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12407 Stillwater Creek San Antonio, TX 78254

4 Beds 3 Baths 2,704 sqft Built 2010

$320,000

List Price

$2,100

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 10, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2010
  • Price/Sqft : $118.34
  • 5 Days on Market
  • MLS # : 1513309
  • Updated Date : 03/12/2021 at 15:33
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,704 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams City-view

Listing Agent's Description

**** Multiple Offers Highest and best by Sunday 3/14 at Noon***** Stunning home in desirable Stillwater Ranch Neighborhood situated on a greenbelt. Spacious kitchen with granite countertops, gas cooking, large eat-in kitchen that opens to the living room w/fireplace, high ceilings, open floor plan, crown molding, and no carpet downstairs. Large backyard overlooks the greenbelt with walking trails. All bedrooms are upstairs as well as a Large game room. Washer/dryer are conveniently located upstairs, large master bedroom with walk-in shower and spa garden tub. This home has many new updates, including 2 new HVAC units, solar screens, an extended patio, rod iron fence with access to the green belt. Water softener, garage applied and painted. Conveniently located to Alamo Ranch shopping, dining, entertainment, Hwy 1604/151, Medical Center, and Lackland AFB. A MUST SEE!

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: West San Antonio

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220kPrice in $86k235k

* 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
Scarborough Elementary School Primary Regular 788 48 8
Folks Middle School Middle Regular 700 45 NA
Harlan High School High Regular NA

Scarborough Elementary School

  • Education Level: Primary
  • # of students: 788
  • # of teachers: 48
8
GreatSchools Rating

Folks Middle School

  • Education Level: Middle
  • # of students: 700
  • # of teachers: 45
NA
GreatSchools Rating

Harlan High School

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

$288,000$352,000$320,000

PURCHASE PRICE

$1,890$2,310$2,100

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,100
EXPENSES Loan Payment -$1,111
Property Tax -$714
Property Insurance -$183
HOA -$52
Property Management Fees -$99
CASH FLOW
-$60

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.

$320,000

PROJECTED PRICE

$2,100

PROJECTED RENT

0.66%

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$800k

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$4.0k-$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$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$90,550

INVESTMENT

$90,550

Down Payment
$80,000
Rehab Estimate
$5,750
Closing Costs
$4,800

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,111

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $80,000
Loan Amount $240,000
See What Happens When You Reinvest Cash Flow

2

YEARS SAVED

$4,129

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,100

    LIST RENT
  • $0.78

    LIST RENT PER SQFT
  • $2,129

    COMP ESTIMATED VALUE
  • $0.79

    COMP AVG. RENT PER SQFT
Comps Range
$2,000
1$2,0002$2,0153$2,1004$2,2505$2,300
$2,300
RENT COMPS ANALYSIS
  • 12407 Stillwater Creek San Antonio, TX 3
    • 4 beds 3 baths ∙ 2,704 Sqft ∙ Built 2010 4 beds 3 baths ∙ 2,704 Sqft ∙ Built 2010
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.78
    •  
  • 7643 Culebra Valley San Antonio, TX 1
    • 4 beds 4 baths ∙ 2,663 Sqft ∙ Built 2011 4 beds 4 baths ∙ 2,663 Sqft ∙ Built 2011
    LEASED 04/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.75
    •  
  • 12639 Perini Ranch San Antonio, TX 2
    • 4 beds 3 baths ∙ 2,691 Sqft ∙ Built 2010 4 beds 3 baths ∙ 2,691 Sqft ∙ Built 2010
    LEASED 06/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,015
    • $0.75
    •  
  • 12126 Fort Leaton San Antonio, TX 4
    • 4 beds 3 baths ∙ 2,655 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,655 Sqft ∙ Built 2018
    LEASED 04/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $0.85
    •  
  • 12635 Perini Ranch San Antonio, TX 5
    • 5 beds 4 baths ∙ 2,871 Sqft ∙ Built 2012 5 beds 4 baths ∙ 2,871 Sqft ∙ Built 2012
    LEASED 04/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.80
    •  
PROPERTY LISTING DETAILS
Jennifer Evans
1.210.322.1558
Keller Williams City-view
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1513309
Last Updated: 03/12/2021
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