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PROPERTY INFO
FACTS
- Single Family
- Built In 2021
- Price/Sqft : $169.61
- 2 Days on Market
- MLS # : 14504212
- Updated Date : 01/23/2021 at 17:00
CONSTRUCTION
- Beds : 3
- Floor Size : 2,210 sqft
- Baths : 2 full
Listing Agent
Keller Williams Realty Dpr
Listing Agent's Description
Gorgeous new home in Hideaway Acres without the wait, ready in February! Desired Keller ISD schools. Lillian Custom Homes, The Pinto Plan offers 3 Bedrooms, 2 Full Bathrooms, Open Concept Kitchen with Island overlooking Breakfast & Living Room, Study, Formal Dining, Elegant Rotunda, Art Niches, Walk-In Closets, Stainless Steel Appliances, Covered Porch & Patio, full sprinkler & sod, & 2 Car Garage. Upgraded cat 6 wiring. Each Lillian Custom Home is Energy Efficient. Savant Smart Home. Ask about our Hometown Heroes program. Located in northern Fort Worth near top employers, shopping, and entertainment.
SEE MORE
- 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)
- # 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)
PRICE & RENT TRENDS
Zip Code: 76244
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 76244
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
Sorry, we do not have sufficient school data for this neighborhood.
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,840 |
| EXPENSES | Loan Payment | -$1,302 |
| Property Tax | -$859 | |
| Property Insurance | -$155 | |
| HOA | -$46 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$621
|
||
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.
$374,828
PROJECTED PRICE
$1,840
PROJECTED RENT
0.49%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.94% |
| Appreciation Year (1-5) | 7.0% |
| Maintenance Year (1-5) | 3.00% |
| 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
$101,329
LOAN DETAILS
$1,302
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $93,707 |
| Loan Amount | $281,121 |
-0.08
YEARS SAVED
-$9
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,840
LIST RENT -
$0.83
LIST RENT PER SQFT
-
$1,862
COMP ESTIMATED VALUE -
$0.84
COMP AVG. RENT PER SQFT
Comps Range
-
10328 Linger Lane Fort Worth, TX 3
- 3 beds 2 baths ∙ 2,210 Sqft ∙ Built 2021 3 beds 2 baths ∙ 2,210 Sqft ∙ Built 2021
- Rent
- Rent Per SQFT
- $1,840
- $0.83
-
5012 Pinellas Avenue Fort Worth, TX 1
- 3 beds 2 baths ∙ 2,217 Sqft ∙ Built 2006 3 beds 2 baths ∙ 2,217 Sqft ∙ Built 2006
LEASED 06/04/20- Rent
- Rent Per SQFT
- $1,800
- $0.81
-
4813 Trail Hollow Drive Fort Worth, TX 2
- 4 beds 3 baths ∙ 2,190 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,190 Sqft ∙ Built 2005
LEASED 07/14/20- Rent
- Rent Per SQFT
- $1,800
- $0.82
-
5024 Escambia Terrace Fort Worth, TX 4
- 3 beds 2 baths ∙ 2,094 Sqft ∙ Built 2007 3 beds 2 baths ∙ 2,094 Sqft ∙ Built 2007
LEASED 04/07/20- Rent
- Rent Per SQFT
- $1,895
- $0.90
-
4909 Trail Hollow Drive Fort Worth, TX 5
- 4 beds 3 baths ∙ 2,260 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,260 Sqft ∙ Built 2004
LEASED 05/15/20- Rent
- Rent Per SQFT
- $1,900
- $0.84
PROPERTY LISTING DETAILS
Keller Williams Realty Dpr
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 14504212
Last Updated: 01/23/2021
