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12419 Stillwater Crk San Antonio, TX 78254

3 Beds 3 Baths 2,869 sqft Built 2009

$339,900

List Price

$2,200

$2K - $2.4K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 26, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2009
  • Price/Sqft : $118.47
  • 3 Days on Market
  • MLS # : 1516578
  • Updated Date : 03/26/2021 at 16:10
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,869 sqft
  • Baths : 2 full , 1 half
Listing Agent

Offerpad

Listing Agent's Description

VACANT! Welcome home! Breathtaking two- story home with neutral colors throughout, soaring ceilings, and TONS of living space! Beautiful home backing green space in Stillwater Ranch. The spacious and open kitchen offers granite slab counters, lots of space, stainless appliances, and fridge to convey! Fresh carpet and paint! The second floor offers expansive loft area! The oversized backyard offers a covered patio perfect for entertaining! Come see it today!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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).

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 Unknown 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
 

$305,910$373,890$339,900

PURCHASE PRICE

$1,980$2,420$2,200

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,200
EXPENSES Loan Payment -$1,181
Property Tax -$759
Property Insurance -$193
HOA -$5
Property Management Fees -$99
CASH FLOW
-$36

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.

$339,900

PROJECTED PRICE

$2,200

PROJECTED RENT

0.65%

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$900k

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$95,824

INVESTMENT

$95,824

Down Payment
$84,975
Rehab Estimate
$5,750
Closing Costs
$5,099

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,181

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $84,975
Loan Amount $254,925
See What Happens When You Reinvest Cash Flow

2.42

YEARS SAVED

$5,754

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,200

    LIST RENT
  • $0.77

    LIST RENT PER SQFT
  • $2,274

    COMP ESTIMATED VALUE
  • $0.79

    COMP AVG. RENT PER SQFT
Comps Range
$2,015
1$2,0152$2,1003$2,2004$2,5005$2,500
$2,500
RENT COMPS ANALYSIS
  • 12419 Stillwater Crk San Antonio, TX 3
    • 3 beds 3 baths ∙ 2,869 Sqft ∙ Built 2009 3 beds 3 baths ∙ 2,869 Sqft ∙ Built 2009
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.77
    •  
  • 12639 Perini Ranch San Antonio, TX 1
    • 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
    •  
  • 7951 Deepwell Dr San Antonio, TX 2
    • 4 beds 4 baths ∙ 2,843 Sqft ∙ Built 2016 4 beds 4 baths ∙ 2,843 Sqft ∙ Built 2016
    LEASED 04/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.74
    •  
  • 12314 Pecos Valley San Antonio, TX 4
    • 4 beds 4 baths ∙ 2,894 Sqft ∙ Built 2013 4 beds 4 baths ∙ 2,894 Sqft ∙ Built 2013
    LEASED 08/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.86
    •  
  • 12011 Old Stillwater San Antonio, TX 5
    • 4 beds 3 baths ∙ 3,065 Sqft ∙ Built 2017 4 beds 3 baths ∙ 3,065 Sqft ∙ Built 2017
    LEASED 03/23/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.82
    •  
PROPERTY LISTING DETAILS
Robert Jones
1.210.405.1783
Offerpad
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1516578
Last Updated: 03/26/2021
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