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

12271 Fish Hook San Antonio, TX 78252

3 Beds 3 Baths 1,895 sqft Built 2016

$225,900

List Price

$1,540

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 12, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $119.21
  • 3 Days on Market
  • MLS # : 1513902
  • Updated Date : 03/12/2021 at 20:22
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,895 sqft
  • Baths : 2 full , 1 half
Listing Agent

Alamo Top Realty, Llc

Listing Agent's Description

This home has so much to offer...Large master with sitting area, Large half bath on 1st floor, Granite counter tops in kitchen, stainless steel appliances, reverse osmosis filter in sink, water softener, sprinkler system in front and back yard. Large yard with sitting area to enjoy an outdoor BBQ with friends and family, Large shed (measure approximately 15ft by 8ft, less than 1 year old), playscape will stay (will complete a non-realty contract). So many amenities...Fishing Pond, Playground, Basketball Court, Baseball Diamond, Swimming Pool, Splash Pad, Pavilion and so much more!!! Easy access to hwy 90, Lackland AFB, Medina Annex, Kelly Field, downtown, shopping, and restaurants.

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: Southwest San Antonio

NeighborhoodNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $67k204k

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

Neighborhood: Southwest San Antonio

NeighborhoodNIR Market*CityMarket2010Year20002019 Q270080090010001100120013001400Rent in $6791456

* 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
Lacoste Elementary School Primary Regular 660 40 7
Medina Valley Middle School Middle Regular 976 58 5
Medina Valley High School High Regular 1,159 67 6

Lacoste Elementary School

  • Education Level: Primary
  • # of students: 660
  • # of teachers: 40
7
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
 

$203,310$248,490$225,900

PURCHASE PRICE

$1,386$1,694$1,540

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,540
EXPENSES Loan Payment -$785
Property Tax -$509
Property Insurance -$136
HOA -$30
Property Management Fees -$99
CASH FLOW
-$19

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 18% of earned rent to cover both maintenance and periods of vacancy.

$225,900

PROJECTED PRICE

$1,540

PROJECTED RENT

0.68%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 2.0%
Maintenance Year (1-5) 8.00%
Vacancy 9.54%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$65,614

INVESTMENT

$65,614

Down Payment
$56,475
Rehab Estimate
$5,750
Closing Costs
$3,389

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$785

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $56,475
Loan Amount $169,425
See What Happens When You Reinvest Cash Flow

2.25

YEARS SAVED

$3,368

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,540

    LIST RENT
  • $0.81

    LIST RENT PER SQFT
  • $1,535

    COMP ESTIMATED VALUE
  • $0.81

    COMP AVG. RENT PER SQFT
Comps Range
$1,495
1$1,4952$1,4953$1,5004$1,5405$1,695
$1,695
RENT COMPS ANALYSIS
  • 12271 Fish Hook San Antonio, TX 4
    • 3 beds 3 baths ∙ 1,895 Sqft ∙ Built 2016 3 beds 3 baths ∙ 1,895 Sqft ∙ Built 2016
    • Rent
    • Rent Per SQFT
    •  
    • $1,540
    • $0.81
    •  
  • 12227 Stratsburg San Antonio, TX 1
    • 3 beds 3 baths ∙ 1,895 Sqft ∙ Built 2015 3 beds 3 baths ∙ 1,895 Sqft ∙ Built 2015
    LEASED 10/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.79
    •  
  • 11918 Luckey View San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,928 Sqft ∙ Built 2014 3 beds 2 baths ∙ 1,928 Sqft ∙ Built 2014
    LEASED 05/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.78
    •  
  • 12305 Claiborne San Antonio, TX 3
    • 3 beds 3 baths ∙ 1,895 Sqft ∙ Built 2015 3 beds 3 baths ∙ 1,895 Sqft ∙ Built 2015
    LEASED 03/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.79
    •  
  • 11933 Luckey River San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,928 Sqft ∙ Built 2017 3 beds 2 baths ∙ 1,928 Sqft ∙ Built 2017
    LEASED 11/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.88
    •  
PROPERTY LISTING DETAILS
Erma De Jesus Curtis
1.210.782.3052
Alamo Top Realty, Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1513902
Last Updated: 03/12/2021
BESbswy