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

2013 Eagle Boulevard Fort Worth, TX 76052

4 Beds 3 Baths 3,045 sqft Built 2020

$399,900

List Price

$2,590

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

Built 2020 NEW CONSTRUCTION
November 05, 2020 RECENTLY ADDED
FACTS
  • Built In 2020
  • Price/Sqft : $131.33
  • 4 Days on Market
  • MLS # : 14466593
  • Updated Date : 11/05/2020 at 19:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,045 sqft
  • Baths : 3 full
Listing Agent

Key Trek-cc

Listing Agent's Description

FINAL OPPORTUNITIES IN WELLINGTON! Beautiful master-planned community built by K. Hovnanian Homes located in Haslet. Stunning two-story home with space for the entire family! Great room with cozy corner fireplace. Gourmet kitchen and bright dining area are perfect for family meals! Quartz counters, serving island and stainless GE® appliances are impressive. Serene owner’s suite with expansive closet and spa bath featuring an oversized shower and vanity. Entertaining gameroom for friendly competition and family enjoyment! Quiet home office is off foyer for study time. Smart home with built-in Alexa and more! Amenity center, pool, park, and trails will provide hours of enjoyment. $27,200 in upgrades included.

SEE MORE

MARKET HIGHLIGHTS

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

PRICE & RENT TRENDS

Zip Code: 76052

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320kPrice in $123k336k

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

Zip Code: 76052

ZipNIR Market*CityMarket2010Year20002019 Q21200130014001500160017001800190020002100Rent in $11262171

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

SCHOOLS

 
Sorry, we do not have sufficient school data for this neighborhood.
 

$359,910$439,890$399,900

PURCHASE PRICE

$2,331$2,849$2,590

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,590
EXPENSES Loan Payment -$1,475
Property Tax -$917
Property Insurance -$203
HOA -$52
Property Management Fees -$99
CASH FLOW
-$156

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 10% of earned rent to cover both maintenance and periods of vacancy.

$399,900

PROJECTED PRICE

$2,590

PROJECTED RENT

0.65%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 7.5%
Maintenance Year (1-5) 3.00%
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$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$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$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$107,974

INVESTMENT

$107,974

Down Payment
$99,975
Rehab Estimate
$2,000
Closing Costs
$5,999

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,475

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $99,975
Loan Amount $299,925
See What Happens When You Reinvest Cash Flow

2.42

YEARS SAVED

$8,948

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,590

    LIST RENT
  • $0.85

    LIST RENT PER SQFT
  • $2,578

    COMP ESTIMATED VALUE
  • $0.85

    COMP AVG. RENT PER SQFT
Comps Range
$1,895
1$1,8952$2,3003$2,5904$3,300
$3,300
RENT COMPS ANALYSIS
  • 2013 Eagle Boulevard Fort Worth, TX 3
    • 4 beds 3 baths ∙ 3,045 Sqft ∙ Built 2020 4 beds 3 baths ∙ 3,045 Sqft ∙ Built 2020
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,590
    • $0.85
    •  
  • 708 Devontree Court Fort Worth, TX 1
    • 4 beds 3 baths ∙ 2,709 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,709 Sqft ∙ Built 2004
    property image
    LEASED 10/28/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.70
    •  
  • 924 Basket Willow Terrace Fort Worth, TX 2
    • 4 beds 2 baths ∙ 2,740 Sqft ∙ Built 2018 4 beds 2 baths ∙ 2,740 Sqft ∙ Built 2018
    property image
    LEASED 08/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.84
    •  
  • 12768 Taylor Frances Lane Haslet, TX 4
    • 4 beds 3 baths ∙ 3,297 Sqft ∙ Built 2003 4 beds 3 baths ∙ 3,297 Sqft ∙ Built 2003
    property image
    LEASED 07/21/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $1.00
    •  
PROPERTY LISTING DETAILS
Teri Walter
Key Trek-cc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14466593
Last Updated: 11/05/2020
BESbswy