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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

1411 Oriole Ln Garland, TX 75042

3 Beds 2 Baths 1,520 sqft Built 1956
Last updated:  Oct 23, 2019

INVESTimate

$210,761

$189K - $232K

Price Est.

$1,494

$1.4K - $1.6K

Rent Est.

$235,905  ( +11.93%)   1 YR EST. FORECAST
  
  
  

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1411 Oriole Ln PROPERTY INFO

FACTS
  • Built In 1956
  • Price/Sqft : $138.66
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,520 sqft
  • Baths : 2 Full

1411 Oriole Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HILLSIDE ACADEMY FOR EXCEL Primary Magnet 446 29 10
CLASSICAL CENTER AT BRANDENBURG MIDDLE SCHOOL Middle Magnet 1,153 62 8
SACHSE HIGH SCHOOL High Regular 2,609 152 7

HILLSIDE ACADEMY FOR EXCEL

  • Education Level: Primary
  • # of students: 446
  • # of teachers: 29
10
GreatSchools Rating

CLASSICAL CENTER AT BRANDENBURG MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,153
  • # of teachers: 62
8
GreatSchools Rating

SACHSE HIGH SCHOOL

  • Education Level: High
  • # of students: 2,609
  • # of teachers: 152
7
GreatSchools Rating
 

Financial Details

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Neighborhood

Meadow Lark Estates

  • 975

    POPULATION
  • 352

    HOUSEHOLDS
  • 52.7%

    WHITE COLLAR

Neighborhood : Meadow Lark Estates

HOUSEHOLDS
352
POPULATION

975

34.8%Renters
65.2%Home Owners
LABOR FORCE

 

52.7%White Collar
47.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 37% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,494 per month.

MY RENT : $1,494 MEDIAN RENT : $1,440

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 63.6%
>=$1,500 36.4%
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 $1,494 would therefore be considered affordable for annual household incomes greater than $59,760 (12 months x 3.333 x $1,494).

Rent % Affordability
Above $500 85.5%
Above $700 76.3%
Above $1,100 52.7%
Above $1,500 31.5%
Above $1,900 18.9%
HOUSEHOLD INCOME RANGE

Approximately 112 of households in this neighborhood have a total annual income of $59,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,494 per month.

MINIMUM INCOME RANGE : $59,760

Income % Distribution
<$20K 14.5%
$20K-$35K 18.2%
$35K-$60K 35.8%
$60K-$100K 23.6%
>=$100K 8.0%
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.

Time (mins) % Distribution
<5 mins 0.8%
5-9 mins 6.1%
10-14 mins 9.4%
15-19 mins 12.2%
20-29 mins 12.8%
30-44 mins 25.8%
45-59 mins 27.3%
>60 mins 5.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 37% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,494 per month.

MY RENT : $1,494 MEDIAN RENT : $1,440

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 63.6%
>=$1,500 36.4%
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 $1,494 would therefore be considered affordable for annual household incomes greater than $59,760 (12 months x 3.333 x $1,494).

Rent % Affordability
Above $500 85.5%
Above $700 76.3%
Above $1,100 52.7%
Above $1,500 31.5%
Above $1,900 18.9%
HOUSEHOLD INCOME RANGE

Approximately 112 of households in this neighborhood have a total annual income of $59,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,494 per month.

MINIMUM INCOME RANGE : $59,760

Income % Distribution
<$20K 14.5%
$20K-$35K 18.2%
$35K-$60K 35.8%
$60K-$100K 23.6%
>=$100K 8.0%
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.

Time (mins) % Distribution
<5 mins 0.8%
5-9 mins 6.1%
10-14 mins 9.4%
15-19 mins 12.2%
20-29 mins 12.8%
30-44 mins 25.8%
45-59 mins 27.3%
>60 mins 5.6%

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%

1411 Oriole Ln Comps

Sorry, we do not have sufficient data available.

1411 Oriole Ln, Garland, TX 75042 is a single family home of 1,520 sqft. HomeUnion INVESTimateĀ® for 1411 Oriole Ln includes a Price Estimate of $210,761 and a Rent Estimate of $1,494. This single family home has 3 bedrooms,2 bathrooms, and was built in 1956. This property has an estimated 15 year annualized Yield of 8.51% and Total Return of 36.45%. The estimated 1 year forecast in home value for 1411 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

Nearest zipcodes within 2 miles

  1. 75041
  2. 75040