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4236 Yucca Flats Trail Fort Worth, TX 76108

4 Beds 3 Baths 3,667 sqft Built 2011

$575,000

List Price

$3,350

$3.1K - $3.6K

Rent Est.

PROPERTY INFO

November 05, 2020 RECENTLY ADDED
FACTS
  • Built In 2011
  • Price/Sqft : $156.80
  • 4 Days on Market
  • MLS # : 14464231
  • Updated Date : 11/07/2020 at 06:18
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,667 sqft
  • Baths : 2 full , 1 half
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

Fabulous custom home in La Cantera West on a wooded 1.15 acre lot. This home features 4 bedrooms, 2.5 baths and a 3-car garage. Also, open concept with a well-appointed kitchen that gives views of the spacious patio and expansive backyard. There is plenty of room for a pool. The master is quite large and en-suite features a very large closet. The other 3 bedrooms are downstairs and are of good size. Upstairs you have a second living area which is perfect for an office, game room or TV room. There is lots of privacy for you to enjoy this home. Home also features a reverse osmosis system and wireless dog fence.

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: La Cantera West

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500kPrice in $104k549k

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

Neighborhood: La Cantera West

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000120014001600180020002200240026002800Rent in $9192838

* 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
Eagle Heights Elementary School Primary Regular 478 29 6
Azle Junior High School Middle Regular 465 27 6
Azle High School High Regular 1,742 107 7

Eagle Heights Elementary School

  • Education Level: Primary
  • # of students: 478
  • # of teachers: 29
6
GreatSchools Rating

Azle Junior High School

  • Education Level: Middle
  • # of students: 465
  • # of teachers: 27
6
GreatSchools Rating

Azle High School

  • Education Level: High
  • # of students: 1,742
  • # of teachers: 107
7
GreatSchools Rating
 

$517,500$632,500$575,000

PURCHASE PRICE

$3,015$3,685$3,350

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,350
EXPENSES Loan Payment -$2,122
Property Tax -$1,318
Property Insurance -$229
HOA -$63
Property Management Fees -$99
CASH FLOW
-$480

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.

$575,000

PROJECTED PRICE

$3,350

PROJECTED RENT

0.58%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 7.7%
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-$15k-$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$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$158,125

INVESTMENT

$158,125

Down Payment
$143,750
Rehab Estimate
$5,750
Closing Costs
$8,625

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$2,122

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $143,750
Loan Amount $431,250
See What Happens When You Reinvest Cash Flow

0.92

YEARS SAVED

$2,857

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,350

    LIST RENT
  • $0.96

    LIST RENT PER SQFT
  • $3,937

    COMP ESTIMATED VALUE
  • $1.13

    COMP AVG. RENT PER SQFT
Comps Range
$3,350
1$3,3502$3,900
$3,900
RENT COMPS ANALYSIS
  • 4236 Yucca Flats Trail Fort Worth, TX 1
    • 4 beds 3 baths ∙ 3,484 Sqft ∙ Built 2011 4 beds 3 baths ∙ 3,484 Sqft ∙ Built 2011
    • Rent
    • Rent Per SQFT
    •  
    • $3,350
    • $0.96
    •  
  • 3972 Lake Oaks Circle Fort Worth, TX 2
    • 4 beds 3 baths ∙ 3,443 Sqft ∙ Built 1998 4 beds 3 baths ∙ 3,443 Sqft ∙ Built 1998
    LEASED 11/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,900
    • $1.13
    •  
PROPERTY LISTING DETAILS
Steven Bradbury
Coldwell Banker Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14464231
Last Updated: 11/07/2020
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