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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

1532 Glenn Ln Glenn Heights, TX 75154

3 Beds 2 Baths 1,254 sqft Built 1995
Last updated:  Nov 28, 2019

INVESTimate

$181,652

$169K - $194K

Price Est.

$1,380

$1.3K - $1.5K

Rent Est.

$196,874  ( +8.38%)   1 YR EST. FORECAST
  
  
  

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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

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
FRANK D. MOATES ELEMENTARY SCHOOL Primary Regular 645 38 4
CURTISTENE S MCCOWAN MIDDLE SCHOOL Middle Regular 872 57 3

FRANK D. MOATES ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 645
  • # of teachers: 38
4
GreatSchools Rating

CURTISTENE S MCCOWAN MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 872
  • # of teachers: 57
3
GreatSchools Rating
 

Financial Details

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Neighborhood

Bear Creek Meadows

  • 476

    POPULATION
  • 157

    HOUSEHOLDS
  • 74.6%

    WHITE COLLAR

Neighborhood : Bear Creek Meadows

HOUSEHOLDS
157
POPULATION

476

37.1%Renters
62.9%Home Owners
LABOR FORCE

 

74.6%White Collar
25.4%Blue Collar
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

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 99.0%
>=$1,500 1.0%
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).

Rent % Affordability
Above $500 83.0%
Above $700 78.4%
Above $1,100 65.2%
Above $1,500 54.7%
Above $1,900 36.5%
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

Income % Distribution
<$20K 17.0%
$20K-$35K 11.3%
$35K-$60K 17.0%
$60K-$100K 32.1%
>=$100K 22.6%
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.

Time (mins) % Distribution
<5 mins 2.0%
5-9 mins 4.4%
10-14 mins 3.9%
15-19 mins 13.7%
20-29 mins 22.1%
30-44 mins 31.4%
45-59 mins 13.2%
>60 mins 9.3%
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

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 99.0%
>=$1,500 1.0%
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).

Rent % Affordability
Above $500 83.0%
Above $700 78.4%
Above $1,100 65.2%
Above $1,500 54.7%
Above $1,900 36.5%
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

Income % Distribution
<$20K 17.0%
$20K-$35K 11.3%
$35K-$60K 17.0%
$60K-$100K 32.1%
>=$100K 22.6%
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.

Time (mins) % Distribution
<5 mins 2.0%
5-9 mins 4.4%
10-14 mins 3.9%
15-19 mins 13.7%
20-29 mins 22.1%
30-44 mins 31.4%
45-59 mins 13.2%
>60 mins 9.3%

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

Nearest zipcodes within 2 miles

  1. 75115
  2. 75146