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

14707 High Plains Dr San Antonio, TX 78254

4 Beds 4 Baths 2,569 sqft Built 2012

$295,900

List Price

$1,880

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

December 05, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2012
  • Price/Sqft : $115.18
  • 2 Days on Market
  • MLS # : 1498286
  • Updated Date : 12/05/2020 at 19:18
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,569 sqft
  • Baths : 3 full , 1 half
Listing Agent

Jp & Associates, Realtors

Listing Agent's Description

Lovely 4 bedroom 3 and 1/2 bath 2 story brick home. Beautiful first floor master suite w/crown molding, separate tub & shower, walk in closets & dual sinks, Gourmet kitchen w/island, breakfast bar & gas cooking. Huge game room, large secondary bedrooms all upstairs. Close to LAFB, & other major employers, fine dining & shopping.

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*CityMarket2010Year20002019100k120k140k160k180k200k220kPrice in $86k235k

* 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
Henderson Elementary School Primary Regular 645 41 7
Folks Middle School Middle Regular 700 45 NA
Harlan High School High Regular NA

Henderson Elementary School

  • Education Level: Primary
  • # of students: 645
  • # of teachers: 41
7
GreatSchools Rating

Folks Middle School

  • Education Level: Middle
  • # of students: 700
  • # of teachers: 45
NA
GreatSchools Rating

Harlan High School

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

$266,310$325,490$295,900

PURCHASE PRICE

$1,692$2,068$1,880

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,880
EXPENSES Loan Payment -$1,092
Property Tax -$661
Property Insurance -$175
HOA -$31
Property Management Fees -$99
CASH FLOW
-$178

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.

$295,900

PROJECTED PRICE

$1,880

PROJECTED RENT

0.64%

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$700k$800k

PROJECTED ANNUAL CASH FLOW

11530-$8.0k-$6.0k-$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$84,164

INVESTMENT

$84,164

Down Payment
$73,975
Rehab Estimate
$5,750
Closing Costs
$4,439

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,092

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $73,975
Loan Amount $221,925
See What Happens When You Reinvest Cash Flow

0.75

YEARS SAVED

$1,400

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,880

    LIST RENT
  • $0.73

    LIST RENT PER SQFT
  • $2,004

    COMP ESTIMATED VALUE
  • $0.78

    COMP AVG. RENT PER SQFT
Comps Range
$1,785
1$1,7852$1,8503$1,8804$2,0755$2,095
$2,095
RENT COMPS ANALYSIS
  • 14707 High Plains Dr San Antonio, TX 3
    • 4 beds 4 baths ∙ 2,569 Sqft ∙ Built 2012 4 beds 4 baths ∙ 2,569 Sqft ∙ Built 2012
    • Rent
    • Rent Per SQFT
    •  
    • $1,880
    • $0.73
    •  
  • 14802 Buchsbaum Way San Antonio, TX 1
    • 3 beds 3 baths ∙ 2,324 Sqft ∙ Built 2006 3 beds 3 baths ∙ 2,324 Sqft ∙ Built 2006
    LEASED 07/11/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,785
    • $0.77
    •  
  • 8426 Pioneer Field San Antonio, TX 2
    • 3 beds 2 baths ∙ 2,372 Sqft ∙ Built 2015 3 beds 2 baths ∙ 2,372 Sqft ∙ Built 2015
    LEASED 03/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.78
    •  
  • 14527 Rawhide Way San Antonio, TX 4
    • 4 beds 4 baths ∙ 2,694 Sqft ∙ Built 2016 4 beds 4 baths ∙ 2,694 Sqft ∙ Built 2016
    LEASED 10/03/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,075
    • $0.77
    •  
  • 8410 Western Way San Antonio, TX 5
    • 4 beds 3 baths ∙ 2,613 Sqft ∙ Built 2008 4 beds 3 baths ∙ 2,613 Sqft ∙ Built 2008
    LEASED 08/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,095
    • $0.80
    •  
PROPERTY LISTING DETAILS
Meghan Pelley
1.210.232.3666
Jp & Associates, Realtors
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1498286
Last Updated: 12/05/2020
BESbswy