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

1820 Ranch Trail Road Aubrey, TX 76227

3 Beds 3 Baths 2,424 sqft Built 2016

$315,000

List Price

$2,120

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

January 08, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $129.95
  • 3 Days on Market
  • MLS # : 14487281
  • Updated Date : 01/08/2021 at 19:13
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,424 sqft
  • Baths : 2 full , 1 half
Listing Agent

Century 21 Judge Fite Co.

Listing Agent's Description

Beautiful 3 bed, 2.1 bath located in the established phase 1 of ArrowBrooke community. Bring your family home to this community with lots of included community features and walking trails. House opens up with lots of natural lighting and real wood floors throughout the first floor. Main bedroom ensuite located on first floor with the rest of the bedrooms upstairs along with a loft or game room. Solar panels on house and water softener system will be paid off at time of closing and funding. Easy access to 380 and local shopping. This house will not last long!

SEE MORE

MARKET HIGHLIGHTS

  • # 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)
  • . Dallas has 7th largest concentration of high-tech jobs in the U.S. (Dallas Chamber)

PRICE & RENT TRENDS

Zip Code: 76227

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $117k336k

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

Zip Code: 76227

ZipNIR Market*CityMarket2010Year20002019 Q21200130014001500160017001800190020002100Rent in $11262171

* 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
Savannah Elementary School Primary Regular 640 42 6
Navo Middle School Middle Regular 1,077 65 7
Denton High School High Regular 2,166 140 6

Savannah Elementary School

  • Education Level: Primary
  • # of students: 640
  • # of teachers: 42
6
GreatSchools Rating

Navo Middle School

  • Education Level: Middle
  • # of students: 1,077
  • # of teachers: 65
7
GreatSchools Rating

Denton High School

  • Education Level: High
  • # of students: 2,166
  • # of teachers: 140
6
GreatSchools Rating
 

$283,500$346,500$315,000

PURCHASE PRICE

$1,908$2,332$2,120

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,120
EXPENSES Loan Payment -$1,094
Property Tax -$717
Property Insurance -$167
HOA -$65
Property Management Fees -$99
CASH FLOW
-$22

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.

$315,000

PROJECTED PRICE

$2,120

PROJECTED RENT

0.67%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 7.6%
Maintenance Year (1-5) 8.00%
Vacancy 6.93%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

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

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$89,225

INVESTMENT

$89,225

Down Payment
$78,750
Rehab Estimate
$5,750
Closing Costs
$4,725

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,094

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $78,750
Loan Amount $236,250
See What Happens When You Reinvest Cash Flow

3.67

YEARS SAVED

$10,942

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,120

    LIST RENT
  • $0.87

    LIST RENT PER SQFT
  • $2,157

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$1,995
1$1,9952$1,9953$2,1204$2,2005$2,250
$2,250
RENT COMPS ANALYSIS
  • 1820 Ranch Trail Road Aubrey, TX 3
    • 3 beds 3 baths ∙ 2,424 Sqft ∙ Built 2016 3 beds 3 baths ∙ 2,424 Sqft ∙ Built 2016
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,120
    • $0.87
    •  
  • 1909 Ranch Trail Road Aubrey, TX 1
    • 4 beds 3 baths ∙ 2,157 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,157 Sqft ∙ Built 2016
    property image
    LEASED 10/12/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.92
    •  
  • 1632 Ridge Creek Lane Aubrey, TX 2
    • 3 beds 3 baths ∙ 2,397 Sqft ∙ Built 2017 3 beds 3 baths ∙ 2,397 Sqft ∙ Built 2017
    property image
    LEASED 06/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.83
    •  
  • 1804 Ridge Creek Lane Aubrey, TX 4
    • 4 beds 3 baths ∙ 2,600 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,600 Sqft ∙ Built 2016
    property image
    LEASED 05/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.85
    •  
  • 1520 Bull Street Aubrey, TX 5
    • 4 beds 3 baths ∙ 2,337 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,337 Sqft ∙ Built 2016
    property image
    LEASED 02/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $0.96
    •  
PROPERTY LISTING DETAILS
Lindsey Grissette
Century 21 Judge Fite Co.
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14487281
Last Updated: 01/08/2021
BESbswy