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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

1320 Corpus Christi St Laredo, TX 78040

0 Beds 0 Baths 1,560 sqft Built 1926
Last updated:  Oct 23, 2019

INVESTimate

$220,548

$199K - $243K

Price Est.

$958

897 - $1.0K

Rent Est.

$230,693  ( +4.6%)   1 YR EST. FORECAST
  
  
  

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1320 Corpus Christi St PROPERTY INFO

FACTS
  • Built In 1926
  • Price/Sqft : $141.38
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,560 sqft
  • Baths : 0 Full

1320 Corpus Christi St SCHOOLS

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Financial Details

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Neighborhood

Las Lomas

  • 7,703

    POPULATION
  • 2,240

    HOUSEHOLDS
  • 45.3%

    WHITE COLLAR

Neighborhood : Las Lomas

HOUSEHOLDS
2,240
POPULATION

7,703

52.4%Renters
47.6%Home Owners
LABOR FORCE

 

45.3%White Collar
54.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 45% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $958 per month.

MY RENT : $958 MEDIAN RENT : $925

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 44.8%
$900-999 17.2%
$1,000-1,499 36.0%
>=$1,500 2.0%
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 $958 would therefore be considered affordable for annual household incomes greater than $38,320 (12 months x 3.333 x $958).

Rent % Affordability
Above $500 59.3%
Above $700 50.3%
Above $1,100 33.5%
Above $1,500 19.0%
Above $1,900 12.4%
HOUSEHOLD INCOME RANGE

Approximately 606 of households in this neighborhood have a total annual income of $38,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $958 per month.

MINIMUM INCOME RANGE : $38,320

Income % Distribution
<$20K 40.7%
$20K-$35K 18.0%
$35K-$60K 22.3%
$60K-$100K 14.8%
>=$100K 4.2%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 37% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.4%
5-9 mins 12.0%
10-14 mins 23.6%
15-19 mins 26.6%
20-29 mins 23.0%
30-44 mins 8.3%
45-59 mins 3.8%
>60 mins 1.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 45% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $958 per month.

MY RENT : $958 MEDIAN RENT : $925

Rent % Distribution
$500-699 0.0%
$700-899 44.8%
$900-999 17.2%
$1,000-1,499 36.0%
>=$1,500 2.0%
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 $958 would therefore be considered affordable for annual household incomes greater than $38,320 (12 months x 3.333 x $958).

Rent % Affordability
Above $500 59.3%
Above $700 50.3%
Above $1,100 33.5%
Above $1,500 19.0%
Above $1,900 12.4%
HOUSEHOLD INCOME RANGE

Approximately 606 of households in this neighborhood have a total annual income of $38,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $958 per month.

MINIMUM INCOME RANGE : $38,320

Income % Distribution
<$20K 40.7%
$20K-$35K 18.0%
$35K-$60K 22.3%
$60K-$100K 14.8%
>=$100K 4.2%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 37% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.4%
5-9 mins 12.0%
10-14 mins 23.6%
15-19 mins 26.6%
20-29 mins 23.0%
30-44 mins 8.3%
45-59 mins 3.8%
>60 mins 1.2%

Las Lomas Demographics

INDUSTRY

Industry % Distribution
Administrative Support 7.9%
Arts & Entertainment 10.4%
Educational Services 12.9%
Health Care & Social Assistance 18.7%
Retail & Wholesale Trader 15.3%
Transportation 9.8%
Other 25.1%
AGE DISTRIBUTION

42% of the population is between the ages of 25 and 64, 41% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 25.2%
15-19 7.3%
20-24 8.7%
25-44 24.8%
45-65 17.7%
66+ 16.3%
OCCUPATION

Occupation % Distribution
Clean 11.5%
Healthcare 8.3%
Management, Business, & Financial 5.3%
Natural Resources Maintenance 7.7%
Production & Transportation 18.0%
Sales & Office 27.3%
Other 21.9%
HIGHEST EDUCATION LEVEL

11% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.5%
High School 27.9%
Masters Degree 3.7%
Some College 16.2%
Some High School 37.5%
Other 8.2%

1320 Corpus Christi St Comps

Sorry, we do not have sufficient data available.

1320 Corpus Christi St, Laredo, TX 78040 is a single family home of 1,560 sqft. HomeUnion INVESTimateĀ® for 1320 Corpus Christi St includes a Price Estimate of $220,548 and a Rent Estimate of $958. This single family home has 0 bedrooms,0 bathrooms, and was built in 1926. This property has an estimated 15 year annualized Yield of 5.21% and Total Return of 11.33%. The estimated 1 year forecast in home value for 1320 Corpus Christi St is 4.6%.

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

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