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12212 Long Stem Trail Fort Worth, TX 76244

3 Beds 2 Baths 1,855 sqft Built 2007

$268,000

List Price

$1,740

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 11, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $144.47
  • 4 Days on Market
  • MLS # : 14529727
  • Updated Date : 03/12/2021 at 11:21
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,855 sqft
  • Baths : 2 full
Listing Agent

Realty Professionals Of Texas

Listing Agent's Description

The one you've been waiting for! Located in sought after master planned community in highly rated Keller ISD. This home invites you in from the moment you step onto the large covered front porch.Great home for entertaining with flexible floor plan & very spacious rooms.Kitchen is a chef's delight offering an abundance of stained wood cabinets, stainless steel appliances & gorgeous silestone counters.Sitting area with box window seat in the roomy master suite offers the perfect spot to sit and read.Enjoy beautiful wood laminate & ceramic tile flooring throughout. The backyard boasts covered patio, flagstone patio & pergola. Hurry before it's gone! All measurements are approx.Buyer to verify all information.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • . 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)

PRICE & RENT TRENDS

Neighborhood: Villages of Woodland Springs

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $104k336k

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

Neighborhood: Villages of Woodland Springs

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100011001200130014001500160017001800190020002100Rent in $9192171

* 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
Caprock Elementary School Primary Regular 743 52 4
Timbercreek High School High Regular 2,957 160 8
Caprock Elementary School Primary Unknown NA

Caprock Elementary School

  • Education Level: Primary
  • # of students: 743
  • # of teachers: 52
4
GreatSchools Rating

Timbercreek High School

  • Education Level: High
  • # of students: 2,957
  • # of teachers: 160
8
GreatSchools Rating

Caprock Elementary School

  • Education Level: Primary
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$241,200$294,800$268,000

PURCHASE PRICE

$1,566$1,914$1,740

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,740
EXPENSES Loan Payment -$931
Property Tax -$614
Property Insurance -$134
HOA -$45
Property Management Fees -$99
CASH FLOW
-$84

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.

$268,000

PROJECTED PRICE

$1,740

PROJECTED RENT

0.65%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 7.4%
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$100k$200k$300k$400k$500k$600k$700k$800k

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$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$76,770

INVESTMENT

$76,770

Down Payment
$67,000
Rehab Estimate
$5,750
Closing Costs
$4,020

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$931

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $67,000
Loan Amount $201,000
See What Happens When You Reinvest Cash Flow

2.58

YEARS SAVED

$5,630

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,740

    LIST RENT
  • $0.94

    LIST RENT PER SQFT
  • $1,762

    COMP ESTIMATED VALUE
  • $0.95

    COMP AVG. RENT PER SQFT
Comps Range
$1,649
1$1,6492$1,7403$1,7504$1,7805$1,845
$1,845
RENT COMPS ANALYSIS
  • 12212 Long Stem Trail Fort Worth, TX 2
    • 3 beds 2 baths ∙ 1,855 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,855 Sqft ∙ Built 2007
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,740
    • $0.94
    •  
  • 11920 Porcupine Drive Fort Worth, TX 1
    • 3 beds 3 baths ∙ 1,780 Sqft ∙ Built 2004 3 beds 3 baths ∙ 1,780 Sqft ∙ Built 2004
    property image
    LEASED 06/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,649
    • $0.93
    •  
  • 12144 Toffee Street Fort Worth, TX 3
    • 4 beds 2 baths ∙ 1,855 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,855 Sqft ∙ Built 2005
    property image
    LEASED 07/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.94
    •  
  • 12120 Angel Food Lane Fort Worth, TX 4
    • 4 beds 2 baths ∙ 1,925 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,925 Sqft ∙ Built 2005
    property image
    LEASED 04/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,780
    • $0.92
    •  
  • 4645 Daisy Leaf Drive Fort Worth, TX 5
    • 3 beds 2 baths ∙ 1,825 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,825 Sqft ∙ Built 2006
    property image
    LEASED 08/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,845
    • $1.01
    •  
PROPERTY LISTING DETAILS
Alice Defronzo
Realty Professionals Of Texas
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14529727
Last Updated: 03/12/2021
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