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

15172 Bardwell Lane Frisco, TX 75035

5 Beds 4 Baths 4,383 sqft Built 2014

$625,000

List Price

$3,480

$3.2K - $3.7K

Rent Est.

PROPERTY INFO

January 29, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2014
  • Price/Sqft : $142.60
  • 3 Days on Market
  • MLS # : 14506844
  • Updated Date : 01/30/2021 at 13:16
CONSTRUCTION
  • Beds : 5
  • Floor Size : 4,383 sqft
  • Baths : 4 full
Listing Agent

Ebby Halliday, Realtors-frisco

Listing Agent's Description

MULTIPLE OFFERS BEST AND FINAL BY SUNDAY AT 6pm Shaddock built HM located on culdesac and greenbelt-walking trail setting w-very private,pool size back yard w-covered & extended patio and 2020 hot tub.This 5 BR 4 full bath HM includes game and media room, study and an optional room-currently being used as exercise room. 2019 Roof, Gutters plus 13 Windows. Excellent ISDs all w-i walking distance. Home has gate to walking trails,pool,playground,BB court and schools.Real Hand-scrapped hardwood flooring,Kitchen has SS appliances,double ovens,B-I microwave,gas cooking, tons of cabinets, LG island and granite. First floor family room with hardwood flooring,lots of natural lighting in this home. 1st FLOOR MIL

SEE MORE

MARKET HIGHLIGHTS

  • . 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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Villages of Stonelake

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600kPrice in $123k609k

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

Neighborhood: Villages of Stonelake

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21200140016001800200022002400260028003000320034003600Rent in $11263706

* 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
Lucille Rogers Ashley Elementary School Primary Regular 848 46 9
Nelson Middle School Middle Unknown NA
Independence High School High Unknown 1,161 102 9

Lucille Rogers Ashley Elementary School

  • Education Level: Primary
  • # of students: 848
  • # of teachers: 46
9
GreatSchools Rating

Nelson Middle School

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

Independence High School

  • Education Level: High
  • # of students: 1,161
  • # of teachers: 102
9
GreatSchools Rating
 

$562,500$687,500$625,000

PURCHASE PRICE

$3,132$3,828$3,480

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,480
EXPENSES Loan Payment -$2,171
Property Tax -$1,267
Property Insurance -$280
HOA -$58
Property Management Fees -$99
CASH FLOW
-$395

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.

$625,000

PROJECTED PRICE

$3,480

PROJECTED RENT

0.56%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.00%
Appreciation Year (1-5) 4.8%
Maintenance Year (1-5) 8.00%
Vacancy 7.37%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$171,375

INVESTMENT

$171,375

Down Payment
$156,250
Rehab Estimate
$5,750
Closing Costs
$9,375

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$2,171

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $156,250
Loan Amount $468,750
See What Happens When You Reinvest Cash Flow

1.33

YEARS SAVED

$4,682

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,480

    LIST RENT
  • $0.79

    LIST RENT PER SQFT
  • $3,539

    COMP ESTIMATED VALUE
  • $0.81

    COMP AVG. RENT PER SQFT
Comps Range
$3,200
1$3,2002$3,4803$3,5004$3,5005$4,000
$4,000
RENT COMPS ANALYSIS
  • 15172 Bardwell Lane Frisco, TX 2
    • 5 beds 4 baths ∙ 4,383 Sqft ∙ Built 2014 5 beds 4 baths ∙ 4,383 Sqft ∙ Built 2014
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,480
    • $0.79
    •  
  • 15495 Tealwood Lane Frisco, TX 1
    • 6 beds 4 baths ∙ 4,148 Sqft ∙ Built 2006 6 beds 4 baths ∙ 4,148 Sqft ∙ Built 2006
    property image
    LEASED 08/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $0.77
    •  
  • 10220 Ponzano Frisco, TX 3
    • 5 beds 4 baths ∙ 4,293 Sqft ∙ Built 2010 5 beds 4 baths ∙ 4,293 Sqft ∙ Built 2010
    property image
    LEASED 07/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $0.82
    •  
  • 14123 Sorano Drive Frisco, TX 4
    • 5 beds 4 baths ∙ 4,513 Sqft ∙ Built 2012 5 beds 4 baths ∙ 4,513 Sqft ∙ Built 2012
    property image
    LEASED 11/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $0.78
    •  
  • 11560 Ashdon Lane Frisco, TX 5
    • 5 beds 4 baths ∙ 4,675 Sqft ∙ Built 2005 5 beds 4 baths ∙ 4,675 Sqft ∙ Built 2005
    property image
    LEASED 09/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $0.86
    •  
PROPERTY LISTING DETAILS
Susan Ferguson
Ebby Halliday, Realtors-frisco
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14506844
Last Updated: 01/30/2021
BESbswy