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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

114 W Paredes St Laredo, TX 78043

0 Beds 0 Baths 1,064 sqft Built 1799
Last updated:  Oct 23, 2019

INVESTimate

$150,774

$135K - $167K

Price Est.

$700

655 - 745

Rent Est.

$158,117  ( +4.87%)   1 YR EST. FORECAST
  
  
  

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114 W Paredes St PROPERTY INFO

FACTS
  • Built In 1799
  • Price/Sqft : $141.70
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,064 sqft
  • Baths : 0 Full

114 W Paredes St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
FREEDOM ELEMENTARY Primary Unknown NA
RAUL PERALES MIDDLE SCHOOL Middle Unknown NA
UNITED SOUTH HIGH SCHOOL High Regular 2,783 165 3

FREEDOM ELEMENTARY

  • Education Level: Primary
  • # of students: 0
  • # of teachers: 0
-1
GreatSchools Rating

RAUL PERALES MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 0
  • # of teachers: 0
-1
GreatSchools Rating

UNITED SOUTH HIGH SCHOOL

  • Education Level: High
  • # of students: 2,783
  • # of teachers: 165
3
GreatSchools Rating
 

Financial Details

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Neighborhood

Pueblo Nuevo

  • 560

    POPULATION
  • 118

    HOUSEHOLDS
  • 34.5%

    WHITE COLLAR

Neighborhood : Pueblo Nuevo

HOUSEHOLDS
118
POPULATION

560

31.0%Renters
69.0%Home Owners
LABOR FORCE

 

34.5%White Collar
65.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $700 per month.

MY RENT : $700 MEDIAN RENT : $930

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 46.6%
$900-999 22.7%
$1,000-1,499 30.7%
>=$1,500 0.0%
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 $700 would therefore be considered affordable for annual household incomes greater than $28,000 (12 months x 3.333 x $700).

Rent % Affordability
Above $500 50.4%
Above $700 32.6%
Above $1,100 19.0%
Above $1,500 6.6%
Above $1,900 3.2%
HOUSEHOLD INCOME RANGE

Approximately 340 of households in this neighborhood have a total annual income of $28,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $700 per month.

MINIMUM INCOME RANGE : $28,000

Income % Distribution
<$20K 49.6%
$20K-$35K 28.1%
$35K-$60K 15.7%
$60K-$100K 6.6%
>=$100K -0.0%
COMMUTE TIME DISTRIBUTION

41% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 42% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.2%
5-9 mins 0.0%
10-14 mins 11.9%
15-19 mins 0.0%
20-29 mins 10.4%
30-44 mins 30.6%
45-59 mins 38.8%
>60 mins 3.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $700 per month.

MY RENT : $700 MEDIAN RENT : $930

Rent % Distribution
$500-699 0.0%
$700-899 46.6%
$900-999 22.7%
$1,000-1,499 30.7%
>=$1,500 0.0%
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 $700 would therefore be considered affordable for annual household incomes greater than $28,000 (12 months x 3.333 x $700).

Rent % Affordability
Above $500 50.4%
Above $700 32.6%
Above $1,100 19.0%
Above $1,500 6.6%
Above $1,900 3.2%
HOUSEHOLD INCOME RANGE

Approximately 340 of households in this neighborhood have a total annual income of $28,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $700 per month.

MINIMUM INCOME RANGE : $28,000

Income % Distribution
<$20K 49.6%
$20K-$35K 28.1%
$35K-$60K 15.7%
$60K-$100K 6.6%
>=$100K -0.0%
COMMUTE TIME DISTRIBUTION

41% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 42% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.2%
5-9 mins 0.0%
10-14 mins 11.9%
15-19 mins 0.0%
20-29 mins 10.4%
30-44 mins 30.6%
45-59 mins 38.8%
>60 mins 3.0%

Pueblo Nuevo Demographics

INDUSTRY

Industry % Distribution
Administrative Support 10.1%
Arts & Entertainment 12.2%
Construction 8.6%
Health Care & Social Assistance 26.6%
Public Administration 5.8%
Transportation 8.6%
Other 28.1%
AGE DISTRIBUTION

33% of the population is between the ages of 25 and 64, 63% is 24 or younger and 3% is 65 or older.

Age % Distribution
<15 47.0%
15-19 8.4%
20-24 8.0%
25-44 22.3%
45-65 10.9%
66+ 3.4%
OCCUPATION

Occupation % Distribution
Clean 28.1%
Management, Business, & Financial 9.0%
Natural Resources Maintenance 13.5%
PCare 4.5%
Production & Transportation 9.0%
Sales & Office 31.5%
Other 4.5%
HIGHEST EDUCATION LEVEL

0% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
High School 26.1%
Masters Degree 0.0%
Professional 0.0%
Some College 16.7%
Some High School 57.1%
Other 0.0%

114 W Paredes St Comps

Sorry, we do not have sufficient data available.

114 W Paredes St, Laredo, TX 78043 is a single family home of 1,064 sqft. HomeUnion INVESTimateĀ® for 114 W Paredes St includes a Price Estimate of $150,774 and a Rent Estimate of $700. This single family home has 0 bedrooms,0 bathrooms, and was built in 1799. This property has an estimated 15 year annualized Yield of 5.57% and Total Return of 8.67%. The estimated 1 year forecast in home value for 114 W Paredes St is 4.87%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , WEBB County , or the 78043 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 78040
  2. 78044
  3. 78046