Financials
INVESTimate
$64,803
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1230 Oriole Ln PROPERTY INFO
FACTS
- Built In 1958
- Price/Sqft : $179.92
CONSTRUCTION
- Beds : 3
- Floor Size : 1,118 sqft
- Baths : 1 Full
1230 Oriole Ln SCHOOLS
Financial Details
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Meadow Lark Estates
Neighborhood : Meadow Lark Estates
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 62% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,299 per month.
MY RENT : $1,299 MEDIAN RENT : $1,440
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 $1,299 would therefore be considered affordable for annual household incomes greater than $51,960 (12 months x 3.333 x $1,299).
HOUSEHOLD INCOME RANGE
Approximately 128 of households in this neighborhood have a total annual income of $51,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,299 per month.
MINIMUM INCOME RANGE : $51,960
COMMUTE TIME DISTRIBUTION
51% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 33% has a commute time of 45 minutes or longer.
Meadow Lark Estates Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Administrative Support | 13.9% |
| Arts & Entertainment | 9.0% |
| Construction | 13.7% |
| Educational Services | 7.0% |
| Manufacturing | 8.7% |
| Retail & Wholesale Trader | 17.2% |
| Other | 30.6% |
AGE DISTRIBUTION
42% 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 | 25.7% |
| 15-19 | 7.9% |
| 20-24 | 10.7% |
| 25-44 | 17.1% |
| 45-65 | 25.1% |
| 66+ | 13.4% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Clean | 7.3% |
| Construction | 3.6% |
| Management, Business, & Financial | 6.9% |
| Natural Resources Maintenance | 14.9% |
| Production & Transportation | 10.2% |
| Sales & Office | 45.8% |
| Other | 11.3% |
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 | 5.0% |
| High School | 28.3% |
| Masters Degree | 3.0% |
| Some College | 17.9% |
| Some High School | 26.1% |
| Other | 19.7% |
1230 Oriole Ln Comps
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1230 Oriole Ln, Garland, TX 75042 is a single family home of 1,118 sqft. HomeUnion INVESTimateĀ® for 1230 Oriole Ln includes a Price Estimate of $201,145 and a Rent Estimate of $1,299. This single family home has 3 bedrooms,1 bathrooms, and was built in 1958. This property has an estimated 15 year annualized Yield of 7.75% and Total Return of 34.21%. The estimated 1 year forecast in home value for 1230 Oriole Ln is 11.93%.
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
