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8314 Timberwilde St San Antonio, TX 78250

3 Beds 2 Baths 1,733 sqft Built 1979

$239,843

List Price

$1,550

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

October 30, 2020 RECENTLY ADDED
FACTS
  • Built In 1979
  • Price/Sqft : $138.40
  • 5 Days on Market
  • MLS # : 1492455
  • Updated Date : 10/30/2020 at 23:02
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,733 sqft
  • Baths : 2 full
Listing Agent

Option One Real Estate

Listing Agent's Description

Huge trees, 1/4 acre lot, and tons of potential! 3 bedroom 2 bath home on NW side of San Antonio. Close to schools, grocery, and entertainment with a great homeowners amenities center which includes swimming pool, tennis and basketball, and sand volleyball courts! While home does have great potential for updates, there are many recent updates that add great value and appeal inside the home. Beautiful large tiles in the massive living room / kitchen, double ovens, island venthood, ice maker, solid surface counters, and updated cabinets really make the kitchen stand out. Refinished fireplace and paint bring an updated look to the living room, and large windows to the back yard bring in some great natural light. Master bedroom has updated paint and bathroom vanity, and includes a sunken garden tub and stand-up shower along with walk-in closets. The same vaulted ceilings found in the living room are continued in the master bedroom and help create an large, yet comfortable space. Schedule showings 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: Great Northwest

NeighborhoodNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $83k205k

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

Neighborhood: Great Northwest

NeighborhoodNIR Market*CityMarket2010Year20002019 Q27508008509009501000105011001150120012501300135014001450Rent in $7461472

* 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
Timberwilde Elementary School Primary Regular 812 52 5
Connally Middle School Middle Regular 1,049 63 5
Warren High School High Regular 3,052 176 7

Timberwilde Elementary School

  • Education Level: Primary
  • # of students: 812
  • # of teachers: 52
5
GreatSchools Rating

Connally Middle School

  • Education Level: Middle
  • # of students: 1,049
  • # of teachers: 63
5
GreatSchools Rating

Warren High School

  • Education Level: High
  • # of students: 3,052
  • # of teachers: 176
7
GreatSchools Rating
 

$215,859$263,827$239,843

PURCHASE PRICE

$1,395$1,705$1,550

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,550
EXPENSES Loan Payment -$885
Property Tax -$535
Property Insurance -$127
HOA -$21
Property Management Fees -$99
CASH FLOW
-$117

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.

$239,843

PROJECTED PRICE

$1,550

PROJECTED RENT

0.65%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 8.8%
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$800k

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$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$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$69,308

INVESTMENT

$69,308

Down Payment
$59,961
Rehab Estimate
$5,750
Closing Costs
$3,598

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$885

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $59,961
Loan Amount $179,882
See What Happens When You Reinvest Cash Flow

1.25

YEARS SAVED

$1,922

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,550

    LIST RENT
  • $0.89

    LIST RENT PER SQFT
  • $1,555

    COMP ESTIMATED VALUE
  • $0.9

    COMP AVG. RENT PER SQFT
Comps Range
$1,395
1$1,3952$1,4503$1,4504$1,5505$1,595
$1,595
RENT COMPS ANALYSIS
  • 8314 Timberwilde St San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,733 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,733 Sqft ∙ Built 1979
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.89
    •  
  • 5610 Timber Bark Dr San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,584 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,584 Sqft ∙ Built 1995
    LEASED 02/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.88
    •  
  • 5227 Timberhurst San Antonio, TX 2
    • 3 beds 3 baths ∙ 1,606 Sqft ∙ Built 1978 3 beds 3 baths ∙ 1,606 Sqft ∙ Built 1978
    LEASED 01/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.90
    •  
  • 5219 Timberhurst San Antonio, TX 3
    • 3 beds 3 baths ∙ 1,644 Sqft ∙ Built 1978 3 beds 3 baths ∙ 1,644 Sqft ∙ Built 1978
    LEASED 06/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.88
    •  
  • 5603 Timbersteep San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,717 Sqft ∙ Built 1984 3 beds 2 baths ∙ 1,717 Sqft ∙ Built 1984
    LEASED 07/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.93
    •  
PROPERTY LISTING DETAILS
Omar Jackson
1.210.409.5938
Option One Real Estate
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1492455
Last Updated: 10/30/2020
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