Texas New Construction Subject To!

Bell County, Belton, TX, 76513
Sold
Listed at: June 2nd, 2024
Price
$515,000
Sq. Footage
2890
Type
Detached
Parking
Attached Garage
Year build
2022
Lot size
0.47 acres
Bedrooms
5
Bathrooms
3
Half Bathrooms
0
Summary

INTERESTED? CONTACT MATT @ 629-276-9456
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🏠 𝗕𝗲𝗹𝘁𝗼𝗻, 𝗧𝗫  🏠
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❗𝟱% 𝗘𝗡𝗧𝗥𝗬 𝗔𝗡𝗗 𝟰.𝟳𝟱% 𝗥𝗔𝗧𝗘❗
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𝗣𝗥𝗢𝗣𝗘𝗥𝗧𝗬 𝗗𝗘𝗧𝗔𝗜𝗟𝗦 :
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-📍Belton,TX (76513 Zip Code)
- 15 Minutes East of Killeen, TX
- 10 Minutes South of Temple, TX
- 25,500 Population in Belton, TX
- 10% Population Growth Since 2020
- 4% Median Sales Price Increase, Year over Yar
- Located in Bell County, TX
- 400,000 Population in Bell County
- 28% Population Growth Since 2010
- Single Family
- Built in 2022
- 5 Bedroom / 3 Bath Units 🛏️🛏️🛏️🛏️🛏️/ 🛀🛀🛀
- 2,890 Square Feet
- HUGE Backyard
- HOA of $40/m (Confirming Restrictions- Likely 6 Month Min.)
- Will be performed as Subject To Mirror Wrap
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𝗡𝗢𝗧𝗘 𝗗𝗘𝗧𝗔𝗜𝗟𝗦 :
- $515,000 Mortgage Loan Balance (Conventional Loan)
- 4.75% Interest Rate
- PITI is $3,974 (P&I of $2,737)
- Currently Has Escrow Shortage of $8,110
- Once Shortage is Satisfied - Payment Should Be Eligible For  Decrease
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𝗛𝗜𝗚𝗛𝗘𝗦𝗧 𝗔𝗡𝗗 𝗕𝗘𝗦𝗧 𝗨𝗦𝗘 :
- Land Contract/Lease Option to Owner Occupant ($500/m+   
   Cash Flow / 24%+ Cash on Cash Return)
- Owner Occupy
- Est. 5 Year Home Value of $597,000 w/ 3% Appreciation 
- Est. 5 Year Home Value of $655,000 w/ 5% Appreciation
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𝗧𝗘𝗥𝗠𝗦 :
- Cash to Close of $23,000 + Closing Costs
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𝗦𝗨𝗠𝗠𝗔𝗥𝗬 :
- $515,000 Mortgage Loan Balance (Conventional Loan)
- 4.75% Interest Rate
- PITI is $3,974 (P&I of $2,737)
- Currently Has Escrow Shortage of $8,110
- Once Shortage is Satisfied - Payment Should Decrease
- Land Contract/Lease Option to Owner Occupant ($500/m+   
   Cash Flow / 24%+ Cash on Cash Return)
- Owner Occupy
- Cash to Close of $23,000 + Closing Costs
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Disclosure: The seller and/or assignor do not guarantee the accuracy of the information provided in this listing. All information is deemed reliable but not guaranteed. The buyer is responsible for verifying all information and performing their own due diligence. The seller and/or assignor will not be held liable for any inaccuracies or omissions. The buyer is encouraged to conduct independent research and inspections to ensure the property meets their requirements.
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Rinse
And
Repeat 🤟

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Matt Reilly

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Disposition manager