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Premium Flipper ZIP

78209 - Alamo Heights

San Antonio's most prestigious flip market - top schools, established wealth, strong demand.

$525K
Median ARV
18 Days
Avg DOM
$55-85K
Flip Profit
$275/sqft
Avg Price/Sqft

Why Flippers Love 78209

Alamo Heights ISD - Top-rated school district in San Antonio. Parents pay premium for these schools.
Established neighborhoods - Terrell Hills, Olmos Park, Lincoln Heights. Historic charm, tree-lined streets.
Strong buyer pool - Doctors, lawyers, executives. High income, dual-income families.
Consistent appreciation - Values hold even in downturns. Limited inventory = price stability.

Target Property Profile

Ideal Subject Property

  • • 3-4 bed, 2-3 bath
  • • 1,800 - 2,800 sqft
  • • Built 1950-1990 (character homes)
  • • Dated but solid structure
  • • Original owner / estate sale

After Renovation Should Have

  • • Open floor plan (if possible)
  • • Updated kitchen with island
  • • Master suite with good closet
  • • Hardwood floors (original or new)
  • • Modern fixtures, neutral colors

Offer Strategy for 78209

Use this rule: 65-70%

Higher ARVs = more competition from flippers. Use 65% to ensure your deal moves fast.

Example MAO Calculation:

ARV: $525,000

× 70%: $367,500

- Repairs ($60K): $307,500

- Assignment fee ($12K): MAO: $295,500

Pro Tips for 78209

  • 1.Look for estate sales - long-term owners = motivated heirs, dated homes
  • 2.Drive for dollars on weekdays - absentee owners often inherited properties
  • 3.Renovation quality matters here - buyers expect high-end finishes
  • 4.Pool adds $30-40K value in this ZIP - factor into ARV

Key Takeaway

78209 is premium territory - higher ARVs, higher profits, but also higher expectations. Focus on quality leads from estate sales and divorces. Flippers will pay top dollar for good deals here.