Back on market because previous buyer's financing fell through. House already appraised for well above asking price at $207,000! This house comes with a brand new, next generation HVAC system featuring the latest A2L (R32) refrigerant and an energy efficient heat pump! Beautifully reimagined and move-in ready, this updated 4-bedroom, 2-bath home offers the perfect blend of style, function, and location. Situated on a corner lot with no rear neighbors and backing to Rainbow Hills Park, this home delivers added privacy and convenience. Inside, you'll find a bright, open-concept layout where the kitchen, dining, and main living area flow seamlessly together-ideal for everyday living and entertaining. Just off the dining area is a spacious second living room, offering the flexibility for a family room, game room, office, or media space. The stunning new kitchen is the centerpiece of the home, featuring white cabinetry with elegant gold accents, a built-in oven, a large island with a waterfall quartz countertop, and abundant workspace and storage. New luxury vinyl plank flooring runs throughout the home, complemented by all new doors and energy-efficient LED lighting that gives the entire interior a fresh, modern feel. Both bathrooms have been thoughtfully remodeled with stylish finishes, while additional major updates including new windows and a newer water heater provide comfort and peace of mind. Outside, you'll find a welcoming covered front porch, and a large covered two-car carport. The oversized backyard is a blank canvas, ready for a garden, play area, outdoor kitchen, or whatever you envision. Located in an established community just minutes from Lackland Air Force Base, shopping, dining, and major highways including I-410, US-90, and SH-151, this home combines convenience with modern updates in a truly standout package. No HOA and potential traditional or short term rental (STR) investment opportunity!
For sale
Price cut: $7K (9/30)
$200,000
551 Merritt, San Antonio, TX 78227
4beds
1,392sqft
Single Family Residence
Built in 1972
7,187 Square Feet Lot
$198,600 Zestimate®
$144/sqft
$-- HOA
What's special
New windowsOversized backyardBuilt-in ovenAbundant workspace and storageAll new doorsWelcoming covered front porchLarge covered two-car carport
- 199 days
- 1,090
- 178
Zillow last checked:
Listing updated:
Listed by:
Juan Rodriguez TREC #702413 (210) 272-7632,
Vortex Realty
Source: LERA MLS,MLS#: 1954683
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Ceiling Fan(s), Full Bath
- Area: 120
- Dimensions: 12 x 10
Bedroom 2
- Area: 130
- Dimensions: 13 x 10
Bedroom 3
- Area: 100
- Dimensions: 10 x 10
Bedroom 4
- Area: 90
- Dimensions: 10 x 9
Primary bathroom
- Features: Shower Only, Single Vanity
- Area: 40
- Dimensions: 8 x 5
Dining room
- Area: 104
- Dimensions: 13 x 8
Family room
- Area: 180
- Dimensions: 18 x 10
Kitchen
- Area: 117
- Dimensions: 13 x 9
Living room
- Area: 160
- Dimensions: 16 x 10
Heating
- Central, 1 Unit, Electric
Cooling
- Central Air, Heat Pump
Appliances
- Included: Cooktop, Built-In Oven, Microwave, Gas Cooktop, Dishwasher, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
- Laundry: Main Level, Laundry Room, Washer Hookup, Dryer Connection
Features
- Two Living Area, Eat-in Kitchen, Kitchen Island, Utility Room Inside, Open Floorplan, High Speed Internet, All Bedrooms Downstairs, Master Downstairs, Ceiling Fan(s), Chandelier, Solid Counter Tops
- Flooring: Vinyl
- Windows: Double Pane Windows
- Has basement: No
- Has fireplace: No
- Fireplace features: Not Applicable
Interior area
- Total interior livable area: 1,392 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: None, Two Car Carport
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Privacy
Lot
- Size: 7,187 Square Feet
- Dimensions: 63x120
- Features: Corner Lot, Level, Curbs, Sidewalks, Streetlights, Fire Hydrant w/in 500'
Details
- Parcel number: 154660680330
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Asbestos, Stucco
- Foundation: Slab
- Roof: Composition
Condition
- As-Is,Pre-Owned
- New construction: No
- Year built: 1972
Utilities & green energy
- Electric: CPS
- Gas: CPS
- Sewer: SAWS
- Water: SAWS
- Utilities for property: Cable Available, City Garbage service
Community & HOA
Community
- Features: Playground, Jogging Trails, Sports Court
- Security: Smoke Detector(s)
- Subdivision: Rainbow Hills
Location
- Region: San Antonio
Financial & listing details
- Price per square foot: $144/sqft
- Tax assessed value: $162,950
- Annual tax amount: $3,731
- Price range: $200K - $200K
- Date on market: 4/3/2026
- Cumulative days on market: 159 days
- Listing terms: Conventional,FHA,VA Loan,TX Vet,Cash
- Road surface type: Paved
Estimated market value
$198,600
$189,000 - $209,000
$1,586/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2026 | Price change | $200,000-3.4%$144/sqft |
Source: | ||
| 9/25/2026 | Price change | $207,000+3.5%$149/sqft |
Source: | ||
| 8/28/2026 | Pending sale | $200,000$144/sqft |
Source: | ||
| 8/25/2026 | Contingent | $200,000$144/sqft |
Source: | ||
| 7/30/2026 | Price change | $200,000-9.1%$144/sqft |
Source: | ||
| 7/9/2026 | Price change | $220,000-4.3%$158/sqft |
Source: | ||
| 5/29/2026 | Price change | $229,900-2.1%$165/sqft |
Source: | ||
| 5/15/2026 | Price change | $234,900-2.1%$169/sqft |
Source: | ||
| 4/28/2026 | Price change | $239,900-2%$172/sqft |
Source: | ||
| 4/17/2026 | Price change | $244,900-2%$176/sqft |
Source: | ||
| 4/3/2026 | Listed for sale | $250,000$180/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,732 +46.2% | $162,950 -5.6% |
| 2024 | $2,553 +8.8% | $172,660 +7.6% |
| 2023 | $2,347 -20.7% | $160,509 +10% |
| 2022 | $2,959 +113.6% | $145,917 +10% |
| 2021 | $1,386 | $132,652 +10% |
| 2020 | $1,386 -44.7% | $120,593 +10% |
| 2019 | $2,504 | $109,630 +9.1% |
| 2018 | $2,504 +19.1% | $100,466 +10% |
| 2017 | $2,103 +11.6% | $91,333 +10% |
| 2016 | $1,884 -2.4% | $83,030 +9.6% |
| 2015 | $1,930 | $75,760 -4.4% |
| 2014 | $1,930 | $79,230 +7.8% |
| 2013 | -- | $73,520 -4.5% |
| 2012 | -- | $76,970 -2.2% |
| 2011 | -- | $78,730 -2.2% |
| 2010 | -- | $80,480 -1.6% |
| 2009 | -- | $81,750 +1.5% |
| 2008 | -- | $80,526 -4.8% |
| 2007 | -- | $84,630 +13.2% |
| 2006 | -- | $74,790 +23.6% |
| 2005 | -- | $60,500 |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Rainbow Hills
Nearby schools
Schools provided by the listing agent
- Elementary: John Glenn Jr.
- Middle: Rayburn Sam
- High: John Jay
- District: Northside
Source: LERA MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





