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7755 Sunnydale Court Fort Worth, TX 76137

4 Beds 3 Baths 2,691 sqft Built 1998

$329,000

List Price

$2,100

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

January 01, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1998
  • Price/Sqft : $122.26
  • 3 Days on Market
  • MLS # : 14492818
  • Updated Date : 01/02/2021 at 18:39
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,691 sqft
  • Baths : 2 full , 1 half
Listing Agent

Ace Realty Partners

Listing Agent's Description

Grand and spacious 2-story pool home in Keller ISD! No through traffic in this cul-de-sac neighborhood. This one owner home has been beautifully updated with NEW carpet, tile, granite countertops, fixtures, painted kitchen cabinets. Open and bright with tons of windows. Refrigerator stays. Brick gas fireplace for added warmth during our cool Texas winter days. Freshly painted interior and exterior. Views of the pool from the main floor bedroom. MBed closet is 12x9! Plan your backyard parties this summer around this beautiful gunite splash pool that was re-coated 3 yr ago. All NEW pool equipment in 2020. Contact LA2 for questions about the home. Information is deemed reliable but not guaranteed.

SEE MORE

MARKET HIGHLIGHTS

  • # 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)
  • . Dallas has 7th largest concentration of high-tech jobs in the U.S. (Dallas Chamber)

PRICE & RENT TRENDS

Neighborhood: Summerfields

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240kPrice in $88k243k

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

Neighborhood: Summerfields

NeighborhoodNIR Market*CityMarket2010Year20002019 Q290010001100120013001400150016001700Rent in $8851734

* 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
Bluebonnet Elementary School Primary Regular 646 42 5
Fossil Hill Middle School Middle Regular 918 66 6
Fossil Ridge High School High Regular 2,308 133 7

Bluebonnet Elementary School

  • Education Level: Primary
  • # of students: 646
  • # of teachers: 42
5
GreatSchools Rating

Fossil Hill Middle School

  • Education Level: Middle
  • # of students: 918
  • # of teachers: 66
6
GreatSchools Rating

Fossil Ridge High School

  • Education Level: High
  • # of students: 2,308
  • # of teachers: 133
7
GreatSchools Rating
 

$296,100$361,900$329,000

PURCHASE PRICE

$1,890$2,310$2,100

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,100
EXPENSES Loan Payment -$1,214
Property Tax -$754
Property Insurance -$183
Property Management Fees -$99
CASH FLOW
-$150

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.

$329,000

PROJECTED PRICE

$2,100

PROJECTED RENT

0.64%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.74%
Appreciation Year (1-5) 11.7%
Maintenance Year (1-5) 8.00%
Vacancy 6.69%
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-$6.0k-$4.0k-$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$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$92,935

INVESTMENT

$92,935

Down Payment
$82,250
Rehab Estimate
$5,750
Closing Costs
$4,935

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,214

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $82,250
Loan Amount $246,750
See What Happens When You Reinvest Cash Flow

2.17

YEARS SAVED

$6,065

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,100

    LIST RENT
  • $0.78

    LIST RENT PER SQFT
  • $1,924

    COMP ESTIMATED VALUE
  • $0.72

    COMP AVG. RENT PER SQFT
Comps Range
$1,795
1$1,7952$1,9003$1,9954$2,1005$2,125
$2,125
RENT COMPS ANALYSIS
  • 7755 Sunnydale Court Fort Worth, TX 4
    • 4 beds 2 baths ∙ 2,691 Sqft ∙ Built 1998 4 beds 2 baths ∙ 2,691 Sqft ∙ Built 1998
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.78
    •  
  • 4608 Parkview Lane Fort Worth, TX 1
    • 4 beds 3 baths ∙ 2,557 Sqft ∙ Built 1996 4 beds 3 baths ∙ 2,557 Sqft ∙ Built 1996
    LEASED 06/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.70
    •  
  • 7762 Teal Drive Fort Worth, TX 2
    • 4 beds 3 baths ∙ 2,722 Sqft ∙ Built 1995 4 beds 3 baths ∙ 2,722 Sqft ∙ Built 1995
    LEASED 05/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.70
    •  
  • 8008 Rushmore Road Fort Worth, TX 3
    • 4 beds 3 baths ∙ 2,802 Sqft ∙ Built 1993 4 beds 3 baths ∙ 2,802 Sqft ∙ Built 1993
    LEASED 09/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.71
    •  
  • 4908 Park Brook Drive Fort Worth, TX 5
    • 4 beds 3 baths ∙ 2,827 Sqft ∙ Built 1997 4 beds 3 baths ∙ 2,827 Sqft ∙ Built 1997
    LEASED 10/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,125
    • $0.75
    •  
PROPERTY LISTING DETAILS
Alexander Sadler
Ace Realty Partners
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14492818
Last Updated: 01/02/2021
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