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12315 Fort Bliss San Antonio, TX 78245

4 Beds 4 Baths 2,363 sqft Built 2015

$279,000

List Price

$1,780

$1.6K - $2K

Rent Est.

PROPERTY INFO

January 14, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2015
  • Price/Sqft : $118.07
  • 5 Days on Market
  • MLS # : 1503831
  • Updated Date : 01/14/2021 at 00:58
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,363 sqft
  • Baths : 3 full , 1 half
Listing Agent

Redbird Realty Llc

Listing Agent's Description

Gorgeous tow-story home in Weston Oaks 11' vaulted ceilings. Open kitchen with large island includes Pendant Lights, Dark Mocha Cabinets, Stainless Steel Appliances, Granite Counter Tops and Tile Backsplash. Master Bedroom includes a Vaulted Ceiling and the Master Bath includes a Separate Shower w/Oval Tub, Granite Double Vanity and Walk-In closet. Upstairs has a spacious loft/game room and 3 additional bedrooms. Backyard has a nice deck to big enough for entertaining. House comes equipped with water softener, combination of tile and laminate flooring throughout. Entire house recently painted 1/2/2021 and has a sprinkler system. Community Pools, Playground, basketball court, elementary school inside neighborhood. Close to Lackland, shopping, & Sea World.

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
Lieck Elementary School Primary Regular 697 42 6
Luna Middle School Middle Regular 1,242 70 6
Brennan High School High Regular 2,455 137 7

Lieck Elementary School

  • Education Level: Primary
  • # of students: 697
  • # of teachers: 42
6
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
 

$251,100$306,900$279,000

PURCHASE PRICE

$1,602$1,958$1,780

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,780
EXPENSES Loan Payment -$969
Property Tax -$623
Property Insurance -$163
HOA -$30
Property Management Fees -$99
CASH FLOW
-$104

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.

$279,000

PROJECTED PRICE

$1,780

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$8.0k

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$79,685

INVESTMENT

$79,685

Down Payment
$69,750
Rehab Estimate
$5,750
Closing Costs
$4,185

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$969

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $69,750
Loan Amount $209,250
See What Happens When You Reinvest Cash Flow

1.33

YEARS SAVED

$2,114

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,780

    LIST RENT
  • $0.75

    LIST RENT PER SQFT
  • $1,796

    COMP ESTIMATED VALUE
  • $0.76

    COMP AVG. RENT PER SQFT
Comps Range
$1,775
1$1,7752$1,7803$1,8254$1,9005$1,900
$1,900
RENT COMPS ANALYSIS
  • 12315 Fort Bliss San Antonio, TX 2
    • 4 beds 4 baths ∙ 2,363 Sqft ∙ Built 2015 4 beds 4 baths ∙ 2,363 Sqft ∙ Built 2015
    • Rent
    • Rent Per SQFT
    •  
    • $1,780
    • $0.75
    •  
  • 518 Fort Pena San Antonio, TX 1
    • 4 beds 3 baths ∙ 2,394 Sqft ∙ Built 2013 4 beds 3 baths ∙ 2,394 Sqft ∙ Built 2013
    LEASED 07/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,775
    • $0.74
    •  
  • 522 Fort Apache San Antonio, TX 3
    • 4 beds 3 baths ∙ 2,542 Sqft ∙ Built 2014 4 beds 3 baths ∙ 2,542 Sqft ∙ Built 2014
    LEASED 01/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,825
    • $0.72
    •  
  • 12223 Coal Mine Rise San Antonio, TX 4
    • 4 beds 4 baths ∙ 2,363 Sqft ∙ Built 2016 4 beds 4 baths ∙ 2,363 Sqft ∙ Built 2016
    LEASED 09/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.80
    •  
  • 12610 Ponder Ranch San Antonio, TX 5
    • 4 beds 4 baths ∙ 2,422 Sqft ∙ Built 2017 4 beds 4 baths ∙ 2,422 Sqft ∙ Built 2017
    LEASED 07/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.78
    •  
PROPERTY LISTING DETAILS
Daniela Esquivel
1.512.697.2665
Redbird Realty Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1503831
Last Updated: 01/14/2021
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