Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

1428 Oriole Ln Garland, TX 75042

2 Beds 2 Baths 1,592 sqft Built 1957
Last updated:  Jun 30, 2018

INVESTimate

$167,307

$158K - $177K

Price Est.

$1,512

$1.4K - $1.6K

Rent Est.

$182,950  ( +9.35%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 7518 Morley STREET Houston, TX
    • 11 beds 6 baths ∙ 3,016 Sqft ∙ Built 1980 ∙ 6units 11 beds 6 baths ∙ 3,016 Sqft ∙ Built 1980 ∙ 6units
    AVAILABLE
    • 14.87% GROSS YIELD
    • $18,272 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $345,000
    • $116,425
    • $4,275
  • 3134 MARIBELLE San Antonio, TX
    • 3 beds 2 baths ∙ 2,033 Sqft ∙ Built 1973 3 beds 2 baths ∙ 2,033 Sqft ∙ Built 1973
    AVAILABLE
    • 13.85% GROSS YIELD
    • $6,149 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $40,650
    • $1,270
  • 175 SPUR 3007 Scroggins, TX
    • 3 beds 3 baths ∙ 2,736 Sqft ∙ Built 1986 3 beds 3 baths ∙ 2,736 Sqft ∙ Built 1986
    AVAILABLE
    • 13.62% GROSS YIELD
    • $15,584 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $200,000
    • $64,500
    • $2,270
  • 8037 Roy Road Indianapolis, IN
    • 3 beds 1 baths ∙ 1,140 Sqft ∙ Built 1959 3 beds 1 baths ∙ 1,140 Sqft ∙ Built 1959
    AVAILABLE
    • 13.39% GROSS YIELD
    • $5,173 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $75,300
    • $31,454
    • $840

1428 Oriole Ln PROPERTY INFO

FACTS
  • Built In 1957
  • Price/Sqft : $105.09
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,592 sqft
  • Baths : 2 Full

1428 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

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
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 36% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,512 per month.

MY RENT : $1,512 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 $1,512 would therefore be considered affordable for annual household incomes greater than $60,480 (12 months x 3.333 x $1,512).

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 61 of households in this neighborhood have a total annual income of $60,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,512 per month.

MINIMUM INCOME RANGE : $60,480

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 36% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,512 per month.

MY RENT : $1,512 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 $1,512 would therefore be considered affordable for annual household incomes greater than $60,480 (12 months x 3.333 x $1,512).

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 61 of households in this neighborhood have a total annual income of $60,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,512 per month.

MINIMUM INCOME RANGE : $60,480

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%

1428 Oriole Ln Comps

Sorry, we do not have sufficient data available.

1428 Oriole Ln, Garland, TX 75042 is a single family home of 1,592 sqft. HomeUnion INVESTimate® for 1428 Oriole Ln includes a Price Estimate of $167,307 and a Rent Estimate of $1,512. This single family home has 2 bedrooms,2 bathrooms, and was built in 1957. This property has an estimated 15 year annualized Yield of 10.84% and Total Return of 28.88%. The estimated 1 year forecast in home value for 1428 Oriole Ln is 9.35%.

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