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9635 Wolf Pt San Antonio, TX 78251

3 Beds 3 Baths 2,267 sqft Built 2002

$249,900

List Price

$1,550

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
July 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2002
  • Price/Sqft : $110.23
  • 1 Days on Market
  • MLS # : 1545218
  • Updated Date : 07/13/2021 at 05:12
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,267 sqft
  • Baths : 2 full , 1 half
Listing Agent

Exp Realty, Llc

Listing Agent's Description

Well kept single-family home located on the top of a hill in Westover Place Subdivision. This home boasts a window view of downtown San Antonio and is perfect for a family to grow in. Home has brand new vinyl flooring in all wet areas and brand new carpet throughout upstairs. Enjoy the Texas weather on your brand new wooden deck that was built this year. Not to mention the many mature trees along with a budding orange tree & pond! Come fall in love with this home and make it yours!

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*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200k210kPrice in $86k213k

* 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
Murnin Elementary School Primary Regular 915 52 6
Vale Middle School Middle Regular 1,349 78 5
Stevens High School High Regular 2,866 172 4

Murnin Elementary School

  • Education Level: Primary
  • # of students: 915
  • # of teachers: 52
6
GreatSchools Rating

Vale Middle School

  • Education Level: Middle
  • # of students: 1,349
  • # of teachers: 78
5
GreatSchools Rating

Stevens High School

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

$224,910$274,890$249,900

PURCHASE PRICE

$1,395$1,705$1,550

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,550
EXPENSES Loan Payment -$868
Property Tax -$558
Property Insurance -$158
HOA -$29
Property Management Fees -$99
CASH FLOW
-$162

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.

$249,900

PROJECTED PRICE

$1,550

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

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k

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$71,974

INVESTMENT

$71,974

Down Payment
$62,475
Rehab Estimate
$5,750
Closing Costs
$3,749

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 75% down payment or higher enables the proceeds from the asset to cover all costs.

$868

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $62,475
Loan Amount $187,425
See What Happens When You Reinvest Cash Flow

0.58

YEARS SAVED

$600

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,550

    LIST RENT
  • $0.68

    LIST RENT PER SQFT
  • $1,593

    COMP ESTIMATED VALUE
  • $0.7

    COMP AVG. RENT PER SQFT
Comps Range
$1,550
1$1,5502$1,5503$1,5754$1,6255$1,650
$1,650
RENT COMPS ANALYSIS
  • 9635 Wolf Pt San Antonio, TX 2
    • 3 beds 3 baths ∙ 2,267 Sqft ∙ Built 2002 3 beds 3 baths ∙ 2,267 Sqft ∙ Built 2002
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.68
    •  
  • 9538 Wolf Pt San Antonio, TX 1
    • 3 beds 3 baths ∙ 2,263 Sqft ∙ Built 2006 3 beds 3 baths ∙ 2,263 Sqft ∙ Built 2006
    property image
    LEASED 03/03/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.68
    •  
  • 9475 Mulberry Path San Antonio, TX 3
    • 3 beds 3 baths ∙ 2,431 Sqft ∙ Built 2006 3 beds 3 baths ∙ 2,431 Sqft ∙ Built 2006
    property image
    LEASED 08/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $0.65
    •  
  • 9623 Stephens Rnch San Antonio, TX 4
    • 4 beds 3 baths ∙ 2,081 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,081 Sqft ∙ Built 2001
    property image
    LEASED 03/09/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,625
    • $0.78
    •  
  • 9439 Sage Terrace San Antonio, TX 5
    • 4 beds 3 baths ∙ 2,372 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,372 Sqft ∙ Built 2004
    property image
    LEASED 07/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.70
    •  
PROPERTY LISTING DETAILS
Cristian Olvera
1.210.843.5025
Exp Realty, Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1545218
Last Updated: 07/13/2021
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