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10731 Barbwire Pass San Antonio, TX 78254

4 Beds 3 Baths 2,897 sqft Built 2005

$249,900

List Price

$1,710

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

January 29, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $86.26
  • 3 Days on Market
  • MLS # : 1506931
  • Updated Date : 01/31/2021 at 03:44
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,897 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Heritage

Listing Agent's Description

This 2897 square foot gorgeous home boasts 4 bedrooms with 2.5 baths and is located in the desirable Meadows at Bridgewood. It features impeccable finishes throughout, from stunning lamenated hardwood floors both upstairs and down, water softener, to security cameras outside, and front door Ring doorbell. Enjoy several living areas, including a game room, with all 4 bedrooms upstairs. In the chef's kitchen you will find a double oven, stunning backsplash and granite countertops with tons of room to entertain. The family friendly neighborhood is equipped with a pool, playground, basketball and tennis courts, along with hiking/biking trails galore. The A/C and hot water heater are only 2 years old. This home is located on a corner lot, with a lovely fenced yard which is perfect for a growing family in a very desirable area.

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: Bridgewood Homeowners Association

NeighborhoodNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $86k205k

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

Neighborhood: Bridgewood Homeowners Association

NeighborhoodNIR Market*CityMarket2010Year20002019 Q28008509009501000105011001150120012501300135014001450Rent in $7951488

* 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
Ward Elementary School Primary Regular 890 53 8
Jefferson Middle School Middle Regular 1,451 79 7
Taft High School High Regular 2,901 174 7

Ward Elementary School

  • Education Level: Primary
  • # of students: 890
  • # of teachers: 53
8
GreatSchools Rating

Jefferson Middle School

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

Taft High School

  • Education Level: High
  • # of students: 2,901
  • # of teachers: 174
7
GreatSchools Rating
 

$224,910$274,890$249,900

PURCHASE PRICE

$1,539$1,881$1,710

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,710
EXPENSES Loan Payment -$868
Property Tax -$558
Property Insurance -$194
HOA -$31
Property Management Fees -$99
CASH FLOW
-$40

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.

$249,900

PROJECTED PRICE

$1,710

PROJECTED RENT

0.68%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 5.8%
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-$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$71,974

INVESTMENT

$71,974

Down Payment
$62,475
Rehab Estimate
$5,750
Closing Costs
$3,749

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$868

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $62,475
Loan Amount $187,425
See What Happens When You Reinvest Cash Flow

2.08

YEARS SAVED

$3,297

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,710

    LIST RENT
  • $0.59

    LIST RENT PER SQFT
  • $1,695

    COMP ESTIMATED VALUE
  • $0.59

    COMP AVG. RENT PER SQFT
Comps Range
$1,650
1$1,6502$1,6753$1,7004$1,7105$1,795
$1,795
RENT COMPS ANALYSIS
  • 10731 Barbwire Pass San Antonio, TX 4
    • 4 beds 3 baths ∙ 2,897 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,897 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $1,710
    • $0.59
    •  
  • 11011 Andover Peak San Antonio, TX 1
    • 3 beds 3 baths ∙ 2,928 Sqft ∙ Built 2004 3 beds 3 baths ∙ 2,928 Sqft ∙ Built 2004
    LEASED 10/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.56
    •  
  • 11131 Liberty Field San Antonio, TX 2
    • 4 beds 3 baths ∙ 2,991 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,991 Sqft ∙ Built 2006
    LEASED 04/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,675
    • $0.56
    •  
  • 10822 Butterfly Flat San Antonio, TX 3
    • 4 beds 3 baths ∙ 2,897 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,897 Sqft ∙ Built 2004
    LEASED 05/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.59
    •  
  • 7302 Cortland Oak San Antonio, TX 5
    • 4 beds 3 baths ∙ 2,858 Sqft ∙ Built 2008 4 beds 3 baths ∙ 2,858 Sqft ∙ Built 2008
    LEASED 11/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.63
    •  
PROPERTY LISTING DETAILS
Cynthia Enloe
1.210.929.8522
Keller Williams Heritage
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1506931
Last Updated: 01/31/2021
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