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This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

1 Timber Ln Shepherd, TX 77371

3 Beds 2 Baths 1,744 sqft Built 1970
Last updated:  Oct 23, 2019

INVESTimate

$199,751

$169K - $230K

Price Est.

$1,360

$1.2K - $1.5K

Rent Est.

$207,102  ( +3.68%)   1 YR EST. FORECAST
  
  
  

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1 Timber Ln PROPERTY INFO

FACTS
  • Built In 1970
  • Price/Sqft : $114.54
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,744 sqft
  • Baths : 2 Full

1 Timber Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
KIMMIE M. BROWN ELEMENTARY SCHOOL Primary Regular 743 49 4
NOTTINGHAM MIDDLE SCHOOL Middle Regular 394 26 4
DAYTON HIGH SCHOOL High Regular 1,391 86 4

KIMMIE M. BROWN ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 743
  • # of teachers: 49
4
GreatSchools Rating

NOTTINGHAM MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 394
  • # of teachers: 26
4
GreatSchools Rating

DAYTON HIGH SCHOOL

  • Education Level: High
  • # of students: 1,391
  • # of teachers: 86
4
GreatSchools Rating
 

Financial Details

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Neighborhood

SHEPHERD

  • 7,596

    POPULATION
  • 2,345

    HOUSEHOLDS
  • 39.6%

    WHITE COLLAR

Neighborhood : SHEPHERD

HOUSEHOLDS
2,345
POPULATION

7,596

27.2%Renters
72.8%Home Owners
LABOR FORCE

 

39.6%White Collar
60.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 15% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,360 per month.

MY RENT : $1,360 MEDIAN RENT : $942

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 38.5%
$900-999 22.2%
$1,000-1,499 33.6%
>=$1,500 5.7%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $1,360 would therefore be considered affordable for annual household incomes greater than $54,400 (12 months x 3.333 x $1,360).

Rent % Affordability
Above $500 70.6%
Above $700 58.4%
Above $1,100 46.4%
Above $1,500 35.6%
Above $1,900 22.8%
HOUSEHOLD INCOME RANGE

Approximately 875 of households in this neighborhood have a total annual income of $54,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,360 per month.

MINIMUM INCOME RANGE : $54,400

Income % Distribution
<$20K 29.4%
$20K-$35K 17.3%
$35K-$60K 17.7%
$60K-$100K 23.1%
>=$100K 12.5%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 34% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.5%
5-9 mins 13.6%
10-14 mins 7.5%
15-19 mins 6.3%
20-29 mins 27.2%
30-44 mins 11.2%
45-59 mins 6.4%
>60 mins 27.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 15% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,360 per month.

MY RENT : $1,360 MEDIAN RENT : $942

Rent % Distribution
$500-699 0.0%
$700-899 38.5%
$900-999 22.2%
$1,000-1,499 33.6%
>=$1,500 5.7%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $1,360 would therefore be considered affordable for annual household incomes greater than $54,400 (12 months x 3.333 x $1,360).

Rent % Affordability
Above $500 70.6%
Above $700 58.4%
Above $1,100 46.4%
Above $1,500 35.6%
Above $1,900 22.8%
HOUSEHOLD INCOME RANGE

Approximately 875 of households in this neighborhood have a total annual income of $54,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,360 per month.

MINIMUM INCOME RANGE : $54,400

Income % Distribution
<$20K 29.4%
$20K-$35K 17.3%
$35K-$60K 17.7%
$60K-$100K 23.1%
>=$100K 12.5%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 34% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.5%
5-9 mins 13.6%
10-14 mins 7.5%
15-19 mins 6.3%
20-29 mins 27.2%
30-44 mins 11.2%
45-59 mins 6.4%
>60 mins 27.3%

SHEPHERD Demographics

INDUSTRY

Industry % Distribution
Construction 22.8%
Educational Services 6.2%
Health Care & Social Assistance 5.6%
Public Administration 8.1%
Retail & Wholesale Trader 20.5%
Transportation 8.4%
Other 28.4%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 33% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 23.0%
15-19 4.3%
20-24 5.4%
25-44 22.9%
45-65 29.0%
66+ 15.4%
OCCUPATION

Occupation % Distribution
Education 4.0%
Management, Business, & Financial 8.5%
Natural Resources Maintenance 23.6%
Production & Transportation 12.4%
Protect 12.8%
Sales & Office 25.7%
Other 12.8%
HIGHEST EDUCATION LEVEL

5% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 4.1%
High School 56.2%
Masters Degree 1.2%
Some College 17.8%
Some High School 17.9%
Other 2.7%

1 Timber Ln Comps

Sorry, we do not have sufficient data available.

1 Timber Ln, Shepherd, TX 77371 is a single family home of 1,744 sqft. HomeUnion INVESTimateĀ® for 1 Timber Ln includes a Price Estimate of $199,751 and a Rent Estimate of $1,360. This single family home has 3 bedrooms,2 bathrooms, and was built in 1970. This property has an estimated 15 year annualized Yield of 8.17% and Total Return of 19.42%. The estimated 1 year forecast in home value for 1 Timber Ln is 3.68%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , LIBERTY County , or the 77371 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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