ActiveResidential · sale

5117 Arrow Rdg

Marion, TX 78124

$350,000

  • 3 beds
  • 4 baths
  • 2,536 sq ft
  • 0.17 acres
  • Built 2018

Listed by Real Broker, LLC · MLS #1924689

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PROPERTY QUESTIONS & SHOWINGS

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5117 Arrow Rdg, Marion, TX 78124 · MLS #1924689

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A FEW THINGS TO NOTICE

What stands out.

Additional spaces

Complete with its own full bathroom and closet, this space is perfect as a private media room, a fourth guest suite, a gym, or an expansive playroom-the possibilities are endless!

Details worth a look

Enjoy the Texas outdoors on your extended covered patio ideal for evening relaxation or weekend grilling.

Year built

Built in 2018.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

COMAL ISD PREMIUM IN SCHERTZ! Zoned for Danville MS and Davenport HS! Must see elegant and exceptionally functional 1.5 Story residence by Ashton Woods, perfectly situated in a highly sought-after community. Key Property Features are 4 sides masonry, 3 BR/3.5 Bath with large bonus room upstairs with a full bath and closet. Study/Office/Flexroom area downstairs. The heart of this home is a culinary dream. The gourmet, gas-cooking kitchen boasts sleek granite countertops, stainless steel appliances including a 5-burner gas cooktop and a built-in oven, and a huge amount of prep space on the oversized center island. It flows seamlessly into the light-filled extended living room, creating a fantastic open space for entertaining and daily life. A dedicated, formal separate dining room offers the perfect setting for holiday meals or intimate dinner parties. Thoughtfully Designed Floor Plan The 1.5-story layout provides the ultimate flexibility. All main bedrooms and the principal living areas are conveniently located on the first floor. A private study/flex room near the entry offers a quiet space for a home office, library, or hobby room. Ascend the staircase to discover the private retreat of the upstairs flex room. Complete with its own full bathroom and closet, this space is perfect as a private media room, a fourth guest suite, a gym, or an expansive playroom-the possibilities are endless! Enjoy the Texas outdoors on your extended covered patio ideal for evening relaxation or weekend grilling. The home is built with durable, low-maintenance four-sides brick construction, ensuring lasting quality and exceptional curb appeal. Location is everything! Benefit from the excellent educational opportunities provided by the highly-rated Comal Independent School District, zoned specifically for Davenport High School and Danville Middle School. Quick access to I35 and Randolph AFB. This property perfectly balances luxury, space, and a premium location.

THE NEIGHBORHOOD

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5117 Arrow Rdg, Marion, TX 78124

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2018
Full baths
3
Half baths
1
Cooling
One Central
Heating
Central
Flooring
Carpeting, Ceramic Tile
Exterior
Brick, 4 Sides Masonry, Stone/Rock
Pool features
None
Subdivision
PARKLANDS THE
Parcel
1G2361100201202000
HOA
PARKLAND HOA
HOA amenities
Park/Playground
Elementary school
Comal
Annual property tax
$3,808.00
HOA fee
$141.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$728.08
Estimated monthly rent$1,458.33
Cap rate2.75%

Annual operating income: $9,611.97

HOA: The listing source reports a $141.00 HOA fee, but not a usable payment frequency. HOA costs are not included in this estimate. Choose a monthly amount under Adjust assumptions.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

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  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #1924689 · San Antonio Board of Realtors

Listing brokerage: Real Broker, LLC
Listing agent: Yolanda Burroughs

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.