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1915 Argos Star San Antonio, TX 78245

4 Beds 2 Baths 1,818 sqft Built 2018

$272,000

List Price

$1,720

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

January 09, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2018
  • Price/Sqft : $149.61
  • 3 Days on Market
  • MLS # : 1503087
  • Updated Date : 01/09/2021 at 01:30
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,818 sqft
  • Baths : 2 full
Listing Agent

Keller Williams City-view

Listing Agent's Description

ARCADIA RIDGE. Beautiful home in Pulte Homes Reserve. 4 bedroom 2 full bath. Home includes: 2 car garage, 10ft ceilings, sprinkler system, built in pest control system, insulation upgraded. Custom tile throughout the house. Office nook, bay windows in Master bedroom..and many more. Come see this home for everything it has to offer. Community offers: expansive playground and walking trails, resort style pool, and NO CITY taxes. Schools are highly rated and the elementary school is just a short drive awa

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*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $86k205k

* 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
Herbert G. Boldt Elementary School Primary Regular NA
Bernal Middle School Middle Regular 618 38 NA
Brennan High School High Regular 2,455 137 7

Herbert G. Boldt Elementary School

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

Bernal Middle School

  • Education Level: Middle
  • # of students: 618
  • # of teachers: 38
NA
GreatSchools Rating

Brennan High School

  • Education Level: High
  • # of students: 2,455
  • # of teachers: 137
7
GreatSchools Rating
 

$244,800$299,200$272,000

PURCHASE PRICE

$1,548$1,892$1,720

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,720
EXPENSES Loan Payment -$945
Property Tax -$607
Property Insurance -$132
HOA -$30
Property Management Fees -$99
CASH FLOW
-$93

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.

$272,000

PROJECTED PRICE

$1,720

PROJECTED RENT

0.63%

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$77,830

INVESTMENT

$77,830

Down Payment
$68,000
Rehab Estimate
$5,750
Closing Costs
$4,080

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$945

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $68,000
Loan Amount $204,000
See What Happens When You Reinvest Cash Flow

1.42

YEARS SAVED

$2,418

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,720

    LIST RENT
  • $0.95

    LIST RENT PER SQFT
  • $1,677

    COMP ESTIMATED VALUE
  • $0.92

    COMP AVG. RENT PER SQFT
Comps Range
$1,400
1$1,4002$1,5003$1,6254$1,6755$1,720
$1,720
RENT COMPS ANALYSIS
  • 1915 Argos Star San Antonio, TX 5
    • 4 beds 2 baths ∙ 1,818 Sqft ∙ Built 2018 4 beds 2 baths ∙ 1,818 Sqft ∙ Built 2018
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,720
    • $0.95
    •  
  • 1315 Sundance Fall San Antonio, TX 1
    • 4 beds 2 baths ∙ 1,639 Sqft ∙ Built 2008 4 beds 2 baths ∙ 1,639 Sqft ∙ Built 2008
    property image
    LEASED 01/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.85
    •  
  • 14515 Running Wolf San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,626 Sqft ∙ Built 2017 3 beds 2 baths ∙ 1,626 Sqft ∙ Built 2017
    property image
    LEASED 01/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.92
    •  
  • 1443 Kedros San Antonio, TX 3
    • 3 beds 3 baths ∙ 1,689 Sqft ∙ Built 2017 3 beds 3 baths ∙ 1,689 Sqft ∙ Built 2017
    property image
    LEASED 08/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,625
    • $0.96
    •  
  • 1403 Sun Garden San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,751 Sqft ∙ Built 2010 3 beds 2 baths ∙ 1,751 Sqft ∙ Built 2010
    property image
    LEASED 05/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,675
    • $0.96
    •  
PROPERTY LISTING DETAILS
Paul Roberts
1.210.400.9987
Keller Williams City-view
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1503087
Last Updated: 01/09/2021
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