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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

1015 E Travis St Laredo, TX 78040

0 Beds 0 Baths 720 sqft Built 1971
Last updated:  Jan 16, 2015

INVESTimate

$157,953

$142K - $174K

Price Est.

$816

756 - 876

Rent Est.

$163,086  ( +3.25%)   1 YR EST. FORECAST
  
  
  

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1015 E Travis St PROPERTY INFO

FACTS
  • Built In 1971
  • Price/Sqft : $219.38
CONSTRUCTION
  • Beds : 0
  • Floor Size : 720 sqft
  • Baths : 0 Full

1015 E Travis St SCHOOLS

Sorry, we do not have sufficient school data for this neighborhood.
 

Financial Details

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Neighborhood

Las Polkas

  • 2,611

    POPULATION
  • 772

    HOUSEHOLDS
  • 56.7%

    WHITE COLLAR

Neighborhood : Las Polkas

HOUSEHOLDS
772
POPULATION

2,611

54.5%Renters
45.5%Home Owners
LABOR FORCE

 

56.7%White Collar
43.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 78% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $816 per month.

MY RENT : $816 MEDIAN RENT : $963

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 37.7%
$900-999 17.9%
$1,000-1,499 44.0%
>=$1,500 0.4%
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 $816 would therefore be considered affordable for annual household incomes greater than $32,640 (12 months x 3.333 x $816).

Rent % Affordability
Above $500 58.8%
Above $700 48.4%
Above $1,100 27.2%
Above $1,500 19.5%
Above $1,900 12.6%
HOUSEHOLD INCOME RANGE

Approximately 1,802 of households in this neighborhood have a total annual income of $32,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $816 per month.

MINIMUM INCOME RANGE : $32,640

Income % Distribution
<$20K 41.2%
$20K-$35K 21.6%
$35K-$60K 17.7%
$60K-$100K 16.8%
>=$100K 2.7%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 44% has a commute time of 14 minutes or less and 1% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.5%
5-9 mins 8.6%
10-14 mins 31.5%
15-19 mins 25.0%
20-29 mins 23.9%
30-44 mins 6.2%
45-59 mins 0.9%
>60 mins 0.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 78% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $816 per month.

MY RENT : $816 MEDIAN RENT : $963

Rent % Distribution
$500-699 0.0%
$700-899 37.7%
$900-999 17.9%
$1,000-1,499 44.0%
>=$1,500 0.4%
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 $816 would therefore be considered affordable for annual household incomes greater than $32,640 (12 months x 3.333 x $816).

Rent % Affordability
Above $500 58.8%
Above $700 48.4%
Above $1,100 27.2%
Above $1,500 19.5%
Above $1,900 12.6%
HOUSEHOLD INCOME RANGE

Approximately 1,802 of households in this neighborhood have a total annual income of $32,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $816 per month.

MINIMUM INCOME RANGE : $32,640

Income % Distribution
<$20K 41.2%
$20K-$35K 21.6%
$35K-$60K 17.7%
$60K-$100K 16.8%
>=$100K 2.7%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 44% has a commute time of 14 minutes or less and 1% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.5%
5-9 mins 8.6%
10-14 mins 31.5%
15-19 mins 25.0%
20-29 mins 23.9%
30-44 mins 6.2%
45-59 mins 0.9%
>60 mins 0.5%

Las Polkas Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 12.4%
Construction 6.3%
Educational Services 8.2%
Health Care & Social Assistance 15.4%
Retail & Wholesale Trader 22.8%
Transportation 8.7%
Other 26.2%
AGE DISTRIBUTION

43% of the population is between the ages of 25 and 64, 43% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 28.9%
15-19 6.0%
20-24 8.2%
25-44 24.2%
45-65 18.3%
66+ 14.3%
OCCUPATION

Occupation % Distribution
Education 6.2%
Healthcare 13.4%
Management, Business, & Financial 13.6%
Natural Resources Maintenance 14.9%
Production & Transportation 12.8%
Sales & Office 24.8%
Other 14.3%
HIGHEST EDUCATION LEVEL

7% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 4.8%
High School 24.6%
Masters Degree 1.5%
Some College 19.9%
Some High School 42.8%
Other 6.4%

1015 E Travis St Comps

Sorry, we do not have sufficient data available.

1015 E Travis St, Laredo, TX 78040 is a single family home of 720 sqft. HomeUnion INVESTimate® for 1015 E Travis St includes a Price Estimate of $157,953 and a Rent Estimate of $816. This single family home has 0 bedrooms,0 bathrooms, and was built in 1971. This property has an estimated 15 year annualized Yield of 6.20% and Total Return of 5.87%. The estimated 1 year forecast in home value for 1015 E Travis St is 3.25%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX, WEBB County, or the 78040 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2