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1431 Dry Eagle San Antonio, TX 78245

4 Beds 3 Baths 1,819 sqft Built 2012

$238,100

List Price

$1,470

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 25, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2012
  • Price/Sqft : $130.90
  • 4 Days on Market
  • MLS # : 1510860
  • Updated Date : 02/26/2021 at 16:39
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,819 sqft
  • Baths : 2 full , 1 half
Listing Agent

Levi Rodgers Real Estate Group

Listing Agent's Description

This immaculate 4 bedroom, 2.5 bathroom beauty in Dove Canyon boasts an array of sleek finishes, upgrades, and a thoughtful fluid layout. The main floor incorporates an open-concept living, dining, and kitchen area with wood-like laminate and tile flooring. Prepare a delicious meal in a freshly painted chef's kitchen that enjoys recessed lighting, professional-grade appliances, chestnut cabinets, and elegant tile backsplash. The adjacent breakfast nook overlooks and leads out to a private covered patio. The primary bedroom is tucked away towards the back of the home to ensure privacy and features an en-suite bathroom, lofty walk-in closet, and additional storage closet. Upstairs you will find a spacious loft and living area with endless possibilities and sizable bedrooms with brand-new carpet. Other highlights include a laundry room, a sprawling fenced backyard, and an attached garage. You will appreciate the community pool on hot summer days and easy access to 1604, 151, Hwy 90, Lackland AFB, Alamo Ranch Marketplace, and Seaworld.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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).

PRICE & RENT TRENDS

Neighborhood: West San Antonio

ZipNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $86k205k

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

Neighborhood: West San Antonio

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29001000110012001300140015001600Rent in $8451681

* 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
Behlau Elementary School Primary Regular 820 50 4
Luna Middle School Middle Regular 1,242 70 6
Brennan High School High Regular 2,455 137 7

Behlau Elementary School

  • Education Level: Primary
  • # of students: 820
  • # of teachers: 50
4
GreatSchools Rating

Luna Middle School

  • Education Level: Middle
  • # of students: 1,242
  • # of teachers: 70
6
GreatSchools Rating

Brennan High School

  • Education Level: High
  • # of students: 2,455
  • # of teachers: 137
7
GreatSchools Rating
 

$214,290$261,910$238,100

PURCHASE PRICE

$1,323$1,617$1,470

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,470
EXPENSES Loan Payment -$827
Property Tax -$532
Property Insurance -$132
HOA -$30
Property Management Fees -$99
CASH FLOW
-$150

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.

$238,100

PROJECTED PRICE

$1,470

PROJECTED RENT

0.62%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 3.9%
Maintenance Year (1-5) 8.00%
Vacancy 9.02%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$68,847

INVESTMENT

$68,847

Down Payment
$59,525
Rehab Estimate
$5,750
Closing Costs
$3,572

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$827

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $59,525
Loan Amount $178,575
See What Happens When You Reinvest Cash Flow

0.58

YEARS SAVED

$672

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,470

    LIST RENT
  • $0.81

    LIST RENT PER SQFT
  • $1,573

    COMP ESTIMATED VALUE
  • $0.87

    COMP AVG. RENT PER SQFT
Comps Range
$1,470
1$1,4702$1,4753$1,4754$1,7005$1,700
$1,700
RENT COMPS ANALYSIS
  • 1431 Dry Eagle San Antonio, TX 1
    • 4 beds 3 baths ∙ 1,819 Sqft ∙ Built 2012 4 beds 3 baths ∙ 1,819 Sqft ∙ Built 2012
    • Rent
    • Rent Per SQFT
    •  
    • $1,470
    • $0.81
    •  
  • 1419 S Dove Bend San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,641 Sqft ∙ Built 2013 3 beds 2 baths ∙ 1,641 Sqft ∙ Built 2013
    LEASED 10/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.90
    •  
  • 1422 Dove Bend San Antonio, TX 3
    • 4 beds 2 baths ∙ 1,738 Sqft ∙ Built 2012 4 beds 2 baths ∙ 1,738 Sqft ∙ Built 2012
    LEASED 11/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.85
    •  
  • 1620 Tree Run San Antonio, TX 4
    • 3 beds 3 baths ∙ 2,006 Sqft ∙ Built 2017 3 beds 3 baths ∙ 2,006 Sqft ∙ Built 2017
    LEASED 10/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.85
    •  
  • 1323 Kingbird Ct San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,982 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,982 Sqft ∙ Built 2015
    LEASED 02/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.86
    •  
PROPERTY LISTING DETAILS
Levi Rodgers
1.210.784.6585
Levi Rodgers Real Estate Group
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1510860
Last Updated: 02/26/2021
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