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7090 Valley Brook Drive Frisco, TX 75035

4 Beds 3 Baths 2,563 sqft Built 2006

$445,100

List Price

$2,400

$2.2K - $2.6K

Rent Est.

PROPERTY INFO

January 28, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $173.66
  • 4 Days on Market
  • MLS # : 14508238
  • Updated Date : 01/28/2021 at 15:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,563 sqft
  • Baths : 3 full
Listing Agent

Berkshire Hathawayhs Penfed Tx

Listing Agent's Description

This is the home you have been looking for in Hunters Creek! Excellent 4 bedroom, 3 bathroom home on an oversized corner lot! Open living spaces give this single story a free flow feel with beautiful hand-scraped hardwoods throughout the living areas, crown molding, and beautiful designer lighting. The elegant kitchen features dark granite countertops, tile flooring, a gorgeous island, oak cabinetry, and a gas range. The primary bedroom is a relaxing retreat with wood type flooring, high ceilings, and an en-suite bathroom that offers a deep soaking tub, glassed-in shower and large walk-in closet. Soak in the sun on the extended back patio and enjoy the privacy with the board on board fencing. New roof.

SEE MORE

MARKET HIGHLIGHTS

  • . 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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Hunters Creek

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550kPrice in $123k575k

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

Neighborhood: Hunters Creek

NeighborhoodNIR Market*CityMarket2010Year20002019 Q212001400160018002000220024002600280030003200Rent in $11263378

* 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
Bert And Eloise Isbell Elementary School Primary Regular 687 38 10
Billy Vandeventer Middle School Middle Unknown NA
Liberty High School High Regular 2,039 137 9

Bert And Eloise Isbell Elementary School

  • Education Level: Primary
  • # of students: 687
  • # of teachers: 38
10
GreatSchools Rating

Billy Vandeventer Middle School

  • Education Level: Middle
  • # of students:
  • # of teachers:
NA
GreatSchools Rating

Liberty High School

  • Education Level: High
  • # of students: 2,039
  • # of teachers: 137
9
GreatSchools Rating
 

$400,590$489,610$445,100

PURCHASE PRICE

$2,160$2,640$2,400

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,400
EXPENSES Loan Payment -$1,546
Property Tax -$882
Property Insurance -$175
HOA -$60
Property Management Fees -$99
CASH FLOW
-$363

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.

$445,100

PROJECTED PRICE

$2,400

PROJECTED RENT

0.54%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.00%
Appreciation Year (1-5) 4.8%
Maintenance Year (1-5) 8.00%
Vacancy 7.37%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$123,702

INVESTMENT

$123,702

Down Payment
$111,275
Rehab Estimate
$5,750
Closing Costs
$6,677

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,546

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $111,275
Loan Amount $333,825
See What Happens When You Reinvest Cash Flow

0.83

YEARS SAVED

$1,638

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,400

    LIST RENT
  • $0.94

    LIST RENT PER SQFT
  • $2,441

    COMP ESTIMATED VALUE
  • $0.95

    COMP AVG. RENT PER SQFT
Comps Range
$2,100
1$2,1002$2,2003$2,3954$2,4005$2,900
$2,900
RENT COMPS ANALYSIS
  • 7090 Valley Brook Drive Frisco, TX 4
    • 4 beds 3 baths ∙ 2,563 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,563 Sqft ∙ Built 2006
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $0.94
    •  
  • 15669 Buffalo Creek Drive Frisco, TX 1
    • 4 beds 2 baths ∙ 2,330 Sqft ∙ Built 2001 4 beds 2 baths ∙ 2,330 Sqft ∙ Built 2001
    property image
    LEASED 08/12/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.90
    •  
  • 6400 Aldridge Drive Frisco, TX 2
    • 3 beds 2 baths ∙ 2,297 Sqft ∙ Built 2002 3 beds 2 baths ∙ 2,297 Sqft ∙ Built 2002
    property image
    LEASED 07/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.96
    •  
  • 15650 Brookwood Drive Frisco, TX 3
    • 3 beds 4 baths ∙ 2,514 Sqft ∙ Built 2001 3 beds 4 baths ∙ 2,514 Sqft ∙ Built 2001
    property image
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,395
    • $0.95
    •  
  • 6804 Royal View Drive Mckinney, TX 5
    • 4 beds 4 baths ∙ 2,905 Sqft ∙ Built 2018 4 beds 4 baths ∙ 2,905 Sqft ∙ Built 2018
    property image
    LEASED 01/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $1.00
    •  
PROPERTY LISTING DETAILS
Wendy Galloway
Berkshire Hathawayhs Penfed Tx
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14508238
Last Updated: 01/28/2021
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