Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$624,900

For Sale - Active
21005 Hickory Bnd, Garden Ridge, TX 78266
4 Beds
4 Baths
2,788 Square Feet
0.00 Acres Lot
Built in 1986
For Sale - Active
Units n/a
Checked: 13 hours ago
Updated: Sep 22, 2025 at 10:04AM

Investment Summary


Monthly Cash Flow
-$1,450
Cap Rate
2.9%
Cash-on-Cash Return
-12.1%
Debt Coverage Ratio
0.51
Internal Rate of Return (5 years)
-7.7%

Property Description


0.00 Acres Lot
Built in 1986
For Sale - Active
Units n/a

Make your home in the scenic Garden Ridge Estates where you'll find extra large lots with gorgeous mature trees, friendly neighbors, and walkable streets. This well maintained 4 bedroom, 3.5 bath home comes complete with a tree covered yard including sprinkler system, landscaping, storage, chicken coop, and 160sqft shop building with ac/ht. Inside you'll find your primary bedroom suite downstairs with new carpet, large family room anchored by a nice brick fireplace and wall lined with windows overlooking the expansive outdoor covered patio. There is a unique breakfast area off the kitchen and a dining room currently used as an office by the owner. Upstairs you'll find 3 bedrooms and 2 baths, one which has a brand new extra large tiled shower. Note, room sizes are estimates only. Brand new roof and gutters were just put on this Spring. New AC for upstairs. Garden Ridge has a lovely neighborhood gym and pool available with membership. This scenic area between San Antonio and New Braunfels is growing but still has the small-town feel about it. Looking for a quiet area yet minutes from all the necessities? Check out Garden Ridge Estates.

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Avatar
Avatar
Avatar

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent
Avatar
Avatar
Avatar

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender
Avatar
Avatar
Avatar

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager
Avatar
Avatar
Avatar

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Two Car Garage, Attached, Oversized
  • Details: Garage Door Opener
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Total): 4.0

Interior Features

  • # of Stories: 1
  • Basement: Yes
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Brick Veneer
  • Foundation: Slab
  • Roof Type: Hip
  • Roof Material: Composition

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 200110040300
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Split Level, Traditional
  • Year Built: 1986

Tax Information

  • Annual Tax: $8,414

Utilities

  • Heating: Central, Zoned, Electric
  • Cooling: Ceiling Fan(s), Central Air, Window Unit(s), Wall/Window Unit(s), Zoned

Location

  • County: Comal

Listing Details


Listed by:
Michele Smith
Reata Ranch Realty
(325) 347-4702

Source:
San Antonio Board of REALTORS
MLS#: 1878935
San Antonio Board of REALTORS

Investment Summary


Monthly Cash Flow
-$1,450
Cap Rate
2.9%
Cash-on-Cash Return
-12.1%
Debt Coverage Ratio
0.51
Internal Rate of Return (5 years)
-7.7%

Purchase Details

Find an Agent

Purchase price:
$624,900
Amount financed:
-$499,920
Down payment:
$124,980
Closing costs:
$18,747
Rehab costs:
$0
Initial cash invested:
$143,727
Square feet:
2,788
Cost per square foot:
$224
Monthly rent per square foot:
$1.15

Financing Details

Find a Lender

Loan amount:
$499,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$2,957
Property tax:
$701
Insurance:
$224
Private mortgage insurance (PMI):
$0
Monthly payment:
$3,882

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$3,200 $38,400
Vacancy loss: (6%)
6% -$192 -$2,304
Operating income:
$3,008 $36,096

Operating Expenses


% Rent Monthly Yearly
Property taxes: (22%)
22%-$701-$8,414
Insurance: (7%)
7%-$224-$2,688
Property management: (8%)
8%-$256-$3,072
Repairs & maintenance: (5%)
5%-$160-$1,920
Capital expenditures: (5%)
5%-$160-$1,920
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (47%)
47%-$1,501-$18,014

Cash Flow


Monthly Yearly
Net operating income:
$1,507 $18,084
Mortgage payments:
-$2,957 -$35,484
Cash flow:
-$1,450 -$17,400