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 2016
- Price/Sqft : $146.88
- 4 Days on Market
- MLS # : 14479679
- Updated Date : 12/12/2020 at 20:03
CONSTRUCTION
- Beds : 4
- Floor Size : 2,035 sqft
- Baths : 2 full
Listing Agent
Allie Beth Allman & Assoc.
Listing Agent's Description
Located at the end of a quiet cul-de-sac, this beautiful one-story home features an ideal split bedroom floorplan. Attention to design details include a beamed entry hall, vaulted ceiling with beam in the living room, coffered ceiling in the primary bedroom & upgraded granite countertops. The open concept great room serves as the central gathering spot of the home with an eat-in kitchen with stainless steel appliances, bar seating & living area. The primary bedroom is large enough for a seating area & the bathroom includes dual sinks, separate shower and tub and walk-in closet with built ins. The covered patio & oversized backyard complete the home with plenty of room for playing and entertaining.
SEE MORE
- . 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)
- 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)
PRICE & RENT TRENDS
Zip Code: 76049
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 76049
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,980 |
| EXPENSES | Loan Payment | -$1,103 |
| Property Tax | -$405 | |
| Property Insurance | -$145 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$228
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.
$298,900
PROJECTED PRICE
$1,980
PROJECTED RENT
0.66%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.78% |
| Appreciation Year (1-5) | 5.8% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.39% |
| 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
$84,959
LOAN DETAILS
$1,103
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $74,725 |
| Loan Amount | $224,175 |
9.08
YEARS SAVED
$43,108
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,980
LIST RENT -
$0.97
LIST RENT PER SQFT
-
$1,974
COMP ESTIMATED VALUE -
$0.97
COMP AVG. RENT PER SQFT
Comps Range
-
3111 White Horse Court Granbury, TX 2
- 4 beds 2 baths ∙ 2,035 Sqft ∙ Built 2016 4 beds 2 baths ∙ 2,035 Sqft ∙ Built 2016
![property image]()
- Rent
- Rent Per SQFT
- $1,980
- $0.97
-
3107 White Horse Court Granbury, TX 1
- 4 beds 2 baths ∙ 1,931 Sqft ∙ Built 2016 4 beds 2 baths ∙ 1,931 Sqft ∙ Built 2016
![property image]()
LEASED 08/21/20- Rent
- Rent Per SQFT
- $1,749
- $0.91
-
3104 Main Street Granbury, TX 3
- 4 beds 2 baths ∙ 2,017 Sqft ∙ Built 2017 4 beds 2 baths ∙ 2,017 Sqft ∙ Built 2017
![property image]()
LEASED 01/17/20- Rent
- Rent Per SQFT
- $2,000
- $0.99
-
3110 Arrow Creek Court Granbury, TX 4
- 4 beds 2 baths ∙ 2,017 Sqft ∙ Built 2017 4 beds 2 baths ∙ 2,017 Sqft ∙ Built 2017
![property image]()
LEASED 01/13/20- Rent
- Rent Per SQFT
- $2,000
- $0.99
-
3102 Main Street Granbury, TX 5
- 4 beds 2 baths ∙ 2,017 Sqft ∙ Built 2017 4 beds 2 baths ∙ 2,017 Sqft ∙ Built 2017
![property image]()
LEASED 04/20/20- Rent
- Rent Per SQFT
- $2,000
- $0.99
PROPERTY LISTING DETAILS
Allie Beth Allman & Assoc.
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 14479679
Last Updated: 12/12/2020
