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14605 San Pablo Drive Fort Worth, TX 76052

3 Beds 2 Baths 1,706 sqft Built 2016

$259,900

List Price

$1,690

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 25, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $152.34
  • 4 Days on Market
  • MLS # : 14537944
  • Updated Date : 03/27/2021 at 16:11
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,706 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Realty

Listing Agent's Description

Multiple Offers received, highest and best due by 7pm Saturday March 27th. This lovely 3 bedroom 2 bath home was built in 2016 and offers an open floorplan great for entertaining! Oversized kitchen has large island, gas cook top, and Granite counter tops. Large master retreat plus spa-like bath with separate stand up shower and relaxing tub to melt away the stress of the day! Community Features of 3 Pools, Sports Court, Multiple Playgrounds, Parks, Trails and Clubhouse!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • . 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)

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
 

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

PURCHASE PRICE

$1,521$1,859$1,690

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,690
EXPENSES Loan Payment -$903
Property Tax -$542
Property Insurance -$126
HOA -$58
Property Management Fees -$99
CASH FLOW
-$37

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

$1,690

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$100k$200k$300k$400k$500k$600k$700k$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

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

$903

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $64,975
Loan Amount $194,925
See What Happens When You Reinvest Cash Flow

3.58

YEARS SAVED

$8,406

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,690

    LIST RENT
  • $0.99

    LIST RENT PER SQFT
  • $1,740

    COMP ESTIMATED VALUE
  • $1.02

    COMP AVG. RENT PER SQFT
Comps Range
$1,690
1$1,6902$1,8503$1,8754$1,8955$1,900
$1,900
RENT COMPS ANALYSIS
  • 14605 San Pablo Drive Fort Worth, TX 1
    • 3 beds 2 baths ∙ 1,706 Sqft ∙ Built 2016 3 beds 2 baths ∙ 1,706 Sqft ∙ Built 2016
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,690
    • $0.99
    •  
  • 14416 Chino Drive Fort Worth, TX 2
    • 4 beds 2 baths ∙ 1,820 Sqft ∙ Built 2014 4 beds 2 baths ∙ 1,820 Sqft ∙ Built 2014
    property image
    LEASED 03/23/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $1.02
    •  
  • 14724 Gilley Lane Fort Worth, TX 3
    • 3 beds 2 baths ∙ 1,874 Sqft ∙ Built 2017 3 beds 2 baths ∙ 1,874 Sqft ∙ Built 2017
    property image
    LEASED 03/03/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,875
    • $1.00
    •  
  • 14444 Chino Drive Fort Worth, TX 4
    • 3 beds 2 baths ∙ 1,852 Sqft ∙ Built 2016 3 beds 2 baths ∙ 1,852 Sqft ∙ Built 2016
    property image
    LEASED 12/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $1.02
    •  
  • 14528 Chino Drive Fort Worth, TX 5
    • 3 beds 2 baths ∙ 1,820 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,820 Sqft ∙ Built 2015
    property image
    LEASED 03/02/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $1.04
    •  
PROPERTY LISTING DETAILS
Kay Lopez
Keller Williams Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14537944
Last Updated: 03/27/2021
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