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

15 Vinca Trail The Woodlands, TX 77382

4 Beds 3 Baths 2,293 sqft Built 2001

$349,000

List Price

$2,170

$2K - $2.4K

Rent Est.

$98,235

Investment Est.

AVAILABLE

REQUEST INFO

SCHEDULE APPOINTMENT

It's free, with no obligation

AVAILABLE

1 Year
(+2.9%)
1 YR. PROJ. APPRECIATION


Cap Rate	3.1%
Cash Flow	$60
Value Increase	$10,359

10 YEAR

Cash On Cash	-3.7%
Total Return	6.9%

PROPERTY INFO

January 14, 2021 RECENTLY ADDED

FACTS

Single Family
Built In 2001
Price/Sqft : $152.20
5 Days on Market
MLS # : 70238192
Updated Date : 01/14/2021 at 09:06

CONSTRUCTION

Beds : 4
Floor Size : 2,293 sqft
Baths : 2 full , 1 half

Listing Agent

Keller Williams Realty

Listing Agent's Description

Don't miss your chance to make this beautiful 2-story, home yours! Located in the heart of The Woodlands in the much sought after neighborhood of Alden Bridge. This 4 bedroom home is complete with a bonus room or office space, 2.5 bathrooms, a large open layout and a massive back porch perfect for all entertaining needs! Situated close to 1488 and 45 for easy commuting access. Don't wait, schedule your showing now!

14 Vinca Trail

The Woodlands, Texas

View on Google Maps

Custom Imagery

-

-

This image is no longer available

Rotate the view

Map Data© 2021 Google
Terms of Use
Report a problem
© 2021 Google
Map Data
© 2021 Google

Street View

1 of 27 X

MARKET HIGHLIGHTS

Houston Market Report

Houston metro's economy is worth $544.6 billion in Gross Metro Product and projected to grow to $580 billion in 2019 (USMayors.org, 2018)
Houston metro has 63.4% labor force participation rate higher than the national rate 62.8%. The participation rate is expected to grow to 63.6% in 2020 (USMayors.org, 2018)

Houston metro employment growth is at 1.8% and predicted to grow to 2.7% in 2019-20 (USMayors.org, 2018)
Houston metro contributes to 29.5% of Texas state economy i.e. Gross State Product (USMayors.org, 2018)

Neighborhood: Alden Bridge

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

Neighborhood: Alden Bridge

* 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
Buckalew Elementary School	Primary	Regular	698	39	10
Mccullough Junior High School	Middle	Regular	2,229	120	10
The Woodlands High School Senior Campus	High	Regular	4,142	228	9

Buckalew Elementary School

Education Level: Primary
# of students: 698
# of teachers: 39

GreatSchools Rating

Mccullough Junior High School

Education Level: Middle
# of students: 2,229
# of teachers: 120

GreatSchools Rating

The Woodlands High School Senior Campus

Education Level: High
# of students: 4,142
# of teachers: 228

GreatSchools Rating

FINANCIALS

Learn how to read this

$314,100$383,90000$349,000

PURCHASE PRICE

$1,953$2,38700$2,170

RENT

DOWN PAYMENT

FINANCING

OFF ON

Acquisition Concierge

Toggle to see the acquisition concierge fee. LEARN MORE

PROPERTY

Expense Inflation	%
Vacancy	%
Length of Stay
Expense Inflation	%
Vacancy	%
Length of Stay

YEAR (1-5)

Appreciation	%
Rental Growth	%
Maintenance	%

YEAR (1-5)

Appreciation	%
Rental Growth	%
Maintenance	%

YEAR (6+)

Appreciation	%
Rental Growth	%
Maintenance	%

INVESTMENT

Rehab Costs
Reinvest Cash Flow	Yes No
Interest Rate	%

INVESTMENT

Rehab Costs
Reinvest Cash Flow	Yes No
Interest Rate	%

Learn how to read this

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME	Rent	$2,170
EXPENSES	Loan Payment	-$1,212
	Property Tax	-$694
	Property Insurance	-$160
	Property Management Fees	-$99




CASH FLOW $5

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.

$349,000

PROJECTED PRICE

$2,170

PROJECTED RENT

0.62%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS
Expense Inflation	2.50%
Rental Growth Year (1-5)	2.87%
Appreciation Year (1-5)	2.9%
Maintenance Year (1-5)	8.00%
Vacancy	9.28%
Length of Stay Years	2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

Cash Flow
Appreciation
Principal

PROJECTED ANNUAL CASH FLOW

Tenant Turnover

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

Appreciation
Principal
Loan Balance

TOTAL CASH OUT OF POCKET

INVESTMENT

$98,235

Down Payment	$87,250
Rehab Estimate	$5,750
Closing Costs	$5,235

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,212

MONTHLY LOAN PAYMENT

30 yr

3.75%

25.00%

Down Payment

Term	30 Years
Interest	3.75%
Down Payment	$87,250
Loan Amount	$261,750

See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$6,644

INTEREST SAVED

CASH FLOW REINVESTMENT

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

$2,170
LIST RENT
$0.95
LIST RENT PER SQFT

$2,155
COMP ESTIMATED VALUE
$0.94
COMP AVG. RENT PER SQFT

Comps Range

$1,950

1$1,9502$2,0003$2,1204$2,1705$2,300

$2,300

RENT COMPS ANALYSIS

2,293
PROPERTY SQFT
$0.94
AVG RENT PER SQFT
$2,155
ESTIMATED VALUE
$2,170
LIST RENT

15 Vinca Trail The Woodlands, TX 5

4 beds 3 baths ∙ 2,293 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,293 Sqft ∙ Built 2001
Price

Price Per SQFT

$349,000

$152.20
35 Tallow Hill Place The Woodlands, TX 1

4 beds 3 baths ∙ 2,248 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,248 Sqft ∙ Built 1999
SOLD 09/29/20
Price

Price Per SQFT

$285,000

$126.78
18 Shellbark Place The Woodlands, TX 2

3 beds 2 baths ∙ 2,297 Sqft ∙ Built 1999 3 beds 2 baths ∙ 2,297 Sqft ∙ Built 1999
SOLD 12/01/20
Price

Price Per SQFT

$295,000

$128.43
3 Lyreleaf Place The Woodlands, TX 3

3 beds 3 baths ∙ 2,289 Sqft ∙ Built 1999 3 beds 3 baths ∙ 2,289 Sqft ∙ Built 1999
SOLD 10/30/20
Price

Price Per SQFT

$301,000

$131.50
136 S Brooksedge Circle The Woodlands, TX 4

4 beds 3 baths ∙ 2,424 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,424 Sqft ∙ Built 2000
SOLD 12/11/20
Price

Price Per SQFT

$343,000

$141.50

15 Vinca Trail The Woodlands, TX 4

4 beds 3 baths ∙ 2,293 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,293 Sqft ∙ Built 2001
Rent

Rent Per SQFT

$2,170

$0.95
151 W Sundance Circle Spring, TX 1

4 beds 3 baths ∙ 2,162 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,162 Sqft ∙ Built 1999
LEASED 02/24/20
Rent

Rent Per SQFT

$1,950

$0.90
14 Shellbark Place Spring, TX 2

3 beds 3 baths ∙ 2,300 Sqft ∙ Built 1999 3 beds 3 baths ∙ 2,300 Sqft ∙ Built 1999
LEASED 02/05/20
Rent

Rent Per SQFT

$2,000

$0.87
66 S Wynnoak Circle The Woodlands, TX 3

4 beds 2 baths ∙ 2,177 Sqft ∙ Built 1999 4 beds 2 baths ∙ 2,177 Sqft ∙ Built 1999
LEASED 03/13/20
Rent

Rent Per SQFT

$2,120

$0.97
35 Tallow Hill Place The Woodlands, TX 5

4 beds 3 baths ∙ 2,248 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,248 Sqft ∙ Built 1999
LEASED 12/03/20
Rent

Rent Per SQFT

$2,300

$1.02

PROPERTY LISTING DETAILS

Joel Griffin
1.832.655.5757
Keller Williams Realty

Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027

Houston Association of Realtors Multiple Listing Service ( HARMLS)
MLS #: 70238192
Last Updated: 01/14/2021

15 Vinca Trail The Woodlands, TX 77382

$349,000

$2,170

$98,235

REQUEST INFO

PROPERTY INFO

FACTS

CONSTRUCTION

Listing Agent

Listing Agent's Description

MARKET HIGHLIGHTS

PRICE & RENT TRENDS

SCHOOLS

Buckalew Elementary School

Mccullough Junior High School

The Woodlands High School Senior Campus

FINANCIALS

$314,100$383,90000$349,000

$1,953$2,38700$2,170

Acquisition Concierge

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

$349,000

$2,170

0.62%

PROJECTED ACCUMULATED WEALTH

PROJECTED ANNUAL CASH FLOW

PROJECTED PROPERTY VALUE

TOTAL CASH OUT OF POCKET

INVESTMENT

LOAN DETAILS

25%

$1,212

2.5

$6,644

$349,000

$152.2

$302,796

$132.05

COMPS RANGE

PRICE COMPS ANALYSIS

$2,170

$0.95

$2,155

$0.94

Comps Range

RENT COMPS ANALYSIS

PROPERTY LISTING DETAILS