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126 Liberty Lane Rockwall, TX 75032

4 Beds 4 Baths 3,245 sqft Built 1996

$475,000

List Price

$2,500

$2.3K - $2.8K

Rent Est.

$131,625

Investment Est.

AVAILABLE

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AVAILABLE

1 Year
(+5.0%)
1 YR. PROJ. APPRECIATION


Cap Rate	2.0%
Cash Flow	-$5,844
Value Increase	$24,182

10 YEAR

Cash On Cash	-6.7%
Total Return	7.3%

PROPERTY INFO

January 28, 2021 RECENTLY ADDED

FACTS

Single Family
Built In 1996
Price/Sqft : $146.38
4 Days on Market
MLS # : 14507703
Updated Date : 01/28/2021 at 20:06

CONSTRUCTION

Beds : 4
Floor Size : 3,245 sqft
Baths : 4 full

Listing Agent

Coldwell Banker Apex, Realtors

Listing Agent's Description

Updated, Chandlers Landing, Greenbelt. Open and Bright Floorplan with a tree lined backyard. Spacious and beautifully designed kitchen with large island, coffee bar, wine fridge, walk in pantry, great storage. Modern Fixtures throughout, large study downstairs next to a full bath. Master Suite with private patio, the master bath features a freestanding tub, walk in shower, linen closet. A centrally located gameroom upstairs with 3 bedrooms, 2 full baths and a balcony overlooking the backyard. The sought after, gated neighborhood of Chandlers Landing features amenities of two pools, lake access, The Yacht Club, walking trails, tennis, parks and a playground. Search Address on YouTube for video.

1 of 34 X

MARKET HIGHLIGHTS

Dallas Market Report

. Dallas has 7th largest concentration of high-tech jobs in the U.S. (Dallas Chamber)
# 1 in the country for job growth in 2017 (2.6% growth, 91,700 new jobs) (US Census, Forbes, 2017)

Dallas metro's economy is worth $579 billion in Gross Metro Product and projected to grow to $613 billion in 2019 (USMayors.org, 2018)
Home to 20 Fortune 500 headquarters, 39 Fortune 1000 headquarters and 12 of Forbes' top private companies (Fortune)

Dallas metro contributes to 31.9%% of Texas state economy i.e. Gross State Product (USMayors.org, 2018)
Dallas metro has 67.1% labor force participation rate higher than the national rate 62.8% (USMayors.org, 2018)

Neighborhood: Chandlers Landing

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

Neighborhood: Chandlers Landing

* 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
Cain Middle School	Middle	Regular	941	50	7
Rockwall-heath High School	High	Regular	2,200	119	8
Cain Middle School	Middle	Unknown			NA

Cain Middle School

Education Level: Middle
# of students: 941
# of teachers: 50

GreatSchools Rating

Rockwall-heath High School

Education Level: High
# of students: 2,200
# of teachers: 119

GreatSchools Rating

Cain Middle School

Education Level: Middle
# of students:
# of teachers:

GreatSchools Rating

FINANCIALS

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$427,500$522,50000$475,000

PURCHASE PRICE

$2,250$2,75000$2,500

RENT

DOWN PAYMENT

FINANCING

OFF ON

Acquisition Concierge

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PROPERTY

Expense Inflation	%
Vacancy	%
Length of Stay
Expense Inflation	%
Vacancy	%
Length of Stay

YEAR (1-5)

Appreciation	%
Rental Growth	%
Maintenance	%

YEAR (1-5)

Appreciation	%
Rental Growth	%
Maintenance	%

YEAR (6+)

Appreciation	%
Rental Growth	%
Maintenance	%

INVESTMENT

Rehab Costs
Reinvest Cash Flow	Yes No
Interest Rate	%

INVESTMENT

Rehab Costs
Reinvest Cash Flow	Yes No
Interest Rate	%

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FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME	Rent	$2,500
EXPENSES	Loan Payment	-$1,650
	Property Tax	-$855
	Property Insurance	-$215
	HOA	-$168
	Property Management Fees	-$99



CASH FLOW -$487

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.

$475,000

PROJECTED PRICE

$2,500

PROJECTED RENT

0.53%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS
Expense Inflation	2.50%
Rental Growth Year (1-5)	3.94%
Appreciation Year (1-5)	5.0%
Maintenance Year (1-5)	8.00%
Vacancy	6.93%
Length of Stay Years	2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

Cash Flow
Appreciation
Principal

PROJECTED ANNUAL CASH FLOW

Tenant Turnover

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

Appreciation
Principal
Loan Balance

TOTAL CASH OUT OF POCKET

INVESTMENT

$131,625

Down Payment	$118,750
Rehab Estimate	$5,750
Closing Costs	$7,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 75% down payment or higher enables the proceeds from the asset to cover all costs.

$1,650

MONTHLY LOAN PAYMENT

30 yr

3.75%

25.00%

Down Payment

Term	30 Years
Interest	3.75%
Down Payment	$118,750
Loan Amount	$356,250

See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$503

INTEREST SAVED

CASH FLOW REINVESTMENT

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

$2,500
LIST RENT
$0.77
LIST RENT PER SQFT

$2,620
COMP ESTIMATED VALUE
$0.81
COMP AVG. RENT PER SQFT

Comps Range

$2,350

1$2,3502$2,5003$2,5004$2,5005$2,700

$2,700

RENT COMPS ANALYSIS

3,245
PROPERTY SQFT
$0.81
AVG RENT PER SQFT
$2,620
ESTIMATED VALUE
$2,500
LIST RENT

126 Liberty Lane Rockwall, TX 5

4 beds 4 baths ∙ 3,245 Sqft ∙ Built 1996 4 beds 4 baths ∙ 3,245 Sqft ∙ Built 1996
Price

Price Per SQFT

$475,000

$146.38
2953 Newport Drive Rockwall, TX 1

4 beds 4 baths ∙ 3,217 Sqft ∙ Built 1997 4 beds 4 baths ∙ 3,217 Sqft ∙ Built 1997
SOLD 10/21/20
Price

Price Per SQFT

$380,000

$118.12
2515 Buckingham Drive Heath, TX 2

4 beds 3 baths ∙ 3,200 Sqft ∙ Built 1998 4 beds 3 baths ∙ 3,200 Sqft ∙ Built 1998
SOLD 08/17/20
Price

Price Per SQFT

$399,900

$124.97
2405 Racheal Drive Heath, TX 3

4 beds 4 baths ∙ 3,320 Sqft ∙ Built 1988 4 beds 4 baths ∙ 3,320 Sqft ∙ Built 1988
SOLD 08/28/20
Price

Price Per SQFT

$449,900

$135.51
126 Mischief Lane Rockwall, TX 4

4 beds 3 baths ∙ 3,124 Sqft ∙ Built 1995 4 beds 3 baths ∙ 3,124 Sqft ∙ Built 1995
SOLD 09/02/20
Price

Price Per SQFT

$459,900

$147.22

126 Liberty Lane Rockwall, TX 4

4 beds 4 baths ∙ 3,245 Sqft ∙ Built 1996 4 beds 4 baths ∙ 3,245 Sqft ∙ Built 1996
Rent

Rent Per SQFT

$2,500

$0.77
2889 Newport Drive Rockwall, TX 1

4 beds 3 baths ∙ 2,898 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,898 Sqft ∙ Built 1998
LEASED 07/26/20
Rent

Rent Per SQFT

$2,350

$0.81
306 Victory Lane Rockwall, TX 2

4 beds 4 baths ∙ 3,047 Sqft ∙ Built 2004 4 beds 4 baths ∙ 3,047 Sqft ∙ Built 2004
LEASED 09/26/19
Rent

Rent Per SQFT

$2,500

$0.82
3015 Oak Drive Rockwall, TX 3

4 beds 3 baths ∙ 3,070 Sqft ∙ Built 1995 4 beds 3 baths ∙ 3,070 Sqft ∙ Built 1995
LEASED 09/17/20
Rent

Rent Per SQFT

$2,500

$0.81
225 Sovereign Court Rockwall, TX 5

4 beds 3 baths ∙ 3,414 Sqft ∙ Built 1979 4 beds 3 baths ∙ 3,414 Sqft ∙ Built 1979
LEASED 02/03/20
Rent

Rent Per SQFT

$2,700

$0.79

PROPERTY LISTING DETAILS

Evan Matteson
Coldwell Banker Apex, Realtors

Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027

North Texas Real Estate Information Services ( NTREIS)
MLS #: 14507703
Last Updated: 01/28/2021

126 Liberty Lane Rockwall, TX 75032

$475,000

$2,500

$131,625

REQUEST INFO

PROPERTY INFO

FACTS

CONSTRUCTION

Listing Agent

Listing Agent's Description

MARKET HIGHLIGHTS

PRICE & RENT TRENDS

SCHOOLS

Cain Middle School

Rockwall-heath High School

Cain Middle School

FINANCIALS

$427,500$522,50000$475,000

$2,250$2,75000$2,500

Acquisition Concierge

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

$475,000

$2,500

0.53%

PROJECTED ACCUMULATED WEALTH

PROJECTED ANNUAL CASH FLOW

PROJECTED PROPERTY VALUE

TOTAL CASH OUT OF POCKET

INVESTMENT

LOAN DETAILS

25%

$1,650

0.42

$503

$475,000

$146.38

$426,571

$131.46

COMPS RANGE

PRICE COMPS ANALYSIS

$2,500

$0.77

$2,620

$0.81

Comps Range

RENT COMPS ANALYSIS

PROPERTY LISTING DETAILS