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6135 Hackberry Pond San Antonio, TX 78244

5 Beds 4 Baths 2,678 sqft Built 2015

$242,500

List Price

$1,700

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2015
  • Price/Sqft : $90.55
  • 4 Days on Market
  • MLS # : 1512400
  • Updated Date : 03/05/2021 at 05:25
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,678 sqft
  • Baths : 3 full , 1 half
Listing Agent

Exp Realty, Llc

Listing Agent's Description

This beautiful two-story home on a corner lot features a 5 bedroom 3.5 bath and 2678 square feet of living space. The first floor offers a separate dining area adjacent to a large open kitchen with eat-in breakfast bar. The kitchen opens to a spacious living room that extends to a large covered patio, perfect for outdoor dining! Master suite on the first floor, which features a separate tub and shower and large walk-in closet. The second floor has a huge spacious loft to entertain and two full baths and four bedrooms. Built in 2015, no need to wait for your home to be built in this tough market. Your home is here!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: East San Antonio

ZipNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $67k204k

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

Neighborhood: East San Antonio

NeighborhoodNIR Market*CityMarket2010Year20002019 Q270080090010001100120013001400Rent in $6791456

* 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
Masters Elementary School Primary Regular 757 45 6
Metzger Middle School Middle Regular 967 57 3
Wagner High School High Regular 2,274 138 3

Masters Elementary School

  • Education Level: Primary
  • # of students: 757
  • # of teachers: 45
6
GreatSchools Rating

Metzger Middle School

  • Education Level: Middle
  • # of students: 967
  • # of teachers: 57
3
GreatSchools Rating

Wagner High School

  • Education Level: High
  • # of students: 2,274
  • # of teachers: 138
3
GreatSchools Rating
 

$218,250$266,750$242,500

PURCHASE PRICE

$1,530$1,870$1,700

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,700
EXPENSES Loan Payment -$842
Property Tax -$569
Property Insurance -$182
HOA -$21
Property Management Fees -$99
CASH FLOW
-$13

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 18% of earned rent to cover both maintenance and periods of vacancy.

$242,500

PROJECTED PRICE

$1,700

PROJECTED RENT

0.70%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 6.2%
Maintenance Year (1-5) 8.00%
Vacancy 9.54%
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$70,013

INVESTMENT

$70,013

Down Payment
$60,625
Rehab Estimate
$5,750
Closing Costs
$3,638

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$842

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $60,625
Loan Amount $181,875
See What Happens When You Reinvest Cash Flow

2.17

YEARS SAVED

$3,518

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,700

    LIST RENT
  • $0.63

    LIST RENT PER SQFT
  • $1,794

    COMP ESTIMATED VALUE
  • $0.67

    COMP AVG. RENT PER SQFT
Comps Range
$1,700
1$1,7002$1,7253$1,7954$1,8005$1,850
$1,850
RENT COMPS ANALYSIS
  • 6135 Hackberry Pond San Antonio, TX 1
    • 5 beds 4 baths ∙ 2,678 Sqft ∙ Built 2015 5 beds 4 baths ∙ 2,678 Sqft ∙ Built 2015
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.63
    •  
  • 3318 Dunlap Fields Converse, TX 2
    • 5 beds 2 baths ∙ 2,598 Sqft ∙ Built 2010 5 beds 2 baths ∙ 2,598 Sqft ∙ Built 2010
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,725
    • $0.66
    •  
  • 6610 Foster Fields Converse, TX 3
    • 4 beds 3 baths ∙ 2,595 Sqft ∙ Built 2012 4 beds 3 baths ∙ 2,595 Sqft ∙ Built 2012
    LEASED 04/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.69
    •  
  • 6706 Foster Fields Converse, TX 4
    • 4 beds 3 baths ∙ 2,850 Sqft ∙ Built 2012 4 beds 3 baths ∙ 2,850 Sqft ∙ Built 2012
    LEASED 03/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.63
    •  
  • 2331 Salmon Creek San Antonio, TX 5
    • 4 beds 3 baths ∙ 2,629 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,629 Sqft ∙ Built 2017
    LEASED 03/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.70
    •  
PROPERTY LISTING DETAILS
Amanda Castro
1.210.818.1936
Exp Realty, Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1512400
Last Updated: 03/05/2021
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