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

5474 Bradford Green Trail Flower Mound, TX 75028

5 Beds 4 Baths 3,535 sqft Built 2020

$650,000

List Price

$3,170

$2.9K - $3.4K

Rent Est.

PROPERTY INFO

Built 2020 NEW CONSTRUCTION
SINGLE-FAMILY
February 19, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2020
  • Price/Sqft : $183.88
  • 3 Days on Market
  • MLS # : 14519492
  • Updated Date : 02/19/2021 at 02:00
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,535 sqft
  • Baths : 4 full
Listing Agent

Re/max Four Corners

Listing Agent's Description

This is a wonderful opportunity to buy a better than new home! Skip the sales office! This home has everything you are looking for in sought after Flower Mound, 5 bedrooms, 4 FULL baths, study, gameroom and media room with all the upgrades you could want! Hardwood flooring, a chefs kitchen that you will not believe, quartz countertops, huge island, gas cooktop with stainless appliances overlooking living area, pool size yard with covered patio and gas stub waiting for your outdoor kitchen. Awesome media room, incredible decorators modern style fireplace, master bedroom overlooking backyard, incredible master bath, huge gameroom. This home is a must see with new homes in subdivision going for much more.

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

Zip Code: 75028

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380k400kPrice in $123k402k

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

Zip Code: 75028

ZipNIR Market*CityMarket2010Year20002019 Q212001300140015001600170018001900200021002200230024002500Rent in $11262573

* 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
Flower Mound Elementary School Primary Regular 499 35 9
Clayton Downing Middle School Middle Regular 606 50 9
Marcus High School High Regular 2,439 151 8

Flower Mound Elementary School

  • Education Level: Primary
  • # of students: 499
  • # of teachers: 35
9
GreatSchools Rating

Clayton Downing Middle School

  • Education Level: Middle
  • # of students: 606
  • # of teachers: 50
9
GreatSchools Rating

Marcus High School

  • Education Level: High
  • # of students: 2,439
  • # of teachers: 151
8
GreatSchools Rating
 

$585,000$715,000$650,000

PURCHASE PRICE

$2,853$3,487$3,170

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,170
EXPENSES Loan Payment -$2,258
Property Tax -$1,122
Property Insurance -$231
HOA -$108
Property Management Fees -$99
CASH FLOW
-$649

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 10% of earned rent to cover both maintenance and periods of vacancy.

$650,000

PROJECTED PRICE

$3,170

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 6.8%
Maintenance Year (1-5) 3.00%
Vacancy 6.93%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M

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$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$174,250

INVESTMENT

$174,250

Down Payment
$162,500
Rehab Estimate
$2,000
Closing Costs
$9,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$2,258

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $162,500
Loan Amount $487,500
See What Happens When You Reinvest Cash Flow

0.42

YEARS SAVED

$958

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,170

    LIST RENT
  • $0.9

    LIST RENT PER SQFT
  • $3,137

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$2,950
1$2,9502$2,9993$3,1004$3,1705$3,299
$3,299
RENT COMPS ANALYSIS
  • 5474 Bradford Green Trail Flower Mound, TX 4
    • 5 beds 4 baths ∙ 3,535 Sqft ∙ Built 2020 5 beds 4 baths ∙ 3,535 Sqft ∙ Built 2020
    • Rent
    • Rent Per SQFT
    •  
    • $3,170
    • $0.90
    •  
  • 1905 Annabel Avenue Flower Mound, TX 1
    • 5 beds 4 baths ∙ 3,640 Sqft ∙ Built 2004 5 beds 4 baths ∙ 3,640 Sqft ∙ Built 2004
    LEASED 05/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,950
    • $0.81
    •  
  • 3629 Timothy Drive Flower Mound, TX 2
    • 4 beds 4 baths ∙ 3,453 Sqft ∙ Built 2004 4 beds 4 baths ∙ 3,453 Sqft ∙ Built 2004
    LEASED 04/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,999
    • $0.87
    •  
  • 706 Live Oak Highland Village, TX 3
    • 4 beds 4 baths ∙ 3,458 Sqft ∙ Built 2005 4 beds 4 baths ∙ 3,458 Sqft ∙ Built 2005
    LEASED 05/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $0.90
    •  
  • 4800 Bayberry Street Flower Mound, TX 5
    • 5 beds 4 baths ∙ 3,391 Sqft ∙ Built 2016 5 beds 4 baths ∙ 3,391 Sqft ∙ Built 2016
    LEASED 07/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,299
    • $0.97
    •  
PROPERTY LISTING DETAILS
Leah Mcclain
Re/max Four Corners
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14519492
Last Updated: 02/19/2021
BESbswy