INVESTimate
$78,504
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102 Madison Ln PROPERTY INFO
FACTS
- Built In 2011
- Price/Sqft : $149.44
CONSTRUCTION
- Beds : 0
- Floor Size : 1,692 sqft
- Baths : 2 Full
102 Madison Ln SCHOOLS
Financial Details
See Financial Details
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THRALL
Neighborhood : THRALL
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 9% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,495 per month.
MY RENT : $1,495 MEDIAN RENT : $1,178
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 $1,495 would therefore be considered affordable for annual household incomes greater than $59,800 (12 months x 3.333 x $1,495).
HOUSEHOLD INCOME RANGE
Approximately 264 of households in this neighborhood have a total annual income of $59,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,495 per month.
MINIMUM INCOME RANGE : $59,800
COMMUTE TIME DISTRIBUTION
39% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 33% has a commute time of 45 minutes or longer.
THRALL Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 8.7% |
Construction | 12.2% |
Educational Services | 7.9% |
Health Care & Social Assistance | 9.9% |
Manufacturing | 15.9% |
Retail & Wholesale Trader | 8.6% |
Other | 36.8% |
AGE DISTRIBUTION
54% of the population is between the ages of 25 and 64, 33% is 24 or younger and 13% is 65 or older.
Age | % Distribution |
---|---|
<15 | 20.1% |
15-19 | 5.8% |
20-24 | 6.6% |
25-44 | 26.2% |
45-65 | 27.8% |
66+ | 13.4% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 9.9% |
Construction | 5.7% |
Management, Business, & Financial | 15.4% |
Natural Resources Maintenance | 13.3% |
Production & Transportation | 15.6% |
Sales & Office | 22.1% |
Other | 17.9% |
HIGHEST EDUCATION LEVEL
8% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 5.4% |
High School | 36.1% |
Masters Degree | 2.7% |
Some College | 29.7% |
Some High School | 13.5% |
Other | 12.7% |
102 Madison Ln Comps
102 Madison Ln, Thrall, TX 76578 is a single family home of 1,692 sqft. HomeUnion INVESTimateĀ® for 102 Madison Ln includes a Price Estimate of $252,847 and a Rent Estimate of $1,495. This single family home has 0 bedrooms,2 bathrooms, and was built in 2011. This property has an estimated 15 year annualized Yield of 7.10% and Total Return of 24.89%. The estimated 1 year forecast in home value for 102 Madison Ln is 8.64%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , WILLIAMSON County , or the 76578 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2