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

4951 Grey Hawk St San Antonio, TX 78217

4 Beds 2 Baths 1,067 sqft Built 1980

$179,999

List Price

$1,130

$1K - $1.2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
FACTS
  • Single Family
  • Built In 1980
  • Price/Sqft : $168.70
  • 19 Days on Market
  • MLS # : 1541569
  • Updated Date : 07/13/2021 at 02:30
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,067 sqft
  • Baths : 2 full
Listing Agent

Xsellence Realty

Listing Agent's Description

4 bedroom home ready for it's new family! This one story home in the NE side would make the ideal starter home for the growing family. Home just needs some TLC and updating! Covered patio in backyard is perfect for the summer BBQ's and family gathering. Hurry and contact your favorite Realtor to get you in this home!!

SEE MORE

MARKET HIGHLIGHTS

  • San Antonio metro economy is worth $130 billion in Gross Metro Product and projected to grow to $136 billion in 2019 (USMayors.org, 2018)
  • Five Fortune 500 companies are headquartered in San Antonio: Valero Energy; Tesoro; United Services Automobile Association (USAA); CST Brands; and iHeart Media (Formerly CC Media Holdings).
  • The metro employment growth is at 2.3 per cent and predicted to be at 2.2% in 2019 (USMayors.org, 2018)
  • San Antonio metro has 60.7 percent labor force participation rate (USMayors.org, 2018)
  • The metro contributes to 7.2 percent of Texas state economy i.e. Gross State Product (USMayors.org, 2018)

PRICE & RENT TRENDS

Neighborhood: El Chaparral Fertile Valley

NeighborhoodNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $67k204k

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

Neighborhood: El Chaparral Fertile Valley

NeighborhoodNIR Market*CityMarket2010Year20002019 Q270080090010001100120013001400Rent in $6791456

* 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
Northern Hills Elementary School Primary Regular 629 38 3
Harris Middle School Middle Regular 1,338 76 6
Madison High School High Regular 3,364 190 5

Northern Hills Elementary School

  • Education Level: Primary
  • # of students: 629
  • # of teachers: 38
3
GreatSchools Rating

Harris Middle School

  • Education Level: Middle
  • # of students: 1,338
  • # of teachers: 76
6
GreatSchools Rating

Madison High School

  • Education Level: High
  • # of students: 3,364
  • # of teachers: 190
5
GreatSchools Rating
 

$161,999$197,999$179,999

PURCHASE PRICE

$1,017$1,243$1,130

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,130
EXPENSES Loan Payment -$625
Property Tax -$402
Property Insurance -$89
Property Management Fees -$99
CASH FLOW
-$85

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 18% of earned rent to cover both maintenance and periods of vacancy.

$179,999

PROJECTED PRICE

$1,130

PROJECTED RENT

0.63%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 7.5%
Maintenance Year (1-5) 8.00%
Vacancy 9.54%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$53,450

INVESTMENT

$53,450

Down Payment
$45,000
Rehab Estimate
$5,750
Closing Costs
$2,700

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$625

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $45,000
Loan Amount $134,999
See What Happens When You Reinvest Cash Flow

1.08

YEARS SAVED

$1,005

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,130

    LIST RENT
  • $1.06

    LIST RENT PER SQFT
  • $1,080

    COMP ESTIMATED VALUE
  • $1.01

    COMP AVG. RENT PER SQFT
Comps Range
$1,130
1$1,1302$1,1953$1,2004$1,2005$1,300
$1,300
RENT COMPS ANALYSIS
  • 4951 Grey Hawk St San Antonio, TX 1
    • 4 beds 2 baths ∙ 1,067 Sqft ∙ Built 1980 4 beds 2 baths ∙ 1,067 Sqft ∙ Built 1980
    • Rent
    • Rent Per SQFT
    •  
    • $1,130
    • $1.06
    •  
  • 4920 Champlain Dr San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 1982
    LEASED 09/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,195
    • $0.96
    •  
  • 4818 Flicker St San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,129 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,129 Sqft ∙ Built 1981
    LEASED 03/24/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $1.06
    •  
  • 5339 Galacino St San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,243 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,243 Sqft ∙ Built 1980
    LEASED 05/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.97
    •  
  • 4707 Crested Grove San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,232 Sqft ∙ Built 1988 3 beds 2 baths ∙ 1,232 Sqft ∙ Built 1988
    LEASED 02/23/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $1.06
    •  
PROPERTY LISTING DETAILS
Robert Saenz
1.210.535.2607
Xsellence Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1541569
Last Updated: 07/13/2021
BESbswy