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13704 Blakeville Live Oak, TX 78233

3 Beds 3 Baths 2,087 sqft Built 2012

INVESTimate

$255,000

List Price

$1,570

$1,413 - $1,727

Rent Est.

$267,393  ( +4.86%)   1 YR EST. FORECAST

PROPERTY INFO

August 24, 2020 RECENTLY ADDED
FACTS
  • Built In 2012
  • Price/Sqft : $122.18
  • 3 Days on Market
  • MLS # : 1479007
  • Updated Date : 08/26/2020 at 01:35
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,087 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams City-view

Listing Agent's Description

Two story home tucked away back in the subdivision on a non busy street. Granite kitchen, abundant storage, granite countertops, gas cooking, stainless steel appliances. Open floor plan, two living areas. Split master bedroom up, double vanity, garden tub/separate shower. Walk in closets in all bedrooms. Oversized backyard. Covered patio for entertaining and separate dining room. Pantry is oversized and has extra shelving. Neighborhood amenities include park, playground, and sports court, splash pad & walking trails. Forum shopping, restaurants, Rolling Oaks Mall and 1604 & 35 is very close. Washer and dryer are tenant owned and do not convey.

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
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
 

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

PURCHASE PRICE

$1,413$1,727$1,570

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 $1,570
EXPENSES Loan Payment -$941
Property Tax -$557
Property Insurance -$148
HOA -$21
Property Management Fees -$99
CASH FLOW
-$195

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

$1,570

PROJECTED RENT

0.62%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 4.86%
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

0.5

YEARS SAVED

$623

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,570

    LIST RENT
  • $0.75

    LIST RENT PER SQFT
  • $1,591

    COMP ESTIMATED VALUE
  • $0.76

    COMP AVG. RENT PER SQFT
Comps Range
$1,495
1$1,4952$1,5453$1,5704$1,5955$1,690
$1,690
RENT COMPS ANALYSIS
  • 13704 Blakeville Live Oak, 3
    • 3 beds 3 baths ∙ 2,087 Sqft ∙ Built 2012 3 beds 3 baths ∙ 2,087 Sqft ∙ Built 2012
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,570
    • $0.75
    •  
  • 7118 Knights Haven San Antonio, 1
    • 3 beds 3 baths ∙ 2,144 Sqft ∙ Built 2001 3 beds 3 baths ∙ 2,144 Sqft ∙ Built 2001
    property image
    LEASED 03/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.70
    •  
  • 13334 Loma Sierra San Antonio, 2
    • 4 beds 3 baths ∙ 1,906 Sqft ∙ Built 2014 4 beds 3 baths ∙ 1,906 Sqft ∙ Built 2014
    property image
    LEASED 02/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,545
    • $0.81
    •  
  • 13904 Bressani Way Live Oak, 4
    • 4 beds 2 baths ∙ 2,078 Sqft ∙ Built 2005 4 beds 2 baths ∙ 2,078 Sqft ∙ Built 2005
    property image
    LEASED 05/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.77
    •  
  • 6839 Knights Haven San Antonio, 5
    • 3 beds 3 baths ∙ 2,195 Sqft ∙ Built 2002 3 beds 3 baths ∙ 2,195 Sqft ∙ Built 2002
    property image
    LEASED 02/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,690
    • $0.77
    •  
PROPERTY LISTING DETAILS
Shana Kounse
1.210.373.3011
Keller Williams City-view
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1479007
Last Updated: 08/26/2020
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