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11211 Grapevine Hill San Antonio, TX 78245

4 Beds 3 Baths 2,454 sqft Built 2010

$245,000

List Price

$1,570

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

February 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2010
  • Price/Sqft : $99.84
  • 3 Days on Market
  • MLS # : 1508413
  • Updated Date : 02/06/2021 at 01:28
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,454 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Heritage

Listing Agent's Description

Immaculate home in popular Laurel Mountain Ranch. Open floor plan with spacious kitchen featuring upgraded cabinets and tile backsplash. Water softener and whole house water filtration system. Beautiful arches throughout home. Large master bedroom boasts garden tub/shower, dual closets, his and hers separate vanities. Four bedrooms with game room upstairs. Neighborhood amenities includes pool, park, playground. Located in sought after NISD school district. Easy access to 1604, shopping, dining and more.

SEE MORE

MARKET HIGHLIGHTS

  • The metro contributes to 7.2 percent of Texas state economy i.e. Gross State Product (USMayors.org, 2018)
  • 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)

PRICE & RENT TRENDS

Neighborhood: West San Antonio

ZipNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $86k205k

* 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
Behlau Elementary School Primary Regular 820 50 4
Luna Middle School Middle Regular 1,242 70 6
Brennan High School High Regular 2,455 137 7

Behlau Elementary School

  • Education Level: Primary
  • # of students: 820
  • # of teachers: 50
4
GreatSchools Rating

Luna Middle School

  • Education Level: Middle
  • # of students: 1,242
  • # of teachers: 70
6
GreatSchools Rating

Brennan High School

  • Education Level: High
  • # of students: 2,455
  • # of teachers: 137
7
GreatSchools Rating
 

$220,500$269,500$245,000

PURCHASE PRICE

$1,413$1,727$1,570

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,570
EXPENSES Loan Payment -$851
Property Tax -$547
Property Insurance -$169
HOA -$29
Property Management Fees -$99
CASH FLOW
-$125

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.

$245,000

PROJECTED PRICE

$1,570

PROJECTED RENT

0.64%

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-$6.0k-$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$70,675

INVESTMENT

$70,675

Down Payment
$61,250
Rehab Estimate
$5,750
Closing Costs
$3,675

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$851

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $61,250
Loan Amount $183,750
See What Happens When You Reinvest Cash Flow

0.92

YEARS SAVED

$1,092

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,570

    LIST RENT
  • $0.64

    LIST RENT PER SQFT
  • $1,724

    COMP ESTIMATED VALUE
  • $0.7

    COMP AVG. RENT PER SQFT
Comps Range
$1,570
1$1,5702$1,6253$1,7974$1,8005$1,825
$1,825
RENT COMPS ANALYSIS
  • 11211 Grapevine Hill San Antonio, TX 1
    • 4 beds 3 baths ∙ 2,454 Sqft ∙ Built 2010 4 beds 3 baths ∙ 2,454 Sqft ∙ Built 2010
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,570
    • $0.64
    •  
  • 2218 Baxter Station San Antonio, TX 2
    • 3 beds 3 baths ∙ 2,438 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,438 Sqft ∙ Built 2005
    property image
    LEASED 07/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,625
    • $0.67
    •  
  • 11322 Dodson Trail San Antonio, TX 3
    • 4 beds 3 baths ∙ 2,521 Sqft ∙ Built 2014 4 beds 3 baths ∙ 2,521 Sqft ∙ Built 2014
    property image
    LEASED 05/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,797
    • $0.71
    •  
  • 1722 Cool Breeze San Antonio, TX 4
    • 4 beds 3 baths ∙ 2,546 Sqft ∙ Built 2013 4 beds 3 baths ∙ 2,546 Sqft ∙ Built 2013
    property image
    LEASED 01/04/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.71
    •  
  • 11310 Oaks Hike San Antonio, TX 5
    • 4 beds 3 baths ∙ 2,526 Sqft ∙ Built 2014 4 beds 3 baths ∙ 2,526 Sqft ∙ Built 2014
    property image
    LEASED 10/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,825
    • $0.72
    •  
PROPERTY LISTING DETAILS
Kelly Gonzalez
1.210.601.0433
Keller Williams Heritage
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1508413
Last Updated: 02/06/2021
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