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

719 Cypresshill Dr San Antonio, TX 78245

4 Beds 3 Baths 1,377 sqft Built 1985

$200,000

List Price

$1,330

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

December 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1985
  • Price/Sqft : $145.24
  • 3 Days on Market
  • MLS # : 1499319
  • Updated Date : 12/11/2020 at 21:01
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,377 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Heritage

Listing Agent's Description

This beautiful home is located near 4 major highways providing quick and easy access to anywhere you need to go. It offers an open floor plan with a large living room and fire place, breakfast bar and eat-in area. Home also features a gorgeous covered patio and swimming pool. Must come see!!

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: Heritage

NeighborhoodNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $67k204k

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

Neighborhood: Heritage

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
Cody Elementary School Primary Regular 766 55 3
Pease Middle School Middle Regular 1,139 73 4
Stevens High School High Regular 2,866 172 4

Cody Elementary School

  • Education Level: Primary
  • # of students: 766
  • # of teachers: 55
3
GreatSchools Rating

Pease Middle School

  • Education Level: Middle
  • # of students: 1,139
  • # of teachers: 73
4
GreatSchools Rating

Stevens High School

  • Education Level: High
  • # of students: 2,866
  • # of teachers: 172
4
GreatSchools Rating
 

$180,000$220,000$200,000

PURCHASE PRICE

$1,197$1,463$1,330

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,330
EXPENSES Loan Payment -$738
Property Tax -$446
Property Insurance -$107
Property Management Fees -$99
CASH FLOW
-$60

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.

$200,000

PROJECTED PRICE

$1,330

PROJECTED RENT

0.67%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 7.3%
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$58,750

INVESTMENT

$58,750

Down Payment
$50,000
Rehab Estimate
$5,750
Closing Costs
$3,000

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$738

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $50,000
Loan Amount $150,000
See What Happens When You Reinvest Cash Flow

1.67

YEARS SAVED

$2,575

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,330

    LIST RENT
  • $0.97

    LIST RENT PER SQFT
  • $1,298

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$1,295
1$1,2952$1,3303$1,3954$1,3955$1,425
$1,425
RENT COMPS ANALYSIS
  • 719 Cypresshill Dr San Antonio, TX 2
    • 4 beds 3 baths ∙ 1,377 Sqft ∙ Built 1985 4 beds 3 baths ∙ 1,377 Sqft ∙ Built 1985
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,330
    • $0.97
    •  
  • 9707 Bear Creek Dr San Antonio, TX 1
    • 4 beds 2 baths ∙ 1,368 Sqft ∙ Built 1973 4 beds 2 baths ∙ 1,368 Sqft ∙ Built 1973
    property image
    LEASED 01/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.95
    •  
  • 802 Little Angel Cove San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,440 Sqft ∙ Built 1983 3 beds 2 baths ∙ 1,440 Sqft ∙ Built 1983
    property image
    LEASED 03/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.97
    •  
  • 10430 Tippecanoe Dr San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,520 Sqft ∙ Built 1992 3 beds 2 baths ∙ 1,520 Sqft ∙ Built 1992
    property image
    LEASED 09/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.92
    •  
  • 9614 Gold Dust Dr San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,540 Sqft ∙ Built 1974 3 beds 2 baths ∙ 1,540 Sqft ∙ Built 1974
    property image
    LEASED 07/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,425
    • $0.93
    •  
PROPERTY LISTING DETAILS
Francisco Gonzalez
1.210.844.6469
Keller Williams Heritage
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1499319
Last Updated: 12/11/2020
BESbswy