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20333 Harrier Flight Trail Pflugerville, TX 78660

4 Beds 2 Baths 1,936 sqft Built 2012

$300,000

List Price

$1,810

$1.6K - $2K

Rent Est.

PROPERTY INFO

January 29, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2012
  • Price/Sqft : $154.96
  • 4 Days on Market
  • MLS # : 1286431
  • Updated Date : 01/30/2021 at 19:27
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,936 sqft
  • Baths : 2 full
Listing Agent

Re/max Capital City

Listing Agent's Description

Welcome Home! What a perfect floorplan. 4 bedrooms plus a home office. Large owner’s suite with a spacious walk in closet en suite bathroom which features a separate tub and shower as well as a double vanity. This home offers an open floor plan with a separate dining room and breakfast bar seating. New roof in Sept. 2020. Fresh interior paint Jan. 2021. This home is located across from an 8 acre pond for fishing and has beautiful greenbelt views. No Front Neighbors! Enjoy the sunset from the covered front porch or retreat to the backyard for a private evening under the covered patio. Take advantage of the neighborhood's walking trails, multi-lane lap pool, and hike and bike trails. This home is just minutes away from the Stone Hill Town Center, located at 45 and 130, which offers a variety of shops, restaurants, and a movie theater. Close to major highways for easy access to Austin and surrounding area.

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

Zip Code: 78660

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280kPrice in $116k298k

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

Zip Code: 78660

ZipNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700Rent in $9371780

* 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
Cele Middle School Middle Unknown 765 50 NA
Cele Middle School Middle Unknown NA

Cele Middle School

  • Education Level: Middle
  • # of students: 765
  • # of teachers: 50
NA
GreatSchools Rating

Cele Middle School

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

$270,000$330,000$300,000

PURCHASE PRICE

$1,629$1,991$1,810

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,810
EXPENSES Loan Payment -$1,042
Property Tax -$787
Property Insurance -$136
HOA -$40
Property Management Fees -$99
CASH FLOW
-$294

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.

$300,000

PROJECTED PRICE

$1,810

PROJECTED RENT

0.60%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.75%
Appreciation Year (1-5) 7.1%
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$200k$400k$600k$800k

PROJECTED ANNUAL CASH FLOW

11530-$8.0k-$6.0k-$4.0k-$2.0k$0.0$2.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$85,250

INVESTMENT

$85,250

Down Payment
$75,000
Rehab Estimate
$5,750
Closing Costs
$4,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,042

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $75,000
Loan Amount $225,000
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$280

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,810

    LIST RENT
  • $0.93

    LIST RENT PER SQFT
  • $1,902

    COMP ESTIMATED VALUE
  • $0.98

    COMP AVG. RENT PER SQFT
Comps Range
$1,800
1$1,8002$1,8103$1,8494$1,8505$1,895
$1,895
RENT COMPS ANALYSIS
  • 20333 Harrier Flight Trail Pflugerville, TX 2
    • 4 beds 2 baths ∙ 1,936 Sqft ∙ Built 2012 4 beds 2 baths ∙ 1,936 Sqft ∙ Built 2012
    • Rent
    • Rent Per SQFT
    •  
    • $1,810
    • $0.93
    •  
  • 20312 Stanley Robin Pflugerville, TX 1
    • 4 beds 2 baths ∙ 1,762 Sqft ∙ Built 2012 4 beds 2 baths ∙ 1,762 Sqft ∙ Built 2012
    LEASED 05/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $1.02
    •  
  • 20321 Harrier Flight Trail Pflugerville, TX 3
    • 3 beds 2 baths ∙ 1,918 Sqft ∙ Built 2012 3 beds 2 baths ∙ 1,918 Sqft ∙ Built 2012
    LEASED 12/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,849
    • $0.96
    •  
  • 20201 Merlin Falcon Trl Pflugerville, TX 4
    • 3 beds 2 baths ∙ 1,915 Sqft ∙ Built 2008 3 beds 2 baths ∙ 1,915 Sqft ∙ Built 2008
    LEASED 08/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.97
    •  
  • 3716 Heron Roost Pass Pflugerville, TX 5
    • 4 beds 2 baths ∙ 1,936 Sqft ∙ Built 2008 4 beds 2 baths ∙ 1,936 Sqft ∙ Built 2008
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.98
    •  
PROPERTY LISTING DETAILS
Sherry Hindmarsh
1.512.731.8316
Re/max Capital City
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
Austin/Central Texas Realty Information Services ( ACTRIS)
MLS #: 1286431
Last Updated: 01/30/2021
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