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10811 Buckskin Spur San Antonio, TX 78254

3 Beds 2 Baths 1,691 sqft Built 2005

$224,900

List Price

$1,580

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

January 29, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $133.00
  • 3 Days on Market
  • MLS # : 1506996
  • Updated Date : 01/31/2021 at 02:30
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,691 sqft
  • Baths : 2 full
Listing Agent

Coldwell Banker D'ann Harper

Listing Agent's Description

Well-Maintained Single Story 3 bed / 2 bath home located in the highly desirable Wildhorse subdivision. Move in ready. Open kitchen with smooth-top range, super-sized pantry and wood cabinetry. Refrigerator remains! Second living area could also be used as formal dining or family room with office nook. Master is split from other bedrooms, has a garden tub plus shower and walk-in closet. 2" blinds throughout. Sprinkler system & garage door opener included. Covered patio opens to oversized level backyard. HVAC installed June 2020. Neighborhood amenities include pool, playground, sport court and more! Elementary school in neighborhood.

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: West San Antonio

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220kPrice in $86k235k

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

Neighborhood: West San Antonio

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29001000110012001300140015001600Rent in $8451681

* 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
Krueger Elementary School Primary Regular 1,071 64 9
Jefferson Middle School Middle Regular 1,451 79 7
O'connor High School High Regular 3,094 173 8

Krueger Elementary School

  • Education Level: Primary
  • # of students: 1,071
  • # of teachers: 64
9
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
 

$202,410$247,390$224,900

PURCHASE PRICE

$1,422$1,738$1,580

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,580
EXPENSES Loan Payment -$781
Property Tax -$502
Property Insurance -$125
HOA -$25
Property Management Fees -$99
CASH FLOW
$48

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.

$224,900

PROJECTED PRICE

$1,580

PROJECTED RENT

0.70%

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

PROJECTED ANNUAL CASH FLOW

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

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$65,349

INVESTMENT

$65,349

Down Payment
$56,225
Rehab Estimate
$5,750
Closing Costs
$3,374

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$781

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $56,225
Loan Amount $168,675
See What Happens When You Reinvest Cash Flow

3.67

YEARS SAVED

$7,588

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,580

    LIST RENT
  • $0.93

    LIST RENT PER SQFT
  • $1,577

    COMP ESTIMATED VALUE
  • $0.93

    COMP AVG. RENT PER SQFT
Comps Range
$1,500
1$1,5002$1,5003$1,5004$1,5805$1,600
$1,600
RENT COMPS ANALYSIS
  • 10811 Buckskin Spur San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,691 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,691 Sqft ∙ Built 2005
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,580
    • $0.93
    •  
  • 11011 Arabian Palm San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,668 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,668 Sqft ∙ Built 2006
    property image
    LEASED 04/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.90
    •  
  • 9611 Mustang Farm San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,653 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,653 Sqft ∙ Built 2004
    property image
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.91
    •  
  • 9623 Mustang Farm San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,563 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,563 Sqft ∙ Built 2004
    property image
    LEASED 08/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.96
    •  
  • 10703 Arabian Sands San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,668 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,668 Sqft ∙ Built 2005
    property image
    LEASED 05/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.96
    •  
PROPERTY LISTING DETAILS
Renee Stout
1.210.364.9009
Coldwell Banker D'ann Harper
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1506996
Last Updated: 01/31/2021
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