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7060 Beech Trail Dr San Antonio, TX 78244

3 Beds 3 Baths 1,807 sqft Built 1985

$195,000

List Price

$1,400

$1.3K - $1.5K

Rent Est.

PROPERTY INFO

January 29, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1985
  • Price/Sqft : $107.91
  • 3 Days on Market
  • MLS # : 1506813
  • Updated Date : 01/29/2021 at 21:42
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,807 sqft
  • Baths : 2 full , 1 half
Listing Agent

Vortex Realty

Listing Agent's Description

This beautifully updated 3 bed / 2 .5 bath 1,800+ sq ft home with tons of upgraded features is 100% turn-key and move-in ready for your family. An extraordinarily HUGE fenced in yard on a greenbelt surrounds this wonderfully appointed home. New wood flooring in all the bedrooms and on the stairs. All 3 baths were recently remodeled and fresh interior paint and ceiling fans throughout the home. The large downstairs master suite has its own private access to the patio/deck and features large dual walk-in closets, and a huge new shower. SMART Home technology includes a brand new super-efficient/high-end HVAC system with viral Blu-light sterilizing and multi-zones with a 10-year transferable warranty. New high-end water-heater and water-softener with transferable warranties were just installed as well. The roof was replaced 3 years ago. The welcoming community pool, tennis courts and clubhouse are just steps away. You must see this beautiful home that sits on a full quarter acre lot before it's gone. Close proximity to Randolph AFB, shopping, and highways.

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: Ventura

NeighborhoodNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $86k205k

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

Neighborhood: Ventura

NeighborhoodNIR Market*CityMarket2010Year20002019 Q27508008509009501000105011001150120012501300135014001450Rent in $7491472

* 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
Spring Meadows Elementary School Primary Regular 661 50 4
Woodlake Hills Middle School Middle Regular 956 60 4
Judson High School High Regular 3,628 204 3

Spring Meadows Elementary School

  • Education Level: Primary
  • # of students: 661
  • # of teachers: 50
4
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
 

$175,500$214,500$195,000

PURCHASE PRICE

$1,260$1,540$1,400

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,400
EXPENSES Loan Payment -$677
Property Tax -$435
Property Insurance -$131
HOA -$23
Property Management Fees -$99
CASH FLOW
$35

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 17% of earned rent to cover both maintenance and periods of vacancy.

$195,000

PROJECTED PRICE

$1,400

PROJECTED RENT

0.72%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 9.1%
Maintenance Year (1-5) 8.00%
Vacancy 9.02%
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-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$57,425

INVESTMENT

$57,425

Down Payment
$48,750
Rehab Estimate
$5,750
Closing Costs
$2,925

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$677

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $48,750
Loan Amount $146,250
See What Happens When You Reinvest Cash Flow

3.5

YEARS SAVED

$5,890

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,400

    LIST RENT
  • $0.77

    LIST RENT PER SQFT
  • $1,396

    COMP ESTIMATED VALUE
  • $0.77

    COMP AVG. RENT PER SQFT
Comps Range
$1,349
1$1,3492$1,3503$1,3754$1,3955$1,400
$1,400
RENT COMPS ANALYSIS
  • 7060 Beech Trail Dr San Antonio, TX 5
    • 3 beds 3 baths ∙ 1,807 Sqft ∙ Built 1985 3 beds 3 baths ∙ 1,807 Sqft ∙ Built 1985
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.77
    •  
  • 7150 Elk Trail San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,825 Sqft ∙ Built 1983 3 beds 2 baths ∙ 1,825 Sqft ∙ Built 1983
    LEASED 04/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,349
    • $0.74
    •  
  • 7130 Elk Trail San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,875 Sqft ∙ Built 1983 3 beds 2 baths ∙ 1,875 Sqft ∙ Built 1983
    LEASED 03/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.72
    •  
  • 7347 Longing Trail San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,664 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,664 Sqft ∙ Built 1986
    LEASED 01/29/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,375
    • $0.83
    •  
  • 8139 Seldon Trail San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,752 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,752 Sqft ∙ Built 1986
    LEASED 01/17/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.80
    •  
PROPERTY LISTING DETAILS
Mark Bornemann
1.210.999.0714
Vortex Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1506813
Last Updated: 01/29/2021
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