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11047 White Sands St Live Oak, TX 78233

3 Beds 2 Baths 1,316 sqft Built 1978

$209,900

List Price

$1,290

$1.2K - $1.4K

Rent Est.

PROPERTY INFO

January 09, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1978
  • Price/Sqft : $159.50
  • 2 Days on Market
  • MLS # : 1502981
  • Updated Date : 01/09/2021 at 15:45
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,316 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Legacy

Listing Agent's Description

Gorgeous & completely remodeled home in Live Oak Estates! Light & bright floor plan with upgrades throughout. Gourmet kitchen with gas cooking, new stainless steel appliances, sleek gray cabinets & quartz countertops. Beautiful new scraped hickory laminate flooring, new ceramic tile & no carpet! New roof, new HVAC system, mudroom area, new toilets, new tubs/showers & new light fixtures. Relaxing master suite & spacious bedrooms. Large backyard with mature trees, shed & plenty of space to play. Awesome NE location close to Randolph AFB, Ft Sam, major highways & employers. WELCOME HOME!

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: Cimarron

NeighborhoodNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $86k205k

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

Neighborhood: Cimarron

NeighborhoodNIR Market*CityMarket2010Year20002019 Q28509009501000105011001150120012501300135014001450Rent in $8021472

* 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
Crestview Elementary School Primary Regular 568 40 10
Kitty Hawk Middle School Middle Regular 1,298 83 6
Veterans Memorial High School High Regular NA

Crestview Elementary School

  • Education Level: Primary
  • # of students: 568
  • # of teachers: 40
10
GreatSchools Rating

Kitty Hawk Middle School

  • Education Level: Middle
  • # of students: 1,298
  • # of teachers: 83
6
GreatSchools Rating

Veterans Memorial High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$188,910$230,890$209,900

PURCHASE PRICE

$1,161$1,419$1,290

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,290
EXPENSES Loan Payment -$729
Property Tax -$459
Property Insurance -$103
Property Management Fees -$99
CASH FLOW
-$100

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.

$209,900

PROJECTED PRICE

$1,290

PROJECTED RENT

0.61%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 7.0%
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-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k

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$61,374

INVESTMENT

$61,374

Down Payment
$52,475
Rehab Estimate
$5,750
Closing Costs
$3,149

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$729

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $52,475
Loan Amount $157,425
See What Happens When You Reinvest Cash Flow

1.25

YEARS SAVED

$1,366

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,290

    LIST RENT
  • $0.98

    LIST RENT PER SQFT
  • $1,293

    COMP ESTIMATED VALUE
  • $0.98

    COMP AVG. RENT PER SQFT
Comps Range
$1,250
1$1,2502$1,2903$1,2954$1,3405$1,395
$1,395
RENT COMPS ANALYSIS
  • 11047 White Sands St Live Oak, TX 2
    • 3 beds 2 baths ∙ 1,316 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,316 Sqft ∙ Built 1978
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,290
    • $0.98
    •  
  • 11205 Champion Oak Live Oak, TX 1
    • 3 beds 2 baths ∙ 1,316 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,316 Sqft ∙ Built 1978
    property image
    LEASED 04/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.95
    •  
  • 7705 Hunter Oaks St Live Oak, TX 3
    • 3 beds 2 baths ∙ 1,327 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,327 Sqft ∙ Built 1978
    property image
    LEASED 08/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.98
    •  
  • 7610 Borden Oak St Live Oak, TX 4
    • 3 beds 2 baths ∙ 1,316 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,316 Sqft ∙ Built 1978
    property image
    LEASED 11/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,340
    • $1.02
    •  
  • 7409 Old Spanish Trail Live Oak, TX 5
    • 3 beds 2 baths ∙ 1,427 Sqft ∙ Built 1974 3 beds 2 baths ∙ 1,427 Sqft ∙ Built 1974
    property image
    LEASED 10/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.98
    •  
PROPERTY LISTING DETAILS
Lisa Sinn
1.210.789.9617
Keller Williams Legacy
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1502981
Last Updated: 01/09/2021
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