**Priced to Sell - A Rare Investment Opportunity in San Antonio, TX** Bring your contractors and your vision! This 1960s property is a fantastic blank canvas waiting for the right owner to bring it back to life. Ideally suited for investors, house flippers, and buyers looking for built-in rental income, this fixer-upper offers real upside in a solid San Antonio location. The main home features 3 bedrooms, 1 bathroom, a convenient carport, and a spacious laundry room addition, a functional layout that's ready for your updates and personal touch. The original garage has been cleverly converted into a private 1-bedroom, 1-bathroom efficiency apartment with its own separate entrance, ideal for rental income, multi-generational living, or a home office setup. That's two potential living spaces on one lot, giving this property serious flexibility whether you're house-hacking, adding a long-term rental, or setting up space for extended family. This property is being sold AS-IS and is priced to reflect its fixer-upper status, which means the opportunity is baked right into the price. Every dollar you put into renovations goes straight toward building equity, not paying a premium for finishes someone else already chose. For investors running the numbers, this is the kind of deal that pencils out, a low basis, a flexible floor plan, and a second income-producing unit already in place. Don't miss out on this rare opportunity to customize and update to your needs. Properties with a detached efficiency apartment and this much upside don't come around often, schedule your showing today before it's gone.
Lackland Terrace, located between Lackland AFB and Leon Creek Greenway, is a residential and military-adjacent San Antonio neighborhood with mid-century ranch homes and a creekside trail network. The neighborhood’s energy concentrates around the Military Dr W–Marbach Rd corridor, where taquerias, panaderías, barbershops, and small auto shops set a working-day rhythm. The nearby Lackland Air Force Base Gateway brings a steady flow of activity and wayfinding landmarks. Streets tend toward wide lots, mature shade trees, and practical, low-slung architecture. Leon Creek Greenway frames the area with long, paved paths and pocket trailheads. Community routines often orbit local eateries such as Tink-A-Tako, Carnitas Lonja, and the classic drive-in at John’s Drive-In.
Provided by Walk Score and Local Logic
Market insights
7931 Rimfire Dr · $109,500
DAYS ON MARKET
5 days
The average home goes pending in 79 days.
SALE-TO-LIST
97.1%
Most homes are selling 3% below list price.
LIST PRICE
$109,500
Median sale price in this area is $285,559. (161% higher than this home)
PRICE DROP
0 price drops
30% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Ceiling fans
Separate dining room
Eat-in kitchen
Breakfast bar
Laundry room
All window coverings remain
City garbage service
Bedrooms
Master bedroom with multiple closets (lower level)
Second bedroom 9 x 10
Third bedroom 9 x 10
Master bedroom 9 x 14
Bathrooms
One full bathroom
Kitchen
Cooktop
Built-in oven
Microwave
Gas cooking
Refrigerator
Dishwasher
Laundry & utility
Washer and dryer included
Washer connection
Dryer connection
Laundry on main level
Flooring
Carpeting
Ceramic tile
Heating & cooling
Central heating (natural gas)
Central air conditioning
Multiple window A/C units
Exterior features
Covered patio
Chain link fence
Wrought iron fence
Storage shed
Mature trees
Level lot
Paved streets with curbs and sidewalks (city street)
Home design
Pre-owned single-family home
Approximate age: 66 years
Parking
Details not provided
Construction
Asbestos shingle, brick, and wood exterior
Slab foundation
Composition roof
Utilities
Natural gas supplied by CPS
Electricity supplied by CPS
Water supplied by SAWS (city water)
City sewer
City garbage service
HOA & community
Located in the Lackland Terrace II NS subdivision
Financial info
Down payment assistance resources available
Electricity and solar
View estimated energy costs and solar savings for this home
These districts provide areas for medium to high-density, single-family residential uses where adequate public facilities and services exist with capacity to serve development. These districts are composed mainly of areas containing single-family dwellings and open area where similar residential development seems likely to occur.
Zone overlays
Military Lighting Overlay District
Airport Hazard Overlay District
Permitted uses
Include but are not limited to:
Community / recreation center
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Educational/school
Library
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 108° expected this year, 22 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
San Antonio, TX • 78227
Average low and high temperatures (°F)
63
42
73
50
83
58
83
65
89
69
92
76
94
77
99
77
93
72
90
67
79
57
70
52
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.7 hours in December, which is comparable to the
U.S. average for solar exposure.
9.1 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 7931 Rimfire Dr
$103,444
$6,056 under list price of $110K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $96K to $200K.