Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2018
- Price/Sqft : $107.09
- 3 Days on Market
- MLS # : 14496824
- Updated Date : 01/08/2021 at 22:00
CONSTRUCTION
- Beds : 4
- Floor Size : 3,034 sqft
- Baths : 2 full , 1 half
Listing Agent
Josh Deshong Real Estate, Llc
Listing Agent's Description
Feature packed, extraordinary home in the heart of Anna, TX. As growth and demand continue trending upwards in this area, this home is one to come see! A true custom built home with a desirable layout. TWO Master Bedrooms. One downstairs, and the other upstairs with it's own, private living quarters. Fully equipped with a separate living area and kitchen! You'll have trouble finding anything like it in this location and at this price point. Great schools. Highly sought after neighborhood. Large lot. 2018 build! This home is truly move-in ready. Schedule your showing today!
SEE MORE
- # 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)
- . Dallas has 7th largest concentration of high-tech jobs in the U.S. (Dallas Chamber)
PRICE & RENT TRENDS
Zip Code: 75409
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 75409
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,000 |
| EXPENSES | Loan Payment | -$1,129 |
| Property Tax | -$654 | |
| Property Insurance | -$203 | |
| HOA | -$41 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$125
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.
$324,900
PROJECTED PRICE
$2,000
PROJECTED RENT
0.62%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.94% |
| Appreciation Year (1-5) | 9.7% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.93% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$91,849
LOAN DETAILS
$1,129
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $81,225 |
| Loan Amount | $243,675 |
2.42
YEARS SAVED
$5,868
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,000
LIST RENT -
$0.66
LIST RENT PER SQFT
-
$2,276
COMP ESTIMATED VALUE -
$0.75
COMP AVG. RENT PER SQFT
Comps Range
-
1025 Sheldon Drive Anna, TX 4
- 4 beds 3 baths ∙ 3,034 Sqft ∙ Built 2018 4 beds 3 baths ∙ 3,034 Sqft ∙ Built 2018
![property image]()
- Rent
- Rent Per SQFT
- $2,000
- $0.66
-
2013 Helmoken Falls Drive Anna, TX 1
- 4 beds 3 baths ∙ 2,696 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,696 Sqft ∙ Built 2005
![property image]()
LEASED 11/04/20- Rent
- Rent Per SQFT
- $1,850
- $0.69
-
1601 Red Oak Trail Anna, TX 2
- 4 beds 3 baths ∙ 2,836 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,836 Sqft ∙ Built 2002
![property image]()
LEASED 07/16/20- Rent
- Rent Per SQFT
- $2,000
- $0.71
-
2008 Helmoken Falls Drive Anna, TX 3
- 5 beds 3 baths ∙ 2,709 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,709 Sqft ∙ Built 2005
![property image]()
LEASED 08/20/20- Rent
- Rent Per SQFT
- $2,000
- $0.74
-
401 Bamborough Drive Anna, TX 5
- 4 beds 3 baths ∙ 3,029 Sqft ∙ Built 2017 4 beds 3 baths ∙ 3,029 Sqft ∙ Built 2017
![property image]()
LEASED 05/24/20- Rent
- Rent Per SQFT
- $2,600
- $0.86
PROPERTY LISTING DETAILS
Josh Deshong Real Estate, Llc
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 14496824
Last Updated: 01/08/2021
