Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

118 E Travis St Laredo, TX 78040

0 Beds 0 Baths 1,344 sqft Built 1995
Last updated:  Oct 23, 2019

INVESTimate

$170,078

$153K - $187K

Price Est.

$890

833 - 947

Rent Est.

$178,837  ( +5.15%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 11726 GREENSBROOK FOREST DRIVE Houston, TX
    • 3 beds 2 baths ∙ 1,188 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,188 Sqft ∙ Built 2003
    AVAILABLE
    • 15.88% GROSS YIELD
    • $4,163 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $89,900
    • $29,574
    • $1,190
  • 14409 CORRIDON AVE Maple Heights, OH
    • 3 beds 2 baths ∙ 1,134 Sqft ∙ Built 1952 3 beds 2 baths ∙ 1,134 Sqft ∙ Built 1952
    AVAILABLE
    • 15.21% GROSS YIELD
    • $4,485 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $71,000
    • $24,565
    • $900
  • 12914 Rockside Rd Garfield Heights, OH
    • 3 beds 2 baths ∙ 1,131 Sqft ∙ Built 1949 3 beds 2 baths ∙ 1,131 Sqft ∙ Built 1949
    AVAILABLE
    • 14.90% GROSS YIELD
    • $4,929 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $74,921
    • $25,604
    • $930
  • 5540 GARDEN ST Maple Heights, OH
    • 3 beds 2 baths ∙ 1,058 Sqft ∙ Built 1924 3 beds 2 baths ∙ 1,058 Sqft ∙ Built 1924
    AVAILABLE
    • 14.69% GROSS YIELD
    • $4,653 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $71,900
    • $24,804
    • $880

118 E Travis St PROPERTY INFO

FACTS
  • Built In 1995
  • Price/Sqft : $126.55
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,344 sqft
  • Baths : 0 Full

118 E Travis St SCHOOLS

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

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

LAREDO

  • 42,252

    POPULATION
  • 11,511

    HOUSEHOLDS
  • 40.7%

    WHITE COLLAR

Neighborhood : LAREDO

HOUSEHOLDS
11,511
POPULATION

42,252

56.1%Renters
43.9%Home Owners
LABOR FORCE

 

40.7%White Collar
59.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 51% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $890 per month.

MY RENT : $890 MEDIAN RENT : $892

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 51.7%
$900-999 18.7%
$1,000-1,499 29.1%
>=$1,500 0.5%
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 $890 would therefore be considered affordable for annual household incomes greater than $35,600 (12 months x 3.333 x $890).

Rent % Affordability
Above $500 55.4%
Above $700 45.9%
Above $1,100 26.2%
Above $1,500 15.9%
Above $1,900 9.6%
HOUSEHOLD INCOME RANGE

Approximately 2,753 of households in this neighborhood have a total annual income of $35,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $890 per month.

MINIMUM INCOME RANGE : $35,600

Income % Distribution
<$20K 44.6%
$20K-$35K 19.8%
$35K-$60K 19.7%
$60K-$100K 11.4%
>=$100K 4.5%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 6% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.3%
5-9 mins 9.8%
10-14 mins 17.7%
15-19 mins 25.5%
20-29 mins 24.7%
30-44 mins 14.0%
45-59 mins 2.9%
>60 mins 3.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 51% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $890 per month.

MY RENT : $890 MEDIAN RENT : $892

Rent % Distribution
$500-699 0.0%
$700-899 51.7%
$900-999 18.7%
$1,000-1,499 29.1%
>=$1,500 0.5%
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 $890 would therefore be considered affordable for annual household incomes greater than $35,600 (12 months x 3.333 x $890).

Rent % Affordability
Above $500 55.4%
Above $700 45.9%
Above $1,100 26.2%
Above $1,500 15.9%
Above $1,900 9.6%
HOUSEHOLD INCOME RANGE

Approximately 2,753 of households in this neighborhood have a total annual income of $35,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $890 per month.

MINIMUM INCOME RANGE : $35,600

Income % Distribution
<$20K 44.6%
$20K-$35K 19.8%
$35K-$60K 19.7%
$60K-$100K 11.4%
>=$100K 4.5%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 6% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.3%
5-9 mins 9.8%
10-14 mins 17.7%
15-19 mins 25.5%
20-29 mins 24.7%
30-44 mins 14.0%
45-59 mins 2.9%
>60 mins 3.0%

LAREDO Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 11.2%
Construction 8.5%
Educational Services 10.1%
Health Care & Social Assistance 12.3%
Retail & Wholesale Trader 16.2%
Transportation 11.7%
Other 30.0%
AGE DISTRIBUTION

43% of the population is between the ages of 25 and 64, 44% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 29.2%
15-19 7.6%
20-24 7.5%
25-44 23.7%
45-65 19.4%
66+ 12.6%
OCCUPATION

Occupation % Distribution
Clean 8.2%
Education 5.9%
Management, Business, & Financial 6.8%
Natural Resources Maintenance 14.0%
Production & Transportation 18.9%
Sales & Office 27.3%
Other 18.9%
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 4.8%
High School 27.2%
Masters Degree 1.5%
Some College 13.3%
Some High School 48.0%
Other 5.2%

118 E Travis St Comps

Sorry, we do not have sufficient data available.

118 E Travis St, Laredo, TX 78040 is a single family home of 1,344 sqft. HomeUnion INVESTimate¬ģ for 118 E Travis St includes a Price Estimate of $170,078 and a Rent Estimate of $890. This single family home has 0 bedrooms,0 bathrooms, and was built in 1995. This property has an estimated 15 year annualized Yield of 6.28% and Total Return of 18.67%. The estimated 1 year forecast in home value for 118 E Travis St is 5.15%.

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

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Similar Investment Properties By List Price within 2 miles

No Properties available

Nearest zipcodes within 2 miles

No Zipcodes available