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1067 Hickory Trail St San Antonio, TX 78245

3 Beds 2 Baths 1,210 sqft Built 1977

$139,500

List Price

$1,250

$1.1K - $1.4K

Rent Est.

PROPERTY INFO

January 02, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1977
  • Price/Sqft : $115.29
  • 2 Days on Market
  • MLS # : 1501901
  • Updated Date : 01/02/2021 at 19:26
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,210 sqft
  • Baths : 2 full
Listing Agent

Pecan Tree Realty

Listing Agent's Description

Beautiful and well kept 1 story with great lay-out, come and fall in love with this charming house that is ready for new owners!

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: Heritage

NeighborhoodNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $67k204k

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

Neighborhood: Heritage

NeighborhoodNIR Market*CityMarket2010Year20002019 Q270080090010001100120013001400Rent in $6791456

* 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
Hatchett Elementary School Primary Regular 841 53 5
Pease Middle School Middle Regular 1,139 73 4
Stevens High School High Regular 2,866 172 4

Hatchett Elementary School

  • Education Level: Primary
  • # of students: 841
  • # of teachers: 53
5
GreatSchools Rating

Pease Middle School

  • Education Level: Middle
  • # of students: 1,139
  • # of teachers: 73
4
GreatSchools Rating

Stevens High School

  • Education Level: High
  • # of students: 2,866
  • # of teachers: 172
4
GreatSchools Rating
 

$125,550$153,450$139,500

PURCHASE PRICE

$1,125$1,375$1,250

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,250
EXPENSES Loan Payment -$515
Property Tax -$342
Property Insurance -$97
Property Management Fees -$99
CASH FLOW
$198

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 18% of earned rent to cover both maintenance and periods of vacancy.

$139,500

PROJECTED PRICE

$1,250

PROJECTED RENT

0.90%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 7.3%
Maintenance Year (1-5) 8.00%
Vacancy 9.54%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

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

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$50k$100k$150k$200k$250k$300k$350k$400k$450k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$42,718

INVESTMENT

$42,718

Down Payment
$34,875
Rehab Estimate
$5,750
Closing Costs
$2,093

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$515

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $34,875
Loan Amount $104,625
See What Happens When You Reinvest Cash Flow

8.83

YEARS SAVED

$19,647

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,250

    LIST RENT
  • $1.03

    LIST RENT PER SQFT
  • $1,113

    COMP ESTIMATED VALUE
  • $0.92

    COMP AVG. RENT PER SQFT
Comps Range
$1,195
1$1,1952$1,1953$1,2354$1,2505$1,295
$1,295
RENT COMPS ANALYSIS
  • 1067 Hickory Trail St San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,210 Sqft ∙ Built 1977 3 beds 2 baths ∙ 1,210 Sqft ∙ Built 1977
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $1.03
    •  
  • 9734 Caney Creek Dr San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,272 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,272 Sqft ∙ Built 1973
    LEASED 09/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,195
    • $0.94
    •  
  • 1134 Klondike St San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,360 Sqft ∙ Built 1977 3 beds 2 baths ∙ 1,360 Sqft ∙ Built 1977
    LEASED 01/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,195
    • $0.88
    •  
  • 1303 Tideland St San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,360 Sqft ∙ Built 1977 3 beds 2 baths ∙ 1,360 Sqft ∙ Built 1977
    LEASED 02/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,235
    • $0.91
    •  
  • 9707 Bear Creek Dr San Antonio, TX 5
    • 4 beds 2 baths ∙ 1,368 Sqft ∙ Built 1973 4 beds 2 baths ∙ 1,368 Sqft ∙ Built 1973
    LEASED 01/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.95
    •  
PROPERTY LISTING DETAILS
Fernando Lozano
1.210.317.1903
Pecan Tree Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1501901
Last Updated: 01/02/2021
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