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

1439 Hunters Plane San Antonio, TX 78245

3 Beds 3 Baths 2,340 sqft Built 2007

$205,000

List Price

$1,500

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

December 17, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $87.61
  • 4 Days on Market
  • MLS # : 1500169
  • Updated Date : 12/17/2020 at 20:32
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,340 sqft
  • Baths : 2 full , 1 half
Listing Agent

Exp Realty Llc

Listing Agent's Description

Two story home offers 3 bedrooms plus a formal living area, gameroom and 2.5 bathrooms. Bright and open floorplan with plenty of windows the natural light. Living area is open to dining and kitchen. Kitchen features ample cabinet/counter space and stainless steel appliances. Owner's retreat has two ceiling fans and recessed lighting owner's bathroom. Gameroom is perfect for entertaining. Large backyard has a privacy fence. This home is a must see!

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: Heritage

NeighborhoodNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $67k204k

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

Neighborhood: Heritage

NeighborhoodNIR Market*CityMarket2010Year20002019 Q270080090010001100120013001400Rent in $6791456

* 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
Hatchett Elementary School Primary Regular 841 53 5
Pease Middle School Middle Regular 1,139 73 4
Stevens High School High Regular 2,866 172 4

Hatchett Elementary School

  • Education Level: Primary
  • # of students: 841
  • # of teachers: 53
5
GreatSchools Rating

Pease Middle School

  • Education Level: Middle
  • # of students: 1,139
  • # of teachers: 73
4
GreatSchools Rating

Stevens High School

  • Education Level: High
  • # of students: 2,866
  • # of teachers: 172
4
GreatSchools Rating
 

$184,500$225,500$205,000

PURCHASE PRICE

$1,350$1,650$1,500

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,500
EXPENSES Loan Payment -$756
Property Tax -$458
Property Insurance -$162
HOA -$17
Property Management Fees -$99
CASH FLOW
$8

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 18% of earned rent to cover both maintenance and periods of vacancy.

$205,000

PROJECTED PRICE

$1,500

PROJECTED RENT

0.73%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 7.3%
Maintenance Year (1-5) 8.00%
Vacancy 9.54%
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-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

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$60,075

INVESTMENT

$60,075

Down Payment
$51,250
Rehab Estimate
$5,750
Closing Costs
$3,075

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$756

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $51,250
Loan Amount $153,750
See What Happens When You Reinvest Cash Flow

2.67

YEARS SAVED

$5,098

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,500

    LIST RENT
  • $0.64

    LIST RENT PER SQFT
  • $1,585

    COMP ESTIMATED VALUE
  • $0.68

    COMP AVG. RENT PER SQFT
Comps Range
$1,450
1$1,4502$1,5003$1,6004$1,6505$1,695
$1,695
RENT COMPS ANALYSIS
  • 1439 Hunters Plane San Antonio, TX 2
    • 3 beds 3 baths ∙ 2,340 Sqft ∙ Built 2007 3 beds 3 baths ∙ 2,340 Sqft ∙ Built 2007
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.64
    •  
  • 9154 Everton San Antonio, TX 1
    • 3 beds 3 baths ∙ 2,154 Sqft ∙ Built 2007 3 beds 3 baths ∙ 2,154 Sqft ∙ Built 2007
    property image
    LEASED 03/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.67
    •  
  • 1511 Agency Pt San Antonio, TX 3
    • 3 beds 3 baths ∙ 2,244 Sqft ∙ Built 2006 3 beds 3 baths ∙ 2,244 Sqft ∙ Built 2006
    property image
    LEASED 01/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.71
    •  
  • 9255 Ingleton San Antonio, TX 4
    • 4 beds 3 baths ∙ 2,538 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,538 Sqft ∙ Built 2006
    property image
    LEASED 09/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.65
    •  
  • 1307 Hunters Plane San Antonio, TX 5
    • 4 beds 3 baths ∙ 2,500 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,500 Sqft ∙ Built 2007
    property image
    LEASED 09/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.68
    •  
PROPERTY LISTING DETAILS
Dayton Schrader
1.210.757.9785
Exp Realty Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1500169
Last Updated: 12/17/2020
BESbswy