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11315 Fine Design San Antonio, TX 78245

3 Beds 3 Baths 2,090 sqft Built 2016

$239,900

List Price

$1,570

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $114.78
  • 3 Days on Market
  • MLS # : 1512690
  • Updated Date : 03/06/2021 at 04:14
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,090 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Heritage

Listing Agent's Description

Welcome to this inviting open floor-plan home. Looking for Savings...SOLAR PANELS INCLUDED! Enjoy low energy bills and MUCH more! This community is full of amenities for everyone to enjoy, such as family friendly pool, park/playground, basketball court, picnic pavilion. Security system w/cameras, motion sensors, water softener, Nest thermostat, garage door opener all convey. Main level includes flex room & kitchen/dining/living. You'll enjoy cooking/entertaining in the kitchen with a great island, stainless steel appliances & granite countertops. Upstairs features beautiful master suite w/2 secondary bedrooms, versatile HUGE game room and a full bath. Home includes remainder of PULTE 10 year warranty. Schedule your showing TODAY!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • San Antonio metro economy is worth $130 billion in Gross Metro Product and projected to grow to $136 billion in 2019 (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
Potranco Elementary School Primary Regular 807 44 8
Medina Valley Middle School Middle Regular 976 58 5
Medina Valley High School High Regular 1,159 67 6

Potranco Elementary School

  • Education Level: Primary
  • # of students: 807
  • # of teachers: 44
8
GreatSchools Rating

Medina Valley Middle School

  • Education Level: Middle
  • # of students: 976
  • # of teachers: 58
5
GreatSchools Rating

Medina Valley High School

  • Education Level: High
  • # of students: 1,159
  • # of teachers: 67
6
GreatSchools Rating
 

$215,910$263,890$239,900

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 -$833
Property Tax -$536
Property Insurance -$148
HOA -$36
Property Management Fees -$99
CASH FLOW
-$82

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.

$239,900

PROJECTED PRICE

$1,570

PROJECTED RENT

0.65%

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-$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$69,324

INVESTMENT

$69,324

Down Payment
$59,975
Rehab Estimate
$5,750
Closing Costs
$3,599

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$833

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $59,975
Loan Amount $179,925
See What Happens When You Reinvest Cash Flow

1.42

YEARS SAVED

$1,996

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
  • $0.75

    LIST RENT PER SQFT
  • $1,641

    COMP ESTIMATED VALUE
  • $0.79

    COMP AVG. RENT PER SQFT
Comps Range
$1,570
1$1,5702$1,5753$1,5954$1,7455$1,750
$1,750
RENT COMPS ANALYSIS
  • 11315 Fine Design San Antonio, TX 1
    • 3 beds 3 baths ∙ 2,090 Sqft ∙ Built 2016 3 beds 3 baths ∙ 2,090 Sqft ∙ Built 2016
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,570
    • $0.75
    •  
  • 11331 Pink Star San Antonio, TX 2
    • 4 beds 3 baths ∙ 2,037 Sqft ∙ Built 2015 4 beds 3 baths ∙ 2,037 Sqft ∙ Built 2015
    property image
    LEASED 07/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $0.77
    •  
  • 11420 Unbridled San Antonio, TX 3
    • 3 beds 3 baths ∙ 2,090 Sqft ∙ Built 2017 3 beds 3 baths ∙ 2,090 Sqft ∙ Built 2017
    property image
    LEASED 10/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.76
    •  
  • 11307 Decidedly San Antonio, TX 4
    • 3 beds 3 baths ∙ 2,200 Sqft ∙ Built 2015 3 beds 3 baths ∙ 2,200 Sqft ∙ Built 2015
    property image
    LEASED 03/02/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,745
    • $0.79
    •  
  • 2523 Just My Style San Antonio, TX 5
    • 3 beds 3 baths ∙ 2,129 Sqft ∙ Built 2013 3 beds 3 baths ∙ 2,129 Sqft ∙ Built 2013
    property image
    LEASED 08/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.82
    •  
PROPERTY LISTING DETAILS
Teresa Zepeda
1.210.387.2584
Keller Williams Heritage
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1512690
Last Updated: 03/06/2021
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