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14529 Chino Drive Haslet, TX 76052

4 Beds 2 Baths 1,999 sqft Built 2015

$274,000

List Price

$1,790

$1.6K - $2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 12, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2015
  • Price/Sqft : $137.07
  • 3 Days on Market
  • MLS # : 14532199
  • Updated Date : 03/12/2021 at 20:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,999 sqft
  • Baths : 2 full
Listing Agent

Real Dallas Properties & Mngmt

Listing Agent's Description

HASLET! Immaculate 4 bedroom, 2 bath in the beautiful Sendera Ranch Community!! Oversized office features gorgeous epoxy flooring with large window. Open floor plan with kitchen opening into the living and dining area. Two car garage with one large single door access. Great backyard for family time outdoors. This home will not last long! Check it out today!! Seller will need two week leaseback upon closing for move out. Buyer and buyers agent to verify all school and soft info.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

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
Truett Wilson Middle School Middle Unknown 844 58 NA
Byron Nelson High School High Regular 2,552 147 8
Byron Nelson High School High Unknown NA

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

Byron Nelson High School

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

$246,600$301,400$274,000

PURCHASE PRICE

$1,611$1,969$1,790

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,790
EXPENSES Loan Payment -$952
Property Tax -$571
Property Insurance -$143
HOA -$48
Property Management Fees -$99
CASH FLOW
-$23

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.

$274,000

PROJECTED PRICE

$1,790

PROJECTED RENT

0.65%

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-$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$700k$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$78,360

INVESTMENT

$78,360

Down Payment
$68,500
Rehab Estimate
$5,750
Closing Costs
$4,110

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$952

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $68,500
Loan Amount $205,500
See What Happens When You Reinvest Cash Flow

3.75

YEARS SAVED

$9,910

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,790

    LIST RENT
  • $0.9

    LIST RENT PER SQFT
  • $1,769

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$1,645
1$1,6452$1,6503$1,7904$1,8005$1,800
$1,800
RENT COMPS ANALYSIS
  • 14529 Chino Drive Haslet, TX 3
    • 4 beds 2 baths ∙ 1,999 Sqft ∙ Built 2015 4 beds 2 baths ∙ 1,999 Sqft ∙ Built 2015
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,790
    • $0.90
    •  
  • 613 Rio Bravo Drive Fort Worth, TX 1
    • 4 beds 2 baths ∙ 1,928 Sqft ∙ Built 2010 4 beds 2 baths ∙ 1,928 Sqft ∙ Built 2010
    property image
    LEASED 03/05/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,645
    • $0.85
    •  
  • 817 San Felipe Trail Fort Worth, TX 2
    • 4 beds 2 baths ∙ 1,928 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,928 Sqft ∙ Built 2006
    property image
    LEASED 11/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.86
    •  
  • 14421 Chino Drive Fort Worth, TX 4
    • 3 beds 2 baths ∙ 1,999 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,999 Sqft ∙ Built 2015
    property image
    LEASED 05/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.90
    •  
  • 732 San Felipe Trail Fort Worth, TX 5
    • 4 beds 2 baths ∙ 1,928 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,928 Sqft ∙ Built 2006
    property image
    LEASED 06/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.93
    •  
PROPERTY LISTING DETAILS
Tina Dang
Real Dallas Properties & Mngmt
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14532199
Last Updated: 03/12/2021
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