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13522 Ashmont Terrace Live Oak, TX 78233

3 Beds 2 Baths 1,574 sqft Built 2013

$259,000

List Price

$1,510

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2013
  • Price/Sqft : $164.55
  • 3 Days on Market
  • MLS # : 1512434
  • Updated Date : 03/06/2021 at 20:47
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,574 sqft
  • Baths : 2 full
Listing Agent

Rebate Haus, Llc

Listing Agent's Description

Welcome home! This beautiful home is waiting for you! This 3/2 features an open floor plan, beautiful stone fireplace featuring an electrical fireplace. Enjoy cooking in the kitchen with all stainless steel appliances and island kitchen. Master bath features a separte garden tub and walk in closet. You will love to entertain guest in this backyard featuring a multilevel deck with a firepit. Home also includes a Kinetico water softner, solar film on all windows, upgraded ac duting and registers, 2 UV light purification filters, irrigation system, and outdoor storage shed. Call now for your private showing.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • San Antonio metro economy is worth $130 billion in Gross Metro Product and projected to grow to $136 billion in 2019 (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
Rolling Meadows Elementary School Primary Regular 761 45 7
Kitty Hawk Middle School Middle Regular 1,298 83 6
Veterans Memorial High School High Regular NA

Rolling Meadows Elementary School

  • Education Level: Primary
  • # of students: 761
  • # of teachers: 45
7
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
 

$233,100$284,900$259,000

PURCHASE PRICE

$1,359$1,661$1,510

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,510
EXPENSES Loan Payment -$900
Property Tax -$566
Property Insurance -$118
HOA -$21
Property Management Fees -$99
CASH FLOW
-$193

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.

$259,000

PROJECTED PRICE

$1,510

PROJECTED RENT

0.58%

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

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$74,385

INVESTMENT

$74,385

Down Payment
$64,750
Rehab Estimate
$5,750
Closing Costs
$3,885

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 75% down payment or higher enables the proceeds from the asset to cover all costs.

$900

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $64,750
Loan Amount $194,250
See What Happens When You Reinvest Cash Flow

0.5

YEARS SAVED

$432

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,510

    LIST RENT
  • $0.96

    LIST RENT PER SQFT
  • $1,511

    COMP ESTIMATED VALUE
  • $0.96

    COMP AVG. RENT PER SQFT
Comps Range
$1,395
1$1,3952$1,3953$1,5104$1,5955$1,595
$1,595
RENT COMPS ANALYSIS
  • 13522 Ashmont Terrace Live Oak, TX 3
    • 3 beds 2 baths ∙ 1,574 Sqft ∙ Built 2013 3 beds 2 baths ∙ 1,574 Sqft ∙ Built 2013
    • Rent
    • Rent Per SQFT
    •  
    • $1,510
    • $0.96
    •  
  • 7701 Rohrdanz Live Oak, TX 1
    • 3 beds 2 baths ∙ 1,520 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,520 Sqft ∙ Built 1993
    LEASED 06/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.92
    •  
  • 7118 Elusive Pass San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,426 Sqft ∙ Built 2001 3 beds 2 baths ∙ 1,426 Sqft ∙ Built 2001
    LEASED 09/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.98
    •  
  • 6715 Nora Vista Way San Antonio, TX 4
    • 3 beds 3 baths ∙ 1,712 Sqft ∙ Built 2007 3 beds 3 baths ∙ 1,712 Sqft ∙ Built 2007
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.93
    •  
  • 13511 Ashmont Terrace Live Oak, TX 5
    • 3 beds 2 baths ∙ 1,574 Sqft ∙ Built 2014 3 beds 2 baths ∙ 1,574 Sqft ∙ Built 2014
    LEASED 12/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $1.01
    •  
PROPERTY LISTING DETAILS
Christopher Marti
1.210.404.7724
Rebate Haus, Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1512434
Last Updated: 03/06/2021
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