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

19927 Horizon Bluff San Antonio, TX 78258

4 Beds 3 Baths 2,295 sqft Built 1999

INVESTimate

$275,000

List Price

$2,090

$1,881 - $2,299

Rent Est.

$285,313  ( +3.75%)   1 YR EST. FORECAST

PROPERTY INFO

August 20, 2020 RECENTLY ADDED
FACTS
  • Built In 1999
  • Price/Sqft : $119.83
  • 7 Days on Market
  • MLS # : 1478234
  • Updated Date : 08/25/2020 at 13:19
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,295 sqft
  • Baths : 2 full , 1 half
Listing Agent

Fathom Realty Llc

Listing Agent's Description

PERFECT GATED LOCATION in NEISD w/ EASY access to 1604/BLANCO. Come see this beautiful 2 story home located in a quiet community in the sought after Stone Oak. Front room can act as a formal dining room, family room or even a study. Lovely natural light, high ceilings, and wood burning fireplace give the family room a cozy feel. Kitchen boasts plenty of counter space, beautiful tile backsplash and freshly painted cabinets. Huge master suite and bathroom with dual vanities, garden tub, separate shower, and a fabulous walk in closet. Loft can be used as a study or sitting area. Utility room upstairs allows for convenience. Oversized, covered back patio with fans overlooks the serene, fenced backyard and allows you to enjoy those hot summer nights outdoors! Fresh paint throughout home, updated light fixtures and doorknobs, brand new smoke detectors, brand new garage door openers, brand new dishwasher, newer hvac and roof (both 4 years old).

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: Stone Oak Park

NeighborhoodNIR Market*CityMarket2010Year20002019100k150k200k250k300k350k400k450kPrice in $86k474k

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

Neighborhood: Stone Oak Park

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000120014001600180020002200240026002800Rent in $8452889

* 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
Wilderness Oak Elementary School Primary Regular 719 45 10
Lopez Middle School Middle Regular 1,268 72 10
Reagan High School High Regular 3,096 158 9

Wilderness Oak Elementary School

  • Education Level: Primary
  • # of students: 719
  • # of teachers: 45
10
GreatSchools Rating

Lopez Middle School

  • Education Level: Middle
  • # of students: 1,268
  • # of teachers: 72
10
GreatSchools Rating

Reagan High School

  • Education Level: High
  • # of students: 3,096
  • # of teachers: 158
9
GreatSchools Rating
 

$247,500$302,500$275,000

PURCHASE PRICE

$1,881$2,299$2,090

RENT

DOWN PAYMENT
FINANCING

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-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,090
EXPENSES Loan Payment -$1,015
Property Tax -$614
Property Insurance -$159
HOA -$42
Property Management Fees -$99
CASH FLOW
$161

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 18% of earned rent to cover both maintenance and periods of vacancy.

$275,000

PROJECTED PRICE

$2,090

PROJECTED RENT

0.76%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.61%
Appreciation Year (1-5) 3.75%
Maintenance Year (1-5) 8.00%
Vacancy 9.70%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$78,625

INVESTMENT

$78,625

Down Payment
$68,750
Rehab Estimate
$5,750
Closing Costs
$4,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,015

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $68,750
Loan Amount $206,250
See What Happens When You Reinvest Cash Flow

4.33

YEARS SAVED

$13,104

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,090

    LIST RENT
  • $0.91

    LIST RENT PER SQFT
  • $2,203

    COMP ESTIMATED VALUE
  • $0.96

    COMP AVG. RENT PER SQFT
Comps Range
$1,995
1$1,9952$2,0503$2,0904$2,2005$2,400
$2,400
RENT COMPS ANALYSIS
  • 19927 Horizon Bluff San Antonio, 3
    • 4 beds 3 baths ∙ 2,295 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,295 Sqft ∙ Built 1999
    • Rent
    • Rent Per SQFT
    •  
    • $2,090
    • $0.91
    •  
  • 24503 Long Arrow San Antonio, 1
    • 4 beds 2 baths ∙ 2,268 Sqft ∙ Built 2000 4 beds 2 baths ∙ 2,268 Sqft ∙ Built 2000
    LEASED 07/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.88
    •  
  • 155 Da Vinci San Antonio, 2
    • 3 beds 2 baths ∙ 2,122 Sqft ∙ Built 2002 3 beds 2 baths ∙ 2,122 Sqft ∙ Built 2002
    LEASED 11/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,050
    • $0.97
    •  
  • 18938 Calle Cierra San Antonio, 4
    • 3 beds 2 baths ∙ 2,321 Sqft ∙ Built 1998 3 beds 2 baths ∙ 2,321 Sqft ∙ Built 1998
    LEASED 09/13/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.95
    •  
  • 1326 Stetson Green San Antonio, 5
    • 4 beds 3 baths ∙ 2,314 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,314 Sqft ∙ Built 2004
    LEASED 04/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $1.04
    •  
PROPERTY LISTING DETAILS
Kendra Joseph
1.210.452.5031
Fathom Realty Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1478234
Last Updated: 08/25/2020
BESbswy