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

5780 Mcnaughton Kyle, TX 78640

3 Beds 3 Baths 1,836 sqft Built 2001

$279,900

List Price

$1,730

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

January 30, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $152.45
  • 2 Days on Market
  • MLS # : 1388033
  • Updated Date : 01/30/2021 at 14:51
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,836 sqft
  • Baths : 2 full , 1 half
Listing Agent

Owning Texas

Listing Agent's Description

Renovation Completed Feb 2021. Plum Creek Subdivision (shown on TV specials) is just south of Austin is the award-winning master-planned, mixed-use community in Kyle, Texas. Your kids can walk just down the same street to Negley elementary school, enjoy the 30-acre lake, two community swimming pools, numerous parks with playscapes, and miles of hike and bike trails. Also within walking distance is the 18-hole public golf course. This corner lot home with a rocking chair front porch is the embodiment of the traditional family home with a separate garage with alley access and tree-lined streets. Open floorplan (living room, dining room, and kitchen) with home-office just inside the front door. Absolute Must See!

SEE MORE

MARKET HIGHLIGHTS

  • Austin metro contributes to 8.4% of Texas state economy i.e. Gross State Product (USMayors.org, 2018)
  • #1 in U.S. Cities attracting the most workers and a preferred destination for job movers (LinkedIn, August 2018; Glassdoor May 2018 )
  • Austin metro economy is worth over $153 billion in Gross Metro Product and projected to grow to $162 billion in 2019 (USMayors.org, 2018)
  • #2 in Top 10 cities for entrepreneurs and start-ups (Business.org, 2018)
  • #3 on Best Cities for Renters (Smart Asset, July 2018)
  • #1 in 125 Best Places to Live in the USA (U.S. News, 2019)
  • Austin metro employment growth is at 3.4% and predicted to grow at 2.9% in 2019 (USMayors.org, 2018)
  • Companies with headquarters and major regional presence in Austin: Dell, Whole Foods, Apple, AMD, IBM, Flextronics, Google, Facebook, National Instruments, and Freescale Semiconductor. Apple announced an investment of $1 billion in a new 133-acre campus in Austin accommodating an additional 5,000 employees.
  • Austin metro has 70% labor force participation rate, one of the highest in the nation and higher than the national rate 62.8% (USMayors.org, 2018)
  • Austin ranks #7 in total venture capital deals flow with $1.84 billion venture funding flowing in to the metro in 2019, an increase of 19.5% from the previous year (Crunchbase News, 2020)

PRICE & RENT TRENDS

Zip Code: 78640

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280kPrice in $124k298k

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

Zip Code: 78640

ZipNIR Market*CityMarket2010Year20002019 Q280090010001100120013001400150016001700Rent in $7011723

* 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
Negley Elementary School Primary Regular 751 46 6
Barton Middle School Middle Regular 1,016 53 8
Hays High School High Regular 2,409 121 6

Negley Elementary School

  • Education Level: Primary
  • # of students: 751
  • # of teachers: 46
6
GreatSchools Rating

Barton Middle School

  • Education Level: Middle
  • # of students: 1,016
  • # of teachers: 53
8
GreatSchools Rating

Hays High School

  • Education Level: High
  • # of students: 2,409
  • # of teachers: 121
6
GreatSchools Rating
 

$251,910$307,890$279,900

PURCHASE PRICE

$1,557$1,903$1,730

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,730
EXPENSES Loan Payment -$972
Property Tax -$644
Property Insurance -$130
HOA -$55
Property Management Fees -$99
CASH FLOW
-$171

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.

$279,900

PROJECTED PRICE

$1,730

PROJECTED RENT

0.62%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.75%
Appreciation Year (1-5) 6.3%
Maintenance Year (1-5) 8.00%
Vacancy 6.72%
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

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$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$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$79,924

INVESTMENT

$79,924

Down Payment
$69,975
Rehab Estimate
$5,750
Closing Costs
$4,199

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$972

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $69,975
Loan Amount $209,925
See What Happens When You Reinvest Cash Flow

1.42

YEARS SAVED

$2,063

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,730

    LIST RENT
  • $0.94

    LIST RENT PER SQFT
  • $1,735

    COMP ESTIMATED VALUE
  • $0.95

    COMP AVG. RENT PER SQFT
Comps Range
$1,695
1$1,6952$1,6953$1,7004$1,7305$1,795
$1,795
RENT COMPS ANALYSIS
  • 5780 Mcnaughton Kyle, TX 4
    • 3 beds 3 baths ∙ 1,836 Sqft ∙ Built 2001 3 beds 3 baths ∙ 1,836 Sqft ∙ Built 2001
    • Rent
    • Rent Per SQFT
    •  
    • $1,730
    • $0.94
    •  
  • 5591 Hartson Kyle, TX 1
    • 3 beds 3 baths ∙ 1,836 Sqft ∙ Built 2001 3 beds 3 baths ∙ 1,836 Sqft ∙ Built 2001
    LEASED 08/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.92
    •  
  • 4465 Mather Kyle, TX 2
    • 4 beds 3 baths ∙ 1,664 Sqft ∙ Built 2001 4 beds 3 baths ∙ 1,664 Sqft ∙ Built 2001
    LEASED 04/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $1.02
    •  
  • 4081 Mather Kyle, TX 3
    • 3 beds 3 baths ∙ 1,872 Sqft ∙ Built 2000 3 beds 3 baths ∙ 1,872 Sqft ∙ Built 2000
    LEASED 09/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.91
    •  
  • 4110 Mather Kyle, TX 5
    • 3 beds 3 baths ∙ 1,920 Sqft ∙ Built 2012 3 beds 3 baths ∙ 1,920 Sqft ∙ Built 2012
    LEASED 06/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.93
    •  
PROPERTY LISTING DETAILS
Kyle Odiorne
1.512.947.5953
Owning Texas
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
Austin/Central Texas Realty Information Services ( ACTRIS)
MLS #: 1388033
Last Updated: 01/30/2021
BESbswy