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13213 Ryden Dr Live Oak, TX 78233

3 Beds 2 Baths 2,143 sqft Built 1984

$247,499

List Price

$1,550

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

November 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1984
  • Price/Sqft : $115.49
  • 5 Days on Market
  • MLS # : 1494409
  • Updated Date : 11/14/2020 at 05:04
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,143 sqft
  • Baths : 2 full
Listing Agent

Action Apartment Locating, Llc

Listing Agent's Description

You owe it to yourself to see this beautiful 3 Bedroom 2 Bath home in Live Oak ! 2143 sqft features Upgrades galore!!!!Laminate dark wood flooring in Living and Dining areas, Hallways, Bedrooms and Closets along with solid two panel room entry doors . Kitchen opens to Living area with ceramic tile, granite counter tops, glass subway tile backsplash, large walk-in pantry and stainless steel appliances. Windows and High ceilings allow natural light and brings out the refaced fireplace. Master bedroom and bathroom has been freshly painted, garden tub with jets and separate shower along with three spacious closets . Two-car garage has been enclosed as added living space with its own separate A/C & Heating unit (mini-split) and carpeted floors including two large closets. Option to convert back to garage if needed. Home backs up to Green Belt ,has beautiful curb appeal and exterior has been freshly repainted. Backyard offers wood deck with seating area. Roof replaced in 2017 and additional insulation sprayed throughout entire attic space to include rafters. Beautiful mature trees, extended driveway fits up to four vehicles. This delightful home is tucked away in a cul-de-sac within the Hidden Village Neighborhood. Great Location!!! Immediate access to IH 35 and Loop 1604. Must see home!!!

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: Live Oak

ZipNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $83k205k

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

Neighborhood: Live Oak

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29009501000105011001150120012501300135014001450Rent in $8661472

* 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
Franz Elementary School Primary Regular 453 32 5
Kitty Hawk Middle School Middle Regular 1,298 83 6
Veterans Memorial High School High Regular NA

Franz Elementary School

  • Education Level: Primary
  • # of students: 453
  • # of teachers: 32
5
GreatSchools Rating

Kitty Hawk Middle School

  • Education Level: Middle
  • # of students: 1,298
  • # of teachers: 83
6
GreatSchools Rating

Veterans Memorial High School

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

$222,749$272,249$247,499

PURCHASE PRICE

$1,395$1,705$1,550

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,550
EXPENSES Loan Payment -$913
Property Tax -$541
Property Insurance -$151
Property Management Fees -$99
CASH FLOW
-$154

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.

$247,499

PROJECTED PRICE

$1,550

PROJECTED RENT

0.63%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 4.9%
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

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$71,337

INVESTMENT

$71,337

Down Payment
$61,875
Rehab Estimate
$5,750
Closing Costs
$3,712

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$913

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $61,875
Loan Amount $185,624
See What Happens When You Reinvest Cash Flow

0.92

YEARS SAVED

$1,278

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,550

    LIST RENT
  • $0.72

    LIST RENT PER SQFT
  • $1,623

    COMP ESTIMATED VALUE
  • $0.76

    COMP AVG. RENT PER SQFT
Comps Range
$1,400
1$1,4002$1,4503$1,4954$1,5505$1,700
$1,700
RENT COMPS ANALYSIS
  • 13213 Ryden Dr Live Oak, TX 4
    • 3 beds 2 baths ∙ 2,143 Sqft ∙ Built 1984 3 beds 2 baths ∙ 2,143 Sqft ∙ Built 1984
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.72
    •  
  • 8226 Phoenix Ave Universal City, TX 1
    • 3 beds 2 baths ∙ 1,805 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,805 Sqft ∙ Built 1972
    LEASED 01/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.78
    •  
  • 610 Amistad Blvd Universal City, TX 2
    • 4 beds 3 baths ∙ 2,039 Sqft ∙ Built 1975 4 beds 3 baths ∙ 2,039 Sqft ∙ Built 1975
    LEASED 03/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.71
    •  
  • 12409 Old Spanish Trail Live Oak, TX 3
    • 3 beds 2 baths ∙ 1,800 Sqft ∙ Built 1968 3 beds 2 baths ∙ 1,800 Sqft ∙ Built 1968
    LEASED 06/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.83
    •  
  • 8559 Collingwood Universal City, TX 5
    • 3 beds 3 baths ∙ 2,388 Sqft ∙ Built 2003 3 beds 3 baths ∙ 2,388 Sqft ∙ Built 2003
    LEASED 02/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.71
    •  
PROPERTY LISTING DETAILS
Johnny Ogden
1.210.907.2773
Action Apartment Locating, Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1494409
Last Updated: 11/14/2020
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