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3 bedroom, 2.5 bath, office/4th bedroom, 2,737 SF ranch in Woodridge Estates. Built in 2008. Move-in ready. 1,072 SF attached 3 car garage. 474 SF covered patios. 3.48-acre cul-de-sac lot 1.4 MI to entry. Pond. Hill country views. 4.6 MI to Comfort ISD schools. Great neighborhood/Block Group demographics: $1,000,000+ avg. household net worth, projected property $ increase 233% higher vs. San Antonio; low crime; high home values. Commute to San Antonio. Excellent AirBnB home $375 avg. daily rate.
3% BUYER BROKER FEE Only requirement for full payment of buyer broker fee is to submit a contract that escrows, closes, funds.
PROPERTY
Tax record improvements
2008 One Story Ranch
2,737 SF HVAC Main Area
1,072 SF Attached 3 Car Garage
144 SF Covered Patio
330 SF Covered Patio
Land
3.48 Acres / 151,588.9 SF / 1.41 hectares / 14,083 m2 (Residential Acreage)
Other improvements
Septic
Well
...
260 estimated driveway
1,860 SF estimated hard pack parking area
Pump house
Landscape architecture
Landscaping
Legal
Description: WOODRIDGE ESTATES UNIT 2 LOT 35A (REPLAT), 3.48 ACRES
Property ID: 50449
Geo ID: 1-5860-2000-0350
Taxes
2016 estimated: $3,887 ($1,205 Kendall County; $2,665 Comfort ISD; $17 other)
Exemptions: HS and other
2016 estimated without exemptions: $5,358
WHO ARE THE NEIGHBORS?
100% of the neighbors (Block Group) are Cozy Country Living Great Outdoors ESRI Lifemode Group members.
From ESRI Tapestry Segmentation Profile
Who they are
Live in pastoral settings
Educated empty nesters
Living an active but modest lifestyle
Focused on land
More likely to invest in real estate or a vacation home than stocks
Active gardeners
Partial to homegrown and home-cooked meals
Still working
Neighborhood
Married couples with no children at home
Living in single-family homes
Large inventory of seasonal housing
Live in small towns and rural communities
Live in homes built between 1970 and 2000
Households have one or two vehicles
Average travel time to work is 28 minutes
Disproportionate number work from home
Socioeconomic traits
Majority attended college or hold a degree
Low unemployment
Low labor force participation
Income from retirement, Social Security, self-employment, investments
Do-it-yourself oriented: car service, home improvement, remodeling, yard work
Cost conscious
Prefer domestic travel to trips abroad
SCHOOLS
Small schools. Well regarded. All 3 schools within 4.6 MI of home
Comfort Elementary School PK-5
536 Students
5 of 10 Greatschools Rating
Comfort Middle School 6-8
261 Students
6 of 10 Greatschools Rating
Comfort High School 9-12
329 Students
5 of 10 Greatschools Rating
INVESTMENT OPPORTUNITY
31.3% CCIM projected avg. 5 year Block Group home increase
$375 Air BnB average daily rate
$61,5948 Net Revenues (45% occupancy)
$16,748 Operating Expenses*
$44,845 Net Operating Income
$25,447 Net Cash Flow
10% CAP Rate
25.57% Cash-on-Cash
*includes 20% of Net Revenues for Maintenance, Utilities, Cleaning and 5% of Net Revenues for Reserve
SWPRE PHILANTHROPY
Southwest Partners gifts 10% of company revenues (before realtor commissions) to SWPRE Preferred Nonprofits or 5% to any US based nonprofit. List of SWPRE Preferred Nonprofits.
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