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

365 Sandy Creek Drive Sunnyvale, TX 75182

5 Beds 5 Baths 4,495 sqft Built 2014

$600,000

List Price

$3,550

$3.3K - $3.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 25, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2014
  • Price/Sqft : $133.48
  • 4 Days on Market
  • MLS # : 14521721
  • Updated Date : 02/27/2021 at 09:19
CONSTRUCTION
  • Beds : 5
  • Floor Size : 4,495 sqft
  • Baths : 4 full , 1 half
Listing Agent

Epps Realty, Llc

Listing Agent's Description

If PERFECTION is what you are looking for, THIS IS IT! Situated on an almost half acre lot, this Westfield plan offers 5 bedrooms, 4.5 baths, large game & media room, a 4 car garage...And a STUNNING RESORT INSPIRED BACKYARD complete with hot tub, grotto, waterfall, and fire pit! The spacious master suite features a sitting area, granite counters, soaking tub, sep shower, & large WIC that has direct access to the laundry room. The study offers a wall of custom built in bookcases and 2 work spaces. Entertaining is easy with the open floorplan, large dining, kitchen with SS double ovens, gas cooktop, and large island to gather around. Outdoors is completed with an electric gate & yard space for your favorite game!

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: Sunnyvale

ZipNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $123k474k

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

Neighborhood: Sunnyvale

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21200140016001800200022002400260028003000Rent in $11263194

* 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
Sunnyvale Elementary School Primary Regular 596 34 8
Sunnyvale High School High Regular 442 34 7

Sunnyvale Elementary School

  • Education Level: Primary
  • # of students: 596
  • # of teachers: 34
8
GreatSchools Rating

Sunnyvale High School

  • Education Level: High
  • # of students: 442
  • # of teachers: 34
7
GreatSchools Rating
 

$540,000$660,000$600,000

PURCHASE PRICE

$3,195$3,905$3,550

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,550
EXPENSES Loan Payment -$2,084
Property Tax -$1,295
Property Insurance -$287
HOA -$79
Property Management Fees -$99
CASH FLOW
-$294

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.

$600,000

PROJECTED PRICE

$3,550

PROJECTED RENT

0.59%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 5.0%
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$1.6M

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$164,750

INVESTMENT

$164,750

Down Payment
$150,000
Rehab Estimate
$5,750
Closing Costs
$9,000

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$2,084

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $150,000
Loan Amount $450,000
See What Happens When You Reinvest Cash Flow

1.67

YEARS SAVED

$7,277

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,550

    LIST RENT
  • $0.79

    LIST RENT PER SQFT
  • $3,776

    COMP ESTIMATED VALUE
  • $0.84

    COMP AVG. RENT PER SQFT
Comps Range
$3,550
1$3,5502$3,775
$3,775
RENT COMPS ANALYSIS
  • 365 Sandy Creek Drive Sunnyvale, TX 1
    • 5 beds 5 baths ∙ 4,495 Sqft ∙ Built 2014 5 beds 5 baths ∙ 4,495 Sqft ∙ Built 2014
    • Rent
    • Rent Per SQFT
    •  
    • $3,550
    • $0.79
    •  
  • 304 Highpoint Sunnyvale, TX 2
    • 4 beds 4 baths ∙ 4,489 Sqft ∙ Built 2007 4 beds 4 baths ∙ 4,489 Sqft ∙ Built 2007
    LEASED 09/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,775
    • $0.84
    •  
PROPERTY LISTING DETAILS
Sara Cullen
Epps Realty, Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14521721
Last Updated: 02/27/2021
BESbswy