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For sale
  • Price cut: $7K (9/30)
    $200,000

    551 Merritt, San Antonio, TX 78227

    4beds
    1,392sqft
    : 
    $1,532/mo
    Get pre-qualified
    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
    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!
    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#: 1954683MLS Logo

      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

        DateEventPrice
        9/30/2026Price change$200,000-3.4%$144/sqft
        Source: LERA MLS #1954683 Report a problem
        9/25/2026Price change$207,000+3.5%$149/sqft
        Source: LERA MLS #1954683 Report a problem
        8/28/2026Pending sale$200,000$144/sqft
        Source: LERA MLS #1954683 Report a problem
        8/25/2026Contingent$200,000$144/sqft
        Source: LERA MLS #1954683 Report a problem
        7/30/2026Price change$200,000-9.1%$144/sqft
        Source: LERA MLS #1954683 Report a problem
        7/9/2026Price change$220,000-4.3%$158/sqft
        Source: LERA MLS #1954683 Report a problem
        5/29/2026Price change$229,900-2.1%$165/sqft
        Source: LERA MLS #1954683 Report a problem
        5/15/2026Price change$234,900-2.1%$169/sqft
        Source: LERA MLS #1954683 Report a problem
        4/28/2026Price change$239,900-2%$172/sqft
        Source: LERA MLS #1954683 Report a problem
        4/17/2026Price change$244,900-2%$176/sqft
        Source: LERA MLS #1954683 Report a problem
        4/3/2026Listed for sale$250,000$180/sqft
        Source: LERA MLS #1954683 Report a problem

        Public tax history

        YearProperty taxesTax 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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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Rainbow Hills

        Getting around

        8 / 100
        Car-Dependent
        27 / 100
        Some Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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