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5133 Ambergris Trail Fort Worth, TX 76244

4 Beds 2 Baths 2,038 sqft Built 2016

$395,000

List Price

$2,150

$1.9K - $2.4K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 24, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $193.82
  • 5 Days on Market
  • MLS # : 14512883
  • Updated Date : 02/26/2021 at 10:38
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,038 sqft
  • Baths : 2 full
Listing Agent

Briggs Freeman Sotheby's Int'l

Listing Agent's Description

Fabulous 1-story, 4 bed, 2.0 bath home in the gated Sanctuary at Bear Creek and Keller ISD. Conveniently and centrally located near Fort Worth, the DFW airport and minutes to nearby shopping and restaurants. Backing up to a greenbelt this open-living home features gorgeous porcelain tile floors, trayed ceilings, split bedrooms, a chef’s kitchen w beautiful granite counters, island and breakfast bar that opens to the generous family room w corner fireplace and abundant light! Step out to a sparkling salt-water pool w a sun ledge, extensive stone decking, and covered patio w motorized sunshade. Plenty of room to entertain in this outdoor oasis. Multiple upgrades throughout make one you won’t want to miss!

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

Zip Code: 76244

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $104k336k

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

Zip Code: 76244

ZipNIR Market*CityMarket2010Year20002019 Q2100011001200130014001500160017001800190020002100Rent in $9192171

* 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
Freedom Elementary School Primary Regular 462 31 6
Central High School High Regular 2,573 140 8
Central High School High Unknown NA

Freedom Elementary School

  • Education Level: Primary
  • # of students: 462
  • # of teachers: 31
6
GreatSchools Rating

Central High School

  • Education Level: High
  • # of students: 2,573
  • # of teachers: 140
8
GreatSchools Rating

Central High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$355,500$434,500$395,000

PURCHASE PRICE

$1,935$2,365$2,150

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,150
EXPENSES Loan Payment -$1,372
Property Tax -$906
Property Insurance -$145
HOA -$104
Property Management Fees -$99
CASH FLOW
-$476

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.

$395,000

PROJECTED PRICE

$2,150

PROJECTED RENT

0.54%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 7.0%
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

PROJECTED ANNUAL CASH FLOW

11530-$12k-$10k-$8.0k-$6.0k-$4.0k-$2.0k$0.0$2.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$110,425

INVESTMENT

$110,425

Down Payment
$98,750
Rehab Estimate
$5,750
Closing Costs
$5,925

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 80% down payment or higher enables the proceeds from the asset to cover all costs.

$1,372

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $98,750
Loan Amount $296,250
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$60

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,150

    LIST RENT
  • $1.05

    LIST RENT PER SQFT
  • $1,773

    COMP ESTIMATED VALUE
  • $0.87

    COMP AVG. RENT PER SQFT
Comps Range
$1,595
1$1,5952$1,8503$1,8954$2,0005$2,150
$2,150
RENT COMPS ANALYSIS
  • 5133 Ambergris Trail Fort Worth, TX 5
    • 4 beds 2 baths ∙ 2,038 Sqft ∙ Built 2016 4 beds 2 baths ∙ 2,038 Sqft ∙ Built 2016
    • Rent
    • Rent Per SQFT
    •  
    • $2,150
    • $1.05
    •  
  • 5128 Escambia Terrace Fort Worth, TX 1
    • 3 beds 2 baths ∙ 1,965 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,965 Sqft ∙ Built 2005
    LEASED 06/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.81
    •  
  • 9941 Voss Avenue Fort Worth, TX 2
    • 4 beds 2 baths ∙ 2,136 Sqft ∙ Built 2004 4 beds 2 baths ∙ 2,136 Sqft ∙ Built 2004
    LEASED 05/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.87
    •  
  • 5024 Escambia Terrace Fort Worth, TX 3
    • 3 beds 2 baths ∙ 2,094 Sqft ∙ Built 2007 3 beds 2 baths ∙ 2,094 Sqft ∙ Built 2007
    LEASED 04/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.90
    •  
  • 5136 Escambia Terrace Fort Worth, TX 4
    • 3 beds 2 baths ∙ 2,231 Sqft ∙ Built 2005 3 beds 2 baths ∙ 2,231 Sqft ∙ Built 2005
    LEASED 11/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.90
    •  
PROPERTY LISTING DETAILS
Peggy Martin
Briggs Freeman Sotheby's Int'l
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14512883
Last Updated: 02/26/2021
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