The Flip Potential of 4838 Melvin Dr San Antonio, Texas🏡 is medium.
Current Specs
3 Bed / 1 Bath
812 sqft
$165 per sqft
Estimated Value$134,041
Flip Advice
This 3-bed, 1-bath property in San Antonio's Huntleigh Park neighborhood has moderate flip potential. Built in 1964, it's a 812 sqft single-family home on a generous 8,250 sqft lot. The current estimated value of $134,041 is below the neighborhood's median listing price of $229,999, suggesting room for appreciation with strategic upgrades.
Consider adding a bedroom and bathroom to maximize value, as comps show this could increase the property's worth by 18% to around $158,202. Focus on modernizing the kitchen and bathroom, and enhancing curb appeal. Given the large lot size, explore the possibility of expanding the living space. However, be mindful of renovation costs and the property's recent sale in June 2023.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 4838 Melvin Dr: