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16908 Aventura Ave 
Pflugerville, TX
78660
5 Beds 4 Baths 3,000 sqft
Built 2020
INVESTimate
$396,745
List Price
$107,137
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PROPERTY INFO
FACTS
- Built In 2020
- Price/Sqft : $132.25
- 2 Days on Market
- MLS # : 6700494
- Updated Date : 08/25/2020 at 15:19
CONSTRUCTION
- Beds : 5
- Floor Size : 3,000 sqft
- Baths : 4 full
Listing Agent
D.r. Horton, America's Builder
Listing Agent's Description
UNDER CONSTRUCTION-ESTIMATED COMPLETION IN MARCH 2021. HIS AMAZING HOMER PLAN IS A SPACIOUS TWO STORY HOME OFFERING NEARLY 3000 SQFT, PERFECT FOR LARGE FAMILIES WITH 2 BEDS/ 2 BATHS DOWN & 3 BEDS/2 BATHS & LOFT UP. FIRST FLOOR OPEN TO UPSTAIRS LOFT. KITCHEN WITH LARGE ISLAND AND BUILT IN APPLIANCES, FAMILY ROOM HAS GLASS DOORS OPENING TO A LARGE PATIO OVERLOOKING GREENBELT BEHIND. MASTER BATH WITH SEPERATE TUB AND SHOWER AND LARGE MASTER CLOSET.
SEE MORE
- Austin metro contributes to 8.4% of Texas state economy i.e. Gross State Product (USMayors.org, 2018)
- #1 in U.S. Cities attracting the most workers and a preferred destination for job movers (LinkedIn, August 2018; Glassdoor May 2018 )
- Austin metro economy is worth over $153 billion in Gross Metro Product and projected to grow to $162 billion in 2019 (USMayors.org, 2018)
- #2 in Top 10 cities for entrepreneurs and start-ups (Business.org, 2018)
- #3 on Best Cities for Renters (Smart Asset, July 2018)
- #1 in 125 Best Places to Live in the USA (U.S. News, 2019)
- Austin metro employment growth is at 3.4% and predicted to grow at 2.9% in 2019 (USMayors.org, 2018)
- Companies with headquarters and major regional presence in Austin: Dell, Whole Foods, Apple, AMD, IBM, Flextronics, Google, Facebook, National Instruments, and Freescale Semiconductor. Apple announced an investment of $1 billion in a new 133-acre campus in Austin accommodating an additional 5,000 employees.
- Austin metro has 70% labor force participation rate, one of the highest in the nation and higher than the national rate 62.8% (USMayors.org, 2018)
- Austin ranks #7 in total venture capital deals flow with $1.84 billion venture funding flowing in to the metro in 2019, an increase of 19.5% from the previous year (Crunchbase News, 2020)
PRICE & RENT TRENDS
Zip Code: 78660
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 78660
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,400 |
| EXPENSES | Loan Payment | -$1,464 |
| Property Tax | -$907 | |
| Property Insurance | -$196 | |
| HOA | -$65 | |
| Property Management Fees | -$192 | |
|
CASH FLOW
-$424
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 10% of earned rent to cover both maintenance and periods of vacancy.
$396,745
PROJECTED PRICE
$2,400
PROJECTED RENT
0.60%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.75% |
| Appreciation Year (1-5) | 7.09% |
| Maintenance Year (1-5) | 3.00% |
| Vacancy | 6.72% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$107,137
LOAN DETAILS
$1,464
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $99,186 |
| Loan Amount | $297,559 |
0.25
YEARS SAVED
$143
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,400
LIST RENT -
$0.8
LIST RENT PER SQFT
-
$2,348
COMP ESTIMATED VALUE -
$0.78
COMP AVG. RENT PER SQFT
Comps Range
-
16908 Aventura Ave Pflugerville, 5
- 5 beds 4 baths ∙ 3,000 Sqft ∙ Built 2020 5 beds 4 baths ∙ 3,000 Sqft ∙ Built 2020
- Rent
- Rent Per SQFT
- $2,400
- $0.80
-
19112 Elk Horn Dr Pflugerville, 1
- 5 beds 4 baths ∙ 2,856 Sqft ∙ Built 2019 5 beds 4 baths ∙ 2,856 Sqft ∙ Built 2019
LEASED 12/14/19- Rent
- Rent Per SQFT
- $2,050
- $0.72
-
17312 Lathrop Ave Pflugerville, 2
- 4 beds 4 baths ∙ 2,921 Sqft ∙ Built 2019 4 beds 4 baths ∙ 2,921 Sqft ∙ Built 2019
LEASED 06/20/20- Rent
- Rent Per SQFT
- $2,145
- $0.73
-
16449 Vescovo Ln Pflugerville, 3
- 4 beds 4 baths ∙ 2,875 Sqft ∙ Built 2018 4 beds 4 baths ∙ 2,875 Sqft ∙ Built 2018
LEASED 04/17/20- Rent
- Rent Per SQFT
- $2,395
- $0.83
-
16444 Vescovo Ln Pflugerville, 4
- 4 beds 3 baths ∙ 2,817 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,817 Sqft ∙ Built 2017
LEASED 08/01/20- Rent
- Rent Per SQFT
- $2,395
- $0.85
PROPERTY LISTING DETAILS
1.512.270.6196
D.r. Horton, America's Builder
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 6700494
Last Updated: 08/25/2020
