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

2032 Carlisle Drive Crowley, TX 76036

4 Beds 3 Baths 2,683 sqft Built 2020

$440,000

List Price

$1,790

$1.6K - $2K

Rent Est.

PROPERTY INFO

Built 2020 NEW CONSTRUCTION
December 02, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2020
  • Price/Sqft : $164.00
  • 5 Days on Market
  • MLS # : 14480136
  • Updated Date : 12/03/2020 at 11:56
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,683 sqft
  • Baths : 3 full
Listing Agent

Su Kaza Realty, Llc

Listing Agent's Description

Enjoy the quiet of the country with this immaculate new construction 4 bedroom, 3 bath house on a half acre. This stunning home features a 3 car garage, beautiful glass panel front door with an elegant front elevation. The living area has soaring vaulted ceilings with stone fireplace and an exposed beam. The large windows in the living area allow for a beautiful view of the huge back yard. The kitchen has quartz countertops, farm sink and custom wood cabinetry. Unwind in the large master suite with dual sinks, a soaking tub and separate dual shower heads. Master suite is equipped with a separate vanity area. Ceramic tile throughout. This spectacular floorplan and finishes will have you wanting to call it home!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • # 1 in the country for job growth in 2017 (2.6% growth, 91,700 new jobs) (US Census, Forbes, 2017)

PRICE & RENT TRENDS

Neighborhood: Mayfair South

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320kPrice in $123k336k

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

Neighborhood: Mayfair South

NeighborhoodNIR 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
S.h. Crowley Intermediate School Primary Regular 456 26 4
S.h. Crowley Intermediate School Middle Regular 456 26 4
Crowley High School High Regular 2,033 150 4

S.h. Crowley Intermediate School

  • Education Level: Primary
  • # of students: 456
  • # of teachers: 26
4
GreatSchools Rating

S.h. Crowley Intermediate School

  • Education Level: Middle
  • # of students: 456
  • # of teachers: 26
4
GreatSchools Rating

Crowley High School

  • Education Level: High
  • # of students: 2,033
  • # of teachers: 150
4
GreatSchools Rating
 

$396,000$484,000$440,000

PURCHASE PRICE

$1,611$1,969$1,790

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,790
EXPENSES Loan Payment -$1,623
Property Tax -$1,090
Property Insurance -$182
HOA -$17
Property Management Fees -$99
CASH FLOW
-$1,222

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.

$440,000

PROJECTED PRICE

$1,790

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 6.5%
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-$20k-$15k-$10k-$5.0k$0.0

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$118,600

INVESTMENT

$118,600

Down Payment
$110,000
Rehab Estimate
$2,000
Closing Costs
$6,600

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 100% down payment or higher enables the proceeds from the asset to cover all costs.

$1,623

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $110,000
Loan Amount $330,000
See What Happens When You Reinvest Cash Flow

-0.33

YEARS SAVED

$2,704

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,790

    LIST RENT
  • $0.67

    LIST RENT PER SQFT
  • $2,173

    COMP ESTIMATED VALUE
  • $0.81

    COMP AVG. RENT PER SQFT
Comps Range
$1,790
1$1,7902$1,945
$1,945
RENT COMPS ANALYSIS
  • 2032 Carlisle Drive Crowley, TX 1
    • 4 beds 3 baths ∙ 2,683 Sqft ∙ Built 2020 4 beds 3 baths ∙ 2,683 Sqft ∙ Built 2020
    • Rent
    • Rent Per SQFT
    •  
    • $1,790
    • $0.67
    •  
  • 439 Canoe Way Crowley, TX 2
    • 4 beds 3 baths ∙ 2,406 Sqft ∙ Built 2020 4 beds 3 baths ∙ 2,406 Sqft ∙ Built 2020
    LEASED 06/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,945
    • $0.81
    •  
PROPERTY LISTING DETAILS
Desirae Cruz
Su Kaza Realty, Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14480136
Last Updated: 12/03/2020
BESbswy