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11540 Twining Branch Circle Fort Worth, TX 76052

5 Beds 4 Baths 3,327 sqft Built 2015

$379,000

List Price

$2,110

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

December 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2015
  • Price/Sqft : $113.92
  • 2 Days on Market
  • MLS # : 14485326
  • Updated Date : 12/11/2020 at 20:31
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,327 sqft
  • Baths : 4 full
Listing Agent

Fathom Realty, Llc

Listing Agent's Description

Gorgeous home on oversized lot in Northwest ISD! Warm and inviting, this home has all the space you need inside and out. From the oversized garage to the incredible 2 story family room, there is room to work, play and relax with all your favorite people. Inside you will find a warm neutral color scheme with wood floors, granite counters, tons of natural light, and an open concept great room that is perfect for entertaining. Three of the five bedrooms have private baths and the dining room is ideal for large gatherings. The private study is ready for work or school and the gameroom is spectacular for movie night and all your favorite activities. Storage galore plus a unique floorplan make this one truly special!

SEE MORE

MARKET HIGHLIGHTS

  • . Dallas has 7th largest concentration of high-tech jobs in the U.S. (Dallas Chamber)
  • # 1 in the country for job growth in 2017 (2.6% growth, 91,700 new jobs) (US Census, Forbes, 2017)
  • Dallas metro's economy is worth $579 billion in Gross Metro Product and projected to grow to $613 billion in 2019 (USMayors.org, 2018)
  • Home to 20 Fortune 500 headquarters, 39 Fortune 1000 headquarters and 12 of Forbes' top private companies (Fortune)
  • Dallas metro contributes to 31.9%% of Texas state economy i.e. Gross State Product (USMayors.org, 2018)
  • Dallas metro has 67.1% labor force participation rate higher than the national rate 62.8% (USMayors.org, 2018)

PRICE & RENT TRENDS

Zip Code: 76052

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320kPrice in $123k336k

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

Zip Code: 76052

ZipNIR Market*CityMarket2010Year20002019 Q21200130014001500160017001800190020002100Rent in $11262171

* 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
Carl E. Schluter Elementary School Primary Regular 524 33 7
Chisholm Trail Middle School Middle Regular 899 64 7
Byron Nelson High School High Regular 2,552 147 8

Carl E. Schluter Elementary School

  • Education Level: Primary
  • # of students: 524
  • # of teachers: 33
7
GreatSchools Rating

Chisholm Trail Middle School

  • Education Level: Middle
  • # of students: 899
  • # of teachers: 64
7
GreatSchools Rating

Byron Nelson High School

  • Education Level: High
  • # of students: 2,552
  • # of teachers: 147
8
GreatSchools Rating
 

$341,100$416,900$379,000

PURCHASE PRICE

$1,899$2,321$2,110

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,110
EXPENSES Loan Payment -$1,398
Property Tax -$869
Property Insurance -$219
HOA -$24
Property Management Fees -$99
CASH FLOW
-$500

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.

$379,000

PROJECTED PRICE

$2,110

PROJECTED RENT

0.56%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 7.5%
Maintenance Year (1-5) 8.00%
Vacancy 6.93%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$12k-$10k-$8.0k-$6.0k-$4.0k-$2.0k$0.0$2.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$106,185

INVESTMENT

$106,185

Down Payment
$94,750
Rehab Estimate
$5,750
Closing Costs
$5,685

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 80% down payment or higher enables the proceeds from the asset to cover all costs.

$1,398

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $94,750
Loan Amount $284,250
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$61

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,110

    LIST RENT
  • $0.63

    LIST RENT PER SQFT
  • $2,312

    COMP ESTIMATED VALUE
  • $0.7

    COMP AVG. RENT PER SQFT
Comps Range
$1,950
1$1,9502$2,1103$2,2004$2,5005$2,800
$2,800
RENT COMPS ANALYSIS
  • 11540 Twining Branch Circle Fort Worth, TX 2
    • 5 beds 4 baths ∙ 3,327 Sqft ∙ Built 2015 5 beds 4 baths ∙ 3,327 Sqft ∙ Built 2015
    • Rent
    • Rent Per SQFT
    •  
    • $2,110
    • $0.63
    •  
  • 10512 Turning Leaf Trail Fort Worth, TX 1
    • 4 beds 3 baths ∙ 3,045 Sqft ∙ Built 2005 4 beds 3 baths ∙ 3,045 Sqft ∙ Built 2005
    LEASED 11/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.64
    •  
  • 10477 Hideaway Trail Fort Worth, TX 3
    • 6 beds 4 baths ∙ 3,372 Sqft ∙ Built 2005 6 beds 4 baths ∙ 3,372 Sqft ∙ Built 2005
    LEASED 09/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.65
    •  
  • 1152 Crest Breeze Drive Fort Worth, TX 4
    • 5 beds 3 baths ∙ 3,480 Sqft ∙ Built 2013 5 beds 3 baths ∙ 3,480 Sqft ∙ Built 2013
    LEASED 10/04/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.72
    •  
  • 1313 Mesa Crest Drive Fort Worth, TX 5
    • 4 beds 4 baths ∙ 3,631 Sqft ∙ Built 2012 4 beds 4 baths ∙ 3,631 Sqft ∙ Built 2012
    LEASED 08/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $0.77
    •  
PROPERTY LISTING DETAILS
Rebecca Davis
Fathom Realty, Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14485326
Last Updated: 12/11/2020
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