423 Eleanor Ave

A 1936 bungalow on a deep 8,751 sqft lot in Mahncke Park, 78209 - one block off Broadway and walking distance to Brackenridge Park, the Witte Museum, the Botanical Garden and the Pearl. This is the pocket of San Antonio where 1,300 to 1,500 sqft restored bungalows have been closing between $425,000 and $500,000 all year, and where finished new construction on far smaller lots is listed in the high $400s.

The house is 1,560 sqft, 2 bed / 2 bath, one story, no pool, on lots 49-50 of NCB 6784. It is a full renovation project - sold strictly as-is, no repairs and no warranties, and the buyer is responsible for verifying condition and occupancy status before closing. Priced for a contractor or a builder who wants the lot and the 78209 address at a basis nobody is getting on the MLS.

Deal Breakdown

• Asking price: $250,000
• Price per living sqft: $160 / sqft
• Comp average: $311 / sqft across 5 renovated closings inside half a mile, all closed in 2026
• After-repair value (ARV): $475,000 - discounted off the $485,000 the raw comp average implies, to allow for the one long-days-on-market sale in the set
• Estimated repair budget: $120,000 to $150,000 for a full gut of a 1936 structure at this size
• Estimated spread: roughly $75,000 to $105,000 before closing costs and carry, at a $250,000 basis
• Beds / baths: 2 / 2 | Living area: 1,560 sqft | Year built: 1936 | Stories: 1
• Lot size: 8,751 sqft / 0.20 acre | Parcel ID: 06784-006-0490 | Legal: NCB 6784, Block 6, Lots 49 and 50
• Closing: cash or hard money, through title, on your timeline

Sold as-is. Buyer to verify condition, occupancy, square footage, repair scope and all figures independently. Comparable sales are closed MLS transactions from SABOR. ARV and repair estimates are opinions, not an appraisal.