Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

13942 Badger Creek Drive Frisco, TX 75033

5 Beds 4 Baths 3,556 sqft Built 2007

$549,900

List Price

$2,780

$2.5K - $3K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 27, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $154.64
  • 2 Days on Market
  • MLS # : 14541798
  • Updated Date : 03/27/2021 at 21:15
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,556 sqft
  • Baths : 3 full , 1 half
Listing Agent

William Davis Realty Frisco

Listing Agent's Description

Simply elegant !!! Minutes away from PGA headquarters, FISD exemplary Schools in the desirable GRAYHAWK Community. Five Bedrooms & study. The study could be used as 6th bedrooms, four living Areas 3.5 Bathrooms.Brand new 40-ounce carpet, updated granite countertops in Master Bathroom. Extra specious Master bedroom with Bay windows. Study down and other four bedrooms and two baths are upstairs with game room.Californian style kitchen with huge island ,updated kitchen counters tops and backsplash SS appliances. 8mm engineer wood in family room. Highest and Best offer by Wednesday march 30th by 5:00 pm

SEE MORE

MARKET HIGHLIGHTS

  • Dallas metro's economy is worth $579 billion in Gross Metro Product and projected to grow to $613 billion in 2019 (USMayors.org, 2018)
  • Home to 20 Fortune 500 headquarters, 39 Fortune 1000 headquarters and 12 of Forbes' top private companies (Fortune)
  • Dallas metro contributes to 31.9%% of Texas state economy i.e. Gross State Product (USMayors.org, 2018)
  • Dallas metro has 67.1% labor force participation rate higher than the national rate 62.8% (USMayors.org, 2018)
  • . Dallas has 7th largest concentration of high-tech jobs in the U.S. (Dallas Chamber)
  • # 1 in the country for job growth in 2017 (2.6% growth, 91,700 new jobs) (US Census, Forbes, 2017)

PRICE & RENT TRENDS

Neighborhood: Grayhawk

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380k400k420kPrice in $123k434k

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

Neighborhood: Grayhawk

NeighborhoodNIR Market*CityMarket2010Year20002019 Q212001400160018002000220024002600Rent in $11262614

* 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
Billy Gene Phillips Elementary School Primary Unknown NA
Sue Wilson Stafford Middle School Middle Regular 1,146 78 10
Lone Star High School High Unknown NA

Billy Gene Phillips Elementary School

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

Sue Wilson Stafford Middle School

  • Education Level: Middle
  • # of students: 1,146
  • # of teachers: 78
10
GreatSchools Rating

Lone Star High School

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

$494,910$604,890$549,900

PURCHASE PRICE

$2,502$3,058$2,780

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,780
EXPENSES Loan Payment -$1,910
Property Tax -$968
Property Insurance -$233
HOA -$100
Property Management Fees -$99
CASH FLOW
-$530

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.

$549,900

PROJECTED PRICE

$2,780

PROJECTED RENT

0.51%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 5.9%
Maintenance Year (1-5) 8.00%
Vacancy 6.93%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$151,474

INVESTMENT

$151,474

Down Payment
$137,475
Rehab Estimate
$5,750
Closing Costs
$8,249

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,910

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $137,475
Loan Amount $412,425
See What Happens When You Reinvest Cash Flow

0.5

YEARS SAVED

$1,005

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,780

    LIST RENT
  • $0.78

    LIST RENT PER SQFT
  • $2,738

    COMP ESTIMATED VALUE
  • $0.77

    COMP AVG. RENT PER SQFT
Comps Range
$2,600
1$2,6002$2,6453$2,7804$2,8005$2,995
$2,995
RENT COMPS ANALYSIS
  • 13942 Badger Creek Drive Frisco, TX 3
    • 5 beds 4 baths ∙ 3,556 Sqft ∙ Built 2007 5 beds 4 baths ∙ 3,556 Sqft ∙ Built 2007
    • Rent
    • Rent Per SQFT
    •  
    • $2,780
    • $0.78
    •  
  • 2171 Mackinac Drive Frisco, TX 1
    • 4 beds 4 baths ∙ 3,633 Sqft ∙ Built 2008 4 beds 4 baths ∙ 3,633 Sqft ∙ Built 2008
    LEASED 05/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $0.72
    •  
  • 1344 Hazel Green Drive Frisco, TX 2
    • 5 beds 4 baths ∙ 3,556 Sqft ∙ Built 2006 5 beds 4 baths ∙ 3,556 Sqft ∙ Built 2006
    LEASED 07/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,645
    • $0.74
    •  
  • 14069 Union Grove Lane Frisco, TX 4
    • 4 beds 4 baths ∙ 3,419 Sqft ∙ Built 2013 4 beds 4 baths ∙ 3,419 Sqft ∙ Built 2013
    LEASED 11/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $0.82
    •  
  • 13460 Bugatti Drive Frisco, TX 5
    • 4 beds 4 baths ∙ 3,744 Sqft ∙ Built 2005 4 beds 4 baths ∙ 3,744 Sqft ∙ Built 2005
    LEASED 03/11/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,995
    • $0.80
    •  
PROPERTY LISTING DETAILS
Aliya Khan
William Davis Realty Frisco
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14541798
Last Updated: 03/27/2021
BESbswy