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
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1975
- Price/Sqft : $140.65
- 3 Days on Market
- MLS # : 1512684
- Updated Date : 03/06/2021 at 03:37
CONSTRUCTION
- Beds : 3
- Floor Size : 1,909 sqft
- Baths : 2 full
Listing Agent
Home Team Of America
Listing Agent's Description
Great home, great location, great price. This home features 2 living areas - 1 has a fireplace, 2 eating areas, large Florida room, spacious master retreat, and roomy secondary bedrooms and bath - all laid out with a great flow. You're sure to feel at home the moment you walk in. Greet your family and guest through the gated courtyard that is classic and provides that just-right amount of privacy while the back yard is where you'll love to entertain. While enjoying the large covered patio which has a gas connection for the grill, to having no back neighbors, you'll admire the privacy, large mature trees, landscaping done with great taste (sorry for the picts during winter) plus a custom shed. This home is move in ready with room for you to add your personal touches. And I'll have to say that the location is super -duper!... easy access to 281, 1604 and the airport and a straight shot to downtown. Shopping & eateries - all there within a few minutes destination. The neighborhood does not have cookie-cutter homes - all unique, well kept, and no HOA. Come view this home - we welcome your visit. (P.S. - The SimpliSafe system and fridge convey!)
SEE MORE
- 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)
- San Antonio metro economy is worth $130 billion in Gross Metro Product and projected to grow to $136 billion in 2019 (USMayors.org, 2018)
PRICE & RENT TRENDS
Neighborhood: Thousand Oaks
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Thousand Oaks
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,670 |
| EXPENSES | Loan Payment | -$933 |
| Property Tax | -$599 | |
| Property Insurance | -$137 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$98
|
||
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.
$268,500
PROJECTED PRICE
$1,670
PROJECTED RENT
0.62%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.41% |
| Appreciation Year (1-5) | 6.6% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 9.02% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$76,903
LOAN DETAILS
$933
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $67,125 |
| Loan Amount | $201,375 |
1.42
YEARS SAVED
$2,325
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,670
LIST RENT -
$0.87
LIST RENT PER SQFT
-
$1,689
COMP ESTIMATED VALUE -
$0.89
COMP AVG. RENT PER SQFT
Comps Range
-
2315 High Ledge St San Antonio, TX 3
- 3 beds 2 baths ∙ 1,909 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,909 Sqft ∙ Built 1975
![property image]()
- Rent
- Rent Per SQFT
- $1,670
- $0.87
-
2523 Turkey Oak St San Antonio, TX 1
- 4 beds 2 baths ∙ 1,808 Sqft ∙ Built 1977 4 beds 2 baths ∙ 1,808 Sqft ∙ Built 1977
![property image]()
LEASED 04/26/20- Rent
- Rent Per SQFT
- $1,575
- $0.87
-
2023 Windy Trail San Antonio, TX 2
- 3 beds 2 baths ∙ 1,861 Sqft ∙ Built 1974 3 beds 2 baths ∙ 1,861 Sqft ∙ Built 1974
![property image]()
LEASED 10/27/20- Rent
- Rent Per SQFT
- $1,625
- $0.87
-
1903 Archway Dr San Antonio, TX 4
- 3 beds 2 baths ∙ 1,970 Sqft ∙ Built 1974 3 beds 2 baths ∙ 1,970 Sqft ∙ Built 1974
![property image]()
LEASED 07/20/20- Rent
- Rent Per SQFT
- $1,745
- $0.89
-
16407 Gemstone San Antonio, TX 5
- 3 beds 2 baths ∙ 2,086 Sqft ∙ Built 1993 3 beds 2 baths ∙ 2,086 Sqft ∙ Built 1993
![property image]()
LEASED 09/06/19- Rent
- Rent Per SQFT
- $1,900
- $0.91
PROPERTY LISTING DETAILS
1.210.273.5233
Home Team Of America
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1512684
Last Updated: 03/06/2021
