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

4143 Buckner Avenue Irving, TX 75063

4 Beds 3 Baths 3,317 sqft Built 2017

$625,000

List Price

$3,220

$3K - $3.5K

Rent Est.

PROPERTY INFO

December 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $188.42
  • 2 Days on Market
  • MLS # : 14456975
  • Updated Date : 12/12/2020 at 18:27
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,317 sqft
  • Baths : 3 full
Listing Agent

Keller Williams Dfw Preferred

Listing Agent's Description

Don't miss the opportunity to own this impeccable home in Parkside community. Sitting on a sought after 60ft lot this home boasts tons of natural light, soaring 2 story ceilings, hardwood floors, designer paint & much more. Inviting Living Room opens to Gourmet kitchen w Quartz Counters & island, Glass Tile bksplash, SS appliances & study nook. Spacious Master bed w an updated bath w dual sinks & garden tub. Addtn Guest Bedroom & office on 1st floor w full bath. Upstairs 2 Beds & 1 bath + game room + media room. Huge backyard for kids & fur babies. 2 Car garage. Trails & community park within walking distance. Minutes from major Highways & DFW Airport. Close to Malls, Theaters & Restaurants. Award winning CISD.

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: 75063

ZipNIR Market*CityMarket2010Year20002019150k200k250k300k350k400kPrice in $107k424k

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

Zip Code: 75063

ZipNIR Market*CityMarket2010Year20002019 Q212001400160018002000220024002600Rent in $10432720

* 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
Pinkerton Elementary School Primary Regular 322 25 9
Coppell Middle West Middle Regular 979 62 9
Coppell High School High Regular 3,136 192 8

Pinkerton Elementary School

  • Education Level: Primary
  • # of students: 322
  • # of teachers: 25
9
GreatSchools Rating

Coppell Middle West

  • Education Level: Middle
  • # of students: 979
  • # of teachers: 62
9
GreatSchools Rating

Coppell High School

  • Education Level: High
  • # of students: 3,136
  • # of teachers: 192
8
GreatSchools Rating
 

$562,500$687,500$625,000

PURCHASE PRICE

$2,898$3,542$3,220

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,220
EXPENSES Loan Payment -$2,306
Property Tax -$1,381
Property Insurance -$219
HOA -$114
Property Management Fees -$99
CASH FLOW
-$899

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.

$625,000

PROJECTED PRICE

$3,220

PROJECTED RENT

0.52%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 6.2%
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$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$20k-$15k-$10k-$5.0k$0.0

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$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$171,375

INVESTMENT

$171,375

Down Payment
$156,250
Rehab Estimate
$5,750
Closing Costs
$9,375

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 80% down payment or higher enables the proceeds from the asset to cover all costs.

$2,306

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $156,250
Loan Amount $468,750
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$35

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,220

    LIST RENT
  • $0.97

    LIST RENT PER SQFT
  • $3,234

    COMP ESTIMATED VALUE
  • $0.98

    COMP AVG. RENT PER SQFT
Comps Range
$3,100
1$3,1002$3,1003$3,1504$3,1955$3,220
$3,220
RENT COMPS ANALYSIS
  • 4143 Buckner Avenue Irving, TX 5
    • 4 beds 3 baths ∙ 3,317 Sqft ∙ Built 2017 4 beds 3 baths ∙ 3,317 Sqft ∙ Built 2017
    • Rent
    • Rent Per SQFT
    •  
    • $3,220
    • $0.97
    •  
  • 3026 E Ivy Hill Lane Irving, TX 1
    • 4 beds 5 baths ∙ 3,206 Sqft ∙ Built 2015 4 beds 5 baths ∙ 3,206 Sqft ∙ Built 2015
    LEASED 08/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $0.97
    •  
  • 7472 Reverchon Drive Irving, TX 2
    • 4 beds 4 baths ∙ 3,160 Sqft ∙ Built 2018 4 beds 4 baths ∙ 3,160 Sqft ∙ Built 2018
    LEASED 08/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $0.98
    •  
  • 7273 Ridgepoint Drive Irving, TX 3
    • 4 beds 3 baths ∙ 3,085 Sqft ∙ Built 2015 4 beds 3 baths ∙ 3,085 Sqft ∙ Built 2015
    LEASED 07/14/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,150
    • $1.02
    •  
  • 2110 Remington Drive Irving, TX 4
    • 4 beds 4 baths ∙ 3,450 Sqft ∙ Built 2019 4 beds 4 baths ∙ 3,450 Sqft ∙ Built 2019
    LEASED 08/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,195
    • $0.93
    •  
PROPERTY LISTING DETAILS
Rohit Singh
Keller Williams Dfw Preferred
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14456975
Last Updated: 12/12/2020
BESbswy