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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

1602 Langley Dr Glenn Heights, TX 75154

4 Beds 3 Baths 1,602 sqft Built 2000
Last updated:  Dec 26, 2019

INVESTimate

$182,648

$170K - $195K

Price Est.

$1,366

$1.3K - $1.4K

Rent Est.

$197,954  ( +8.38%)   1 YR EST. FORECAST
  
  
  

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1602 Langley Dr PROPERTY INFO

FACTS
  • Built In 2000
  • Price/Sqft : $114.01
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,602 sqft
  • Baths : 2 Full 1 Half

1602 Langley Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WOODRIDGE ELEMENTARY SCHOOL Primary Regular 667 40 3
CURTISTENE S MCCOWAN MIDDLE SCHOOL Middle Regular 872 57 3

WOODRIDGE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 667
  • # of teachers: 40
3
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

Beaver Creek Estates

  • 343

    POPULATION
  • 92

    HOUSEHOLDS
  • 57.7%

    WHITE COLLAR

Neighborhood : Beaver Creek Estates

HOUSEHOLDS
92
POPULATION

343

35.2%Renters
64.8%Home Owners
LABOR FORCE

 

57.7%White Collar
42.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 73% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,366 per month.

MY RENT : $1,366 MEDIAN RENT : $1,529

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 37.0%
>=$1,500 63.0%
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 $1,366 would therefore be considered affordable for annual household incomes greater than $54,640 (12 months x 3.333 x $1,366).

Rent % Affordability
Above $500 84.6%
Above $700 79.6%
Above $1,100 54.1%
Above $1,500 42.9%
Above $1,900 27.0%
HOUSEHOLD INCOME RANGE

Approximately 41 of households in this neighborhood have a total annual income of $54,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,366 per month.

MINIMUM INCOME RANGE : $54,640

Income % Distribution
<$20K 15.4%
$20K-$35K 13.2%
$35K-$60K 28.6%
$60K-$100K 26.4%
>=$100K 16.5%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 14% 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 0.0%
5-9 mins 11.9%
10-14 mins 2.1%
15-19 mins 14.7%
20-29 mins 29.4%
30-44 mins 18.9%
45-59 mins 11.2%
>60 mins 11.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 73% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,366 per month.

MY RENT : $1,366 MEDIAN RENT : $1,529

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 37.0%
>=$1,500 63.0%
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 $1,366 would therefore be considered affordable for annual household incomes greater than $54,640 (12 months x 3.333 x $1,366).

Rent % Affordability
Above $500 84.6%
Above $700 79.6%
Above $1,100 54.1%
Above $1,500 42.9%
Above $1,900 27.0%
HOUSEHOLD INCOME RANGE

Approximately 41 of households in this neighborhood have a total annual income of $54,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,366 per month.

MINIMUM INCOME RANGE : $54,640

Income % Distribution
<$20K 15.4%
$20K-$35K 13.2%
$35K-$60K 28.6%
$60K-$100K 26.4%
>=$100K 16.5%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 14% 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 0.0%
5-9 mins 11.9%
10-14 mins 2.1%
15-19 mins 14.7%
20-29 mins 29.4%
30-44 mins 18.9%
45-59 mins 11.2%
>60 mins 11.9%

Beaver Creek Estates Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 15.7%
Construction 7.8%
Educational Services 7.8%
Health Care & Social Assistance 10.5%
Retail & Wholesale Trader 20.9%
Transportation 9.2%
Other 28.1%
AGE DISTRIBUTION

45% of the population is between the ages of 25 and 64, 48% is 24 or younger and 7% is 65 or older.

Age % Distribution
<15 30.0%
15-19 12.0%
20-24 5.5%
25-44 29.2%
45-65 16.3%
66+ 7.0%
OCCUPATION

Occupation % Distribution
Education 8.8%
Healthcare 9.6%
Management, Business, & Financial 11.4%
Natural Resources Maintenance 9.6%
Production & Transportation 15.8%
Sales & Office 24.6%
Other 20.2%
HIGHEST EDUCATION LEVEL

20% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.5%
High School 24.7%
Masters Degree 7.6%
Some College 20.9%
Some High School 20.3%
Other 17.1%

1602 Langley Dr Comps

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1602 Langley Dr, Glenn Heights, TX 75154 is a single family home of 1,602 sqft. HomeUnion INVESTimateĀ® for 1602 Langley Dr includes a Price Estimate of $182,648 and a Rent Estimate of $1,366. This single family home has 4 bedrooms,3 bathrooms, and was built in 2000. This property has an estimated 15 year annualized Yield of 8.97% and Total Return of 24.98%. The estimated 1 year forecast in home value for 1602 Langley Dr 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