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137 San Bernard Trail Hutto, TX 78634

4 Beds 2 Baths 1,869 sqft Built 2018

$279,990

List Price

$1,750

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

December 18, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2018
  • Price/Sqft : $149.81
  • 3 Days on Market
  • MLS # : 2628985
  • Updated Date : 12/19/2020 at 18:24
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,869 sqft
  • Baths : 2 full
Listing Agent

Pacesetter Properties

Listing Agent's Description

Excellent condition 2 year old home in beautiful Riverwalk subdivision. Located high on a hill with beautiful views from the pools, jogging paths and playgrounds. All relatively new houses on adjacent streets, so lots of enthusiastic neighbors who will be looking to make new friends. Four bedrooms with one well positioned (at front of house) for use as an office. Master has a huge walk-In closet and walk-in shower. Utility room for washer and dryer. Kitchen with dishwasher, disposal, oven and microwave, large pantry, large kitchen island open to the family room for convenient and comfortable interactions. Vaulted ceiling, smoke and carbon detectors. Impress your friends with the convenience of your Wi-Fi controlled thermostat, front door lock and garage door. Check the weather on the home's control panel. Enjoy the benefits of a Rain Bird sprinkler system that still has a year of transferrable warranty remaining. Close to Hutto lake par which has a fishing lake, basketball court and bird watching. Also nearby soccer fields and community pool. Easy access to main roads (highways 79, 130 and 45). Bedroom dimensions (rounded): Master 17' x 16', three others are 12' x 12' each. Agent owned.

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MARKET HIGHLIGHTS

  • #2 in Top 10 cities for entrepreneurs and start-ups (Business.org, 2018)
  • #3 on Best Cities for Renters (Smart Asset, July 2018)
  • #1 in 125 Best Places to Live in the USA (U.S. News, 2019)
  • Austin metro employment growth is at 3.4% and predicted to grow at 2.9% in 2019 (USMayors.org, 2018)
  • Companies with headquarters and major regional presence in Austin: Dell, Whole Foods, Apple, AMD, IBM, Flextronics, Google, Facebook, National Instruments, and Freescale Semiconductor. Apple announced an investment of $1 billion in a new 133-acre campus in Austin accommodating an additional 5,000 employees.
  • Austin metro has 70% labor force participation rate, one of the highest in the nation and higher than the national rate 62.8% (USMayors.org, 2018)
  • Austin ranks #7 in total venture capital deals flow with $1.84 billion venture funding flowing in to the metro in 2019, an increase of 19.5% from the previous year (Crunchbase News, 2020)
  • Austin metro contributes to 8.4% of Texas state economy i.e. Gross State Product (USMayors.org, 2018)
  • #1 in U.S. Cities attracting the most workers and a preferred destination for job movers (LinkedIn, August 2018; Glassdoor May 2018 )
  • Austin metro economy is worth over $153 billion in Gross Metro Product and projected to grow to $162 billion in 2019 (USMayors.org, 2018)

PRICE & RENT TRENDS

Zip Code: 78634

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280kPrice in $117k298k

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

Zip Code: 78634

ZipNIR Market*CityMarket2010Year20002019 Q290010001100120013001400150016001700Rent in $8471723

* 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
Farley Middle School Primary Regular 682 44 6
Farley Middle School Middle Regular 682 44 6
Hutto High School High Regular 1,666 99 6

Farley Middle School

  • Education Level: Primary
  • # of students: 682
  • # of teachers: 44
6
GreatSchools Rating

Farley Middle School

  • Education Level: Middle
  • # of students: 682
  • # of teachers: 44
6
GreatSchools Rating

Hutto High School

  • Education Level: High
  • # of students: 1,666
  • # of teachers: 99
6
GreatSchools Rating
 

$251,991$307,989$279,990

PURCHASE PRICE

$1,575$1,925$1,750

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,750
EXPENSES Loan Payment -$1,033
Property Tax -$660
Property Insurance -$132
HOA -$35
Property Management Fees -$99
CASH FLOW
-$209

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.

$279,990

PROJECTED PRICE

$1,750

PROJECTED RENT

0.63%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.75%
Appreciation Year (1-5) 6.4%
Maintenance Year (1-5) 8.00%
Vacancy 6.72%
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$800k

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$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$79,947

INVESTMENT

$79,947

Down Payment
$69,998
Rehab Estimate
$5,750
Closing Costs
$4,200

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,033

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $69,998
Loan Amount $209,993
See What Happens When You Reinvest Cash Flow

1.17

YEARS SAVED

$1,881

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,750

    LIST RENT
  • $0.94

    LIST RENT PER SQFT
  • $1,719

    COMP ESTIMATED VALUE
  • $0.92

    COMP AVG. RENT PER SQFT
Comps Range
$1,600
1$1,6002$1,7003$1,7254$1,7505$1,795
$1,795
RENT COMPS ANALYSIS
  • 137 San Bernard Trail Hutto, TX 4
    • 4 beds 2 baths ∙ 1,869 Sqft ∙ Built 2018 4 beds 2 baths ∙ 1,869 Sqft ∙ Built 2018
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.94
    •  
  • 314 E Comal Run Hutto, TX 1
    • 3 beds 2 baths ∙ 1,728 Sqft ∙ Built 2011 3 beds 2 baths ∙ 1,728 Sqft ∙ Built 2011
    property image
    LEASED 01/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.93
    •  
  • 109 Sabine River Hutto, TX 2
    • 3 beds 3 baths ∙ 1,866 Sqft ∙ Built 2015 3 beds 3 baths ∙ 1,866 Sqft ∙ Built 2015
    property image
    LEASED 09/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.91
    •  
  • 139 San Bernard Trail Hutto, TX 3
    • 4 beds 2 baths ∙ 1,956 Sqft ∙ Built 2018 4 beds 2 baths ∙ 1,956 Sqft ∙ Built 2018
    property image
    LEASED 06/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,725
    • $0.88
    •  
  • 109 Denton Dr Hutto, TX 5
    • 4 beds 2 baths ∙ 1,869 Sqft ∙ Built 2017 4 beds 2 baths ∙ 1,869 Sqft ∙ Built 2017
    property image
    LEASED 02/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.96
    •  
PROPERTY LISTING DETAILS
Lourdes Faltesek
1.512.576.9042
Pacesetter Properties
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
Austin/Central Texas Realty Information Services ( ACTRIS)
MLS #: 2628985
Last Updated: 12/19/2020
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