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1532 Glenn Ln PROPERTY INFO
FACTS
- Built In 1995
- Price/Sqft : $144.86
CONSTRUCTION
- Beds : 3
- Floor Size : 1,254 sqft
- Baths : 2 Full
1532 Glenn Ln SCHOOLS
Financial Details
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Bear Creek Meadows
Neighborhood : Bear Creek Meadows
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 25% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,380 per month.
MY RENT : $1,380 MEDIAN RENT : $1,371
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 $1,380 would therefore be considered affordable for annual household incomes greater than $55,200 (12 months x 3.333 x $1,380).
HOUSEHOLD INCOME RANGE
Approximately 89 of households in this neighborhood have a total annual income of $55,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,380 per month.
MINIMUM INCOME RANGE : $55,200
COMMUTE TIME DISTRIBUTION
67% of the working population has a commute time of 15 to 44 minutes, 10% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.
Bear Creek Meadows Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 15.7% |
| Educational Services | 12.0% |
| Health Care & Social Assistance | 21.3% |
| Professional & Scientific Tech Services | 6.0% |
| Retail & Wholesale Trader | 21.3% |
| Transportation | 5.6% |
| Other | 18.1% |
AGE DISTRIBUTION
49% of the population is between the ages of 25 and 64, 43% is 24 or younger and 8% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 22.3% |
| 15-19 | 12.2% |
| 20-24 | 8.2% |
| 25-44 | 27.9% |
| 45-65 | 21.2% |
| 66+ | 8.2% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 9.0% |
| Healthcare | 12.9% |
| Management, Business, & Financial | 20.0% |
| Natural Resources Maintenance | 5.2% |
| Production & Transportation | 10.3% |
| Sales & Office | 32.9% |
| Other | 9.7% |
HIGHEST EDUCATION LEVEL
15% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 6.7% |
| High School | 29.6% |
| Masters Degree | 7.9% |
| Some College | 35.2% |
| Some High School | 12.7% |
| Other | 7.9% |
1532 Glenn Ln Comps
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1532 Glenn Ln, Glenn Heights, TX 75154 is a single family home of 1,254 sqft. HomeUnion INVESTimateĀ® for 1532 Glenn Ln includes a Price Estimate of $181,652 and a Rent Estimate of $1,380. This single family home has 3 bedrooms,2 bathrooms, and was built in 1995. This property has an estimated 15 year annualized Yield of 9.12% and Total Return of 27.64%. The estimated 1 year forecast in home value for 1532 Glenn Ln is 8.38%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , DALLAS County , or the 75154 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
