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5115 Timber Gale St San Antonio, TX 78250

3 Beds 2 Baths 1,849 sqft Built 1979

$229,000

List Price

$1,530

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

February 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1979
  • Price/Sqft : $123.85
  • 3 Days on Market
  • MLS # : 1508164
  • Updated Date : 02/05/2021 at 12:15
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,849 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Heritage

Listing Agent's Description

Come see this lovely two-story home located in the heart of The Great Northwest. All three bedrooms are downstairs. The second bedroom can be used as an office. Upstairs you will find a great loft/game room that opens up to a large deck, perfect for enjoying the sun or a romantic night under the stars. This home has access to 410 and 1604, Seaworld or Fiesta Texas and all of the wonderful shopping in between. Schedule your showings now! This home won't last long.

SEE MORE

MARKET HIGHLIGHTS

  • The metro contributes to 7.2 percent of Texas state economy i.e. Gross State Product (USMayors.org, 2018)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Great Northwest

NeighborhoodNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $83k205k

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

Neighborhood: Great Northwest

NeighborhoodNIR Market*CityMarket2010Year20002019 Q27508008509009501000105011001150120012501300135014001450Rent in $7461472

* 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
Timberwilde Elementary School Primary Regular 812 52 5
Connally Middle School Middle Regular 1,049 63 5
Warren High School High Regular 3,052 176 7

Timberwilde Elementary School

  • Education Level: Primary
  • # of students: 812
  • # of teachers: 52
5
GreatSchools Rating

Connally Middle School

  • Education Level: Middle
  • # of students: 1,049
  • # of teachers: 63
5
GreatSchools Rating

Warren High School

  • Education Level: High
  • # of students: 3,052
  • # of teachers: 176
7
GreatSchools Rating
 

$206,100$251,900$229,000

PURCHASE PRICE

$1,377$1,683$1,530

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,530
EXPENSES Loan Payment -$795
Property Tax -$511
Property Insurance -$134
HOA -$18
Property Management Fees -$99
CASH FLOW
-$27

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 17% of earned rent to cover both maintenance and periods of vacancy.

$229,000

PROJECTED PRICE

$1,530

PROJECTED RENT

0.67%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 8.8%
Maintenance Year (1-5) 8.00%
Vacancy 9.02%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k$700k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$66,435

INVESTMENT

$66,435

Down Payment
$57,250
Rehab Estimate
$5,750
Closing Costs
$3,435

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$795

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $57,250
Loan Amount $171,750
See What Happens When You Reinvest Cash Flow

2.42

YEARS SAVED

$3,772

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,530

    LIST RENT
  • $0.83

    LIST RENT PER SQFT
  • $1,562

    COMP ESTIMATED VALUE
  • $0.85

    COMP AVG. RENT PER SQFT
Comps Range
$1,400
1$1,4002$1,4953$1,5004$1,5305$1,595
$1,595
RENT COMPS ANALYSIS
  • 5115 Timber Gale St San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,849 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,849 Sqft ∙ Built 1979
    • Rent
    • Rent Per SQFT
    •  
    • $1,530
    • $0.83
    •  
  • 5211 Timberhurst San Antonio, TX 1
    • 4 beds 3 baths ∙ 1,692 Sqft ∙ Built 1982 4 beds 3 baths ∙ 1,692 Sqft ∙ Built 1982
    LEASED 10/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.83
    •  
  • 8702 Timberwilde St San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,897 Sqft ∙ Built 1976 3 beds 2 baths ∙ 1,897 Sqft ∙ Built 1976
    LEASED 03/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.79
    •  
  • 5126 Timberbranch St San Antonio, TX 3
    • 4 beds 2 baths ∙ 1,810 Sqft ∙ Built 1976 4 beds 2 baths ∙ 1,810 Sqft ∙ Built 1976
    LEASED 12/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.83
    •  
  • 5603 Timbersteep San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,717 Sqft ∙ Built 1984 3 beds 2 baths ∙ 1,717 Sqft ∙ Built 1984
    LEASED 07/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.93
    •  
PROPERTY LISTING DETAILS
Ilia Cookie Gehring
1.210.381.5381
Keller Williams Heritage
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1508164
Last Updated: 02/05/2021
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