INVESTimate
$30,419
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124 Forest Crk PROPERTY INFO
FACTS
- Built In 2000
- Price/Sqft : $57.95
CONSTRUCTION
- Beds : 0
- Floor Size : 1,232 sqft
- Baths : 0 Full
124 Forest Crk SCHOOLS
Financial Details
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Crescent Creek
Neighborhood : Crescent Creek
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 84% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,085 per month.
MY RENT : $1,085 MEDIAN RENT : $1,177
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 $1,085 would therefore be considered affordable for annual household incomes greater than $43,400 (12 months x 3.333 x $1,085).
HOUSEHOLD INCOME RANGE
Approximately 13 of households in this neighborhood have a total annual income of $43,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,085 per month.
MINIMUM INCOME RANGE : $43,400
COMMUTE TIME DISTRIBUTION
64% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.
Crescent Creek Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Educational Services | 14.7% |
Health Care & Social Assistance | 17.6% |
Manufacturing | 5.9% |
Professional & Scientific Tech Services | 14.7% |
Public Administration | 5.9% |
Retail & Wholesale Trader | 17.6% |
Other | 23.5% |
AGE DISTRIBUTION
55% of the population is between the ages of 25 and 64, 34% is 24 or younger and 11% is 65 or older.
Age | % Distribution |
---|---|
<15 | 12.5% |
15-19 | 10.0% |
20-24 | 11.2% |
25-44 | 27.5% |
45-65 | 27.5% |
66+ | 11.2% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 16.0% |
Construction | 8.0% |
Healthcare | 12.0% |
Management, Business, & Financial | 16.0% |
Natural Resources Maintenance | 16.0% |
Sales & Office | 20.0% |
Other | 12.0% |
HIGHEST EDUCATION LEVEL
20% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 15.2% |
High School | 34.8% |
Professional | 2.2% |
Some College | 30.4% |
Some High School | 4.3% |
Other | 13.0% |
124 Forest Crk Comps
124 Forest Crk, Bruceville, TX 76630 is a single family home of 1,232 sqft. HomeUnion INVESTimateĀ® for 124 Forest Crk includes a Price Estimate of $71,391 and a Rent Estimate of $1,085. This single family home has 0 bedrooms,0 bathrooms, and was built in 2000. This property has an estimated 15 year annualized Yield of 18.24% and Total Return of 31.65%. The estimated 1 year forecast in home value for 124 Forest Crk is 4.8%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , MCLENNAN County , or the 76630 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2