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3511 Pavillion Cir San Antonio, TX 78217

4 Beds 3 Baths 1,528 sqft Built 1985

$215,000

List Price

$1,550

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

January 02, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1985
  • Price/Sqft : $140.71
  • 3 Days on Market
  • MLS # : 1501843
  • Updated Date : 01/02/2021 at 02:48
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,528 sqft
  • Baths : 2 full , 1 half
Listing Agent

Dwell Real Estate Group

Listing Agent's Description

Great home at a great price! Come take a look at this wonderful home in a gated community in Northeast ISD. Home features 4 bedrooms and 2.5 baths, covered patio and placed in a quiet culdesac.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • The metro contributes to 7.2 percent of Texas state economy i.e. Gross State Product (USMayors.org, 2018)

PRICE & RENT TRENDS

Neighborhood: Towne Lake

NeighborhoodNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200k210kPrice in $86k213k

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

Neighborhood: Towne Lake

NeighborhoodNIR Market*CityMarket2010Year20002019 Q285090095010001050110011501200125013001350140014501500Rent in $8451546

* 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
Oak Grove Elementary School Primary Regular 440 32 3
Garner Middle School Middle Regular 992 69 6
Macarthur High School High Regular 2,544 153 6

Oak Grove Elementary School

  • Education Level: Primary
  • # of students: 440
  • # of teachers: 32
3
GreatSchools Rating

Garner Middle School

  • Education Level: Middle
  • # of students: 992
  • # of teachers: 69
6
GreatSchools Rating

Macarthur High School

  • Education Level: High
  • # of students: 2,544
  • # of teachers: 153
6
GreatSchools Rating
 

$193,500$236,500$215,000

PURCHASE PRICE

$1,395$1,705$1,550

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,550
EXPENSES Loan Payment -$793
Property Tax -$480
Property Insurance -$115
HOA -$47
Property Management Fees -$99
CASH FLOW
$16

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.

$215,000

PROJECTED PRICE

$1,550

PROJECTED RENT

0.72%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 5.4%
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$600k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$62,725

INVESTMENT

$62,725

Down Payment
$53,750
Rehab Estimate
$5,750
Closing Costs
$3,225

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$793

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $53,750
Loan Amount $161,250
See What Happens When You Reinvest Cash Flow

3.25

YEARS SAVED

$6,804

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,550

    LIST RENT
  • $1.01

    LIST RENT PER SQFT
  • $1,601

    COMP ESTIMATED VALUE
  • $1.05

    COMP AVG. RENT PER SQFT
Comps Range
$1,550
1$1,5502$1,5953$1,6954$1,7505$1,750
$1,750
RENT COMPS ANALYSIS
  • 3511 Pavillion Cir San Antonio, TX 1
    • 4 beds 3 baths ∙ 1,528 Sqft ∙ Built 1985 4 beds 3 baths ∙ 1,528 Sqft ∙ Built 1985
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $1.01
    •  
  • 2907 Briarcroft St San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,602 Sqft ∙ Built 1969 3 beds 2 baths ∙ 1,602 Sqft ∙ Built 1969
    property image
    LEASED 12/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $1.00
    •  
  • 9718 Titan Dr San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,599 Sqft ∙ Built 1968 3 beds 2 baths ∙ 1,599 Sqft ∙ Built 1968
    property image
    LEASED 07/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $1.06
    •  
  • 10930 Lake Path Dr San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,755 Sqft ∙ Built 1987 3 beds 2 baths ∙ 1,755 Sqft ∙ Built 1987
    property image
    LEASED 11/18/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $1.00
    •  
  • 10747 Lake Path Dr San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,552 Sqft ∙ Built 1985 3 beds 2 baths ∙ 1,552 Sqft ∙ Built 1985
    property image
    LEASED 09/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $1.13
    •  
PROPERTY LISTING DETAILS
Erica Navarro
1.210.307.0779
Dwell Real Estate Group
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1501843
Last Updated: 01/02/2021
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