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

10414 Westfield Pl San Antonio, TX 78240

3 Beds 2 Baths 1,535 sqft Built 1998

$239,900

List Price

$1,410

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

February 11, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1998
  • Price/Sqft : $156.29
  • 4 Days on Market
  • MLS # : 1509302
  • Updated Date : 02/11/2021 at 10:27
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,535 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Legacy

Listing Agent's Description

Come and see this well maintained single level 3 bedroom home in the desirable Westfield subdivision. Large family room with eat-in kitchen and a walk-in pantry. The open floor plan flows throughout with ceramic tile floors for easy maintenance. Walk out the double doors onto your patio with a view of a spacious backyard boasting mature trees and a fenced in yard. Located near the medical center, UTSA, I-10, entertainment, and restaurants. Make this home yours today!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • The metro contributes to 7.2 percent of Texas state economy i.e. Gross State Product (USMayors.org, 2018)

PRICE & RENT TRENDS

Neighborhood: Alamo Farmsteads

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220kPrice in $86k239k

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

Neighborhood: Alamo Farmsteads

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2850900950100010501100115012001250130013501400145015001550Rent in $8451565

* 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
 

$215,910$263,890$239,900

PURCHASE PRICE

$1,269$1,551$1,410

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,410
EXPENSES Loan Payment -$833
Property Tax -$536
Property Insurance -$116
HOA -$19
Property Management Fees -$99
CASH FLOW
-$193

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.

$239,900

PROJECTED PRICE

$1,410

PROJECTED RENT

0.59%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 4.7%
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

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$69,324

INVESTMENT

$69,324

Down Payment
$59,975
Rehab Estimate
$5,750
Closing Costs
$3,599

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$833

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $59,975
Loan Amount $179,925
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$282

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,410

    LIST RENT
  • $0.92

    LIST RENT PER SQFT
  • $1,439

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$1,375
1$1,3752$1,4003$1,4004$1,4105$1,600
$1,600
RENT COMPS ANALYSIS
  • 10414 Westfield Pl San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,535 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,535 Sqft ∙ Built 1998
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,410
    • $0.92
    •  
  • 10535 Westfield Pl San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,535 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,535 Sqft ∙ Built 1999
    property image
    LEASED 05/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,375
    • $0.90
    •  
  • 6738 Country Swan San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,536 Sqft ∙ Built 1984 3 beds 2 baths ∙ 1,536 Sqft ∙ Built 1984
    property image
    LEASED 07/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.91
    •  
  • 6726 Country Field Dr San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,426 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,426 Sqft ∙ Built 1981
    property image
    LEASED 07/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.98
    •  
  • 6770 Country Field Dr San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,672 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,672 Sqft ∙ Built 1981
    property image
    LEASED 12/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.96
    •  
PROPERTY LISTING DETAILS
Shawna Walker
1.808.341.5772
Keller Williams Legacy
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1509302
Last Updated: 02/11/2021
BESbswy