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

4127 S Webber Drive Pearland, TX 77584

5 Beds 3 Baths 2,897 sqft Built 1997

$299,999

List Price

$2,200

$2K - $2.4K

Rent Est.

PROPERTY INFO

FACTS
  • Single Family
  • Built In 1997
  • Price/Sqft : $103.56
  • 44 Days on Market
  • MLS # : 6751679
  • Updated Date : 11/23/2020 at 09:22
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,897 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Hou Preferred

Listing Agent's Description

Absolutely stunning homeowner opportunity available in Pearland's established Southwyck! Zoned to highly desired Pearland ISD, this home features up to 5 bedrooms, with contemporary and trendy updated bathrooms, a beautifully landscaped backyard space (including a patio!), breathtaking high ceilings, and tons of upgrades including a custom kitchen backsplash, shining hardwood floors, built-in shelving throughout, and hand-picked granite tile downstairs. This home's open space and abundance of natural light will make you swoon! Community features include multiple parks, a clubhouse, and close proximity to area pools, Southwyck golf club. Just a few minutes from State Highway 288 makes getting to some of Houston's hottest spots a breeze. Don't delay - call today for your private showing!

SEE MORE

MARKET HIGHLIGHTS

  • Houston metro contributes to 29.5% of Texas state economy i.e. Gross State Product (USMayors.org, 2018)
  • Houston metro's economy is worth $544.6 billion in Gross Metro Product and projected to grow to $580 billion in 2019 (USMayors.org, 2018)
  • Houston metro has 63.4% labor force participation rate higher than the national rate 62.8%. The participation rate is expected to grow to 63.6% in 2020 (USMayors.org, 2018)
  • Houston metro employment growth is at 1.8% and predicted to grow to 2.7% in 2019-20 (USMayors.org, 2018)

PRICE & RENT TRENDS

Neighborhood: Southwyck

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300kPrice in $113k305k

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

Neighborhood: Southwyck

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21100120013001400150016001700180019002000Rent in $10382063

* 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
Sam Jamison Middle School Primary Regular 814 51 9
Sam Jamison Middle School Middle Regular 814 51 9
Glenda Dawson High School High Regular 2,257 130 8

Sam Jamison Middle School

  • Education Level: Primary
  • # of students: 814
  • # of teachers: 51
9
GreatSchools Rating

Sam Jamison Middle School

  • Education Level: Middle
  • # of students: 814
  • # of teachers: 51
9
GreatSchools Rating

Glenda Dawson High School

  • Education Level: High
  • # of students: 2,257
  • # of teachers: 130
8
GreatSchools Rating
 

$269,999$329,999$299,999

PURCHASE PRICE

$1,980$2,420$2,200

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,200
EXPENSES Loan Payment -$1,107
Property Tax -$675
Property Insurance -$223
HOA -$46
Property Management Fees -$99
CASH FLOW
$51

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.

$299,999

PROJECTED PRICE

$2,200

PROJECTED RENT

0.73%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.87%
Appreciation Year (1-5) 6.2%
Maintenance Year (1-5) 8.00%
Vacancy 9.28%
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$900k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$85,250

INVESTMENT

$85,250

Down Payment
$75,000
Rehab Estimate
$5,750
Closing Costs
$4,500

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,107

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $75,000
Loan Amount $224,999
See What Happens When You Reinvest Cash Flow

2.67

YEARS SAVED

$7,548

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,200

    LIST RENT
  • $0.76

    LIST RENT PER SQFT
  • $2,209

    COMP ESTIMATED VALUE
  • $0.76

    COMP AVG. RENT PER SQFT
Comps Range
$2,000
1$2,0002$2,0503$2,1004$2,2005$2,425
$2,425
RENT COMPS ANALYSIS
  • 4127 S Webber Drive Pearland, TX 4
    • 4 beds 4 baths ∙ 2,897 Sqft ∙ Built 1997 4 beds 4 baths ∙ 2,897 Sqft ∙ Built 1997
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.76
    •  
  • 3314 E Overdale Drive Pearland, TX 1
    • 3 beds 3 baths ∙ 2,768 Sqft ∙ Built 1995 3 beds 3 baths ∙ 2,768 Sqft ∙ Built 1995
    LEASED 04/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.72
    •  
  • 3313 Beacon View Court Pearland, TX 2
    • 4 beds 3 baths ∙ 2,949 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,949 Sqft ∙ Built 2000
    LEASED 12/22/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,050
    • $0.70
    •  
  • 3104 Capital Court Pearland, TX 3
    • 3 beds 3 baths ∙ 2,714 Sqft ∙ Built 2002 3 beds 3 baths ∙ 2,714 Sqft ∙ Built 2002
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.77
    •  
  • 3208 Forrester Drive Pearland, TX 5
    • 4 beds 3 baths ∙ 2,834 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,834 Sqft ∙ Built 1999
    LEASED 08/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,425
    • $0.86
    •  
PROPERTY LISTING DETAILS
Kasie Chambers
1.281.949.6479
Keller Williams Hou Preferred
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
Houston Association of Realtors Multiple Listing Service ( HARMLS)
MLS #: 6751679
Last Updated: 11/23/2020
BESbswy