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6814 Liberty Stone San Antonio, TX 78244

4 Beds 3 Baths 2,439 sqft Built 2009

$219,900

List Price

$1,530

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

November 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2009
  • Price/Sqft : $90.16
  • 5 Days on Market
  • MLS # : 1494611
  • Updated Date : 11/12/2020 at 02:21
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,439 sqft
  • Baths : 2 full , 1 half
Listing Agent

Texas Premier Realty

Listing Agent's Description

Don't miss out on this Great 4 bedroom Master down, Huge game room plan*Featuring 2 Eating areas, 2 Living areas, and Plenty of Cabinets and Counter space for those Holiday get togethers*Granite tile for Counters and Designer Travertine backsplash for not only the Kitchen but the Half bath as Well*Fans Throughout the Home except 1 Kids room*He's/ hers sinks in Master bath with Separate shower and Garden Tub*Great curb appeal with Front Porch and Mature trees*Nice size backyard with Covered patio, Shed and more Mature Trees*Minutes from Randolph, 35N and 1604*Ready for a New Homeowner!

SEE MORE

MARKET HIGHLIGHTS

  • San Antonio metro economy is worth $130 billion in Gross Metro Product and projected to grow to $136 billion in 2019 (USMayors.org, 2018)
  • 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)

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
Hartman Elementary School Primary Regular 801 52 5
Woodlake Hills Middle School Middle Regular 956 60 4
Judson High School High Regular 3,628 204 3

Hartman Elementary School

  • Education Level: Primary
  • # of students: 801
  • # of teachers: 52
5
GreatSchools Rating

Woodlake Hills Middle School

  • Education Level: Middle
  • # of students: 956
  • # of teachers: 60
4
GreatSchools Rating

Judson High School

  • Education Level: High
  • # of students: 3,628
  • # of teachers: 204
3
GreatSchools Rating
 

$197,910$241,890$219,900

PURCHASE PRICE

$1,377$1,683$1,530

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,530
EXPENSES Loan Payment -$811
Property Tax -$491
Property Insurance -$168
HOA -$32
Property Management Fees -$99
CASH FLOW
-$71

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.

$219,900

PROJECTED PRICE

$1,530

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

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$64,024

INVESTMENT

$64,024

Down Payment
$54,975
Rehab Estimate
$5,750
Closing Costs
$3,299

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$811

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $54,975
Loan Amount $164,925
See What Happens When You Reinvest Cash Flow

1.33

YEARS SAVED

$2,171

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,530

    LIST RENT
  • $0.63

    LIST RENT PER SQFT
  • $1,524

    COMP ESTIMATED VALUE
  • $0.63

    COMP AVG. RENT PER SQFT
Comps Range
$1,450
1$1,4502$1,5303$1,5954$1,5995$1,650
$1,650
RENT COMPS ANALYSIS
  • 6814 Liberty Stone San Antonio, TX 2
    • 4 beds 3 baths ∙ 2,439 Sqft ∙ Built 2009 4 beds 3 baths ∙ 2,439 Sqft ∙ Built 2009
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,530
    • $0.63
    •  
  • 6618 Drifting Sky San Antonio, TX 1
    • 4 beds 3 baths ∙ 2,485 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,485 Sqft ∙ Built 2006
    property image
    LEASED 01/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.58
    •  
  • 6703 Gunlock Crk San Antonio, TX 3
    • 4 beds 3 baths ∙ 2,485 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,485 Sqft ∙ Built 2006
    property image
    LEASED 08/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.64
    •  
  • 7727 Eastbrook Farm San Antonio, TX 4
    • 4 beds 3 baths ∙ 2,585 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,585 Sqft ∙ Built 2004
    property image
    LEASED 02/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,599
    • $0.62
    •  
  • 6854 Cutting Creek San Antonio, TX 5
    • 4 beds 3 baths ∙ 2,485 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,485 Sqft ∙ Built 2006
    property image
    LEASED 08/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.66
    •  
PROPERTY LISTING DETAILS
Daniel Rodriguez
1.210.835.8508
Texas Premier Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1494611
Last Updated: 11/12/2020
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