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706 Green Canyon Court 
Hudson Oaks, TX
76087
4 Beds 4 Baths 3,481 sqft
Built 2016
INVESTimate
$448,000
List Price
$124,470
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PROPERTY INFO
FACTS
- Built In 2016
- Price/Sqft : $128.70
- 3 Days on Market
- MLS # : 14418918
- Updated Date : 08/25/2020 at 09:57
CONSTRUCTION
- Beds : 4
- Floor Size : 3,481 sqft
- Baths : 3 full , 1 half
Listing Agent
Front Real Estate Co
Listing Agent's Description
Don't miss this gorgeous and spacious home in Hudson Oaks. This beautiful brick and stone home greets you with wonderful curb-appeal and entry into a warm space. At the front you will find a study or additional living room and further you will step into the open-concept living, kitchen, and dining areas featuring hand-scraped hardwoods throughout these main living areas and granite counter tops and stainless steel appliances in the kitchen. Also downstairs is the over-sized master suite with spacious en-suite bathroom and views of the backyard. Upstairs, several additional bedrooms and bathrooms can be found along with a large game-room and media-room. Lastly, don't miss the oversized garage and large lot!
SEE MORE
- . Dallas has 7th largest concentration of high-tech jobs in the U.S. (Dallas Chamber)
- # 1 in the country for job growth in 2017 (2.6% growth, 91,700 new jobs) (US Census, Forbes, 2017)
- Dallas metro's economy is worth $579 billion in Gross Metro Product and projected to grow to $613 billion in 2019 (USMayors.org, 2018)
- Home to 20 Fortune 500 headquarters, 39 Fortune 1000 headquarters and 12 of Forbes' top private companies (Fortune)
- Dallas metro contributes to 31.9%% of Texas state economy i.e. Gross State Product (USMayors.org, 2018)
- Dallas metro has 67.1% labor force participation rate higher than the national rate 62.8% (USMayors.org, 2018)
PRICE & RENT TRENDS
Zip Code: 76087
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 76087
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,780 |
| EXPENSES | Loan Payment | -$1,653 |
| Property Tax | -$808 | |
| Property Insurance | -$228 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$8
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.
$448,000
PROJECTED PRICE
$2,780
PROJECTED RENT
0.62%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.94% |
| Appreciation Year (1-5) | 5.99% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.93% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$124,470
LOAN DETAILS
$1,653
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $112,000 |
| Loan Amount | $336,000 |
4.58
YEARS SAVED
$24,963
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,780
LIST RENT -
$0.8
LIST RENT PER SQFT
-
$2,976
COMP ESTIMATED VALUE -
$0.86
COMP AVG. RENT PER SQFT
Comps Range
-
706 Green Canyon Court Hudson Oaks, TX 2
- 3 beds 4 baths ∙ 3,481 Sqft ∙ Built 2016 3 beds 4 baths ∙ 3,481 Sqft ∙ Built 2016
![property image]()
- Rent
- Rent Per SQFT
- $2,780
- $0.80
-
514 Saddle Ridge Trail Weatherford, TX 1
- 4 beds 4 baths ∙ 3,197 Sqft ∙ Built 2006 4 beds 4 baths ∙ 3,197 Sqft ∙ Built 2006
![property image]()
LEASED 08/27/19- Rent
- Rent Per SQFT
- $2,650
- $0.83
-
3516 Wild Turkey Trail Weatherford, TX 3
- 4 beds 4 baths ∙ 3,356 Sqft ∙ Built 2014 4 beds 4 baths ∙ 3,356 Sqft ∙ Built 2014
![property image]()
LEASED 01/21/20- Rent
- Rent Per SQFT
- $2,950
- $0.88
PROPERTY LISTING DETAILS
Front Real Estate Co
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 14418918
Last Updated: 08/25/2020
