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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

147 County Road 2378 Alba, TX 75410

0 Beds 0 Baths 2,445 sqft Built 2002
Last updated:  Jan 23, 2020

INVESTimate

$247,712

$209K - $286K

Price Est.

$1,523

$1.3K - $1.7K

Rent Est.

$267,975  ( +8.18%)   1 YR EST. FORECAST
  
  
  

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147 County Road 2378 PROPERTY INFO

FACTS
  • Built In 2002
  • Price/Sqft : $101.31
CONSTRUCTION
  • Beds : 0
  • Floor Size : 2,445 sqft
  • Baths : 0 Full

147 County Road 2378 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
ALBA-GOLDEN ELEMENTARY SCHOOL Primary Regular 394 29 5

ALBA-GOLDEN ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 394
  • # of teachers: 29
5
GreatSchools Rating
 

Financial Details

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Neighborhood

ALBA

  • 5,152

    POPULATION
  • 1,950

    HOUSEHOLDS
  • 49.1%

    WHITE COLLAR

Neighborhood : ALBA

HOUSEHOLDS
1,950
POPULATION

5,152

19.0%Renters
81.0%Home Owners
LABOR FORCE

 

49.1%White Collar
50.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 20% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,523 per month.

MY RENT : $1,523 MEDIAN RENT : $1,191

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 5.2%
$900-999 14.6%
$1,000-1,499 59.8%
>=$1,500 20.4%
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 $1,523 would therefore be considered affordable for annual household incomes greater than $60,920 (12 months x 3.333 x $1,523).

Rent % Affordability
Above $500 79.9%
Above $700 70.8%
Above $1,100 57.0%
Above $1,500 41.4%
Above $1,900 29.2%
HOUSEHOLD INCOME RANGE

Approximately 472 of households in this neighborhood have a total annual income of $60,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,523 per month.

MINIMUM INCOME RANGE : $60,920

Income % Distribution
<$20K 20.1%
$20K-$35K 17.6%
$35K-$60K 20.9%
$60K-$100K 28.2%
>=$100K 13.2%
COMMUTE TIME DISTRIBUTION

47% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.6%
5-9 mins 9.9%
10-14 mins 9.0%
15-19 mins 16.3%
20-29 mins 19.6%
30-44 mins 11.1%
45-59 mins 7.4%
>60 mins 19.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 20% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,523 per month.

MY RENT : $1,523 MEDIAN RENT : $1,191

Rent % Distribution
$500-699 0.0%
$700-899 5.2%
$900-999 14.6%
$1,000-1,499 59.8%
>=$1,500 20.4%
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 $1,523 would therefore be considered affordable for annual household incomes greater than $60,920 (12 months x 3.333 x $1,523).

Rent % Affordability
Above $500 79.9%
Above $700 70.8%
Above $1,100 57.0%
Above $1,500 41.4%
Above $1,900 29.2%
HOUSEHOLD INCOME RANGE

Approximately 472 of households in this neighborhood have a total annual income of $60,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,523 per month.

MINIMUM INCOME RANGE : $60,920

Income % Distribution
<$20K 20.1%
$20K-$35K 17.6%
$35K-$60K 20.9%
$60K-$100K 28.2%
>=$100K 13.2%
COMMUTE TIME DISTRIBUTION

47% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.6%
5-9 mins 9.9%
10-14 mins 9.0%
15-19 mins 16.3%
20-29 mins 19.6%
30-44 mins 11.1%
45-59 mins 7.4%
>60 mins 19.0%

ALBA Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 7.4%
Arts & Entertainment 8.3%
Construction 9.9%
Manufacturing 10.2%
Retail & Wholesale Trader 16.4%
Transportation 8.6%
Other 39.2%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 27% is 24 or younger and 27% is 65 or older.

Age % Distribution
<15 19.5%
15-19 3.2%
20-24 4.6%
25-44 16.1%
45-65 29.9%
66+ 26.6%
OCCUPATION

Occupation % Distribution
Education 5.7%
Healthcare 6.9%
Management, Business, & Financial 8.3%
Natural Resources Maintenance 22.3%
Production & Transportation 13.7%
Sales & Office 23.7%
Other 19.4%
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 4.8%
High School 34.9%
Masters Degree 2.5%
Some College 31.5%
Some High School 18.2%
Other 8.1%

147 County Road 2378 Comps

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147 County Road 2378, Alba, TX 75410 is a single family home of 2,445 sqft. HomeUnion INVESTimateĀ® for 147 County Road 2378 includes a Price Estimate of $247,712 and a Rent Estimate of $1,523. This single family home has 0 bedrooms,0 bathrooms, and was built in 2002. This property has an estimated 15 year annualized Yield of 7.38% and Total Return of 24.27%. The estimated 1 year forecast in home value for 147 County Road 2378 is 8.18%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , WOOD County , or the 75410 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 75765
  2. 75002
  3. 75440