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1913 Golden Sunrise Lane Pflugerville, TX 78660

3 Beds 2 Baths 1,346 sqft Built 2008

$249,900

List Price

$1,440

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

January 16, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2008
  • Price/Sqft : $185.66
  • 2 Days on Market
  • MLS # : 2519275
  • Updated Date : 01/16/2021 at 17:11
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,346 sqft
  • Baths : 2 full
Listing Agent

Realty Austin

Listing Agent's Description

Very clean well maintained one-story home. Large kitchen with eat-in dining open to the family room. MIL plan with the master having walk-in closet and full bath. Nice size secondary bedrooms. Lots of natural light. Nice shaded front yard with covered front porch. Back yard great for entertaining with covered patio and privacy fence. Elementary school right in the neighborhood. A very desirable location 20 minutes downtown.

SEE MORE

MARKET HIGHLIGHTS

  • 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

Neighborhood: Brookfield Estates

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280kPrice in $97k298k

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

Neighborhood: Brookfield Estates

NeighborhoodNIR Market*CityMarket2010Year20002019 Q290010001100120013001400150016001700Rent in $8411779

* 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
Wieland Elementary School Primary Regular 498 37 5
Dessau Middle School Middle Regular 817 60 3
Connally High School High Regular 1,934 138 4

Wieland Elementary School

  • Education Level: Primary
  • # of students: 498
  • # of teachers: 37
5
GreatSchools Rating

Dessau Middle School

  • Education Level: Middle
  • # of students: 817
  • # of teachers: 60
3
GreatSchools Rating

Connally High School

  • Education Level: High
  • # of students: 1,934
  • # of teachers: 138
4
GreatSchools Rating
 

$224,910$274,890$249,900

PURCHASE PRICE

$1,296$1,584$1,440

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,440
EXPENSES Loan Payment -$868
Property Tax -$584
Property Insurance -$103
HOA -$29
Property Management Fees -$99
CASH FLOW
-$243

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.

$249,900

PROJECTED PRICE

$1,440

PROJECTED RENT

0.58%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.75%
Appreciation Year (1-5) 8.1%
Maintenance Year (1-5) 8.00%
Vacancy 6.72%
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$800k

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$71,974

INVESTMENT

$71,974

Down Payment
$62,475
Rehab Estimate
$5,750
Closing Costs
$3,749

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 75% down payment or higher enables the proceeds from the asset to cover all costs.

$868

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $62,475
Loan Amount $187,425
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$339

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,440

    LIST RENT
  • $1.07

    LIST RENT PER SQFT
  • $1,460

    COMP ESTIMATED VALUE
  • $1.09

    COMP AVG. RENT PER SQFT
Comps Range
$1,440
1$1,4402$1,5753$1,5954$1,595
$1,595
RENT COMPS ANALYSIS
  • 1913 Golden Sunrise Lane Pflugerville, TX 1
    • 3 beds 2 baths ∙ 1,346 Sqft ∙ Built 2008 3 beds 2 baths ∙ 1,346 Sqft ∙ Built 2008
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,440
    • $1.07
    •  
  • 14813 Falling Stone Lane Pflugerville, TX 2
    • 3 beds 3 baths ∙ 1,439 Sqft ∙ Built 2007 3 beds 3 baths ∙ 1,439 Sqft ∙ Built 2007
    property image
    LEASED 05/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $1.09
    •  
  • 1721 Darjeeling Drive Pflugerville, TX 3
    • 3 beds 3 baths ∙ 1,439 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,439 Sqft ∙ Built 2005
    property image
    LEASED 09/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $1.11
    •  
  • 1517 Darjeeling Dr Pflugerville, TX 4
    • 3 beds 2 baths ∙ 1,487 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,487 Sqft ∙ Built 2005
    property image
    LEASED 05/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $1.07
    •  
PROPERTY LISTING DETAILS
Gail Huebel
1.512.848.3477
Realty Austin
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
Austin/Central Texas Realty Information Services ( ACTRIS)
MLS #: 2519275
Last Updated: 01/16/2021
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