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12715 Hellas Ranch San Antonio, TX 78253

3 Beds 2 Baths 1,773 sqft Built 2018

$250,000

List Price

$1,750

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

January 28, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2018
  • Price/Sqft : $141.00
  • 4 Days on Market
  • MLS # : 1506496
  • Updated Date : 01/28/2021 at 13:17
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,773 sqft
  • Baths : 2 full
Listing Agent

Exp Realty Llc

Listing Agent's Description

**OPEN HOUSE SAT & SUN FROM 10-2**This recently built home has been meticulously maintained, kept ultra clean and is located in the highly desired Trails at Westpointe neighborhood. A private study with glass French doors lies just off the entryway, ideal for working from home. Family room with ceramic tile floor opens to dining room and kitchen. Kitchen features an island with built-in seating space, walk-in pantry and gas stove with a built-in griddle. Master bath features dual sinks, corner garden tub, a separate glass enclosed shower, and a large walk-in closet. Covered backyard patio. Mud room just off two-car garage. Full community amenity center with pool and jogging trails. Close to shopping and easy access to 1604.

SEE MORE

MARKET HIGHLIGHTS

  • 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).
  • 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)

PRICE & RENT TRENDS

Neighborhood: West San Antonio

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $86k264k

* 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
Cole Elementary School Primary Unknown NA
Dolph Briscoe Middle School Middle Unknown NA
Brennan High School High Unknown NA

Cole Elementary School

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

Dolph Briscoe Middle School

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

Brennan High School

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

$225,000$275,000$250,000

PURCHASE PRICE

$1,575$1,925$1,750

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,750
EXPENSES Loan Payment -$868
Property Tax -$609
Property Insurance -$129
HOA -$50
Property Management Fees -$99
CASH FLOW
-$6

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.

$250,000

PROJECTED PRICE

$1,750

PROJECTED RENT

0.70%

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

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$72,000

INVESTMENT

$72,000

Down Payment
$62,500
Rehab Estimate
$5,750
Closing Costs
$3,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$868

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $62,500
Loan Amount $187,500
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$4,572

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,750

    LIST RENT
  • $0.99

    LIST RENT PER SQFT
  • $1,574

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$1,595
1$1,5952$1,6503$1,7504$1,7795$2,000
$2,000
RENT COMPS ANALYSIS
  • 12715 Hellas Ranch San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,773 Sqft ∙ Built 2018 3 beds 2 baths ∙ 1,773 Sqft ∙ Built 2018
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.99
    •  
  • 423 Point Rise San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,784 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,784 Sqft ∙ Built 2004
    LEASED 11/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.89
    •  
  • 12823 Point Bell San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,976 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,976 Sqft ∙ Built 2007
    LEASED 05/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.84
    •  
  • 3802 Retreat Run San Antonio, TX 4
    • 3 beds 2 baths ∙ 2,076 Sqft ∙ Built 2014 3 beds 2 baths ∙ 2,076 Sqft ∙ Built 2014
    LEASED 02/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,779
    • $0.86
    •  
  • 12106 Calm Harbor San Antonio, TX 5
    • 3 beds 2 baths ∙ 2,077 Sqft ∙ Built 2013 3 beds 2 baths ∙ 2,077 Sqft ∙ Built 2013
    LEASED 07/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.96
    •  
PROPERTY LISTING DETAILS
Kristen Smith
1.210.784.6527
Exp Realty Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1506496
Last Updated: 01/28/2021
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