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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

103 Mckinley St Garland, TX 75042

2 Beds 1 Baths 800 sqft Built 1930
Last updated:  Oct 23, 2019

INVESTimate

$152,185

$137K - $168K

Price Est.

$972

901 - $1.0K

Rent Est.

$171,452  ( +12.66%)   1 YR EST. FORECAST
  
  
  

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103 Mckinley St PROPERTY INFO

FACTS
  • Built In 1930
  • Price/Sqft : $190.23
CONSTRUCTION
  • Beds : 2
  • Floor Size : 800 sqft
  • Baths : 1 Full

103 Mckinley St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HILLSIDE ACADEMY FOR EXCEL Primary Magnet 446 29 10
CLASSICAL CENTER AT BRANDENBURG MIDDLE SCHOOL Middle Magnet 1,153 62 8
SACHSE HIGH SCHOOL High Regular 2,609 152 7

HILLSIDE ACADEMY FOR EXCEL

  • Education Level: Primary
  • # of students: 446
  • # of teachers: 29
10
GreatSchools Rating

CLASSICAL CENTER AT BRANDENBURG MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,153
  • # of teachers: 62
8
GreatSchools Rating

SACHSE HIGH SCHOOL

  • Education Level: High
  • # of students: 2,609
  • # of teachers: 152
7
GreatSchools Rating
 

Financial Details

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Neighborhood

Freeman

  • 4,168

    POPULATION
  • 1,169

    HOUSEHOLDS
  • 32.8%

    WHITE COLLAR

Neighborhood : Freeman

HOUSEHOLDS
1,169
POPULATION

4,168

39.3%Renters
60.7%Home Owners
LABOR FORCE

 

32.8%White Collar
67.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $972 per month.

MY RENT : $972 MEDIAN RENT : $1,250

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 2.6%
$1,000-1,499 88.3%
>=$1,500 9.1%
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 $972 would therefore be considered affordable for annual household incomes greater than $38,880 (12 months x 3.333 x $972).

Rent % Affordability
Above $500 84.9%
Above $700 72.2%
Above $1,100 44.0%
Above $1,500 28.1%
Above $1,900 19.3%
HOUSEHOLD INCOME RANGE

Approximately 480 of households in this neighborhood have a total annual income of $38,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $972 per month.

MINIMUM INCOME RANGE : $38,880

Income % Distribution
<$20K 15.1%
$20K-$35K 20.5%
$35K-$60K 36.3%
$60K-$100K 20.2%
>=$100K 7.9%
COMMUTE TIME DISTRIBUTION

61% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 6.6%
10-14 mins 14.9%
15-19 mins 12.0%
20-29 mins 19.9%
30-44 mins 29.4%
45-59 mins 7.5%
>60 mins 8.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $972 per month.

MY RENT : $972 MEDIAN RENT : $1,250

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 2.6%
$1,000-1,499 88.3%
>=$1,500 9.1%
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 $972 would therefore be considered affordable for annual household incomes greater than $38,880 (12 months x 3.333 x $972).

Rent % Affordability
Above $500 84.9%
Above $700 72.2%
Above $1,100 44.0%
Above $1,500 28.1%
Above $1,900 19.3%
HOUSEHOLD INCOME RANGE

Approximately 480 of households in this neighborhood have a total annual income of $38,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $972 per month.

MINIMUM INCOME RANGE : $38,880

Income % Distribution
<$20K 15.1%
$20K-$35K 20.5%
$35K-$60K 36.3%
$60K-$100K 20.2%
>=$100K 7.9%
COMMUTE TIME DISTRIBUTION

61% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 6.6%
10-14 mins 14.9%
15-19 mins 12.0%
20-29 mins 19.9%
30-44 mins 29.4%
45-59 mins 7.5%
>60 mins 8.2%

Freeman Demographics

INDUSTRY

Industry % Distribution
Administrative Support 6.0%
Arts & Entertainment 15.3%
Construction 15.1%
Health Care & Social Assistance 8.5%
Manufacturing 10.1%
Retail & Wholesale Trader 17.3%
Other 27.8%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 44% is 24 or younger and 9% is 65 or older.

Age % Distribution
<15 25.4%
15-19 11.7%
20-24 7.3%
25-44 24.8%
45-65 21.7%
66+ 9.2%
OCCUPATION

Occupation % Distribution
Computer Engineering 4.6%
Education 6.5%
Healthcare 4.6%
Natural Resources Maintenance 27.5%
Production & Transportation 19.6%
Sales & Office 20.8%
Other 16.4%
HIGHEST EDUCATION LEVEL

6% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 4.9%
High School 24.0%
Masters Degree 1.1%
Some College 19.3%
Some High School 41.0%
Other 9.8%

103 Mckinley St Comps

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103 Mckinley St, Garland, TX 75042 is a single family home of 800 sqft. HomeUnion INVESTimateĀ® for 103 Mckinley St includes a Price Estimate of $152,185 and a Rent Estimate of $972. This single family home has 2 bedrooms,1 bathrooms, and was built in 1930. This property has an estimated 15 year annualized Yield of 7.66% and Total Return of 32.92%. The estimated 1 year forecast in home value for 103 Mckinley St is 12.66%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , DALLAS County , or the 75042 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 75040
  2. 75041
  3. 75044