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4125 Silver Spur Court Aubrey, TX 76227

4 Beds 4 Baths 2,721 sqft Built 2020

$419,638

List Price

$2,440

$2.2K - $2.7K

Rent Est.

PROPERTY INFO

Built 2020 NEW CONSTRUCTION
SINGLE-FAMILY
February 23, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2020
  • Price/Sqft : $154.22
  • 6 Days on Market
  • MLS # : 14521099
  • Updated Date : 02/23/2021 at 18:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,721 sqft
  • Baths : 3 full , 1 half
Listing Agent

David M. Weekley

Listing Agent's Description

NEW DAVID WEEKLEY HOME in the GORGEOUS Sandbrock Ranch Community. This stunning 2 story home with soaring ceilings, fireplace & gourmet kitchen are sure to impress. Designer colors, huge backyard with covered patio, large master & owners retreat featuring shower with separate tub boasting beautiful tile selections & over sized walk in closet. Separate bathrooms up for the over sized bedrooms & retreat bring true functionally to great architecture. Bright study with French doors at front of home, private powder bath, storage closets, large pantry, designer lighting and so much more! 2x6 wall construction, tankless water heaters, 16 SEER all included in your NEW DAVID WEEKLEY HOME!

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

Zip Code: 76227

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $117k336k

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

Zip Code: 76227

ZipNIR 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
Savannah Elementary School Primary Regular 640 42 6
Navo Middle School Middle Regular 1,077 65 7
Denton High School High Regular 2,166 140 6

Savannah Elementary School

  • Education Level: Primary
  • # of students: 640
  • # of teachers: 42
6
GreatSchools Rating

Navo Middle School

  • Education Level: Middle
  • # of students: 1,077
  • # of teachers: 65
7
GreatSchools Rating

Denton High School

  • Education Level: High
  • # of students: 2,166
  • # of teachers: 140
6
GreatSchools Rating
 

$377,674$461,602$419,638

PURCHASE PRICE

$2,196$2,684$2,440

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,440
EXPENSES Loan Payment -$1,458
Property Tax -$897
Property Insurance -$184
HOA -$65
Property Management Fees -$99
CASH FLOW
-$263

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.

$419,638

PROJECTED PRICE

$2,440

PROJECTED RENT

0.58%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 7.6%
Maintenance Year (1-5) 3.00%
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

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$4.0k-$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$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$113,204

INVESTMENT

$113,204

Down Payment
$104,910
Rehab Estimate
$2,000
Closing Costs
$6,295

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,458

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $104,910
Loan Amount $314,729
See What Happens When You Reinvest Cash Flow

1.42

YEARS SAVED

$3,337

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,440

    LIST RENT
  • $0.9

    LIST RENT PER SQFT
  • $2,428

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$2,095
1$2,0952$2,3003$2,3004$2,4405$2,450
$2,450
RENT COMPS ANALYSIS
  • 4125 Silver Spur Court Aubrey, TX 4
    • 4 beds 3 baths ∙ 2,721 Sqft ∙ Built 2020 4 beds 3 baths ∙ 2,721 Sqft ∙ Built 2020
    • Rent
    • Rent Per SQFT
    •  
    • $2,440
    • $0.90
    •  
  • 4713 London Avenue Aubrey, TX 1
    • 3 beds 3 baths ∙ 2,429 Sqft ∙ Built 2019 3 beds 3 baths ∙ 2,429 Sqft ∙ Built 2019
    LEASED 02/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,095
    • $0.86
    •  
  • 6028 Liverpool Street Celina, TX 2
    • 3 beds 2 baths ∙ 2,598 Sqft ∙ Built 2020 3 beds 2 baths ∙ 2,598 Sqft ∙ Built 2020
    LEASED 08/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.89
    •  
  • 4512 Westminster Avenue Celina, TX 3
    • 4 beds 4 baths ∙ 2,627 Sqft ∙ Built 2020 4 beds 4 baths ∙ 2,627 Sqft ∙ Built 2020
    LEASED 09/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.88
    •  
  • 4523 Westminster Avenue Celina, TX 5
    • 4 beds 4 baths ∙ 2,602 Sqft ∙ Built 2020 4 beds 4 baths ∙ 2,602 Sqft ∙ Built 2020
    LEASED 11/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,450
    • $0.94
    •  
PROPERTY LISTING DETAILS
Jimmy Rado
David M. Weekley
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14521099
Last Updated: 02/23/2021
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