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PROPERTY INFO
FACTS
- Single Family
- Built In 2020
- Price/Sqft : $151.57
- 2 Days on Market
- MLS # : 2173657
- Updated Date : 11/28/2020 at 19:23
CONSTRUCTION
- Beds : 4
- Floor Size : 2,145 sqft
- Baths : 2 full , 1 half
Listing Agent
D.r. Horton, America's Builder
Listing Agent's Description
UNDER CONSTRUCTION - EST COMPLETION IN MARCH 2021. This master down plan features granite counters, stainless appliances, and white cabinetry. Baths have quartz counters, tile surround in showers and a double vanity at master bath. Extended wood looking vinyl into living & hall area. Full sod, irrigation, gutters and a covered back patio overlooking 125 acres owned by PISD. Ask about the technology package and warranty coverage!
SEE MORE
- 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)
- #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.
PRICE & RENT TRENDS
Zip Code: 78660
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 78660
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,990 |
| EXPENSES | Loan Payment | -$1,200 |
| Property Tax | -$657 | |
| Property Insurance | -$148 | |
| HOA | -$67 | |
| Property Management Fees | -$159 | |
|
CASH FLOW
-$240
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 10% of earned rent to cover both maintenance and periods of vacancy.
$325,120
PROJECTED PRICE
$1,990
PROJECTED RENT
0.61%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.79% |
| Appreciation Year (1-5) | 7.1% |
| Maintenance Year (1-5) | 3.00% |
| Vacancy | 6.80% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$88,157
LOAN DETAILS
$1,200
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $81,280 |
| Loan Amount | $243,840 |
0.92
YEARS SAVED
$1,482
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,990
LIST RENT -
$0.93
LIST RENT PER SQFT
-
$1,989
COMP ESTIMATED VALUE -
$0.93
COMP AVG. RENT PER SQFT
Comps Range
-
14010 Levy Lane Georgetown, TX 4
- 4 beds 3 baths ∙ 2,145 Sqft ∙ Built 2020 4 beds 3 baths ∙ 2,145 Sqft ∙ Built 2020
![property image]()
- Rent
- Rent Per SQFT
- $1,990
- $0.93
-
14015 Macquarie Drive Pflugerville, TX 1
- 4 beds 3 baths ∙ 2,141 Sqft ∙ Built 2020 4 beds 3 baths ∙ 2,141 Sqft ∙ Built 2020
![property image]()
LEASED 10/16/20- Rent
- Rent Per SQFT
- $1,950
- $0.91
-
14002 Macquarie Dr Pflugerville, TX 2
- 4 beds 3 baths ∙ 2,117 Sqft ∙ Built 2020 4 beds 3 baths ∙ 2,117 Sqft ∙ Built 2020
![property image]()
LEASED 08/17/20- Rent
- Rent Per SQFT
- $1,950
- $0.92
-
13902 Levy Ln Pflugerville, TX 3
- 4 beds 3 baths ∙ 2,117 Sqft ∙ Built 2020 4 beds 3 baths ∙ 2,117 Sqft ∙ Built 2020
![property image]()
LEASED 07/09/20- Rent
- Rent Per SQFT
- $1,950
- $0.92
-
13811 Levy Ln Pflugerville, TX 5
- 4 beds 3 baths ∙ 2,141 Sqft ∙ Built 2020 4 beds 3 baths ∙ 2,141 Sqft ∙ Built 2020
![property image]()
LEASED 06/26/20- Rent
- Rent Per SQFT
- $2,050
- $0.96
PROPERTY LISTING DETAILS
1.512.270.6196
D.r. Horton, America's Builder
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 2173657
Last Updated: 11/28/2020
