INVESTimate
$83,705
101 Lakeview St PROPERTY INFO
FACTS
- Built In 2006
- Price/Sqft : $111.21
CONSTRUCTION
- Beds : 0
- Floor Size : 2,450 sqft
- Baths : 3 Full
PROPERTY DESCRIPTION
101 Lakeview St, Borger, TX 79007 is a single family home of 2,450 sqft. HomeUnion estimate for 101 Lakeview St includes a Price Estimate of $272,470 and a Rent Estimate of $1,698. This single family home has 0 bedrooms, 3 bathrooms, and was built in 2006. This property has an estimated 15 year annualized Yield of 7.48% and Total Return of 6.43%. The estimated 1 year forecast in home value for 101 Lakeview St is 0%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
101 Lakeview St SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
BORGER
Neighborhood : BORGER
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 7% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,698 per month.
MY RENT : $1,698 MEDIAN RENT : $960
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 $1,698 would therefore be considered affordable for annual household incomes greater than $67,920 (12 months x 3.333 x $1,698).
HOUSEHOLD INCOME RANGE
Approximately 1,408 of households in this neighborhood have a total annual income of $67,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,698 per month.
MINIMUM INCOME RANGE : $67,920
COMMUTE TIME DISTRIBUTION
19% of the working population has a commute time of 15 to 44 minutes, 70% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.
BORGER Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Agriculture, Fishing & Game | 8.4% |
Arts & Entertainment | 8.2% |
Construction | 13.0% |
Health Care & Social Assistance | 7.7% |
Manufacturing | 16.4% |
Retail & Wholesale Trader | 15.1% |
Other | 31.2% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 36% is 24 or younger and 13% is 65 or older.
Age | % Distribution |
---|---|
<15 | 21.8% |
15-19 | 6.7% |
20-24 | 7.8% |
25-44 | 25.5% |
45-65 | 24.9% |
66+ | 13.1% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 5.0% |
Management, Business, & Financial | 11.0% |
Natural Resources Maintenance | 24.4% |
Production & Transportation | 16.9% |
Protect | 5.5% |
Sales & Office | 19.2% |
Other | 17.9% |
HIGHEST EDUCATION LEVEL
13% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 8.8% |
High School | 32.1% |
Masters Degree | 2.3% |
Some College | 28.4% |
Some High School | 15.3% |
Other | 13.1% |
101 Lakeview St Comps
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , HUTCHINSON County , or the 79007 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2