Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

11651 Hidden Terrace San Antonio, TX 78245

3 Beds 3 Baths 2,038 sqft Built 2015

$230,000

List Price

$1,550

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

January 01, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2015
  • Price/Sqft : $112.86
  • 3 Days on Market
  • MLS # : 1501775
  • Updated Date : 01/03/2021 at 00:30
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,038 sqft
  • Baths : 2 full , 1 half
Listing Agent

3d Realty & Property Mgmt.

Listing Agent's Description

LAUREL MOUNTAIN RANCH - Spacious, modern home that features an Open Floor Plan, Walk-in Pantry, Breakfast Bar, Granite Countertops, Loft, Covered Patio with deck, Bench on deck and Firepit. Greenbelt. All bedrooms Upstairs, Walk in Master Closet. New Plush Carpet Upstairs. Refrigerator Included in sale with a Full Price Offer. Please remove shoes if raining or wet outside. Closing can not happen before Feb. 9th.

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: 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
 

$207,000$253,000$230,000

PURCHASE PRICE

$1,395$1,705$1,550

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,550
EXPENSES Loan Payment -$849
Property Tax -$513
Property Insurance -$145
HOA -$29
Property Management Fees -$99
CASH FLOW
-$85

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.

$230,000

PROJECTED PRICE

$1,550

PROJECTED RENT

0.67%

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$8.0k

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$66,700

INVESTMENT

$66,700

Down Payment
$57,500
Rehab Estimate
$5,750
Closing Costs
$3,450

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$849

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $57,500
Loan Amount $172,500
See What Happens When You Reinvest Cash Flow

1.42

YEARS SAVED

$2,514

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,550

    LIST RENT
  • $0.76

    LIST RENT PER SQFT
  • $1,549

    COMP ESTIMATED VALUE
  • $0.76

    COMP AVG. RENT PER SQFT
Comps Range
$1,450
1$1,4502$1,5003$1,5004$1,5505$1,625
$1,625
RENT COMPS ANALYSIS
  • 11651 Hidden Terrace San Antonio, TX 4
    • 3 beds 3 baths ∙ 2,038 Sqft ∙ Built 2015 3 beds 3 baths ∙ 2,038 Sqft ∙ Built 2015
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.76
    •  
  • 2118 Red Rock Xing San Antonio, TX 1
    • 3 beds 3 baths ∙ 1,929 Sqft ∙ Built 2007 3 beds 3 baths ∙ 1,929 Sqft ∙ Built 2007
    property image
    LEASED 02/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.75
    •  
  • 11519 Verde Bend San Antonio, TX 2
    • 3 beds 3 baths ∙ 2,038 Sqft ∙ Built 2014 3 beds 3 baths ∙ 2,038 Sqft ∙ Built 2014
    property image
    LEASED 03/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.74
    •  
  • 11114 Camp Creek Trail San Antonio, TX 3
    • 3 beds 3 baths ∙ 2,002 Sqft ∙ Built 2010 3 beds 3 baths ∙ 2,002 Sqft ∙ Built 2010
    property image
    LEASED 06/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.75
    •  
  • 11519 Goat Peak San Antonio, TX 5
    • 3 beds 3 baths ∙ 2,038 Sqft ∙ Built 2014 3 beds 3 baths ∙ 2,038 Sqft ∙ Built 2014
    property image
    LEASED 12/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,625
    • $0.80
    •  
PROPERTY LISTING DETAILS
Sharon Mercer Barnes
1.210.391.9720
3d Realty & Property Mgmt.
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1501775
Last Updated: 01/03/2021
BESbswy