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13259 Frogs Leap San Antonio, TX 78253

3 Beds 3 Baths 2,006 sqft Built 2010

INVESTimate

$255,000

List Price

$1,650

$1,485 - $1,815

Rent Est.

$264,945  ( +3.90%)   1 YR EST. FORECAST

PROPERTY INFO

August 24, 2020 RECENTLY ADDED
FACTS
  • Built In 2010
  • Price/Sqft : $127.12
  • 3 Days on Market
  • MLS # : 1479064
  • Updated Date : 08/24/2020 at 22:47
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,006 sqft
  • Baths : 2 full , 1 half
Listing Agent

San Antonio's Finest Realty

Listing Agent's Description

This Beautiful 3 Bedroom, 2 1/2 Bath located in the booming Nw Side is waiting for you to call it Home !!! Located just minutes from Alamo Ranch Shopping and dining establishments this quiet traditional is just what you have been looking for. A quick walk around the block will take you to the communities amazing park and pool amenity center. Washer/Dryer and Fridge CONVEY !!!! Gated community for that extra security and just minutes from Sea World and Lackland AFB. Come see this Gorgeous 1 story dream today !!!

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
Kallison Elementary School Primary Regular NA
Dolph Briscoe Middle School Middle Regular 824 50 7
Harlan High School High Regular NA

Kallison Elementary School

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

Dolph Briscoe Middle School

  • Education Level: Middle
  • # of students: 824
  • # of teachers: 50
7
GreatSchools Rating

Harlan High School

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

$229,500$280,500$255,000

PURCHASE PRICE

$1,485$1,815$1,650

RENT

DOWN PAYMENT
FINANCING

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,650
EXPENSES Loan Payment -$941
Property Tax -$569
Property Insurance -$143
HOA -$50
Property Management Fees -$99
CASH FLOW
-$152

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.

$255,000

PROJECTED PRICE

$1,650

PROJECTED RENT

0.65%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 3.90%
Maintenance Year (1-5) 8.00%
Vacancy 9.02%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$73,325

INVESTMENT

$73,325

Down Payment
$63,750
Rehab Estimate
$5,750
Closing Costs
$3,825

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$941

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $63,750
Loan Amount $191,250
See What Happens When You Reinvest Cash Flow

0.83

YEARS SAVED

$1,238

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,650

    LIST RENT
  • $0.82

    LIST RENT PER SQFT
  • $1,775

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$1,650
1$1,6502$1,6953$1,6954$1,7505$1,795
$1,795
RENT COMPS ANALYSIS
  • 13259 Frogs Leap San Antonio, 1
    • 3 beds 3 baths ∙ 2,006 Sqft ∙ Built 2010 3 beds 3 baths ∙ 2,006 Sqft ∙ Built 2010
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.82
    •  
  • 7927 Cenote Dr San Antonio, 2
    • 3 beds 3 baths ∙ 1,909 Sqft ∙ Built 2013 3 beds 3 baths ∙ 1,909 Sqft ∙ Built 2013
    property image
    LEASED 08/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.89
    •  
  • 7517 Clos Du Bois San Antonio, 3
    • 3 beds 2 baths ∙ 1,873 Sqft ∙ Built 2010 3 beds 2 baths ∙ 1,873 Sqft ∙ Built 2010
    property image
    LEASED 05/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.90
    •  
  • 13134 Piper Sonoma San Antonio, 4
    • 3 beds 2 baths ∙ 1,852 Sqft ∙ Built 2012 3 beds 2 baths ∙ 1,852 Sqft ∙ Built 2012
    property image
    LEASED 06/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.94
    •  
  • 12898 Cedarcreek Trail San Antonio, 5
    • 4 beds 2 baths ∙ 2,203 Sqft ∙ Built 2017 4 beds 2 baths ∙ 2,203 Sqft ∙ Built 2017
    property image
    LEASED 02/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.81
    •  
PROPERTY LISTING DETAILS
Gasper Sifuentes
1.210.332.0161
San Antonio's Finest Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1479064
Last Updated: 08/24/2020
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