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4317 Robbins Drive 
Carrollton, TX
75010
4 Beds 4 Baths 3,972 sqft
Built 2001
INVESTimate
$499,990
List Price
$138,247
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PROPERTY INFO
FACTS
- Built In 2001
- Price/Sqft : $125.88
- 2 Days on Market
- MLS # : 14396190
- Updated Date : 08/25/2020 at 22:00
CONSTRUCTION
- Beds : 4
- Floor Size : 3,972 sqft
- Baths : 4 full
Listing Agent
Re/max Dfw Associates
Listing Agent's Description
Incredible custom Drees home w amazing curb appeal. Incredible foyer & stairway, elegant frml living&dining w dbl French doors to inviting porch. Exceptional fam rm w gaslog FP, BI shelves. Gourmet kitch w isl, SS appls, desk & bfast nook. Handsome office w coffered ceiling. Marvelous master w sitting area, spalike bath, jetted tub, dbl vanities & WIC. Enormous gameroom w BI shelves upstairs, jack&jill beds&bath, guest suite & fully equipped media rm w wetbar. Huge pergola, BI outdoor grill, sink, flagstone & impeccable yard w mature trees. Prestigious Coyote Ridge golf&country club, park, pond, pavilion, pool, fitness cntr & tennis. Easy access to hwys, LegacyWest shops&dining, Grandscape, The Star in Frisco.
SEE MORE
- . 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: Indian Creek
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Indian Creek
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,130 |
| EXPENSES | Loan Payment | -$1,845 |
| Property Tax | -$913 | |
| Property Insurance | -$257 | |
| HOA | -$28 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$11
|
||
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.
$499,990
PROJECTED PRICE
$3,130
PROJECTED RENT
0.63%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.94% |
| Appreciation Year (1-5) | 5.71% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.93% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$138,247
LOAN DETAILS
$1,845
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $124,998 |
| Loan Amount | $374,993 |
4.5
YEARS SAVED
$27,203
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$3,130
LIST RENT -
$0.79
LIST RENT PER SQFT
-
$3,168
COMP ESTIMATED VALUE -
$0.8
COMP AVG. RENT PER SQFT
Comps Range
-
4317 Robbins Drive Carrollton, TX 3
- 4 beds 4 baths ∙ 3,972 Sqft ∙ Built 2001 4 beds 4 baths ∙ 3,972 Sqft ∙ Built 2001
- Rent
- Rent Per SQFT
- $3,130
- $0.79
-
4132 Saginaw Lane Carrollton, TX 1
- 4 beds 4 baths ∙ 3,781 Sqft ∙ Built 2005 4 beds 4 baths ∙ 3,781 Sqft ∙ Built 2005
LEASED 05/28/20- Rent
- Rent Per SQFT
- $2,700
- $0.71
-
4477 Fairway Drive Carrollton, TX 2
- 4 beds 4 baths ∙ 3,838 Sqft ∙ Built 2005 4 beds 4 baths ∙ 3,838 Sqft ∙ Built 2005
LEASED 08/03/20- Rent
- Rent Per SQFT
- $2,895
- $0.75
-
1023 River Rock Way Carrollton, TX 4
- 5 beds 4 baths ∙ 4,060 Sqft ∙ Built 2015 5 beds 4 baths ∙ 4,060 Sqft ∙ Built 2015
LEASED 02/07/20- Rent
- Rent Per SQFT
- $3,495
- $0.86
-
424 Water Bridge Lewisville, TX 5
- 5 beds 4 baths ∙ 4,033 Sqft ∙ Built 2008 5 beds 4 baths ∙ 4,033 Sqft ∙ Built 2008
LEASED 03/23/20- Rent
- Rent Per SQFT
- $3,500
- $0.87
PROPERTY LISTING DETAILS
Re/max Dfw Associates
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 14396190
Last Updated: 08/25/2020
