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12725 Beech Tree Lane Fort Worth, TX 76040

3 Beds 2 Baths 1,793 sqft Built 2001

$300,000

List Price

$1,910

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

January 31, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $167.32
  • 1 Days on Market
  • MLS # : 14509862
  • Updated Date : 01/31/2021 at 00:00
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,793 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Realty-fm

Listing Agent's Description

Beautiful and updated one story move in ready home nestled in the most sought after community close to all the mid cities. Bright and open floor plan.This home welcomes you with high vaulted ceilings,arched accents and gleaming wood floors.Entry to split spacious formal Living & Dining Rooms. The center of the home is the kitchen,breakfast and family room with great flow and is perfect for entertaining. Recently updated kitchen with 4-burner gas range top, designer lighting and plenty of storage space.Fresh paint throughout. HVAC unit replaced in 2020.All vanities in bathrooms replaced recently.AC and heat can be regulated with your smart phone.HEB ISD. Come see this before it's gone!!

SEE MORE

MARKET HIGHLIGHTS

  • . 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)

PRICE & RENT TRENDS

Neighborhood: Stone Creek

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280kPrice in $122k286k

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

Neighborhood: Stone Creek

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100011001200130014001500160017001800190020002100Rent in $9932168

* 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
Trinity High School High Regular 2,416 136 7

Trinity High School

  • Education Level: High
  • # of students: 2,416
  • # of teachers: 136
7
GreatSchools Rating
 

$270,000$330,000$300,000

PURCHASE PRICE

$1,719$2,101$1,910

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,910
EXPENSES Loan Payment -$1,042
Property Tax -$688
Property Insurance -$131
HOA -$24
Property Management Fees -$99
CASH FLOW
-$74

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$300,000

PROJECTED PRICE

$1,910

PROJECTED RENT

0.64%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.78%
Appreciation Year (1-5) 9.0%
Maintenance Year (1-5) 8.00%
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

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$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$85,250

INVESTMENT

$85,250

Down Payment
$75,000
Rehab Estimate
$5,750
Closing Costs
$4,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,042

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $75,000
Loan Amount $225,000
See What Happens When You Reinvest Cash Flow

3.17

YEARS SAVED

$7,723

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,910

    LIST RENT
  • $1.07

    LIST RENT PER SQFT
  • $1,910

    COMP ESTIMATED VALUE
  • $1.07

    COMP AVG. RENT PER SQFT
Comps Range
$1,795
1$1,7952$1,8003$1,8754$1,9105$1,995
$1,995
RENT COMPS ANALYSIS
  • 12725 Beech Tree Lane Fort Worth, TX 4
    • 3 beds 2 baths ∙ 1,793 Sqft ∙ Built 2001 3 beds 2 baths ∙ 1,793 Sqft ∙ Built 2001
    • Rent
    • Rent Per SQFT
    •  
    • $1,910
    • $1.07
    •  
  • 12908 Conifer Lane Fort Worth, TX 1
    • 3 beds 2 baths ∙ 1,701 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,701 Sqft ∙ Built 2000
    LEASED 01/10/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $1.06
    •  
  • 12661 Oakwood Circle Fort Worth, TX 2
    • 3 beds 2 baths ∙ 1,713 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,713 Sqft ∙ Built 2000
    LEASED 03/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $1.05
    •  
  • 12841 Peach Tree Way Fort Worth, TX 3
    • 3 beds 2 baths ∙ 1,687 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,687 Sqft ∙ Built 2000
    LEASED 02/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,875
    • $1.11
    •  
  • 12717 Red Cedar Drive Fort Worth, TX 5
    • 3 beds 2 baths ∙ 1,927 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,927 Sqft ∙ Built 2000
    LEASED 11/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $1.04
    •  
PROPERTY LISTING DETAILS
Renuka Bhandari
Keller Williams Realty-fm
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14509862
Last Updated: 01/31/2021
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