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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

12304 Twin Branch Acres Rd Tampa, FL 33626

4 Beds 4 Baths 4,164 sqft Built 1998
Last updated:  Jan 23, 2020

INVESTimate

$711,405

$689K - $734K

Price Est.

$4,139

$3.9K - $4.4K

Rent Est.

$753,164  ( +5.87%)   1 YR EST. FORECAST
  
  
  

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12304 Twin Branch Acres Rd PROPERTY INFO

FACTS
  • Built In 1998
  • Price/Sqft : $170.85
CONSTRUCTION
  • Beds : 4
  • Floor Size : 4,164 sqft
  • Baths : 3 Full 1 Half

12304 Twin Branch Acres Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
DEER PARK ELEMENTARY SCHOOL Primary Regular 990 67 10
FARNELL MIDDLE SCHOOL Middle Regular 1,259 68 9
ALONSO HIGH SCHOOL High Regular 2,377 131 6

DEER PARK ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 990
  • # of teachers: 67
10
GreatSchools Rating

FARNELL MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,259
  • # of teachers: 68
9
GreatSchools Rating

ALONSO HIGH SCHOOL

  • Education Level: High
  • # of students: 2,377
  • # of teachers: 131
6
GreatSchools Rating
 

Financial Details

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Neighborhood

Twin Branch Acres

  • 727

    POPULATION
  • 217

    HOUSEHOLDS
  • 89.2%

    WHITE COLLAR

Neighborhood : Twin Branch Acres

HOUSEHOLDS
217
POPULATION

727

1.4%Renters
98.6%Home Owners
LABOR FORCE

 

89.2%White Collar
10.8%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 $4,139 per month.

MY RENT : $4,139 MEDIAN RENT : $2,717

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.4%
>=$1,500 99.6%
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 $4,139 would therefore be considered affordable for annual household incomes greater than $165,560 (12 months x 3.333 x $4,139).

Rent % Affordability
Above $500 100.0%
Above $700 100.0%
Above $1,100 98.1%
Above $1,500 94.0%
Above $1,900 68.2%
HOUSEHOLD INCOME RANGE

Approximately 39 of households in this neighborhood have a total annual income of $165,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $4,139 per month.

MINIMUM INCOME RANGE : $165,560

Income % Distribution
<$20K 0.0%
$20K-$35K 1.9%
$35K-$60K 4.2%
$60K-$100K 40.9%
>=$100K 53.0%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 2.6%
10-14 mins 23.3%
15-19 mins 3.3%
20-29 mins 22.4%
30-44 mins 38.6%
45-59 mins 6.8%
>60 mins 3.1%
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 $4,139 per month.

MY RENT : $4,139 MEDIAN RENT : $2,717

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.4%
>=$1,500 99.6%
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 $4,139 would therefore be considered affordable for annual household incomes greater than $165,560 (12 months x 3.333 x $4,139).

Rent % Affordability
Above $500 100.0%
Above $700 100.0%
Above $1,100 98.1%
Above $1,500 94.0%
Above $1,900 68.2%
HOUSEHOLD INCOME RANGE

Approximately 39 of households in this neighborhood have a total annual income of $165,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $4,139 per month.

MINIMUM INCOME RANGE : $165,560

Income % Distribution
<$20K 0.0%
$20K-$35K 1.9%
$35K-$60K 4.2%
$60K-$100K 40.9%
>=$100K 53.0%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 2.6%
10-14 mins 23.3%
15-19 mins 3.3%
20-29 mins 22.4%
30-44 mins 38.6%
45-59 mins 6.8%
>60 mins 3.1%

Twin Branch Acres Demographics

INDUSTRY

Industry % Distribution
Administrative Support 8.3%
Educational Services 11.3%
Financial Industries 12.2%
Health Care & Social Assistance 6.8%
Professional & Scientific Tech Services 16.6%
Retail & Wholesale Trader 27.9%
Other 16.8%
AGE DISTRIBUTION

71% of the population is between the ages of 25 and 64, 27% is 24 or younger and 3% is 65 or older.

Age % Distribution
<15 12.9%
15-19 11.6%
20-24 2.1%
25-44 24.6%
45-65 45.9%
66+ 2.9%
OCCUPATION

Occupation % Distribution
Computer Engineering 8.2%
Construction 13.2%
Healthcare 6.3%
Management, Business, & Financial 42.9%
Natural Resources Maintenance 6.6%
Sales & Office 16.3%
Other 6.6%
HIGHEST EDUCATION LEVEL

13% 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 30.3%
Masters Degree 6.8%
Some College 17.5%
Some High School 2.1%
Other 38.5%

12304 Twin Branch Acres Rd Comps

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12304 Twin Branch Acres Rd, Tampa, FL 33626 is a single family home of 4,164 sqft. HomeUnion INVESTimateĀ® for 12304 Twin Branch Acres Rd includes a Price Estimate of $711,405 and a Rent Estimate of $4,139. This single family home has 4 bedrooms,4 bathrooms, and was built in 1998. This property has an estimated 15 year annualized Yield of 6.98% and Total Return of 20.43%. The estimated 1 year forecast in home value for 12304 Twin Branch Acres Rd is 5.87%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , HILLSBOROUGH County , or the 33626 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 33635
  2. 34677