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11706 Garnet Sunset San Antonio, TX 78245

4 Beds 3 Baths 2,325 sqft Built 2016

$260,000

List Price

$1,660

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 20, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $111.83
  • 3 Days on Market
  • MLS # : 1515357
  • Updated Date : 03/19/2021 at 23:27
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,325 sqft
  • Baths : 2 full , 1 half
Listing Agent

Coldwell Banker D'ann Harper

Listing Agent's Description

Beautiful move-in ready two-story home has 4 bedrooms and 2.5 bathrooms. Kitchen features recessed lighting, a breakfast bar, granite countertops, stainless steel appliances, and a decorative backsplash. Upstairs is a wonderful game room/media/playroom. Owner's retreat has a fully customized walk-in closet. The best feature is that it backs up to a greenbelt with walking trails! It is conveniently located near shopping, dining and recreation with easy access to loop 1604. Only 12 mins. to Lackland AFB! Check out the video tour: https://youtu.be/Pp0sS0qOnFY

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
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
 

$234,000$286,000$260,000

PURCHASE PRICE

$1,494$1,826$1,660

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,660
EXPENSES Loan Payment -$903
Property Tax -$580
Property Insurance -$161
HOA -$33
Property Management Fees -$99
CASH FLOW
-$117

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.

$260,000

PROJECTED PRICE

$1,660

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$700k

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$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$74,650

INVESTMENT

$74,650

Down Payment
$65,000
Rehab Estimate
$5,750
Closing Costs
$3,900

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$903

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $65,000
Loan Amount $195,000
See What Happens When You Reinvest Cash Flow

1.17

YEARS SAVED

$1,491

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,660

    LIST RENT
  • $0.71

    LIST RENT PER SQFT
  • $1,709

    COMP ESTIMATED VALUE
  • $0.74

    COMP AVG. RENT PER SQFT
Comps Range
$1,650
1$1,6502$1,6603$1,8254$1,8305$1,895
$1,895
RENT COMPS ANALYSIS
  • 11706 Garnet Sunset San Antonio, TX 2
    • 4 beds 3 baths ∙ 2,325 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,325 Sqft ∙ Built 2016
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,660
    • $0.71
    •  
  • 11515 Sheep Hair San Antonio, TX 1
    • 4 beds 3 baths ∙ 2,269 Sqft ∙ Built 2013 4 beds 3 baths ∙ 2,269 Sqft ∙ Built 2013
    property image
    LEASED 05/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.73
    •  
  • 11502 Butterfly Walk San Antonio, TX 3
    • 4 beds 3 baths ∙ 2,503 Sqft ∙ Built 2015 4 beds 3 baths ∙ 2,503 Sqft ∙ Built 2015
    property image
    LEASED 10/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,825
    • $0.73
    •  
  • 1903 Golden Maple San Antonio, TX 4
    • 4 beds 3 baths ∙ 2,513 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,513 Sqft ∙ Built 2018
    property image
    LEASED 10/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,830
    • $0.73
    •  
  • 1911 Camp Light Way San Antonio, TX 5
    • 4 beds 3 baths ∙ 2,513 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,513 Sqft ∙ Built 2017
    property image
    LEASED 03/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.75
    •  
PROPERTY LISTING DETAILS
Jason Payne
1.210.254.4425
Coldwell Banker D'ann Harper
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1515357
Last Updated: 03/19/2021
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