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

3410 Green Tree Drive Sachse, TX 75048

4 Beds 4 Baths 3,552 sqft Built 2014

$459,900

List Price

$2,600

$2.4K - $2.9K

Rent Est.

PROPERTY INFO

November 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2014
  • Price/Sqft : $129.48
  • 3 Days on Market
  • MLS # : 14465500
  • Updated Date : 11/14/2020 at 10:38
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,552 sqft
  • Baths : 3 full , 1 half
Listing Agent

The Davis Real Estate Group, Llc

Listing Agent's Description

Fantastic opportunity to own this gorgeous Highland home+POOL in Woodbridge West feeding into excellent Whitt Elem (Wylie ISD). Lovely curb appeal, tons upgrades+popular floor plan. Stunning entrance w high ceilings & hand scraped hardwoods. Private office+spacious living room w vaulted ceiling & gorgeous stone fireplace. Modern open kitchen w oversized island, granite counters, tons of cabinet space+gas cook top! Perfect master w vaulted ceilings, updated bath w oversized shower! 2nd living & media room upstairs. Entertainer's DREAM backyard w large covered patio overlooking AMAZING pool built in '17. Plenty of yard space for trampoline & more PLUS electric gate too! Very rare backyard+3 Car Garage. Hurry!

SEE MORE

MARKET HIGHLIGHTS

  • . 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

Neighborhood: Woodbridge

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $123k344k

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

Neighborhood: Woodbridge

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21200130014001500160017001800190020002100Rent in $11262171

* 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
Don Whitt Elementary School Primary Regular 568 36 10
Raymond B. Cooper Junior High School Middle Regular 748 44 10
Raymond B. Cooper Junior High School High Regular 748 44 10

Don Whitt Elementary School

  • Education Level: Primary
  • # of students: 568
  • # of teachers: 36
10
GreatSchools Rating

Raymond B. Cooper Junior High School

  • Education Level: Middle
  • # of students: 748
  • # of teachers: 44
10
GreatSchools Rating

Raymond B. Cooper Junior High School

  • Education Level: High
  • # of students: 748
  • # of teachers: 44
10
GreatSchools Rating
 

$413,910$505,890$459,900

PURCHASE PRICE

$2,340$2,860$2,600

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,600
EXPENSES Loan Payment -$1,697
Property Tax -$964
Property Insurance -$232
HOA -$41
Property Management Fees -$99
CASH FLOW
-$433

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.

$459,900

PROJECTED PRICE

$2,600

PROJECTED RENT

0.57%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 6.4%
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$1.4M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$127,624

INVESTMENT

$127,624

Down Payment
$114,975
Rehab Estimate
$5,750
Closing Costs
$6,899

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$1,697

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $114,975
Loan Amount $344,925
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$1,450

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,600

    LIST RENT
  • $0.73

    LIST RENT PER SQFT
  • $2,655

    COMP ESTIMATED VALUE
  • $0.75

    COMP AVG. RENT PER SQFT
Comps Range
$2,495
1$2,4952$2,6003$2,7004$2,9005$2,900
$2,900
RENT COMPS ANALYSIS
  • 3410 Green Tree Drive Sachse, TX 2
    • 4 beds 4 baths ∙ 3,552 Sqft ∙ Built 2014 4 beds 4 baths ∙ 3,552 Sqft ∙ Built 2014
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $0.73
    •  
  • 2413 Quail Hollow Drive Sachse, TX 1
    • 5 beds 4 baths ∙ 3,522 Sqft ∙ Built 2004 5 beds 4 baths ∙ 3,522 Sqft ∙ Built 2004
    property image
    LEASED 11/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,495
    • $0.71
    •  
  • 3216 Leameadow Drive Sachse, TX 3
    • 4 beds 4 baths ∙ 3,829 Sqft ∙ Built 2015 4 beds 4 baths ∙ 3,829 Sqft ∙ Built 2015
    property image
    LEASED 08/29/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $0.71
    •  
  • 2510 Sandi Lane Sachse, TX 4
    • 5 beds 4 baths ∙ 3,830 Sqft ∙ Built 2006 5 beds 4 baths ∙ 3,830 Sqft ∙ Built 2006
    property image
    LEASED 04/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $0.76
    •  
  • 7823 Meadow Glen Drive Sachse, TX 5
    • 5 beds 4 baths ∙ 3,575 Sqft ∙ Built 2006 5 beds 4 baths ∙ 3,575 Sqft ∙ Built 2006
    property image
    LEASED 06/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $0.81
    •  
PROPERTY LISTING DETAILS
Ellen Davis
The Davis Real Estate Group, Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14465500
Last Updated: 11/14/2020
BESbswy