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10439 Lupine Cyn Helotes, TX 78023

3 Beds 2 Baths 2,076 sqft Built 2009

$278,598

List Price

$1,700

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 27, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2009
  • Price/Sqft : $134.20
  • 3 Days on Market
  • MLS # : 1511280
  • Updated Date : 02/27/2021 at 00:11
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,076 sqft
  • Baths : 2 full
Listing Agent

Laughy Hilger Group

Listing Agent's Description

Here's your chance to own this beautifully updated one-story home with office, plus a large bonus room upstairs! The bonus room is a perfect home school, second work from home space, media room, or exercise area! Located on a private street with a greenbelt behind, this home will be loved by you for years! Whether it's afternoons meeting new friends at the homeowners' pool and park-or relaxing with a cold beverage on the secluded and covered back patio-you will love living here! The home features the dependability of a stone and brick exterior, and durable wood and tile floors. The open floorplan with a high ceiling flows from the spacious living space to the kitchen highlighted with a huge granite-topped island! The owner's retreat is special, with privacy and a custom oversized shower! Plus, you'll enjoy thousands in lifetime savings with the electricity generated by multiple solar panels! Desirable homes with affordable prices are in short supply so this is expected to sell quickly. Call to see it today!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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).

PRICE & RENT TRENDS

Neighborhood: West San Antonio

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320kPrice in $91k335k

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

Neighborhood: West San Antonio

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500160017001800190020002100Rent in $8502191

* 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
Kuentz Elementary School Primary Regular 798 49 7
Jefferson Middle School Middle Regular 1,451 79 7
O'connor High School High Regular 3,094 173 8

Kuentz Elementary School

  • Education Level: Primary
  • # of students: 798
  • # of teachers: 49
7
GreatSchools Rating

Jefferson Middle School

  • Education Level: Middle
  • # of students: 1,451
  • # of teachers: 79
7
GreatSchools Rating

O'connor High School

  • Education Level: High
  • # of students: 3,094
  • # of teachers: 173
8
GreatSchools Rating
 

$250,738$306,458$278,598

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 -$968
Property Tax -$574
Property Insurance -$147
HOA -$33
Property Management Fees -$99
CASH FLOW
-$120

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.

$278,598

PROJECTED PRICE

$1,700

PROJECTED RENT

0.61%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 3.9%
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

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$79,578

INVESTMENT

$79,578

Down Payment
$69,650
Rehab Estimate
$5,750
Closing Costs
$4,179

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$968

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $69,650
Loan Amount $208,949
See What Happens When You Reinvest Cash Flow

1.25

YEARS SAVED

$1,968

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
  • $0.82

    LIST RENT PER SQFT
  • $1,713

    COMP ESTIMATED VALUE
  • $0.83

    COMP AVG. RENT PER SQFT
Comps Range
$1,595
1$1,5952$1,6953$1,6954$1,7005$1,700
$1,700
RENT COMPS ANALYSIS
  • 10439 Lupine Cyn Helotes, TX 5
    • 3 beds 2 baths ∙ 2,076 Sqft ∙ Built 2009 3 beds 2 baths ∙ 2,076 Sqft ∙ Built 2009
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.82
    •  
  • 10306 Roseangel Ln Helotes, TX 1
    • 3 beds 3 baths ∙ 1,950 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,950 Sqft ∙ Built 2005
    LEASED 09/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.82
    •  
  • 10107 Roseangel Lane Helotes, TX 2
    • 3 beds 3 baths ∙ 1,950 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,950 Sqft ∙ Built 2006
    LEASED 02/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.87
    •  
  • 10439 Lupine Canyon Helotes, TX 3
    • 3 beds 2 baths ∙ 2,076 Sqft ∙ Built 2008 3 beds 2 baths ∙ 2,076 Sqft ∙ Built 2008
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.82
    •  
  • 10339 Lupine Cyn Helotes, TX 4
    • 3 beds 3 baths ∙ 2,163 Sqft ∙ Built 2007 3 beds 3 baths ∙ 2,163 Sqft ∙ Built 2007
    LEASED 12/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.79
    •  
PROPERTY LISTING DETAILS
Charles Wasson
1.210.478.8555
Laughy Hilger Group
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1511280
Last Updated: 02/27/2021
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