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11155 Vollmer Ln San Antonio, TX 78254

4 Beds 3 Baths 2,278 sqft Built 2002

$220,000

List Price

$1,460

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

November 05, 2020 RECENTLY ADDED
FACTS
  • Built In 2002
  • Price/Sqft : $96.58
  • 4 Days on Market
  • MLS # : 1493279
  • Updated Date : 11/06/2020 at 14:46
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,278 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Heritage

Listing Agent's Description

MULTIPLE OFFER SITUATION!!! OPEN HOUSE - SATURDAY, NOVEMBER 7TH FROM 1:00 PM TO 4:00 PM. STOP BY TO SEE THIS AWESOME HOUSE. Beautiful 2 story home in the sought after Bridgewood Subdivision. This spacious home has it all. The downstairs boasts high ceilings, an open floor plan, tile flooring, two separate eating areas, a large living room and gourmet kitchen. Upstairs features 4 bedrooms with 2 full bathrooms as well as a game room. The master suite is split from the secondary bedrooms and has a large master bathroom with double vanity and shower/tub combo. Great backyard with large shed and backs to a greenbelt. The neighborhood amenities include a pavilion, the playground, and the large pool for the whole family. Home is conveniently located near HWY 151 and Loop 1604. The elementary and middle schools are within walking distance. You are minutes away from HEB, Target, Walmart and lots of restaurants. Visit this beautiful home and you will fall in love.

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
 

$198,000$242,000$220,000

PURCHASE PRICE

$1,314$1,606$1,460

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,460
EXPENSES Loan Payment -$812
Property Tax -$491
Property Insurance -$159
HOA -$20
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.

$220,000

PROJECTED PRICE

$1,460

PROJECTED RENT

0.66%

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

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$64,050

INVESTMENT

$64,050

Down Payment
$55,000
Rehab Estimate
$5,750
Closing Costs
$3,300

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$812

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $55,000
Loan Amount $165,000
See What Happens When You Reinvest Cash Flow

1.08

YEARS SAVED

$1,342

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,460

    LIST RENT
  • $0.64

    LIST RENT PER SQFT
  • $1,447

    COMP ESTIMATED VALUE
  • $0.64

    COMP AVG. RENT PER SQFT
Comps Range
$1,375
1$1,3752$1,4003$1,4454$1,4605$1,595
$1,595
RENT COMPS ANALYSIS
  • 11155 Vollmer Ln San Antonio, TX 4
    • 4 beds 3 baths ∙ 2,278 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,278 Sqft ∙ Built 2002
    • Rent
    • Rent Per SQFT
    •  
    • $1,460
    • $0.64
    •  
  • 11127 Vollmer Ln San Antonio, TX 1
    • 4 beds 3 baths ∙ 2,278 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,278 Sqft ∙ Built 2004
    LEASED 12/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,375
    • $0.60
    •  
  • 11350 Victory Cavern San Antonio, TX 2
    • 4 beds 3 baths ∙ 2,278 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,278 Sqft ∙ Built 2004
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.61
    •  
  • 11259 Vollmer Ln San Antonio, TX 3
    • 4 beds 3 baths ∙ 2,278 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,278 Sqft ∙ Built 2003
    LEASED 02/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,445
    • $0.63
    •  
  • 11032 Monahan Park San Antonio, TX 5
    • 4 beds 3 baths ∙ 2,278 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,278 Sqft ∙ Built 2004
    LEASED 01/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.70
    •  
PROPERTY LISTING DETAILS
Erika Chapa
1.210.854.9326
Keller Williams Heritage
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1493279
Last Updated: 11/06/2020
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