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13307 Sun Sierra San Antonio, TX 78245

3 Beds 2 Baths 1,339 sqft Built 2009

$189,500

List Price

$1,350

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

November 06, 2020 RECENTLY ADDED
FACTS
  • Built In 2009
  • Price/Sqft : $141.52
  • 4 Days on Market
  • MLS # : 1493503
  • Updated Date : 11/06/2020 at 15:06
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,339 sqft
  • Baths : 2 full
Listing Agent

Forefront Property Management

Listing Agent's Description

Charming one story three bedroom two full bath home tucked away in the Sundance Square community may be just the home you've been waiting for! Neatly shaded by mature trees and shrubs, the cooling aspect of nature's shadowing will certainly help maintain those low energy costs while keeping you cool in the summer heat. Travel past the stone mounted address plate to the spacious front porch area that will lead you to the oversized rod iron and wooden front door, that will definitely be a talking point for all your guests that come by to see what might just be your new home! Enter the main living area centrally located with ease to anywhere else in the home. Peaks of sunlight can be found coming through the large living room windows while still be shaded by the exterior tree coverage. Head through the entryway into the shared Kitchen and dining space that will showcase all appliances to come with the home: refrigerator, dishwasher, smooth cooktop range/oven and with plenty of cabinet space for storage! Directly placed in the center of the elongated hallway off the living room is the open entryway to the flex space that can be used for an office, reading area, game room and so much more! At the far end of the hall to the left will lead you to the split Master Bedroom area with a walk-in closet and private master bathroom area. Master Bathroom set up with single vanity, separate garden tub and walk-in shower! Travel down the corridor of the hallway towards the right to access the other two additional spacious bedroom areas! Just past the shared dining and kitchen area is the access to your great sized backyard with covered patio and pergola draped in flowing weaving vines. Come take a look today as this one won't last long!

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*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $86k205k

* 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
Lieck Elementary School Primary Regular 697 42 6
Bernal Middle School Middle Regular 618 38 NA
Brennan High School High Regular 2,455 137 7

Lieck Elementary School

  • Education Level: Primary
  • # of students: 697
  • # of teachers: 42
6
GreatSchools Rating

Bernal Middle School

  • Education Level: Middle
  • # of students: 618
  • # of teachers: 38
NA
GreatSchools Rating

Brennan High School

  • Education Level: High
  • # of students: 2,455
  • # of teachers: 137
7
GreatSchools Rating
 

$170,550$208,450$189,500

PURCHASE PRICE

$1,215$1,485$1,350

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,350
EXPENSES Loan Payment -$699
Property Tax -$423
Property Insurance -$104
HOA -$42
Property Management Fees -$99
CASH FLOW
-$17

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.

$189,500

PROJECTED PRICE

$1,350

PROJECTED RENT

0.71%

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

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$55,968

INVESTMENT

$55,968

Down Payment
$47,375
Rehab Estimate
$5,750
Closing Costs
$2,843

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$699

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $47,375
Loan Amount $142,125
See What Happens When You Reinvest Cash Flow

2.58

YEARS SAVED

$4,298

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,350

    LIST RENT
  • $1.01

    LIST RENT PER SQFT
  • $1,218

    COMP ESTIMATED VALUE
  • $0.91

    COMP AVG. RENT PER SQFT
Comps Range
$1,290
1$1,2902$1,3503$1,4254$1,4505$1,500
$1,500
RENT COMPS ANALYSIS
  • 13307 Sun Sierra San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,339 Sqft ∙ Built 2009 3 beds 2 baths ∙ 1,339 Sqft ∙ Built 2009
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $1.01
    •  
  • 139 Blue Juniper San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,385 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,385 Sqft ∙ Built 2004
    LEASED 06/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,290
    • $0.93
    •  
  • 13423 N Solar Crest San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,639 Sqft ∙ Built 2008 3 beds 2 baths ∙ 1,639 Sqft ∙ Built 2008
    LEASED 06/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,425
    • $0.87
    •  
  • 1011 Sundance Fall San Antonio, TX 4
    • 3 beds 3 baths ∙ 1,606 Sqft ∙ Built 2010 3 beds 3 baths ∙ 1,606 Sqft ∙ Built 2010
    LEASED 07/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.90
    •  
  • 910 Trilby San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,592 Sqft ∙ Built 2011 3 beds 2 baths ∙ 1,592 Sqft ∙ Built 2011
    LEASED 03/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.94
    •  
PROPERTY LISTING DETAILS
William Roberts
1.210.418.1880x
Forefront Property Management
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1493503
Last Updated: 11/06/2020
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