Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

9135 Port Hudson St San Antonio, TX 78245

3 Beds 2 Baths 1,546 sqft Built 1972

$169,000

List Price

$1,330

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

December 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1972
  • Price/Sqft : $109.31
  • 2 Days on Market
  • MLS # : 1499450
  • Updated Date : 12/12/2020 at 21:01
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,546 sqft
  • Baths : 2 full
Listing Agent

The Gist Group

Listing Agent's Description

WOW!! Updated features in this home - Don't miss out on this fantastic opportunity!! Bathrooms with updated vanities, floor recently put down, Spacious floor plan with open living room area with abundant natural lighting, updated kitchen counter tops. Detached garage also contains workshop space. Large backyard ( more than three quarters of an acre ) with abundant mature trees. Small covered patio in back. This home is being Sold, "As Is" - price reduced accordingly. Don't miss this find & opportunity to buy a beautiful home at a reduced price!!! - Established North-side neighborhood - Easy acess to 410, 151, Seaworld, Lackland AFB, shopping, and dining.

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: Adams Hill

NeighborhoodNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $67k204k

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

Neighborhood: Adams Hill

NeighborhoodNIR Market*CityMarket2010Year20002019 Q270080090010001100120013001400Rent in $6791456

* 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
Adams Hill Elementary School Primary Regular 580 43 4
Pease Middle School Middle Regular 1,139 73 4
Stevens High School High Regular 2,866 172 4

Adams Hill Elementary School

  • Education Level: Primary
  • # of students: 580
  • # of teachers: 43
4
GreatSchools Rating

Pease Middle School

  • Education Level: Middle
  • # of students: 1,139
  • # of teachers: 73
4
GreatSchools Rating

Stevens High School

  • Education Level: High
  • # of students: 2,866
  • # of teachers: 172
4
GreatSchools Rating
 

$152,100$185,900$169,000

PURCHASE PRICE

$1,197$1,463$1,330

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,330
EXPENSES Loan Payment -$624
Property Tax -$405
Property Insurance -$116
Property Management Fees -$99
CASH FLOW
$86

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 18% of earned rent to cover both maintenance and periods of vacancy.

$169,000

PROJECTED PRICE

$1,330

PROJECTED RENT

0.79%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 9.8%
Maintenance Year (1-5) 8.00%
Vacancy 9.54%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k

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$100k$200k$300k$400k$500k$600k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$50,535

INVESTMENT

$50,535

Down Payment
$42,250
Rehab Estimate
$5,750
Closing Costs
$2,535

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$624

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $42,250
Loan Amount $126,750
See What Happens When You Reinvest Cash Flow

4.67

YEARS SAVED

$9,618

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,330

    LIST RENT
  • $0.86

    LIST RENT PER SQFT
  • $1,333

    COMP ESTIMATED VALUE
  • $0.86

    COMP AVG. RENT PER SQFT
Comps Range
$1,200
1$1,2002$1,3303$1,3504$1,3755$1,425
$1,425
RENT COMPS ANALYSIS
  • 9135 Port Hudson St San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,546 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,546 Sqft ∙ Built 1972
    • Rent
    • Rent Per SQFT
    •  
    • $1,330
    • $0.86
    •  
  • 9106 Mobile Bay St San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,516 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,516 Sqft ∙ Built 1972
    LEASED 04/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.79
    •  
  • 2118 Fort Sumter St San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,626 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,626 Sqft ∙ Built 1972
    LEASED 07/09/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.83
    •  
  • 327 Cable Dr San Antonio, TX 4
    • 4 beds 2 baths ∙ 1,590 Sqft ∙ Built 1966 4 beds 2 baths ∙ 1,590 Sqft ∙ Built 1966
    LEASED 01/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,375
    • $0.86
    •  
  • 2107 Dove Crk San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,464 Sqft ∙ Built 1984 3 beds 2 baths ∙ 1,464 Sqft ∙ Built 1984
    LEASED 08/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,425
    • $0.97
    •  
PROPERTY LISTING DETAILS
Zip Gist
1.210.780.7601
The Gist Group
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1499450
Last Updated: 12/12/2020
BESbswy