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1702 Estonia Grey San Antonio, TX 78251

3 Beds 2 Baths 2,004 sqft Built 2016

$265,000

List Price

$1,690

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

February 12, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $132.24
  • 4 Days on Market
  • MLS # : 1509490
  • Updated Date : 02/12/2021 at 23:55
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,004 sqft
  • Baths : 2 full
Listing Agent

Keller Williams City-view

Listing Agent's Description

Must see this beautiful 1 story, split plan, with high ceilings, 3 bedroom, 2 bath, & 2 car garage home. Located in the Well sought after Estonia Subdivision, home features a separate dining, island kitchen, and Gas cooking. Owners Retreat has a sitting room, with outside access to the covered patio, bath has a separate tub & separate shower, his & her vanities, along with his & her closets. Amenities to the community Playground/Park, Pool, Jogging Trails, BBQ, and Bike Trails. Easy access to Loop 410, Loop 1604, Hwy 151, tons of shopping and dining options await you. Make your appointment today!

SEE MORE

MARKET HIGHLIGHTS

  • 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).
  • 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)

PRICE & RENT TRENDS

Neighborhood: West San Antonio

ZipNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200k210kPrice in $86k213k

* 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
Evers Elementary School Primary Regular 1,002 58 6
Jordan Middle School Middle Regular 1,353 78 5
Warren High School High Regular 3,052 176 7

Evers Elementary School

  • Education Level: Primary
  • # of students: 1,002
  • # of teachers: 58
6
GreatSchools Rating

Jordan Middle School

  • Education Level: Middle
  • # of students: 1,353
  • # of teachers: 78
5
GreatSchools Rating

Warren High School

  • Education Level: High
  • # of students: 3,052
  • # of teachers: 176
7
GreatSchools Rating
 

$238,500$291,500$265,000

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 -$920
Property Tax -$592
Property Insurance -$143
HOA -$38
Property Management Fees -$99
CASH FLOW
-$102

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.

$265,000

PROJECTED PRICE

$1,690

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

PROJECTED ANNUAL CASH FLOW

11530-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$75,975

INVESTMENT

$75,975

Down Payment
$66,250
Rehab Estimate
$5,750
Closing Costs
$3,975

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$920

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $66,250
Loan Amount $198,750
See What Happens When You Reinvest Cash Flow

1.33

YEARS SAVED

$1,967

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
  • $0.84

    LIST RENT PER SQFT
  • $1,693

    COMP ESTIMATED VALUE
  • $0.85

    COMP AVG. RENT PER SQFT
Comps Range
$1,600
1$1,6002$1,6753$1,6904$1,6955$1,725
$1,725
RENT COMPS ANALYSIS
  • 1702 Estonia Grey San Antonio, TX 3
    • 3 beds 2 baths ∙ 2,004 Sqft ∙ Built 2016 3 beds 2 baths ∙ 2,004 Sqft ∙ Built 2016
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,690
    • $0.84
    •  
  • 8703 Jogeva Way San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,925 Sqft ∙ Built 2009 3 beds 2 baths ∙ 1,925 Sqft ∙ Built 2009
    property image
    LEASED 10/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.83
    •  
  • 2210 Loska Manor San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,925 Sqft ∙ Built 2009 3 beds 2 baths ∙ 1,925 Sqft ∙ Built 2009
    property image
    LEASED 08/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,675
    • $0.87
    •  
  • 8630 Lahemaa Falls San Antonio, TX 4
    • 3 beds 3 baths ∙ 2,022 Sqft ∙ Built 2011 3 beds 3 baths ∙ 2,022 Sqft ∙ Built 2011
    property image
    LEASED 12/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.84
    •  
  • 2207 Muuga Manor San Antonio, TX 5
    • 3 beds 3 baths ∙ 2,063 Sqft ∙ Built 2013 3 beds 3 baths ∙ 2,063 Sqft ∙ Built 2013
    property image
    LEASED 07/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,725
    • $0.84
    •  
PROPERTY LISTING DETAILS
Theresa Gomez
1.210.459.6315
Keller Williams City-view
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1509490
Last Updated: 02/12/2021
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