204 Springtree Trl

Cibolo, TX 78108
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4 bd, 3 ba | 3,372 sqft | Built in 2009

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List Price
$375,000

Initial Investment

$102,188

Purchase Price

$375,000

Down Payment

25%

Rent

$2,290

Total Return

$95,381

Annualized Return

13.1%

Cap Rate

4.0%

Gross Yield

7.3%

Cash Flow

-$5,886

Appreciation

6.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

$21/mo

Flood Risk

Not Required

Welcome to this wonderful 4-bedroom, 2.5-bathroom family home located in the desirable Springtree Subdivision in Cibolo, stretching over 3372 sq ft on a spacious .44 acre corner lot. Drawing you in with great curb appeal, this home boasts a welcoming interior with formal living and dining areas catering to all your fine dining and entertainment needs. Taking center stage, the large family room sets a cozy ambiance for family bonding time, while the adjacent flex room offers the perfect space for a game room or additional entertainment area. Gourmet meals await in the island kitchen, featuring granite counters, a breakfast bar, bright white cabinetry, and a cozy dining area. French doors add a charming touch, leading to the back patio. Moving upstairs, you'll find a bonus room providing extra space for leisure or work. The primary ensuite is a personal retreat, boasting enough room for a sitting area, a large bathroom with dual vanities, a separate shower and soaking tub, and a spacious walk-in closet. The three additional bedrooms share a bath with dual vanities and a shower/tub combo, further enhancing the home's functionality and convenience. Outside, the covered patio overlooks the multi-level backyard, creating an ideal venue for open-air relaxation or entertaining guests. Located less than 1 mile from EVO & Santiko entertainment centers and conveniently near the Randolph AFB, this home promises a blend of comfort and accessibility.

See more in Analysis
Collin Corrington
White Line Realty
TX Agent License #706046

Annual Financial Highlights

Expected Rent

$26,106

Expenses

-$4,505

Property Taxes

-$7,100

Loan Payments

-$20,387

Net Cash Flow

-$5,886

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Christopher Watters
Watters International Realty
Certified Agent Brokerage:Collin Corrington
White Line Realty
TX Brokerage License 9007429
SourceMLS #1766829
Last Updated: 04/23/2024 18:04
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