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4508 Tambre Bend Austin, TX 78738

4 Beds 2 Baths 2,413 sqft Built 2012

$536,900

List Price

$2,860

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

December 03, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2012
  • Price/Sqft : $222.50
  • 4 Days on Market
  • MLS # : 9492805
  • Updated Date : 12/06/2020 at 02:12
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,413 sqft
  • Baths : 2 full
Listing Agent

Re/max Military City

Listing Agent's Description

This stunning 1-story stucco, stone home located on a large corner lot in the Ladera subdivision is ready for new owners to enjoy! The unique 2-sided fireplace affords the ability to watch the fire from both sides of the room, whether you're in the kitchen or sitting room. Many upgrades including, oversized tiles, crown molding, granite countertops, breakfast bar, stainless steel appliances, built-in oven and microwave, and hardwood laminate and tile flooring throughout the main level. Home automation system includes doorbell, camera, intercom, and ceiling speakers. Superior finishes including a beautiful separate formal dining room. Luxurious primary suite and full bath. Fourth bedroom could easily convert into a game room, fitness area, or media room. Lake Travis ISD. Located minutes away from Lakeland Park, Lake Austin Village, and Shops at the Galleria! Call us for more information!

SEE MORE

MARKET HIGHLIGHTS

  • Austin metro employment growth is at 3.4% and predicted to grow at 2.9% in 2019 (USMayors.org, 2018)
  • Companies with headquarters and major regional presence in Austin: Dell, Whole Foods, Apple, AMD, IBM, Flextronics, Google, Facebook, National Instruments, and Freescale Semiconductor. Apple announced an investment of $1 billion in a new 133-acre campus in Austin accommodating an additional 5,000 employees.
  • Austin metro has 70% labor force participation rate, one of the highest in the nation and higher than the national rate 62.8% (USMayors.org, 2018)
  • Austin ranks #7 in total venture capital deals flow with $1.84 billion venture funding flowing in to the metro in 2019, an increase of 19.5% from the previous year (Crunchbase News, 2020)
  • Austin metro contributes to 8.4% of Texas state economy i.e. Gross State Product (USMayors.org, 2018)
  • #1 in U.S. Cities attracting the most workers and a preferred destination for job movers (LinkedIn, August 2018; Glassdoor May 2018 )
  • Austin metro economy is worth over $153 billion in Gross Metro Product and projected to grow to $162 billion in 2019 (USMayors.org, 2018)
  • #2 in Top 10 cities for entrepreneurs and start-ups (Business.org, 2018)
  • #3 on Best Cities for Renters (Smart Asset, July 2018)
  • #1 in 125 Best Places to Live in the USA (U.S. News, 2019)

PRICE & RENT TRENDS

Neighborhood: Bee Cave

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600kPrice in $136k606k

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

Neighborhood: Bee Cave

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001200140016001800200022002400260028003000Rent in $9973086

* 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
Lake Pointe Elementary School Primary Regular 676 42 10
Lake Travis Middle School Middle Regular 1,066 64 10
Lake Travis High School High Regular 2,561 141 8

Lake Pointe Elementary School

  • Education Level: Primary
  • # of students: 676
  • # of teachers: 42
10
GreatSchools Rating

Lake Travis Middle School

  • Education Level: Middle
  • # of students: 1,066
  • # of teachers: 64
10
GreatSchools Rating

Lake Travis High School

  • Education Level: High
  • # of students: 2,561
  • # of teachers: 141
8
GreatSchools Rating
 

$483,210$590,590$536,900

PURCHASE PRICE

$2,574$3,146$2,860

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,860
EXPENSES Loan Payment -$1,981
Property Tax -$1,056
Property Insurance -$163
HOA -$49
Property Management Fees -$99
CASH FLOW
-$488

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.

$536,900

PROJECTED PRICE

$2,860

PROJECTED RENT

0.53%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.79%
Appreciation Year (1-5) 7.6%
Maintenance Year (1-5) 8.00%
Vacancy 6.80%
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

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$148,029

INVESTMENT

$148,029

Down Payment
$134,225
Rehab Estimate
$5,750
Closing Costs
$8,054

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,981

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $134,225
Loan Amount $402,675
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$2,089

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,860

    LIST RENT
  • $1.19

    LIST RENT PER SQFT
  • $3,028

    COMP ESTIMATED VALUE
  • $1.26

    COMP AVG. RENT PER SQFT
Comps Range
$2,860
1$2,8602$3,1003$3,1504$3,2005$3,200
$3,200
RENT COMPS ANALYSIS
  • 4508 Tambre Bend Austin, TX 1
    • 4 beds 2 baths ∙ 2,413 Sqft ∙ Built 2012 4 beds 2 baths ∙ 2,413 Sqft ∙ Built 2012
    • Rent
    • Rent Per SQFT
    •  
    • $2,860
    • $1.19
    •  
  • 4120 Vinalopo Drive Austin, TX 2
    • 4 beds 2 baths ∙ 2,331 Sqft ∙ Built 2014 4 beds 2 baths ∙ 2,331 Sqft ∙ Built 2014
    LEASED 09/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $1.33
    •  
  • 4321 Tambre Bend Austin, TX 3
    • 4 beds 3 baths ∙ 2,700 Sqft ∙ Built 2013 4 beds 3 baths ∙ 2,700 Sqft ∙ Built 2013
    LEASED 09/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,150
    • $1.17
    •  
  • 4001 Tordera Drive Austin, TX 4
    • 4 beds 4 baths ∙ 2,545 Sqft ∙ Built 2014 4 beds 4 baths ∙ 2,545 Sqft ∙ Built 2014
    LEASED 07/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.26
    •  
  • 4025 Vinalopo Drive Bee Cave, TX 5
    • 3 beds 3 baths ∙ 2,540 Sqft ∙ Built 2014 3 beds 3 baths ∙ 2,540 Sqft ∙ Built 2014
    LEASED 06/14/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.26
    •  
PROPERTY LISTING DETAILS
Levi Rodgers
1.210.331.7000
Re/max Military City
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
Austin/Central Texas Realty Information Services ( ACTRIS)
MLS #: 9492805
Last Updated: 12/06/2020
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