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

306 English Saddle San Antonio, TX 78227

3 Beds 3 Baths 1,373 sqft Built 2004

$165,000

List Price

$1,260

$1.1K - $1.4K

Rent Est.

PROPERTY INFO

February 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $120.17
  • 3 Days on Market
  • MLS # : 1508240
  • Updated Date : 02/06/2021 at 23:32
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,373 sqft
  • Baths : 2 full , 1 half
Listing Agent

Premier Realty Group

Listing Agent's Description

Cute starter house! Roof replaced Dec 2020.. Interior has been recently painted. Downstairs offers a cozy living room and a spacious kitchen. All bedrooms are upstairs. Laundry room is conveniently located upstairs next to bedrooms... Check out the backyard - plenty of space to roam!!... This cute house offers plenty of natural sunlight...Conveniently located to major highways and Lackland AFB. Put your own personal touches on this house today...

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Valley High North

NeighborhoodNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $86k205k

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

Neighborhood: Valley High North

NeighborhoodNIR Market*CityMarket2010Year20002019 Q280090010001100120013001400Rent in $7041472

* 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
Valley Hi Elementary School Primary Regular 444 35 5
Rayburn Middle School Middle Regular 978 73 4
John Jay High School High Regular 2,929 182 3

Valley Hi Elementary School

  • Education Level: Primary
  • # of students: 444
  • # of teachers: 35
5
GreatSchools Rating

Rayburn Middle School

  • Education Level: Middle
  • # of students: 978
  • # of teachers: 73
4
GreatSchools Rating

John Jay High School

  • Education Level: High
  • # of students: 2,929
  • # of teachers: 182
3
GreatSchools Rating
 

$148,500$181,500$165,000

PURCHASE PRICE

$1,134$1,386$1,260

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,260
EXPENSES Loan Payment -$573
Property Tax -$368
Property Insurance -$106
HOA -$25
Property Management Fees -$99
CASH FLOW
$88

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.

$165,000

PROJECTED PRICE

$1,260

PROJECTED RENT

0.76%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 7.4%
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$100k$200k$300k$400k$500k

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$49,475

INVESTMENT

$49,475

Down Payment
$41,250
Rehab Estimate
$5,750
Closing Costs
$2,475

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$573

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $41,250
Loan Amount $123,750
See What Happens When You Reinvest Cash Flow

5.25

YEARS SAVED

$8,988

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,260

    LIST RENT
  • $0.92

    LIST RENT PER SQFT
  • $1,267

    COMP ESTIMATED VALUE
  • $0.92

    COMP AVG. RENT PER SQFT
Comps Range
$1,100
1$1,1002$1,2253$1,2604$1,2955$1,300
$1,300
RENT COMPS ANALYSIS
  • 306 English Saddle San Antonio, TX 3
    • 3 beds 3 baths ∙ 1,373 Sqft ∙ Built 2004 3 beds 3 baths ∙ 1,373 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $1,260
    • $0.92
    •  
  • 4002 Salty Marsh San Antonio, TX 1
    • 4 beds 2 baths ∙ 1,166 Sqft ∙ Built 2003 4 beds 2 baths ∙ 1,166 Sqft ∙ Built 2003
    LEASED 05/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,100
    • $0.94
    •  
  • 430 Bridle Ridge San Antonio, TX 2
    • 3 beds 3 baths ∙ 1,373 Sqft ∙ Built 2004 3 beds 3 baths ∙ 1,373 Sqft ∙ Built 2004
    LEASED 11/08/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,225
    • $0.89
    •  
  • 311 English Saddle San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,414 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,414 Sqft ∙ Built 2004
    LEASED 10/07/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.92
    •  
  • 403 Jockey San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,380 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,380 Sqft ∙ Built 2003
    LEASED 09/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.94
    •  
PROPERTY LISTING DETAILS
Jacki Williamson
1.210.872.7035
Premier Realty Group
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1508240
Last Updated: 02/06/2021
BESbswy