Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

127 W Arborside Drive Waxahachie, TX 75165

4 Beds 3 Baths 2,989 sqft Built 2019

$319,000

List Price

$2,110

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

Built 2019 NEW CONSTRUCTION
December 28, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2019
  • Price/Sqft : $106.72
  • 7 Days on Market
  • MLS # : 14491001
  • Updated Date : 12/30/2020 at 19:12
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,989 sqft
  • Baths : 2 full , 1 half
Listing Agent

Summit, Realtors

Listing Agent's Description

Beautiful two-story house, built in 2019, in the garden valley area the owners are moving from the city, this house has 4 bedrooms, an office, game room, large living room, all offers are considered as soon as possible, ready to move to closing! Bonus (tornado shelter

SEE MORE

MARKET HIGHLIGHTS

  • # 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)
  • . Dallas has 7th largest concentration of high-tech jobs in the U.S. (Dallas Chamber)

PRICE & RENT TRENDS

Zip Code: 75165

ZipNIR Market*CityMarket2010Year20002019120k130k140k150k160k170k180k190k200k210k220k230k240kPrice in $112k243k

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

Zip Code: 75165

ZipNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700Rent in $9841734

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

SCHOOLS

 
Sorry, we do not have sufficient school data for this neighborhood.
 

$287,100$350,900$319,000

PURCHASE PRICE

$1,899$2,321$2,110

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,110
EXPENSES Loan Payment -$1,177
Property Tax -$533
Property Insurance -$200
Property Management Fees -$99
CASH FLOW
$101

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 9% of earned rent to cover both maintenance and periods of vacancy.

$319,000

PROJECTED PRICE

$2,110

PROJECTED RENT

0.66%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.78%
Appreciation Year (1-5) 9.1%
Maintenance Year (1-5) 3.00%
Vacancy 6.39%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$86,535

INVESTMENT

$86,535

Down Payment
$79,750
Rehab Estimate
$2,000
Closing Costs
$4,785

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,177

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $79,750
Loan Amount $239,250
See What Happens When You Reinvest Cash Flow

6.5

YEARS SAVED

$28,947

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,110

    LIST RENT
  • $0.71

    LIST RENT PER SQFT
  • $2,130

    COMP ESTIMATED VALUE
  • $0.71

    COMP AVG. RENT PER SQFT
Comps Range
$1,995
1$1,9952$2,1103$2,1454$2,2005$2,200
$2,200
RENT COMPS ANALYSIS
  • 127 W Arborside Drive Waxahachie, TX 2
    • 4 beds 3 baths ∙ 2,989 Sqft ∙ Built 2019 4 beds 3 baths ∙ 2,989 Sqft ∙ Built 2019
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,110
    • $0.71
    •  
  • 224 Palomino Drive Waxahachie, TX 1
    • 4 beds 2 baths ∙ 2,973 Sqft ∙ Built 2007 4 beds 2 baths ∙ 2,973 Sqft ∙ Built 2007
    property image
    LEASED 02/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.67
    •  
  • 215 Atlantic Avenue Waxahachie, TX 3
    • 4 beds 3 baths ∙ 2,812 Sqft ∙ Built 2009 4 beds 3 baths ∙ 2,812 Sqft ∙ Built 2009
    property image
    LEASED 04/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,145
    • $0.76
    •  
  • 332 Choctaw Trail Waxahachie, TX 4
    • 5 beds 4 baths ∙ 3,182 Sqft ∙ Built 2010 5 beds 4 baths ∙ 3,182 Sqft ∙ Built 2010
    property image
    LEASED 08/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.69
    •  
  • 205 Equestrian Drive Waxahachie, TX 5
    • 4 beds 3 baths ∙ 3,029 Sqft ∙ Built 2007 4 beds 3 baths ∙ 3,029 Sqft ∙ Built 2007
    property image
    LEASED 08/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.73
    •  
PROPERTY LISTING DETAILS
Lupe Dorado Zuniga
Summit, Realtors
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14491001
Last Updated: 12/30/2020
BESbswy