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5211 Antony Court Arlington, TX 76017

3 Beds 3 Baths 2,176 sqft Built 1987

$289,900

List Price

$1,940

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

February 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1987
  • Price/Sqft : $133.23
  • 3 Days on Market
  • MLS # : 14510653
  • Updated Date : 02/05/2021 at 16:00
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,176 sqft
  • Baths : 2 full , 1 half
Listing Agent

Re/max Associates Of Arlington

Listing Agent's Description

COMING SOON! Listing will GO LIVE on 2-6, OPEN HOUSE SATURDAY, 2-6 at 12PM-2PM! HONEY STOP THE CAR! This LOVELY home is in a FANTASTIC established neighborhood zoned for MARTIN HS and has all the CURB APPEAL! SO MUCH SPACE on a LARGE PRIVATE LOT! TWO LIVING AREAS with DUAL BRICK FIREPLACE & a BONUS 200 SQFT in charming SUNROOM! BEAUTIFUL NEW LUXURY VINYL FLOORING & LOVELY ARCHITECTURAL designs throughout the home from the UNIQUE CROWN MOLDING, BREATHTAKING CUSTOM CEILINGS, & GORGEOUS LIGHTING FIXTURES! ADORABLE, newly remodeled WHITE kitchen STAINLESS APPLIANCES with DOUBLE OVEN, EAT IN nook, & NEW COUNTERS! GRAND master suite with RECENTLY RENOVATED shower with Garden Tub, double vanity, and plenty of STORAGE!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • . 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)

PRICE & RENT TRENDS

Neighborhood: Kee Brook

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $117k336k

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

Neighborhood: Kee Brook

NeighborhoodNIR Market*CityMarket2010Year20002019 Q211001200130014001500160017001800190020002100Rent in $10222171

* 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
Boles Junior High School Middle Regular 724 50 8
Martin High School High Regular 3,361 199 7
Boles Junior High School Middle Unknown NA

Boles Junior High School

  • Education Level: Middle
  • # of students: 724
  • # of teachers: 50
8
GreatSchools Rating

Martin High School

  • Education Level: High
  • # of students: 3,361
  • # of teachers: 199
7
GreatSchools Rating

Boles Junior High School

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

$260,910$318,890$289,900

PURCHASE PRICE

$1,746$2,134$1,940

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,940
EXPENSES Loan Payment -$1,007
Property Tax -$628
Property Insurance -$153
Property Management Fees -$99
CASH FLOW
$54

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.

$289,900

PROJECTED PRICE

$1,940

PROJECTED RENT

0.67%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 4.9%
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$100k$200k$300k$400k$500k$600k$700k$800k$900k

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$82,574

INVESTMENT

$82,574

Down Payment
$72,475
Rehab Estimate
$5,750
Closing Costs
$4,349

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,007

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $72,475
Loan Amount $217,425
See What Happens When You Reinvest Cash Flow

5.33

YEARS SAVED

$16,377

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,940

    LIST RENT
  • $0.89

    LIST RENT PER SQFT
  • $1,953

    COMP ESTIMATED VALUE
  • $0.9

    COMP AVG. RENT PER SQFT
Comps Range
$1,795
1$1,7952$1,8503$1,8754$1,9005$1,940
$1,940
RENT COMPS ANALYSIS
  • 5211 Antony Court Arlington, TX 5
    • 3 beds 3 baths ∙ 2,176 Sqft ∙ Built 1987 3 beds 3 baths ∙ 2,176 Sqft ∙ Built 1987
    • Rent
    • Rent Per SQFT
    •  
    • $1,940
    • $0.89
    •  
  • 5807 Rock Meadow Trail Arlington, TX 1
    • 3 beds 2 baths ∙ 2,020 Sqft ∙ Built 1998 3 beds 2 baths ∙ 2,020 Sqft ∙ Built 1998
    LEASED 12/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.89
    •  
  • 5308 Bright Star Trail Arlington, TX 2
    • 4 beds 2 baths ∙ 2,004 Sqft ∙ Built 1980 4 beds 2 baths ∙ 2,004 Sqft ∙ Built 1980
    LEASED 06/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.92
    •  
  • 5005 Bayberry Drive Arlington, TX 3
    • 3 beds 2 baths ∙ 2,058 Sqft ∙ Built 2002 3 beds 2 baths ∙ 2,058 Sqft ∙ Built 2002
    LEASED 02/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,875
    • $0.91
    •  
  • 4919 Spring Creek Road Arlington, TX 4
    • 3 beds 3 baths ∙ 2,179 Sqft ∙ Built 1979 3 beds 3 baths ∙ 2,179 Sqft ∙ Built 1979
    LEASED 03/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.87
    •  
PROPERTY LISTING DETAILS
Stephanie Deeds
Re/max Associates Of Arlington
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14510653
Last Updated: 02/05/2021
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