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12332 Claiborne San Antonio, TX 78252

3 Beds 2 Baths 1,562 sqft Built 2015

$212,900

List Price

$1,580

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 04, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2015
  • Price/Sqft : $136.30
  • 4 Days on Market
  • MLS # : 1512142
  • Updated Date : 03/05/2021 at 04:20
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,562 sqft
  • Baths : 2 full
Listing Agent

Coldwell Banker D'ann Harper

Listing Agent's Description

You're in Luck! This three-bedroom two bathroom residence built by LGI Homes is the perfect single-story floor plan. Beautifully pairing energy-efficient details with a contemporary, neutral color palette, this open-concept home is everything you've been dreaming of. The separate dining up front lends privacy to easily accommodate a work-from-home schedule. The privately fenced back yard offers a covered patio, perfect for outdoor entertaining. This community, Luckey Ranch, offers a sports park, including two children's playgrounds, a splash pad, basketball court, soccer field, baseball field, and 7-acre fishing lake. Luckey Ranch Elementary is also located within the community. Found in San Antonio west, this home has quick access to Highway 90, Loop 1604, and Loop 410.

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
 

$191,610$234,190$212,900

PURCHASE PRICE

$1,422$1,738$1,580

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,580
EXPENSES Loan Payment -$739
Property Tax -$475
Property Insurance -$117
HOA -$30
Property Management Fees -$99
CASH FLOW
$119

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.

$212,900

PROJECTED PRICE

$1,580

PROJECTED RENT

0.74%

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-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

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$62,169

INVESTMENT

$62,169

Down Payment
$53,225
Rehab Estimate
$5,750
Closing Costs
$3,194

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$739

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $53,225
Loan Amount $159,675
See What Happens When You Reinvest Cash Flow

5.08

YEARS SAVED

$11,166

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,580

    LIST RENT
  • $1.01

    LIST RENT PER SQFT
  • $1,597

    COMP ESTIMATED VALUE
  • $1.02

    COMP AVG. RENT PER SQFT
Comps Range
$1,450
1$1,4502$1,4953$1,4994$1,5005$1,580
$1,580
RENT COMPS ANALYSIS
  • 12332 Claiborne San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,562 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,562 Sqft ∙ Built 2015
    • Rent
    • Rent Per SQFT
    •  
    • $1,580
    • $1.01
    •  
  • 12311 Fish Hook San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,562 Sqft ∙ Built 2016 3 beds 2 baths ∙ 1,562 Sqft ∙ Built 2016
    LEASED 08/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.93
    •  
  • 6620 Rosenthal Pass San Antonio, TX 2
    • 3 beds 3 baths ∙ 1,417 Sqft ∙ Built 2019 3 beds 3 baths ∙ 1,417 Sqft ∙ Built 2019
    LEASED 10/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $1.06
    •  
  • 6534 Fledgely Way San Antonio, TX 3
    • 3 beds 3 baths ∙ 1,488 Sqft ∙ Built 2018 3 beds 3 baths ∙ 1,488 Sqft ∙ Built 2018
    LEASED 03/04/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,499
    • $1.01
    •  
  • 12243 Siragusa San Antonio, TX 4
    • 3 beds 3 baths ∙ 1,381 Sqft ∙ Built 2017 3 beds 3 baths ∙ 1,381 Sqft ∙ Built 2017
    LEASED 07/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $1.09
    •  
PROPERTY LISTING DETAILS
Melisa Fitchett
1.210.931.5631
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 #: 1512142
Last Updated: 03/05/2021
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