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8001 Autumn Creek Trail Fort Worth, TX 76134

4 Beds 3 Baths 2,313 sqft Built 2006

$235,999

List Price

$1,700

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

January 28, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $102.03
  • 4 Days on Market
  • MLS # : 14507953
  • Updated Date : 01/30/2021 at 19:16
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,313 sqft
  • Baths : 2 full , 1 half
Listing Agent

Jp And Associates Realtors

Listing Agent's Description

Multiple offer received, best and final Sunday 01.31.2021 by 3:00 PM PLEASE comply with the exact and clear offer instructions, all required documents are available in documents section. House sold as is seller never lived in it and it was used as a rental. Spacious 4 - 2.5 Home in nice gated community of Trails of Willow Creek. First Floor has 2 living areas, kitchen, Dinning and half Bath Second floor Game room, Master with Bathroom and 3 Bedrooms and another full bathroom Home is being sold as-is. needs a little TLC, Owner has never lived in home. Bought as investment property.

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: Trails of Willow Creek

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240kPrice in $88k243k

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

Neighborhood: Trails of Willow Creek

NeighborhoodNIR Market*CityMarket2010Year20002019 Q290010001100120013001400150016001700Rent in $8921734

* 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
Parkway Elementary School Primary Regular 704 42 3
Crowley High School High Regular 2,033 150 4
Crowley High School High Unknown NA

Parkway Elementary School

  • Education Level: Primary
  • # of students: 704
  • # of teachers: 42
3
GreatSchools Rating

Crowley High School

  • Education Level: High
  • # of students: 2,033
  • # of teachers: 150
4
GreatSchools Rating

Crowley High School

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

$212,399$259,599$235,999

PURCHASE PRICE

$1,530$1,870$1,700

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,700
EXPENSES Loan Payment -$820
Property Tax -$541
Property Insurance -$161
HOA -$26
Property Management Fees -$99
CASH FLOW
$53

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.

$235,999

PROJECTED PRICE

$1,700

PROJECTED RENT

0.72%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.74%
Appreciation Year (1-5) 12.4%
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

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$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$68,290

INVESTMENT

$68,290

Down Payment
$59,000
Rehab Estimate
$5,750
Closing Costs
$3,540

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$820

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $59,000
Loan Amount $176,999
See What Happens When You Reinvest Cash Flow

5.08

YEARS SAVED

$12,458

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,700

    LIST RENT
  • $0.73

    LIST RENT PER SQFT
  • $1,862

    COMP ESTIMATED VALUE
  • $0.8

    COMP AVG. RENT PER SQFT
Comps Range
$1,700
1$1,7002$1,7003$1,7504$1,8455$1,950
$1,950
RENT COMPS ANALYSIS
  • 8001 Autumn Creek Trail Fort Worth, TX 2
    • 4 beds 3 baths ∙ 2,313 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,313 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.73
    •  
  • 8416 Prairie Wind Trail Fort Worth, TX 1
    • 3 beds 2 baths ∙ 2,242 Sqft ∙ Built 2004 3 beds 2 baths ∙ 2,242 Sqft ∙ Built 2004
    LEASED 12/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.76
    •  
  • 8100 Sweetwater Lane Fort Worth, TX 3
    • 4 beds 3 baths ∙ 2,175 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,175 Sqft ∙ Built 2001
    LEASED 03/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.80
    •  
  • 417 Dakota Ridge Drive Fort Worth, TX 4
    • 3 beds 3 baths ∙ 2,237 Sqft ∙ Built 2006 3 beds 3 baths ∙ 2,237 Sqft ∙ Built 2006
    LEASED 11/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,845
    • $0.82
    •  
  • 1137 Colchester Court Fort Worth, TX 5
    • 5 beds 4 baths ∙ 2,326 Sqft ∙ Built 2016 5 beds 4 baths ∙ 2,326 Sqft ∙ Built 2016
    LEASED 11/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.84
    •  
PROPERTY LISTING DETAILS
Bassem Roshdy
Jp And Associates Realtors
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14507953
Last Updated: 01/30/2021
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