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7621 Leafy Hollow Ct Live Oak, TX 78233

4 Beds 2 Baths 1,144 sqft Built 1972

$160,000

List Price

$1,230

$1.1K - $1.4K

Rent Est.

PROPERTY INFO

November 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1972
  • Price/Sqft : $139.86
  • 4 Days on Market
  • MLS # : 1494697
  • Updated Date : 11/13/2020 at 13:55
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,144 sqft
  • Baths : 2 full
Listing Agent

Exp Realty Llc

Listing Agent's Description

It's so cute, you're going to love it! This one owner home is nestled in Popular Live Oak Village, with quick access to IH-35, shopping, restaurants, and Randolph Air Force Base. This move-in-ready home has fresh interior paint. Tile flooring throughout. Kitchen comes with a new stove, new stainless steel sink, upgraded countertops and new fixtures. Roof was installed in 2019. Enjoy the shade of the mature trees and covered patio in your back yard, complete with a chain link fence. Tons of neighborhood amenities included with NO HOA! This house is MUST SEE! We don't anticipate this house will last on the market very long, so schedule your showing TODAY!

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: Live Oak

ZipNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $83k205k

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

Neighborhood: Live Oak

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29009501000105011001150120012501300135014001450Rent in $8661472

* 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
Crestview Elementary School Primary Regular 568 40 10
Kitty Hawk Middle School Middle Regular 1,298 83 6
Veterans Memorial High School High Regular NA

Crestview Elementary School

  • Education Level: Primary
  • # of students: 568
  • # of teachers: 40
10
GreatSchools Rating

Kitty Hawk Middle School

  • Education Level: Middle
  • # of students: 1,298
  • # of teachers: 83
6
GreatSchools Rating

Veterans Memorial High School

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

$144,000$176,000$160,000

PURCHASE PRICE

$1,107$1,353$1,230

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,230
EXPENSES Loan Payment -$590
Property Tax -$350
Property Insurance -$93
Property Management Fees -$99
CASH FLOW
$98

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.

$160,000

PROJECTED PRICE

$1,230

PROJECTED RENT

0.77%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 4.9%
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

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$48,150

INVESTMENT

$48,150

Down Payment
$40,000
Rehab Estimate
$5,750
Closing Costs
$2,400

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$590

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $40,000
Loan Amount $120,000
See What Happens When You Reinvest Cash Flow

5.83

YEARS SAVED

$12,408

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,230

    LIST RENT
  • $1.08

    LIST RENT PER SQFT
  • $1,173

    COMP ESTIMATED VALUE
  • $1.03

    COMP AVG. RENT PER SQFT
Comps Range
$1,150
1$1,1502$1,1953$1,2004$1,2305$1,340
$1,340
RENT COMPS ANALYSIS
  • 7621 Leafy Hollow Ct Live Oak, TX 4
    • 4 beds 2 baths ∙ 1,144 Sqft ∙ Built 1972 4 beds 2 baths ∙ 1,144 Sqft ∙ Built 1972
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,230
    • $1.08
    •  
  • 12321 Trailing Oaks St Live Oak, TX 1
    • 3 beds 1 baths ∙ 1,032 Sqft ∙ Built 1969 3 beds 1 baths ∙ 1,032 Sqft ∙ Built 1969
    property image
    LEASED 04/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,150
    • $1.11
    •  
  • 12240 Welcome Dr Live Oak, TX 2
    • 3 beds 1 baths ∙ 1,227 Sqft ∙ Built 1970 3 beds 1 baths ∙ 1,227 Sqft ∙ Built 1970
    property image
    LEASED 11/26/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,195
    • $0.97
    •  
  • 7705 Sage Oak St Live Oak, TX 3
    • 3 beds 1 baths ∙ 1,204 Sqft ∙ Built 1969 3 beds 1 baths ∙ 1,204 Sqft ∙ Built 1969
    property image
    LEASED 06/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $1.00
    •  
  • 7610 Borden Oak St Live Oak, TX 5
    • 3 beds 2 baths ∙ 1,316 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,316 Sqft ∙ Built 1978
    property image
    LEASED 11/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,340
    • $1.02
    •  
PROPERTY LISTING DETAILS
Gina Graham
1.210.254.8470
Exp Realty Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1494697
Last Updated: 11/13/2020
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