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100 E Buck Street 
Ennis, TX
75119
3 Beds 2 Baths 1,924 sqft
Built 2020
INVESTimate
$239,900
List Price
$65,574
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PROPERTY INFO
FACTS
- Built In 2020
- Price/Sqft : $124.69
- 2 Days on Market
- MLS # : 14420611
- Updated Date : 08/25/2020 at 22:00
CONSTRUCTION
- Beds : 3
- Floor Size : 1,924 sqft
- Baths : 2 full
Listing Agent
Holmquist & Associates Realty
Listing Agent's Description
WOW! STUNNING NEW CONSTRUCTION HOME just waiting for you! Sits on a CORNET LOT*Spacious OPEN FLOOR PLAN with Luxury Vinyl Plank Floors, Upgraded Lighting, 3 Large Bedrooms & 2 Bathrooms with Enlarged Stand Up Showers*Beautiful GRANITE Counter Tops in the Kitchen with lots of Cabinets to entertain your guests*Large Bedrooms*All Bathrooms have GRANITE Vanities with a decorative tile surround shower*Oversized 2 Car Garage*FOAM INSULATION was used to insulate all walls to make this a Super Energy Efficient Home! Undermount Lighting on the Exterior Eaves give this home a grand feel when turned on at dusk or night & also has outlets for your holiday lights*Great Location close to Downtown, Shopping & Restaurants!
SEE MORE
- . Dallas has 7th largest concentration of high-tech jobs in the U.S. (Dallas Chamber)
- # 1 in the country for job growth in 2017 (2.6% growth, 91,700 new jobs) (US Census, Forbes, 2017)
- Dallas metro's economy is worth $579 billion in Gross Metro Product and projected to grow to $613 billion in 2019 (USMayors.org, 2018)
- Home to 20 Fortune 500 headquarters, 39 Fortune 1000 headquarters and 12 of Forbes' top private companies (Fortune)
- Dallas metro contributes to 31.9%% of Texas state economy i.e. Gross State Product (USMayors.org, 2018)
- Dallas metro has 67.1% labor force participation rate higher than the national rate 62.8% (USMayors.org, 2018)
PRICE & RENT TRENDS
Zip Code: 75119
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 75119
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,650 |
| EXPENSES | Loan Payment | -$885 |
| Property Tax | -$524 | |
| Property Insurance | -$138 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$4
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 10% of earned rent to cover both maintenance and periods of vacancy.
$239,900
PROJECTED PRICE
$1,650
PROJECTED RENT
0.69%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.74% |
| Appreciation Year (1-5) | 8.58% |
| Maintenance Year (1-5) | 3.00% |
| Vacancy | 6.69% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$65,574
LOAN DETAILS
$885
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $59,975 |
| Loan Amount | $179,925 |
4.42
YEARS SAVED
$12,385
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,650
LIST RENT -
$0.86
LIST RENT PER SQFT
-
$1,693
COMP ESTIMATED VALUE -
$0.88
COMP AVG. RENT PER SQFT
Comps Range
-
100 E Buck Street Ennis, TX 3
- 3 beds 2 baths ∙ 1,924 Sqft ∙ Built 2020 3 beds 2 baths ∙ 1,924 Sqft ∙ Built 2020
- Rent
- Rent Per SQFT
- $1,650
- $0.86
-
705 Woodcrest Drive Ennis, TX 1
- 4 beds 2 baths ∙ 1,717 Sqft ∙ Built 2016 4 beds 2 baths ∙ 1,717 Sqft ∙ Built 2016
LEASED 10/10/19- Rent
- Rent Per SQFT
- $1,575
- $0.92
-
2800 Tenison Drive Ennis, TX 2
- 4 beds 3 baths ∙ 1,963 Sqft ∙ Built 2016 4 beds 3 baths ∙ 1,963 Sqft ∙ Built 2016
LEASED 05/11/19- Rent
- Rent Per SQFT
- $1,650
- $0.84
-
2808 Park Street Ennis, TX 4
- 3 beds 2 baths ∙ 1,944 Sqft ∙ Built 2019 3 beds 2 baths ∙ 1,944 Sqft ∙ Built 2019
LEASED 02/25/19- Rent
- Rent Per SQFT
- $1,750
- $0.90
-
1501 Dove Circle Ennis, TX 5
- 4 beds 3 baths ∙ 2,039 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,039 Sqft ∙ Built 2018
LEASED 02/28/19- Rent
- Rent Per SQFT
- $1,750
- $0.86
PROPERTY LISTING DETAILS
Holmquist & Associates Realty
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 14420611
Last Updated: 08/25/2020
