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337 Capstone Xrd Liberty Hill, TX 78642

5 Beds 3 Baths 2,656 sqft Built 2020

INVESTimate

$293,561

List Price

$2,260

$2,034 - $2,486

Rent Est.

$305,450  ( +4.05%)   1 YR EST. FORECAST

PROPERTY INFO

Built 2020 NEW CONSTRUCTION
FACTS
  • Built In 2020
  • Price/Sqft : $110.53
  • 9 Days on Market
  • MLS # : 3387853
  • Updated Date : 08/22/2020 at 09:28
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,656 sqft
  • Baths : 3 full
Listing Agent

Taylor Morrison Realty Of Tx

Listing Agent's Description

MLS# 3387853 - Built by Taylor Morrison - January completion! ~ The Trinity blends elegance with downhome warmth. 5 bed and 3 baths make this 2-story an incredible family home. Walk through the door and you’re greeted by a foyer. A guest suite sits at the front, followed by a full bath and laundry. Just beyond the great room you’ll find the master suite with sunny windows. The center of Trinity holds the kitchen, dining and great room. The open kitchen with pantry features an island.

SEE MORE

MARKET HIGHLIGHTS

  • Austin metro has 70% labor force participation rate, one of the highest in the nation and higher than the national rate 62.8% (USMayors.org, 2018)
  • Austin ranks #7 in total venture capital deals flow with $1.84 billion venture funding flowing in to the metro in 2019, an increase of 19.5% from the previous year (Crunchbase News, 2020)
  • Austin metro contributes to 8.4% of Texas state economy i.e. Gross State Product (USMayors.org, 2018)
  • #1 in U.S. Cities attracting the most workers and a preferred destination for job movers (LinkedIn, August 2018; Glassdoor May 2018 )
  • Austin metro economy is worth over $153 billion in Gross Metro Product and projected to grow to $162 billion in 2019 (USMayors.org, 2018)
  • #2 in Top 10 cities for entrepreneurs and start-ups (Business.org, 2018)
  • #3 on Best Cities for Renters (Smart Asset, July 2018)
  • #1 in 125 Best Places to Live in the USA (U.S. News, 2019)
  • Austin metro employment growth is at 3.4% and predicted to grow at 2.9% in 2019 (USMayors.org, 2018)
  • Companies with headquarters and major regional presence in Austin: Dell, Whole Foods, Apple, AMD, IBM, Flextronics, Google, Facebook, National Instruments, and Freescale Semiconductor. Apple announced an investment of $1 billion in a new 133-acre campus in Austin accommodating an additional 5,000 employees.

PRICE & RENT TRENDS

Zip Code: 78642

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300kPrice in $116k318k

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

Zip Code: 78642

ZipNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900Rent in $9371926

* 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
Bill Burden Elementary School Primary Regular 674 47 7
Liberty Hill Junior High School Middle Regular 501 34 8
Liberty Hill High School High Regular 1,015 63 6

Bill Burden Elementary School

  • Education Level: Primary
  • # of students: 674
  • # of teachers: 47
7
GreatSchools Rating

Liberty Hill Junior High School

  • Education Level: Middle
  • # of students: 501
  • # of teachers: 34
8
GreatSchools Rating

Liberty Hill High School

  • Education Level: High
  • # of students: 1,015
  • # of teachers: 63
6
GreatSchools Rating
 

$264,205$322,917$293,561

PURCHASE PRICE

$2,034$2,486$2,260

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,260
EXPENSES Loan Payment -$1,083
Property Tax -$568
Property Insurance -$176
HOA -$33
Property Management Fees -$181
CASH FLOW
$219

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 10% of earned rent to cover both maintenance and periods of vacancy.

$293,561

PROJECTED PRICE

$2,260

PROJECTED RENT

0.77%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.75%
Appreciation Year (1-5) 4.05%
Maintenance Year (1-5) 3.00%
Vacancy 6.72%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$79,794

INVESTMENT

$79,794

Down Payment
$73,390
Rehab Estimate
$2,000
Closing Costs
$4,403

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$1,083

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $73,390
Loan Amount $220,171
See What Happens When You Reinvest Cash Flow

8.42

YEARS SAVED

$41,020

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,260

    LIST RENT
  • $0.85

    LIST RENT PER SQFT
  • $2,238

    COMP ESTIMATED VALUE
  • $0.84

    COMP AVG. RENT PER SQFT
Comps Range
$1,995
1$1,9952$2,2003$2,2604$2,4955$2,550
$2,550
RENT COMPS ANALYSIS
  • 337 Capstone Xrd Liberty Hill, 3
    • 5 beds 3 baths ∙ 2,656 Sqft ∙ Built 2020 5 beds 3 baths ∙ 2,656 Sqft ∙ Built 2020
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,260
    • $0.85
    •  
  • 171 Limonite Ln Liberty Hill, 1
    • 5 beds 3 baths ∙ 2,756 Sqft ∙ Built 2019 5 beds 3 baths ∙ 2,756 Sqft ∙ Built 2019
    property image
    LEASED 03/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.72
    •  
  • 360 Quarry Ln Liberty Hill, 2
    • 4 beds 3 baths ∙ 2,577 Sqft ∙ Built 2014 4 beds 3 baths ∙ 2,577 Sqft ∙ Built 2014
    property image
    LEASED 03/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.85
    •  
  • 113 Limonite Ln Liberty Hill, 4
    • 5 beds 3 baths ∙ 2,756 Sqft ∙ Built 2019 5 beds 3 baths ∙ 2,756 Sqft ∙ Built 2019
    property image
    LEASED 06/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,495
    • $0.91
    •  
  • 83 Prospector Ln Liberty Hill, 5
    • 5 beds 3 baths ∙ 2,854 Sqft ∙ Built 2018 5 beds 3 baths ∙ 2,854 Sqft ∙ Built 2018
    property image
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,550
    • $0.89
    •  
PROPERTY LISTING DETAILS
Ben Caballero
1.512.549.6838
Taylor Morrison Realty Of Tx
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
Austin/Central Texas Realty Information Services ( ACTRIS)
MLS #: 3387853
Last Updated: 08/22/2020
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