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$584,000

611 Simple Way, San Antonio, TX, 78209

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,171 Sq Ft
price_per_sqft$292.49 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDryer, Refrigerator, Washer
FlooringConcrete, Wood

Exterior

Lot Size4,792 sqft

Building Information

Year Built2018
Stories2
Roof Type112
Garage Spaces2

Land Information

APN11882-000-0981
Lot Number98
SubdivisionRidgecrest Villas/Casinas
Land UseResidential
Legal DescriptionNCB 11882 (SANDALWOOD SUBDIVISION REPLAT PUD), BLOCK 000 LOT 98 2018 NEW ACCOUNT PER PLAT 9718/54 FILED 7/21/2017 SCG/GIS 8/3
Census Tract120701
Assessed Land Value$235,700
Assessed Improvement Value$334,300
Assessment Year2025

About this property

Introducing 611 Simple Way, a modern masterpiece designed by the renowned Gomez Vazquez International Architects and built by award-winning CVF Homes-where bold architecture meets sustainability within the sought-after Alamo Heights ISD. This two-story Certified Green home includes 3 bedrooms and 2.5 bathrooms, tailored for low-maintenance living with purposeful attention to every detail throughout. Inside, you're immediately greeted by soaring cathedral ceilings and polished concrete floors that anchor the space in contemporary elegance, while a statement chandelier in the dining area adds a sophisticated touch. Skylights and Marvin windows bring in soft, natural light, complemented by Levolor blinds for customizable ambiance and privacy. At the heart of the home, the chef's kitchen is equal parts form and function-featuring a premium stainless steel Bertazzoni appliance package, custom soft-close cabinetry, a built-in wet bar, and a generous quartz-topped island ideal for entertaining or everyday living. Open the doors to a seamless indoor-outdoor experience, with a generous deck, jacuzzi, and room to enjoy al fresco gatherings and relaxed luxury. The primary suite is thoughtfully tucked away on the main level, featuring two spacious walk-in closets and a spa-style en-suite with a floating dual-sink vanity, a glass-enclosed shower, and private access to the deck. Upstairs, European oak flooring continues the sleek aesthetic. A cozy flex space serves as a creative retreat-ideal for a home office, studio, or lounge-and is joined by two additional bedrooms and a full bath. No detail has been overlooked. A discreet organizational nook near the garage adds convenience to daily routines, while the spacious laundry room includes a deep utility sink, base cabinet storage, and open shelving. The oversized two-car garage includes a built-in EV outlet and space to spare. With refrigerator and washer/dryer included, the home is ready for immediate enjoyment. Perfectly located with quick access to the airport, The Pearl, Alamo Quarry, and San Antonio's most iconic destinations-including The Alamo, River Walk, and world-class museums-this home places you just minutes from the city's best dining, shopping, and culture. This is elevated urban living in the Alamo Heights ISD.

Investor Tools

Property Icon
$584,000
Estimated Property Value
$81,000Estimated Mortgage Balance
$514,137Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,810 /month
Positive
Cash Flow Estimate:
$1,270 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,089/month
$40/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,145
$570,000
2025
$235,700
$334,300
$570,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,145
$570,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
International Bank Of Commerce
Conventional
$81,000
No
First
Jun 28, 2019
Jul 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$69,863
$514,137
88%
12%
$486/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,840/mo
$526/mo
+$1,314/mo
3.8%

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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611 Simple Way | Property Details | No Agent List