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Facts & Features
Awning Analysis
Neighborhood
Schools
Market Statistics
Demographics
5534 Merkens DrSan Antonio, TX 78240
$275,000  
3  Bd
2  Ba
1,357  Sq. Ft.
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Featured
Awning's team reviews and analyzes every listing we surface. Featured listings are our team's favorites.

Key Insights
A
Overall Niche neighborhood gradeThis neighborhood is incredibly desirable to live in! See details
B+
Overall Niche school gradeThe public schools in this area are good! See details

Awning Agent
Humberto Marquez
Humberto Marquez
#: 716255
Humberto has four years of real estate experience prior to working for Awning. He has helped hundreds of clients across multiple real estate markets with buying properties and actively invests himself. Feel free to ask him any questions you have about Awning, investing, or any listing.
Note from Humberto

Furnishing Budget

$28570

The budget includes cost of designing the space, the cost of the furniture throughout the entire home, outdoor amenities that are shown to increase average daily rates (ADR) and the cost of shipping and assembly of furniture.


Renovation Cost Estimate

$10,000

New kitchen appliances

Some additional repairs to improve the house's appearance and to ensure the property is rent ready



Highlights

  • The home is located 7 minutes drive from San Antonio Aquarium, 17 minutes drive from Woodlawn Lake Park, and 20 minutes drive from Downtown San Antonio
  • The home is not part of an HOA (no restrictions)
  • The home is not located in a flood zone


Comps

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Ask Humberto a question
Response time: typically within an hour
Text or call  682-730-0010

Description
This newly renovated home would be the perfect place to spend the holidays and ring in the New Year! The home has had major renovations throughout, including new flooring, appliances, and fixtures. The backyard has the perfect covered patio for relaxing or enjoying time with friends and family. If you're looking for an investment close to the medical center or an AirbnB opportunity, this property is one to consider. Stop by to check out this centrally located property near University Hospital and close access to 410 and Bandera. ((Open house for Sunday had been canceled. ))
Read more
Listed by: Richard Rodriguez · DRE#: 700216 · Keller Williams HeritageSource: sabor · MLS#: 1653894 · Originating MLS: San Antonio Board of RealtorsAwning last checked: today at 9:13 PM | Last updated 12/26/2022Listing data provided via Home Junction MLS logo

Property Facts & Features
Facts
Units
1
$/SQFT
$203
$/Unit
$275,000
Lot size
9,016
Built in
1967
Days on Awning
60

Copyright: Listing Information © 2023 San Antonio Board of REALTORS®. All Rights Reserved.Disclaimer: Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
 
Awning Analysis The following projections are computed using a proprietary formula. It is a starting point in determining the financial potential for a specific property. The analysis is pulled from public property data and similar local properties listed for rent; there may be special features, location, and market conditions our algorithms have not taken into account.
Monthly Estimated Airbnb Revenue
$4,500

NeighborhoodGet to know what living in 78240 is like.
Report Card for 78240Niche grades and rankings are calculated using dozens of public data sets and millions of reviews. Learn more about how Niche calculates these grades.
Overall Grade
A

Public Schools
B+
Commute
B+
Cost of Living
B
Crime & Safety
A-
Diversity
A
Good for Families
A-
Jobs
B+
Walkability
B+
Data provided by Niche.

Living in 78240
Bars
A-
Coffee Shops
B+
Health & Fitness
A
Nightlife
A
Outdoor Activities
C+
Parks
A-
Restaurants
A
Weather
B+
Data provided by Niche.

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Schools in 78240
School data is not available for this listing.

Market StatisticsMarket Statistics are provided directly from Niche, as well as calculated using historical transaction data provided by local governments.
78240 StatsSee how this home compares to the zip code medians.
78240 Median
Home Value
$172,900
Rent
$1,064
Rent-to-Income
22.7%
Income
$56,154
This Home
Listing Price
$275,00059% higher than zip
Rent
$1,81070% higher than zip
Rent to Income
38.7%70% higher than zip
Market statistics provided by Niche.

Average Home Price
See how the price of a home in the area has changed over time.
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in Year 2020
  • 78240
    $206,000
  • County
    $224,000
Average Price / SqFt
See how the price / sqft in the area has changed over time.
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in Year 2020
  • 78240
    $111
  • County
    $102

Demographics
Learn more about the area's income, population, and employment trends. Data provided by the US Census and the Bureau of Labor Statistics.
Household Income
See how the area’s average household income has changed over time.
This chart is unavailable due to screen size
in Year 2019
  • 78240
    $69k
  • County
    $70k

Population
See how the area’s total population has changed over time.
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in Year 2020
  • 78240
    56,057
  • Average in County
    29,079

Rent vs Own
See the percentage of homes occupied by owners in the area.
% Owner Occupied for 7824040%
% Owner Occupied for County60%

Employment
See the percentage of adults working white collar jobs in the area.
% White Collar for 7824068%
% White Collar for County56%

Hold Bachelor's Degree
See the percentage of adults who hold at least a bachelor's degree in the area.
7824040%
County27%

Age Distribution 78240
See the distribution of people by age in 78240.
Under 2030%
20 - 4438%
45-6421%
65+12%