1,451
Cost per square foot:
$203
Monthly rent per square foot:
$1.24

Financing Details

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Loan amount:
$235,840
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.840%
Principal & interest:
$1,544
Property tax:
$375
Insurance:
$126
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,045

Operating Income

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% Rent Monthly Yearly
Gross rent:
$1,800 $21,600
Vacancy loss: (6%)
6% -$108 -$1,296
Operating income:
$1,692 $20,304

Operating Expenses


% Rent Monthly Yearly
Property taxes: (21%)
21%-$375-$4,498
Insurance: (7%)
7%-$126-$1,512
Property management: (8%)
8%-$144-$1,728
Repairs & maintenance: (5%)
5%-$90-$1,080
Capital expenditures: (5%)
5%-$90-$1,080
HOA fees: (2%)
2%-$32-$384
Total operating expenses: (48%)
48%-$857-$10,282

Cash Flow


Monthly Yearly
Net operating income:
$835 $10,020
Mortgage payments:
-$1,544 -$18,528
Cash flow:
$709 $8,508