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

9231 Tree Village San Antonio, TX 78250

3 Beds 2 Baths 1,276 sqft Built 1986

$139,900

List Price

$1,290

$1.2K - $1.4K

Rent Est.

PROPERTY INFO

January 16, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1986
  • Price/Sqft : $109.64
  • 2 Days on Market
  • MLS # : 1504401
  • Updated Date : 01/16/2021 at 15:48
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,276 sqft
  • Baths : 2 full
Listing Agent

The Horn Company Residental

Listing Agent's Description

One Owner Home in the Great Northwest. 3/2 One Story ,A Little TLC and clean up this could be a great first home or investment property. Priced below Tax Appraisal. This is a AS/IS sale. Seller will do no Repairs. Please verify all information provided. Owner is a Collector. A Few personal items will still be removed prior to closing but clean up will be buyers responsibility. Owner has water turned off due to possible water main leak. (green spot in grass)

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
Northwest Crossing Elementary School Primary Regular 613 43 7
Zachry Middle School Middle Regular 1,076 64 4
Taft High School High Regular 2,901 174 7

Northwest Crossing Elementary School

  • Education Level: Primary
  • # of students: 613
  • # of teachers: 43
7
GreatSchools Rating

Zachry Middle School

  • Education Level: Middle
  • # of students: 1,076
  • # of teachers: 64
4
GreatSchools Rating

Taft High School

  • Education Level: High
  • # of students: 2,901
  • # of teachers: 174
7
GreatSchools Rating
 

$125,910$153,890$139,900

PURCHASE PRICE

$1,161$1,419$1,290

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,290
EXPENSES Loan Payment -$486
Property Tax -$318
Property Insurance -$101
HOA -$24
Property Management Fees -$99
CASH FLOW
$263

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.

$139,900

PROJECTED PRICE

$1,290

PROJECTED RENT

0.92%

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

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$42,824

INVESTMENT

$42,824

Down Payment
$34,975
Rehab Estimate
$5,750
Closing Costs
$2,099

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$486

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $34,975
Loan Amount $104,925
See What Happens When You Reinvest Cash Flow

11.33

YEARS SAVED

$24,036

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,290

    LIST RENT
  • $1.01

    LIST RENT PER SQFT
  • $1,292

    COMP ESTIMATED VALUE
  • $1.01

    COMP AVG. RENT PER SQFT
Comps Range
$1,200
1$1,2002$1,2493$1,2904$1,2955$1,295
$1,295
RENT COMPS ANALYSIS
  • 9231 Tree Village San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,276 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,276 Sqft ∙ Built 1986
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,290
    • $1.01
    •  
  • 9342 Village Lance San Antonio, TX 1
    • 3 beds 3 baths ∙ 1,177 Sqft ∙ Built 1986 3 beds 3 baths ∙ 1,177 Sqft ∙ Built 1986
    property image
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $1.02
    •  
  • 9415 Valley Moss San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 1985 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 1985
    property image
    LEASED 01/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,249
    • $1.00
    •  
  • 9450 Valley Moss San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,281 Sqft ∙ Built 1985 3 beds 2 baths ∙ 1,281 Sqft ∙ Built 1985
    property image
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $1.01
    •  
  • 6134 Valley Tree San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,272 Sqft ∙ Built 1984 3 beds 2 baths ∙ 1,272 Sqft ∙ Built 1984
    property image
    LEASED 07/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $1.02
    •  
PROPERTY LISTING DETAILS
Patrick Gorden
1.210.326.6031
The Horn Company Residental
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1504401
Last Updated: 01/16/2021
BESbswy