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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

1501 Piedra China St Laredo, TX 78040

0 Beds 0 Baths 1,258 sqft Built 1799
Last updated:  May 30, 2018

INVESTimate

$90,962

$81.5K - $100K

Price Est.

$971

900 - $1.0K

Rent Est.

$93,918  ( +3.25%)   1 YR EST. FORECAST
  
  
  

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1501 Piedra China St PROPERTY INFO

FACTS
  • Built In 1799
  • Price/Sqft : $72.31
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,258 sqft
  • Baths : 0 Full

1501 Piedra China St SCHOOLS

Sorry, we do not have sufficient school data for this neighborhood.
 

Financial Details

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Neighborhood

Chacon

  • 4,240

    POPULATION
  • 991

    HOUSEHOLDS
  • 35.5%

    WHITE COLLAR

Neighborhood : Chacon

HOUSEHOLDS
991
POPULATION

4,240

51.5%Renters
48.5%Home Owners
LABOR FORCE

 

35.5%White Collar
64.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 39% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $971 per month.

MY RENT : $971 MEDIAN RENT : $902

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 49.5%
$900-999 16.2%
$1,000-1,499 33.2%
>=$1,500 1.1%
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 $971 would therefore be considered affordable for annual household incomes greater than $38,840 (12 months x 3.333 x $971).

Rent % Affordability
Above $500 53.0%
Above $700 43.7%
Above $1,100 24.4%
Above $1,500 19.4%
Above $1,900 9.7%
HOUSEHOLD INCOME RANGE

Approximately 257 of households in this neighborhood have a total annual income of $38,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $971 per month.

MINIMUM INCOME RANGE : $38,840

Income % Distribution
<$20K 47.0%
$20K-$35K 15.0%
$35K-$60K 18.6%
$60K-$100K 18.9%
>=$100K 0.5%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.7%
5-9 mins 9.8%
10-14 mins 10.7%
15-19 mins 16.2%
20-29 mins 23.8%
30-44 mins 27.0%
45-59 mins 4.8%
>60 mins 5.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 39% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $971 per month.

MY RENT : $971 MEDIAN RENT : $902

Rent % Distribution
$500-699 0.0%
$700-899 49.5%
$900-999 16.2%
$1,000-1,499 33.2%
>=$1,500 1.1%
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 $971 would therefore be considered affordable for annual household incomes greater than $38,840 (12 months x 3.333 x $971).

Rent % Affordability
Above $500 53.0%
Above $700 43.7%
Above $1,100 24.4%
Above $1,500 19.4%
Above $1,900 9.7%
HOUSEHOLD INCOME RANGE

Approximately 257 of households in this neighborhood have a total annual income of $38,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $971 per month.

MINIMUM INCOME RANGE : $38,840

Income % Distribution
<$20K 47.0%
$20K-$35K 15.0%
$35K-$60K 18.6%
$60K-$100K 18.9%
>=$100K 0.5%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.7%
5-9 mins 9.8%
10-14 mins 10.7%
15-19 mins 16.2%
20-29 mins 23.8%
30-44 mins 27.0%
45-59 mins 4.8%
>60 mins 5.0%

Chacon Demographics

INDUSTRY

Industry % Distribution
Administrative Support 8.6%
Arts & Entertainment 10.0%
Educational Services 18.5%
Health Care & Social Assistance 15.9%
Retail & Wholesale Trader 15.9%
Transportation 10.4%
Other 20.7%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 44% is 24 or younger and 10% is 65 or older.

Age % Distribution
<15 29.9%
15-19 5.8%
20-24 8.1%
25-44 24.9%
45-65 21.5%
66+ 9.9%
OCCUPATION

Occupation % Distribution
Clean 9.0%
Education 8.3%
Healthcare 7.8%
Natural Resources Maintenance 10.7%
Production & Transportation 24.2%
Sales & Office 21.9%
Other 18.1%
HIGHEST EDUCATION LEVEL

4% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 3.1%
High School 27.5%
Masters Degree 0.7%
Some College 13.5%
Some High School 50.4%
Other 4.8%

1501 Piedra China St Comps

Sorry, we do not have sufficient data available.

1501 Piedra China St, Laredo, TX 78040 is a single family home of 1,258 sqft. HomeUnion INVESTimate® for 1501 Piedra China St includes a Price Estimate of $90,962 and a Rent Estimate of $971. This single family home has 0 bedrooms,0 bathrooms, and was built in 1799. This property has an estimated 15 year annualized Yield of 12.81% and Total Return of 18.71%. The estimated 1 year forecast in home value for 1501 Piedra China St is 3.25%.

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