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Top 10 Foreclosure List
Week of 2/11/09 |
Note the average days on market for our Top 10
Selections is only four days. The early bird is the only bird catching these
worms. Please contact me today at brittani@castlehillinvestments.com
or 512.970.8459.

Brittani Johnson, Foreclosure Agent Specialist
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4005 Ayala Dr,
Austin, TX 78725
Nice little neighborhood with quick access to 130 and airport
School District: Dell Valle ISD
Asking Price: $84,000, 1630 sq ft. 3/2, built in 1997
Lease: $995/month, Cap Rate: 10%
Monthly Positive Cash Flow: $272
Pro Forma Value in 5 yrs: $147,704; 5 yr ROI: 95%
27% under recent sales comps, 30% under tax appraisal
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12513 Mexicana Cv,
Del Valle, TX 78617
Recent construction in great Del Valle location
School District: Dell Valle ISD
Asking Price: $94,250, 1659 sq ft. 3/2/1, built in 2004
Lease: $1095/month, Cap Rate: 10%
Monthly Positive Cash Flow: $302 Pro Forma Value in 5 yrs: $158,801; 5 yr ROI: 88% 24% under recent sales comps, 28% under tax appraisal |
504 Harvest Cv,
Cedar Park, 78613
Central Cedar Park location with access to shopping, light rail and 183
School District: Leander ISD
Asking Price: $105,900, 1410 sq ft. 3/2/1, built in 1993
Lease: $1000/month, Cap Rate: 8%
Monthly Positive Cash Flow: $191
Pro Forma Value in 5 yrs: $174,557; 5 yr ROI: 76%
23% under recent sales comps, 16% under tax appraisal
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124 Loon Lake,
Kyle, TX 78640
Recent construction in area experiencing booming growth
School District: Hays ISD
Asking Price: $124,000, 1676 sq ft. 3/2, built in 2005
Lease: $1050/month, Cap Rate: 7%
Monthly Positive Cash Flow: $133
Pro Forma Value in 5 yrs: $194,653; 5 yr ROI: 63%
19% under recent sales comps, 16% under tax appraisal
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1112 Champion Dr,
Round Rock, TX 78664
Excellent location in North Round Rock- near schools, employers and shopping
School District: Round Rock ISD
Asking Price: $125,000, 2142 sq ft. 3/2/1, built in 2002
Lease: $1150/month, Cap Rate: 8%
Monthly Positive Cash Flow: $174
Pro Forma Value in 5 yrs: $215,970; 5 yr ROI: 81%
26% under recent sales comps, 14% under tax appraisal
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6207 Roseborough Dr,
Austin, TX 78747
Location is ideally situated near parks and schools
School District: Austin ISD
Asking Price: $143,000, 3031 sq ft. 5/3/1, built in 2006
Lease: $1350/month, Cap Rate: 8%
Monthly Positive Cash Flow: $238
Pro Forma Value in 5 yrs: $208,894; 5 yr ROI: 56%
13% under recent sales comps, 14% under tax appraisal
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145 Marquitos Dr,
Kyle, TX 78640
Kensington Trails subdivision at this price? Wow!
School District: Hays ISD
Asking Price: $144,900, 2753 sq ft. 4/2/1, built in 2005
Lease: $1350/month, Cap Rate: 8%
Monthly Positive Cash Flow: $229
Pro Forma Value in 5 yrs: $217,843; 5 yr ROI: 60%
15% under recent sales comps, 18% under tax appraisal
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1851 Bayland St,
Round Rock, TX 78664
Neighborhood stands to see good appreciation due to central Round Rock location
School District: Round Rock ISD
Asking Price: $166,900, 3564 sq ft. 4/2/1, built in 2006
Lease: $1600/month, Cap Rate: 8%
Monthly Positive Cash Flow: $291
Pro Forma Value in 5 yrs: $282,017; 5 yr ROI: 79%
24% under recent sales comps, 18% under tax appraisal
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5818 Mordred Ln,
Austin, TX 78739
Circle C remains one of the most prestigious neighborhoods in Austin
School District: Austin ISD
Asking Price: $232,900, 2444 sq ft. 3/2/1, built in 1995
Lease: $1800/month, Cap Rate: 6%
Monthly Positive Cash Flow: $104
Pro Forma Value in 5 yrs: $364,950; 5 yr ROI: 59%
19% under recent sales comps, 28% under tax appraisal
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7409 Brecourt Manor Way,
Austin, TX 78739
Gated community built by Streetman Homes. Beautiful area that will appreciate due to highly desirable brand new elementary school
School District: Austin ISD
Asking Price: $255,550, 2651 sq ft. 4/2/1, built in 2005
Lease: $2075/month, Cap Rate: 6%
Monthly Positive Cash Flow: $81
Pro Forma Value in 5 yrs: $426,311; 5 yr ROI: 69%
23% under recent sales comps, 19% under tax appraisal
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*ROI formula:
((Value
in 5 yrs+ 5 yr net cash flow) - Purchase Price) / Purchase Price
*Cash flow is assuming 30% monthly expenses |
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Robert Grunnah
1400 S Congress Ave
Castle Hill Investments, LLC
512-444-2299
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