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2810 Sueno Pt San Antonio, TX 78245

4 Beds 3 Baths 2,677 sqft Built 2017

$350,000

List Price

$2,250

$2K - $2.5K

Rent Est.

PROPERTY INFO

December 31, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $130.74
  • 4 Days on Market
  • MLS # : 1501719
  • Updated Date : 12/31/2020 at 19:53
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,677 sqft
  • Baths : 2 full , 1 half
Listing Agent

Kimberly Howell Properties

Listing Agent's Description

Built by Highland Homes~Over 1/4 Acre Backing up to Private Green Space with Amazing Views and the Fully-Irrigated, Manicured Yard is large enough for a Pool. Exterior is all Brick with Stone Accents & features Extensive Exterior Lighting & Soffit Outlets, Covered Patio is perfect for enjoying Great views. Gas drop at patio-Ready for BBQ set-up. 4 Bedrooms 2 1/2 Baths, Dining Room, Study, Den all in one story. Kitchen: Features Designer Granite, White Cabinets w/Under Cab lighting, features a Gleaming Stainless Steel Drop-in Gas Cook Top, Double Oven & Island Pendants. Separate Dining Room, Breakfast Nook & Island Seating Options. Flooring: Large, Open Floorplan, Tile throughout Living Spaces, w/Luxury Carpet & Padding in Bedrooms. Master Bath: Designer Granite at Double Vanity, Jetted Tub & Walk-in Shower. Garage Features Insulated Garage Doors & Tankless Water Heater! Specialty Wiring & Pre-Wiring for Media Options & Surround Sound Inside & Out. Gas Fireplace w/Ceramic "Logs" adds a touch of Seasonal Ambiance. Conveniently Located 15 Minutes from Lackland in a Gated Community. Perfectly Located in close proximity to Castroville.

SEE MORE

MARKET HIGHLIGHTS

  • San Antonio metro economy is worth $130 billion in Gross Metro Product and projected to grow to $136 billion in 2019 (USMayors.org, 2018)
  • 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)

PRICE & RENT TRENDS

Zip Code: 78245

ZipNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $86k205k

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

Zip Code: 78245

ZipNIR Market*CityMarket2010Year20002019 Q28008509009501000105011001150120012501300135014001450Rent in $7721472

* 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
Potranco Elementary School Primary Regular 807 44 8
Medina Valley Middle School Middle Regular 976 58 5
Medina Valley High School High Regular 1,159 67 6

Potranco Elementary School

  • Education Level: Primary
  • # of students: 807
  • # of teachers: 44
8
GreatSchools Rating

Medina Valley Middle School

  • Education Level: Middle
  • # of students: 976
  • # of teachers: 58
5
GreatSchools Rating

Medina Valley High School

  • Education Level: High
  • # of students: 1,159
  • # of teachers: 67
6
GreatSchools Rating
 

$315,000$385,000$350,000

PURCHASE PRICE

$2,025$2,475$2,250

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,250
EXPENSES Loan Payment -$1,291
Property Tax -$781
Property Insurance -$181
HOA -$54
Property Management Fees -$99
CASH FLOW
-$157

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.

$350,000

PROJECTED PRICE

$2,250

PROJECTED RENT

0.64%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 3.7%
Maintenance Year (1-5) 8.00%
Vacancy 9.02%
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-$5.0k$0.0$5.0k$10k

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$98,500

INVESTMENT

$98,500

Down Payment
$87,500
Rehab Estimate
$5,750
Closing Costs
$5,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,291

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $87,500
Loan Amount $262,500
See What Happens When You Reinvest Cash Flow

1.25

YEARS SAVED

$2,913

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,250

    LIST RENT
  • $0.84

    LIST RENT PER SQFT
  • $2,081

    COMP ESTIMATED VALUE
  • $0.78

    COMP AVG. RENT PER SQFT
Comps Range
$1,950
1$1,9502$2,1953$2,2504$2,2505$2,250
$2,250
RENT COMPS ANALYSIS
  • 2810 Sueno Pt San Antonio, TX 5
    • 4 beds 3 baths ∙ 2,677 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,677 Sqft ∙ Built 2017
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $0.84
    •  
  • 2427 Valencia Crest San Antonio, TX 1
    • 5 beds 3 baths ∙ 2,629 Sqft ∙ Built 2019 5 beds 3 baths ∙ 2,629 Sqft ∙ Built 2019
    property image
    LEASED 12/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.74
    •  
  • 2041 Oedipus Dr San Antonio, TX 2
    • 4 beds 3 baths ∙ 2,697 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,697 Sqft ∙ Built 2017
    property image
    LEASED 07/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,195
    • $0.81
    •  
  • 2910 Tortuga Verde San Antonio, TX 3
    • 4 beds 3 baths ∙ 2,884 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,884 Sqft ∙ Built 2016
    property image
    LEASED 05/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $0.78
    •  
  • 14708 Costa Leon San Antonio, TX 4
    • 4 beds 3 baths ∙ 2,873 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,873 Sqft ∙ Built 2016
    property image
    LEASED 07/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $0.78
    •  
PROPERTY LISTING DETAILS
Kathleen Shinn
1.210.831.0626
Kimberly Howell Properties
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1501719
Last Updated: 12/31/2020
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