INVESTimate
$51,455
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122 E Alvarado PROPERTY INFO
FACTS
- Built In 1799
- Price/Sqft : $289.95
CONSTRUCTION
- Beds : 0
- Floor Size : 520 sqft
- Baths : 0 Full
122 E Alvarado SCHOOLS
Financial Details
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Pueblo Nuevo
Neighborhood : Pueblo Nuevo
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 89% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $747 per month.
MY RENT : $747 MEDIAN RENT : $930
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 $747 would therefore be considered affordable for annual household incomes greater than $29,880 (12 months x 3.333 x $747).
HOUSEHOLD INCOME RANGE
Approximately 338 of households in this neighborhood have a total annual income of $29,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $747 per month.
MINIMUM INCOME RANGE : $29,880
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.
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% |
122 E Alvarado Comps
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122 E Alvarado, Laredo, TX 78043 is a single family home of 520 sqft. HomeUnion INVESTimateĀ® for 122 E Alvarado includes a Price Estimate of $150,774 and a Rent Estimate of $747. This single family home has 0 bedrooms,0 bathrooms, and was built in 1799. This property has an estimated 15 year annualized Yield of 5.95% and Total Return of 9.11%. The estimated 1 year forecast in home value for 122 E Alvarado 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
