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9123 Feather Bluff Helotes, TX 78023

3 Beds 3 Baths 2,180 sqft Built 2004

$268,000

List Price

$1,820

$1.6K - $2K

Rent Est.

PROPERTY INFO

January 22, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $122.94
  • 3 Days on Market
  • MLS # : 1505535
  • Updated Date : 01/22/2021 at 20:31
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,180 sqft
  • Baths : 2 full , 1 half
Listing Agent

Exp Realty Llc

Listing Agent's Description

This meticulously cared for family home is located in the highly coveted, geographically superior, Sonoma Ranch Subdivision. Located just around the corner from Seaworld, UTSA, Fiesta Texas, Shops at La Cantera and much more. Enjoy relaxing afternoons on the back patio while your friends and family frolic in the expansive .19 Acre, corner lot, tree studded backyard while you fire up the BBQ after a long day at the Community Pool. The home is nicely appointed with custom ceramic tile and high end laminate on the first floor, massive owners retreat upstairs with fresh paint and custom fixtures, game room, custom room paint theme for the little adventure in the family, recently replaced fence section on the curbside and ample parking for family gatherings. All packaged in one of the most popular floor plans in the area! Priced to sell today!

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: Sonoma Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320k340kPrice in $91k355k

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

Neighborhood: Sonoma Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001200140016001800200022002400Rent in $8692486

* 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
Beard Elementary School Primary Regular 861 51 10
Hector Garcia Middle School Middle Regular 1,483 85 9
Brandeis High School High Regular 2,593 149 8

Beard Elementary School

  • Education Level: Primary
  • # of students: 861
  • # of teachers: 51
10
GreatSchools Rating

Hector Garcia Middle School

  • Education Level: Middle
  • # of students: 1,483
  • # of teachers: 85
9
GreatSchools Rating

Brandeis High School

  • Education Level: High
  • # of students: 2,593
  • # of teachers: 149
8
GreatSchools Rating
 

$241,200$294,800$268,000

PURCHASE PRICE

$1,638$2,002$1,820

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,820
EXPENSES Loan Payment -$931
Property Tax -$552
Property Insurance -$153
HOA -$32
Property Management Fees -$99
CASH FLOW
$54

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.

$268,000

PROJECTED PRICE

$1,820

PROJECTED RENT

0.68%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.11%
Appreciation Year (1-5) 4.6%
Maintenance Year (1-5) 8.00%
Vacancy 9.32%
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$10k

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$76,770

INVESTMENT

$76,770

Down Payment
$67,000
Rehab Estimate
$5,750
Closing Costs
$4,020

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$931

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $67,000
Loan Amount $201,000
See What Happens When You Reinvest Cash Flow

3.33

YEARS SAVED

$7,581

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,820

    LIST RENT
  • $0.83

    LIST RENT PER SQFT
  • $1,978

    COMP ESTIMATED VALUE
  • $0.91

    COMP AVG. RENT PER SQFT
Comps Range
$1,800
1$1,8002$1,8203$1,8954$1,9005$2,000
$2,000
RENT COMPS ANALYSIS
  • 9123 Feather Bluff Helotes, TX 2
    • 3 beds 3 baths ∙ 2,180 Sqft ∙ Built 2004 3 beds 3 baths ∙ 2,180 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $1,820
    • $0.83
    •  
  • 13722 Riverbank Pass Helotes, TX 1
    • 3 beds 3 baths ∙ 2,059 Sqft ∙ Built 2004 3 beds 3 baths ∙ 2,059 Sqft ∙ Built 2004
    LEASED 09/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.87
    •  
  • 14303 Sonora Bend Helotes, TX 3
    • 3 beds 3 baths ∙ 2,087 Sqft ∙ Built 2003 3 beds 3 baths ∙ 2,087 Sqft ∙ Built 2003
    LEASED 05/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,895
    • $0.91
    •  
  • 8815 Gustine Dr Helotes, TX 4
    • 4 beds 2 baths ∙ 1,991 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,991 Sqft ∙ Built 2005
    LEASED 08/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.95
    •  
  • 13718 Sonora Blf Helotes, TX 5
    • 3 beds 3 baths ∙ 2,231 Sqft ∙ Built 2004 3 beds 3 baths ∙ 2,231 Sqft ∙ Built 2004
    LEASED 06/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.90
    •  
PROPERTY LISTING DETAILS
Ramsey Adams
1.210.286.1260
Exp Realty Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1505535
Last Updated: 01/22/2021
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