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3436 Sedaila Ranch Road Fort Worth, TX 76262

3 Beds 2 Baths 1,656 sqft Built 2003

$245,000

List Price

$1,660

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 27, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2003
  • Price/Sqft : $147.95
  • 5 Days on Market
  • MLS # : 14523308
  • Updated Date : 03/01/2021 at 09:04
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,656 sqft
  • Baths : 2 full
Listing Agent

Sterling Realty Co

Listing Agent's Description

Attractively updated! The open floor plan feels modern and bright! Recent beautiful vinyl plank flooring throughout much of home and full interior & exterior paint with modern Sherwin-Williams colors; Energy-efficient heat pump helps minimize electric bills. New garage door opener. Upscale enhancements include wainscoting, chair railing, crown moulding and built-in living room speaker wiring. Chefs are pampered in the spacious kitchen with granite tile countertops and eat-in island. New kitchen sink & faucet. Master bedroom has large walk-in closet with custom organizing system. Spend your evenings relaxing in the comfort of the screened-in patio! Easy walk to Hughes Elem. Don't miss this beautiful opportunity!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • . 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)

PRICE & RENT TRENDS

Neighborhood: Lost Creek Ranch North

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340kPrice in $123k350k

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

Neighborhood: Lost Creek Ranch North

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21200140016001800200022002400Rent in $10032579

* 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
J. Lyndal Hughes Elementary School Primary Regular 547 35 5
John M. Tidwell Middle School Middle Regular 1,048 65 8
Byron Nelson High School High Unknown NA

J. Lyndal Hughes Elementary School

  • Education Level: Primary
  • # of students: 547
  • # of teachers: 35
5
GreatSchools Rating

John M. Tidwell Middle School

  • Education Level: Middle
  • # of students: 1,048
  • # of teachers: 65
8
GreatSchools Rating

Byron Nelson High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$220,500$269,500$245,000

PURCHASE PRICE

$1,494$1,826$1,660

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,660
EXPENSES Loan Payment -$851
Property Tax -$562
Property Insurance -$123
Property Management Fees -$99
CASH FLOW
$26

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.

$245,000

PROJECTED PRICE

$1,660

PROJECTED RENT

0.68%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 8.5%
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$100k$200k$300k$400k$500k$600k$700k$800k

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$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$70,675

INVESTMENT

$70,675

Down Payment
$61,250
Rehab Estimate
$5,750
Closing Costs
$3,675

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$851

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $61,250
Loan Amount $183,750
See What Happens When You Reinvest Cash Flow

4.83

YEARS SAVED

$12,090

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,660

    LIST RENT
  • $1

    LIST RENT PER SQFT
  • $1,664

    COMP ESTIMATED VALUE
  • $1.01

    COMP AVG. RENT PER SQFT
Comps Range
$1,550
1$1,5502$1,6603$1,6754$1,6955$1,700
$1,700
RENT COMPS ANALYSIS
  • 3436 Sedaila Ranch Road Fort Worth, TX 2
    • 3 beds 2 baths ∙ 1,656 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,656 Sqft ∙ Built 2003
    • Rent
    • Rent Per SQFT
    •  
    • $1,660
    • $1.00
    •  
  • 3416 Sedaila Ranch Drive Fort Worth, TX 1
    • 3 beds 2 baths ∙ 1,634 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,634 Sqft ∙ Built 2003
    LEASED 05/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.95
    •  
  • 3441 Desert Mesa Road Fort Worth, TX 3
    • 3 beds 2 baths ∙ 1,634 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,634 Sqft ∙ Built 2002
    LEASED 08/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,675
    • $1.03
    •  
  • 3413 Sedaila Ranch Road Fort Worth, TX 4
    • 3 beds 2 baths ∙ 1,682 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,682 Sqft ∙ Built 2003
    LEASED 02/09/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $1.01
    •  
  • 13750 High Mesa Road Fort Worth, TX 5
    • 3 beds 2 baths ∙ 1,652 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,652 Sqft ∙ Built 2003
    LEASED 03/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $1.03
    •  
PROPERTY LISTING DETAILS
Philip Sterling
Sterling Realty Co
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14523308
Last Updated: 03/01/2021
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