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7819 Pecan Heights San Antonio, TX 78244

4 Beds 3 Baths 2,399 sqft Built 1999

$219,000

List Price

$1,520

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

November 20, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1999
  • Price/Sqft : $91.29
  • 3 Days on Market
  • MLS # : 1496189
  • Updated Date : 11/20/2020 at 21:36
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,399 sqft
  • Baths : 2 full , 1 half
Listing Agent

Bhhs Don Johnson, Realtors

Listing Agent's Description

WELCOME TO A ONE OF A KIND PICTURESQUE HOME! A VERY BEAUTIFUL FOUR BEDROOM, TWO & 1/2 BATHROOM HOME NESTLED IN A BOUTIQUE COMMUNITY BTWN FT SAM HOUSTON & RANDOLPH AIR FORCE BASE. ARCHITECTURALLY DESIGNED, OPEN CONCEPT HOME FOR OPTIMAL ENTERTAINING & PLENTIFUL RELAXATION. LUXE UPGRADES INCLUDE DESIRABLE TILE THROUGHOUT LIVING ROOM, AND DINNING ROOM. SPECTACULAR WOOD STAIRCASE W/ LAMINATE FLOOR ON UPSTAIRS LANDING! BREATHTAKING SPACIOUS MASTER BEDROOM W/ LARGE WALK IN CLOSET W/ PLENTY OF SPACE. FRENCH DOORS OPEN UP TO AN EXTENSIVE DESIGN OF A STUNNING WOODEN COVERED DECK. NO REAR NEIGHBORS AND PLENTY OF YARD FOR KIDS. AMAZING SPACIOUS KITCHEN W/ GORGEOUS GRANITE AND SLEEK BACKSPLASH. ENORMOUS PANTRY FOR TONS OF STORAGE AND ALL BATHROOMS HAVE BEEN WONDERFULLY UPGRADED. DESIGNER PAINT THROUGHOUT HOME! THIS IS A MUST SEE! USDA ELIGIBLE AREA FOR ZERO DOWN PAYMENT.

SEE MORE

MARKET HIGHLIGHTS

  • The metro contributes to 7.2 percent of Texas state economy i.e. Gross State Product (USMayors.org, 2018)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Brentfield

NeighborhoodNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $86k205k

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

Neighborhood: Brentfield

NeighborhoodNIR Market*CityMarket2010Year20002019 Q28008509009501000105011001150120012501300135014001450Rent in $7521472

* 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
Woodlake Elementary School Primary Regular 712 48 3
Metzger Middle School Middle Regular 967 57 3
Wagner High School High Regular 2,274 138 3

Woodlake Elementary School

  • Education Level: Primary
  • # of students: 712
  • # of teachers: 48
3
GreatSchools Rating

Metzger Middle School

  • Education Level: Middle
  • # of students: 967
  • # of teachers: 57
3
GreatSchools Rating

Wagner High School

  • Education Level: High
  • # of students: 2,274
  • # of teachers: 138
3
GreatSchools Rating
 

$197,100$240,900$219,000

PURCHASE PRICE

$1,368$1,672$1,520

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,520
EXPENSES Loan Payment -$808
Property Tax -$489
Property Insurance -$165
HOA -$18
Property Management Fees -$99
CASH FLOW
-$59

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.

$219,000

PROJECTED PRICE

$1,520

PROJECTED RENT

0.69%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 7.4%
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-$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$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$63,785

INVESTMENT

$63,785

Down Payment
$54,750
Rehab Estimate
$5,750
Closing Costs
$3,285

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$808

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $54,750
Loan Amount $164,250
See What Happens When You Reinvest Cash Flow

1.92

YEARS SAVED

$3,090

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,520

    LIST RENT
  • $0.63

    LIST RENT PER SQFT
  • $1,505

    COMP ESTIMATED VALUE
  • $0.63

    COMP AVG. RENT PER SQFT
Comps Range
$1,495
1$1,4952$1,4953$1,5204$1,5455$1,550
$1,550
RENT COMPS ANALYSIS
  • 7819 Pecan Heights San Antonio, TX 3
    • 4 beds 3 baths ∙ 2,399 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,399 Sqft ∙ Built 1999
    • Rent
    • Rent Per SQFT
    •  
    • $1,520
    • $0.63
    •  
  • 7922 Pecan Heights San Antonio, TX 1
    • 4 beds 3 baths ∙ 2,538 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,538 Sqft ∙ Built 1999
    LEASED 01/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.59
    •  
  • 6314 Pioneer Point Dr San Antonio, TX 2
    • 3 beds 3 baths ∙ 2,340 Sqft ∙ Built 2001 3 beds 3 baths ∙ 2,340 Sqft ∙ Built 2001
    LEASED 04/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.64
    •  
  • 6125 Ferrysage Dr San Antonio, TX 4
    • 4 beds 3 baths ∙ 2,538 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,538 Sqft ∙ Built 2000
    LEASED 05/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,545
    • $0.61
    •  
  • 8002 Chestnut Barr Dr Converse, TX 5
    • 4 beds 3 baths ∙ 2,300 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,300 Sqft ∙ Built 1994
    LEASED 03/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.67
    •  
PROPERTY LISTING DETAILS
Jason Gutierrez
1.210.897.6859
Bhhs Don Johnson, Realtors
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1496189
Last Updated: 11/20/2020
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