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120 Nesting Tree San Antonio, TX 78253

4 Beds 4 Baths 2,776 sqft Built 2010

$264,900

List Price

$1,840

$1.7K - $2K

Rent Est.

PROPERTY INFO

January 07, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2010
  • Price/Sqft : $95.43
  • 4 Days on Market
  • MLS # : 1502619
  • Updated Date : 01/07/2021 at 19:41
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,776 sqft
  • Baths : 3 full , 1 half
Listing Agent

Keller Williams Heritage

Listing Agent's Description

Pride of Ownership shows throughout this updated Redbird Ranch gem! Features: gorgeous curb appeal, open floor plan, surround sound throughout entire home, wood laminate & tile floors downstairs, spacious eat-in island kitchen w/gas cooking, stainless steel appliances & tons of storage open to inviting family room, two dining areas, private owner's retreat downstairs w/updated en-suite, second owner's retreat upstairs w/updated en-suite, spacious secondary bedrooms & updated bathrooms, walk-in closets, huge game room/media room. Private backyard w/covered patio, wood deck, lush landscaping, garden areas & mature trees nestled on 0.14 acre lot. Convenient neighborhood amenities with 2 pools, tennis courts, sports court, park/playground, clubhouse & jogging trails. Don't miss out on this Stunning Home!

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

Zip Code: 78253

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280kPrice in $86k290k

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

Zip Code: 78253

ZipNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500160017001800Rent in $8451847

* 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
 

$238,410$291,390$264,900

PURCHASE PRICE

$1,656$2,024$1,840

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,840
EXPENSES Loan Payment -$920
Property Tax -$488
Property Insurance -$187
HOA -$44
Property Management Fees -$99
CASH FLOW
$102

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.

$264,900

PROJECTED PRICE

$1,840

PROJECTED RENT

0.69%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.11%
Appreciation Year (1-5) 2.4%
Maintenance Year (1-5) 8.00%
Vacancy 9.32%
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-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

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$75,949

INVESTMENT

$75,949

Down Payment
$66,225
Rehab Estimate
$5,750
Closing Costs
$3,974

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$920

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $66,225
Loan Amount $198,675
See What Happens When You Reinvest Cash Flow

4.33

YEARS SAVED

$10,689

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,840

    LIST RENT
  • $0.66

    LIST RENT PER SQFT
  • $1,853

    COMP ESTIMATED VALUE
  • $0.67

    COMP AVG. RENT PER SQFT
Comps Range
$1,750
1$1,7502$1,7953$1,8404$1,8955$1,900
$1,900
RENT COMPS ANALYSIS
  • 120 Nesting Tree San Antonio, TX 3
    • 4 beds 4 baths ∙ 2,776 Sqft ∙ Built 2010 4 beds 4 baths ∙ 2,776 Sqft ∙ Built 2010
    • Rent
    • Rent Per SQFT
    •  
    • $1,840
    • $0.66
    •  
  • 143 Cardinal Way San Antonio, TX 1
    • 5 beds 4 baths ∙ 2,676 Sqft ∙ Built 2006 5 beds 4 baths ∙ 2,676 Sqft ∙ Built 2006
    LEASED 10/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.65
    •  
  • 279 Reeves Garden San Antonio, TX 2
    • 4 beds 4 baths ∙ 2,795 Sqft ∙ Built 2010 4 beds 4 baths ∙ 2,795 Sqft ∙ Built 2010
    LEASED 08/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.64
    •  
  • 15114 Wingheart San Antonio, TX 4
    • 4 beds 4 baths ∙ 2,648 Sqft ∙ Built 2008 4 beds 4 baths ∙ 2,648 Sqft ∙ Built 2008
    LEASED 10/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.72
    •  
  • 331 Whistling Duck San Antonio, TX 5
    • 4 beds 3 baths ∙ 2,890 Sqft ∙ Built 2015 4 beds 3 baths ∙ 2,890 Sqft ∙ Built 2015
    LEASED 04/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.66
    •  
PROPERTY LISTING DETAILS
Jennylee Crider
1.210.883.8974
Keller Williams Heritage
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1502619
Last Updated: 01/07/2021
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