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

2745 Crystal Glenn Circle Hurst, TX 76054

3 Beds 3 Baths 2,033 sqft Built 1995

$389,900

List Price

$1,930

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 14, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1995
  • Price/Sqft : $191.79
  • 2 Days on Market
  • MLS # : 14532423
  • Updated Date : 03/13/2021 at 01:00
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,033 sqft
  • Baths : 2 full , 1 half
Listing Agent

Top Hat Realty Group, Lp

Listing Agent's Description

This home is stunning! Tons of renovations done over the last 6 months. New A-C, ext & int paint, flooring, lighting, seamless shower, granite, stainless steel appliances & so much more! Too many to mention. But looks like a NEW home & the renovations are all high end! About the only thing we didn't change were the tubs & cabinets, but cabinets are all re-stained & gorgeous! This is a rare opportunity to purchase in a subdivision where it is rare that a home ever comes on the market. Great location. close to DFW airport, shopping, banking, in between Dallas & Ft Worth, entertainment etc. Great floorplan & the gameroom up could be another living area, hobby or study or easy to change to a 4th bedroom.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Crystal Glenn

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $113k336k

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

Neighborhood: Crystal Glenn

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100011001200130014001500160017001800190020002100Rent in $9852171

* 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
W. A. Porter Elementary School Primary Regular 480 35 9
Smithfield Middle School Middle Regular 818 49 10
Birdville High School High Regular 2,083 125 7

W. A. Porter Elementary School

  • Education Level: Primary
  • # of students: 480
  • # of teachers: 35
9
GreatSchools Rating

Smithfield Middle School

  • Education Level: Middle
  • # of students: 818
  • # of teachers: 49
10
GreatSchools Rating

Birdville High School

  • Education Level: High
  • # of students: 2,083
  • # of teachers: 125
7
GreatSchools Rating
 

$350,910$428,890$389,900

PURCHASE PRICE

$1,737$2,123$1,930

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,930
EXPENSES Loan Payment -$1,354
Property Tax -$795
Property Insurance -$145
Property Management Fees -$99
CASH FLOW
-$463

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.

$389,900

PROJECTED PRICE

$1,930

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 8.6%
Maintenance Year (1-5) 8.00%
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-$10k-$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$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$109,074

INVESTMENT

$109,074

Down Payment
$97,475
Rehab Estimate
$5,750
Closing Costs
$5,849

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,354

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $97,475
Loan Amount $292,425
See What Happens When You Reinvest Cash Flow

0.25

YEARS SAVED

$144

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,930

    LIST RENT
  • $0.95

    LIST RENT PER SQFT
  • $2,028

    COMP ESTIMATED VALUE
  • $1

    COMP AVG. RENT PER SQFT
Comps Range
$1,800
1$1,8002$1,8953$1,9304$2,0005$2,250
$2,250
RENT COMPS ANALYSIS
  • 2745 Crystal Glenn Circle Hurst, TX 3
    • 3 beds 3 baths ∙ 2,033 Sqft ∙ Built 1995 3 beds 3 baths ∙ 2,033 Sqft ∙ Built 1995
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,930
    • $0.95
    •  
  • 404 Heather Lane Hurst, TX 1
    • 3 beds 2 baths ∙ 1,859 Sqft ∙ Built 1976 3 beds 2 baths ∙ 1,859 Sqft ∙ Built 1976
    property image
    LEASED 04/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.97
    •  
  • 736 Springhill Drive Hurst, TX 2
    • 4 beds 2 baths ∙ 2,023 Sqft ∙ Built 1977 4 beds 2 baths ∙ 2,023 Sqft ∙ Built 1977
    property image
    LEASED 07/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.94
    •  
  • 6705 Brazos Bend Drive North Richland Hills, TX 4
    • 3 beds 2 baths ∙ 1,974 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,974 Sqft ∙ Built 1979
    property image
    LEASED 11/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $1.01
    •  
  • 333 Montreal Drive Hurst, TX 5
    • 3 beds 2 baths ∙ 2,099 Sqft ∙ Built 1997 3 beds 2 baths ∙ 2,099 Sqft ∙ Built 1997
    property image
    LEASED 11/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $1.07
    •  
PROPERTY LISTING DETAILS
Susan Thomason
Top Hat Realty Group, Lp
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14532423
Last Updated: 03/13/2021
BESbswy