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9031 La Junta San Antonio, TX 78254

4 Beds 3 Baths 2,421 sqft Built 2017

$338,500

List Price

$2,040

$1.8K - $2.2K

Rent Est.

PROPERTY INFO

January 04, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $139.82
  • 8 Days on Market
  • MLS # : 1501951
  • Updated Date : 01/03/2021 at 18:56
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,421 sqft
  • Baths : 3 full
Listing Agent

Texas Premier Realty

Listing Agent's Description

Immaculate, well kept 4 bedroom 3 full bath home in the highly desirable Stillwater Ranch community. This 2 story home offers an open concept, spacious living area with high vaulted ceilings. Granite kitchen countertops, gas cooking, dual water heaters, sizable bedrooms, with a master and secondary bedroom downstairs. Master bedroom offers his and hers separate vanities, standing shower, garden tub and with walk-in closets. Two additional bedrooms are located at second floor with a jack-n-jill connecting bathroom. The exterior of home offers a solar panel system to minimize electricity cost significantly, 4 sided brick, in wall pest control, irrigation system (front and back) and removable storage shed that will convey. A short distance from elementary school, playground, and pool! Minutes away from Alamo Ranch shopping center, HWY 151, and top rated schools!

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
 

$304,650$372,350$338,500

PURCHASE PRICE

$1,836$2,244$2,040

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,040
EXPENSES Loan Payment -$1,176
Property Tax -$756
Property Insurance -$167
HOA -$52
Property Management Fees -$99
CASH FLOW
-$209

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.

$338,500

PROJECTED PRICE

$2,040

PROJECTED RENT

0.60%

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$900k

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$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$95,453

INVESTMENT

$95,453

Down Payment
$84,625
Rehab Estimate
$5,750
Closing Costs
$5,078

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,176

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $84,625
Loan Amount $253,875
See What Happens When You Reinvest Cash Flow

0.58

YEARS SAVED

$932

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,040

    LIST RENT
  • $0.84

    LIST RENT PER SQFT
  • $2,040

    COMP ESTIMATED VALUE
  • $0.84

    COMP AVG. RENT PER SQFT
Comps Range
$2,000
1$2,0002$2,0403$2,0504$2,1055$2,150
$2,150
RENT COMPS ANALYSIS
  • 9031 La Junta San Antonio, TX 2
    • 4 beds 3 baths ∙ 2,421 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,421 Sqft ∙ Built 2017
    • Rent
    • Rent Per SQFT
    •  
    • $2,040
    • $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
Stephanie Medina
1.210.771.0964
Texas Premier Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1501951
Last Updated: 01/03/2021
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