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14129 Dream River Trail Fort Worth, TX 76052

4 Beds 2 Baths 2,121 sqft Built 2006

$259,900

List Price

$1,910

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

December 10, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $122.54
  • 4 Days on Market
  • MLS # : 14482455
  • Updated Date : 12/12/2020 at 08:30
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,121 sqft
  • Baths : 2 full
Listing Agent

Better Homes & Gardens, Winans

Listing Agent's Description

ALL OFFERS DUE Saturday Dec 12 by 7.00 p.m. This one owner, well-cared for home has been completely updated inside including new paint, wood look ceramic tile and granite countertops. Fireplace has gas logs. The master bath has separate tub and shower and dual sinks. If outdoors is your preference, you will love the oversized back yard, large covered wooden deck and mature trees (even a peach tree) roof replaced in 2016. This home sits on a cul-de-sac street that is quiet and private. Close to schools, park and highways. NWISD. Agent is related to seller. Buyer to verify all info contained in this listing. Including room sizes, square footage and schools Seller's warranty through Nations Home Warranty

SEE MORE

MARKET HIGHLIGHTS

  • . 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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Sendera Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320kPrice in $100k336k

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

Neighborhood: Sendera Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21200130014001500160017001800190020002100Rent in $11262171

* 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
Sendera Ranch Elementary School Primary Regular 599 37 8
Truett Wilson Middle School Middle Unknown 844 58 NA
Byron Nelson High School High Regular 2,552 147 8

Sendera Ranch Elementary School

  • Education Level: Primary
  • # of students: 599
  • # of teachers: 37
8
GreatSchools Rating

Truett Wilson Middle School

  • Education Level: Middle
  • # of students: 844
  • # of teachers: 58
NA
GreatSchools Rating

Byron Nelson High School

  • Education Level: High
  • # of students: 2,552
  • # of teachers: 147
8
GreatSchools Rating
 

$233,910$285,890$259,900

PURCHASE PRICE

$1,719$2,101$1,910

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,910
EXPENSES Loan Payment -$959
Property Tax -$596
Property Insurance -$150
HOA -$44
Property Management Fees -$99
CASH FLOW
$63

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.

$259,900

PROJECTED PRICE

$1,910

PROJECTED RENT

0.73%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 7.7%
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

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

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$74,624

INVESTMENT

$74,624

Down Payment
$64,975
Rehab Estimate
$5,750
Closing Costs
$3,899

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$959

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $64,975
Loan Amount $194,925
See What Happens When You Reinvest Cash Flow

5.5

YEARS SAVED

$18,367

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,910

    LIST RENT
  • $0.9

    LIST RENT PER SQFT
  • $1,898

    COMP ESTIMATED VALUE
  • $0.9

    COMP AVG. RENT PER SQFT
Comps Range
$1,750
1$1,7502$1,7953$1,8504$1,8505$1,910
$1,910
RENT COMPS ANALYSIS
  • 14129 Dream River Trail Fort Worth, TX 5
    • 4 beds 2 baths ∙ 2,121 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,121 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $1,910
    • $0.90
    •  
  • 14437 Artesia Court Fort Worth, TX 1
    • 4 beds 2 baths ∙ 1,935 Sqft ∙ Built 2010 4 beds 2 baths ∙ 1,935 Sqft ∙ Built 2010
    LEASED 10/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.90
    •  
  • 14016 Wrangler Way Fort Worth, TX 2
    • 4 beds 2 baths ∙ 1,990 Sqft ∙ Built 2009 4 beds 2 baths ∙ 1,990 Sqft ∙ Built 2009
    LEASED 12/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.90
    •  
  • 13425 Austin Stone Drive Fort Worth, TX 3
    • 4 beds 2 baths ∙ 2,057 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,057 Sqft ∙ Built 2006
    LEASED 04/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.90
    •  
  • 14029 Dream River Trail Fort Worth, TX 4
    • 4 beds 2 baths ∙ 2,098 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,098 Sqft ∙ Built 2006
    LEASED 11/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.88
    •  
PROPERTY LISTING DETAILS
Starla Karlis
Better Homes & Gardens, Winans
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14482455
Last Updated: 12/12/2020
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