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8743 Shady Mtn San Antonio, TX 78254

4 Beds 3 Baths 2,414 sqft Built 2017

$327,900

List Price

$2,030

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

December 30, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $135.83
  • 5 Days on Market
  • MLS # : 1501572
  • Updated Date : 12/30/2020 at 20:35
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,414 sqft
  • Baths : 3 full
Listing Agent

Levi Rodgers Real Estate Group

Listing Agent's Description

This glamorous and completely distinctive 4 bedroom, 3 bathroom, 2 story home nestled in the highly coveted Still Water Ranch community, offers 2 living areas and 2 kitchens! Upon entering, one will be welcomed by a tall foyer that leads to a well-lit living room with high soaring ceilings, and an impressive chef's kitchen. Cooking and entertaining will be a delight in this gourmet kitchen, outfitted with an expansive middle island, granite countertops, and custom backsplash. The dreamy downstairs primary bedroom equipped with a spa-like en-suite bathroom including double-vanity sinks, a garden tub, a walk-in shower, and a deep walk-in closet. The main floor also features a lofty laundry room, covered patios, a fully fenced backyard, and a 2-car garage. The upstairs consists of an additional living area, a 4th generously sized bedroom, and a full bathroom. Enjoy the beautiful community that features lighted tennis courts, basketball courts, a 6,000 sq. ft. swimming facility, clubhouse, on-site Scarborough Elementary school, biking, hiking, walking, jogging trails, and much more!

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: West San Antonio

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220kPrice in $86k235k

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

Neighborhood: West San Antonio

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29001000110012001300140015001600Rent in $8451681

* 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
Scarborough Elementary School Primary Regular 788 48 8
Folks Middle School Middle Regular 700 45 NA
Harlan High School High Regular NA

Scarborough Elementary School

  • Education Level: Primary
  • # of students: 788
  • # of teachers: 48
8
GreatSchools Rating

Folks Middle School

  • Education Level: Middle
  • # of students: 700
  • # of teachers: 45
NA
GreatSchools Rating

Harlan High School

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

$295,110$360,690$327,900

PURCHASE PRICE

$1,827$2,233$2,030

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,030
EXPENSES Loan Payment -$1,210
Property Tax -$732
Property Insurance -$166
HOA -$52
Property Management Fees -$99
CASH FLOW
-$229

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.

$327,900

PROJECTED PRICE

$2,030

PROJECTED RENT

0.62%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 3.9%
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$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530-$8.0k-$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$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$92,644

INVESTMENT

$92,644

Down Payment
$81,975
Rehab Estimate
$5,750
Closing Costs
$4,919

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,210

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $81,975
Loan Amount $245,925
See What Happens When You Reinvest Cash Flow

0.58

YEARS SAVED

$1,012

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,030

    LIST RENT
  • $0.84

    LIST RENT PER SQFT
  • $2,034

    COMP ESTIMATED VALUE
  • $0.84

    COMP AVG. RENT PER SQFT
Comps Range
$2,000
1$2,0002$2,0303$2,0504$2,1055$2,150
$2,150
RENT COMPS ANALYSIS
  • 8743 Shady Mtn San Antonio, TX 2
    • 4 beds 3 baths ∙ 2,414 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,414 Sqft ∙ Built 2017
    • Rent
    • Rent Per SQFT
    •  
    • $2,030
    • $0.84
    •  
  • 7634 William Bonney San Antonio, TX 1
    • 4 beds 3 baths ∙ 2,502 Sqft ∙ Built 2013 4 beds 3 baths ∙ 2,502 Sqft ∙ Built 2013
    LEASED 01/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.80
    •  
  • 8225 Lajitas Bend San Antonio, TX 3
    • 4 beds 3 baths ∙ 2,404 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,404 Sqft ∙ Built 2017
    LEASED 04/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,050
    • $0.85
    •  
  • 8948 Study Butte San Antonio, TX 4
    • 4 beds 4 baths ∙ 2,512 Sqft ∙ Built 2016 4 beds 4 baths ∙ 2,512 Sqft ∙ Built 2016
    LEASED 12/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,105
    • $0.84
    •  
  • 8609 Lajitas Bend San Antonio, TX 5
    • 4 beds 3 baths ∙ 2,442 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,442 Sqft ∙ Built 2016
    LEASED 06/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,150
    • $0.88
    •  
PROPERTY LISTING DETAILS
Levi Rodgers
1.210.784.6585
Levi Rodgers Real Estate Group
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1501572
Last Updated: 12/30/2020
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