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

10400 Trailway Oak San Antonio, TX 78240

3 Beds 3 Baths 2,302 sqft Built 1993

$290,000

List Price

$1,700

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

January 31, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1993
  • Price/Sqft : $125.98
  • 8 Days on Market
  • MLS # : 1507175
  • Updated Date : 02/02/2021 at 21:53
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,302 sqft
  • Baths : 2 full , 1 half
Listing Agent

Opendoor Brokerage Llc

Listing Agent's Description

This San Antonio two-story cul-de-sac home offers a two-car garage. This home is vacant and cleaned regularly. This home has been virtually staged to illustrate its potential! Thanks for viewing!

SEE MORE

MARKET HIGHLIGHTS

  • The metro contributes to 7.2 percent of Texas state economy i.e. Gross State Product (USMayors.org, 2018)
  • San Antonio metro economy is worth $130 billion in Gross Metro Product and projected to grow to $136 billion in 2019 (USMayors.org, 2018)
  • Five Fortune 500 companies are headquartered in San Antonio: Valero Energy; Tesoro; United Services Automobile Association (USAA); CST Brands; and iHeart Media (Formerly CC Media Holdings).
  • The metro employment growth is at 2.3 per cent and predicted to be at 2.2% in 2019 (USMayors.org, 2018)
  • San Antonio metro has 60.7 percent labor force participation rate (USMayors.org, 2018)

PRICE & RENT TRENDS

Neighborhood: Country View Village

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240kPrice in $86k258k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Country View Village

NeighborhoodNIR Market*CityMarket2010Year20002019 Q290010001100120013001400150016001700Rent in $8451733

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Thornton Elementary School Primary Regular 700 46 6
Rudder Middle School Middle Regular 1,050 66 5
Marshall High School High Regular 2,682 162 5

Thornton Elementary School

  • Education Level: Primary
  • # of students: 700
  • # of teachers: 46
6
GreatSchools Rating

Rudder Middle School

  • Education Level: Middle
  • # of students: 1,050
  • # of teachers: 66
5
GreatSchools Rating

Marshall High School

  • Education Level: High
  • # of students: 2,682
  • # of teachers: 162
5
GreatSchools Rating
 

$261,000$319,000$290,000

PURCHASE PRICE

$1,530$1,870$1,700

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,700
EXPENSES Loan Payment -$1,007
Property Tax -$647
Property Insurance -$160
HOA -$8
Property Management Fees -$99
CASH FLOW
-$221

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 17% of earned rent to cover both maintenance and periods of vacancy.

$290,000

PROJECTED PRICE

$1,700

PROJECTED RENT

0.59%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 5.0%
Maintenance Year (1-5) 8.00%
Vacancy 9.02%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530-$8.0k-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$82,600

INVESTMENT

$82,600

Down Payment
$72,500
Rehab Estimate
$5,750
Closing Costs
$4,350

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 75% down payment or higher enables the proceeds from the asset to cover all costs.

$1,007

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $72,500
Loan Amount $217,500
See What Happens When You Reinvest Cash Flow

0.5

YEARS SAVED

$392

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,700

    LIST RENT
  • $0.74

    LIST RENT PER SQFT
  • $1,899

    COMP ESTIMATED VALUE
  • $0.83

    COMP AVG. RENT PER SQFT
Comps Range
$1,700
1$1,7002$1,7753$1,8504$1,9505$2,015
$2,015
RENT COMPS ANALYSIS
  • 10400 Trailway Oak San Antonio, TX 1
    • 3 beds 3 baths ∙ 2,302 Sqft ∙ Built 1993 3 beds 3 baths ∙ 2,302 Sqft ∙ Built 1993
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.74
    •  
  • 6511 Rambling Trail Dr San Antonio, TX 2
    • 4 beds 3 baths ∙ 2,204 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,204 Sqft ∙ Built 1994
    property image
    LEASED 05/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,775
    • $0.81
    •  
  • 11642 Wood Harbor San Antonio, TX 3
    • 4 beds 3 baths ∙ 2,259 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,259 Sqft ∙ Built 2004
    property image
    LEASED 06/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.82
    •  
  • 6502 Jade Trail San Antonio, TX 4
    • 4 beds 2 baths ∙ 2,386 Sqft ∙ Built 1999 4 beds 2 baths ∙ 2,386 Sqft ∙ Built 1999
    property image
    LEASED 08/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.82
    •  
  • 11226 Jadestone Blvd San Antonio, TX 5
    • 3 beds 2 baths ∙ 2,361 Sqft ∙ Built 1996 3 beds 2 baths ∙ 2,361 Sqft ∙ Built 1996
    property image
    LEASED 01/05/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,015
    • $0.85
    •  
PROPERTY LISTING DETAILS
Feras Rachid
1.214.378.3667
Opendoor Brokerage Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1507175
Last Updated: 02/02/2021
BESbswy