Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

1615 County Road 1200 Savoy, TX 75479

0 Beds 0 Baths 1,188 sqft Built 1998
Last updated:  Oct 23, 2019

INVESTimate

$238,233

$215K - $262K

Price Est.

$901

783 - $1.0K

Rent Est.

$256,529  ( +7.68%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL PARKWAY #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 3301 HENDERSON MILL RD F2 Atlanta, GA
    • 4 beds 3 baths ∙ 1,752 Sqft ∙ Built 1969 ∙ 1units 4 beds 3 baths ∙ 1,752 Sqft ∙ Built 1969 ∙ 1units
    AVAILABLE fmls
    • 14.72% GROSS YIELD
    • $9,479 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $190,000
    • $56,100
    • $2,330
  • 5703 WOODGREEN San Antonio, TX
    • 4 beds 2 baths ∙ 1,379 Sqft ∙ Built 1972 ∙ 1units 4 beds 2 baths ∙ 1,379 Sqft ∙ Built 1972 ∙ 1units
    AVAILABLE
    • 12.64% GROSS YIELD
    • $7,139 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $117,700
    • $36,940
    • $1,240
  • 135 CHILLACOTHE TRAIL Mabank, TX
    • 3 beds 2 baths ∙ 1,568 Sqft ∙ Built 1989 ∙ 1units 3 beds 2 baths ∙ 1,568 Sqft ∙ Built 1989 ∙ 1units
    AVAILABLE
    • 12.59% GROSS YIELD
    • $6,132 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $102,000
    • $32,780
    • $1,070

1615 County Road 1200 PROPERTY INFO

FACTS
  • Built In 1998
  • Price/Sqft : $200.53
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,188 sqft
  • Baths : 0 Full

1615 County Road 1200 SCHOOLS

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

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

SAVOY

  • 1,754

    POPULATION
  • 654

    HOUSEHOLDS
  • 58.0%

    WHITE COLLAR

Neighborhood : SAVOY

HOUSEHOLDS
654
POPULATION

1,754

20.3%Renters
79.7%Home Owners
LABOR FORCE

 

58.0%White Collar
42.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 83% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $901 per month.

MY RENT : $901 MEDIAN RENT : $1,113

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 17.1%
$900-999 18.5%
$1,000-1,499 57.6%
>=$1,500 6.8%
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 $901 would therefore be considered affordable for annual household incomes greater than $36,040 (12 months x 3.333 x $901).

Rent % Affordability
Above $500 83.3%
Above $700 71.8%
Above $1,100 54.8%
Above $1,500 34.2%
Above $1,900 26.8%
HOUSEHOLD INCOME RANGE

Approximately 307 of households in this neighborhood have a total annual income of $36,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $901 per month.

MINIMUM INCOME RANGE : $36,040

Income % Distribution
<$20K 16.7%
$20K-$35K 16.8%
$35K-$60K 32.3%
$60K-$100K 21.7%
>=$100K 12.4%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 6.6%
10-14 mins 9.5%
15-19 mins 11.1%
20-29 mins 27.7%
30-44 mins 26.4%
45-59 mins 7.6%
>60 mins 9.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 83% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $901 per month.

MY RENT : $901 MEDIAN RENT : $1,113

Rent % Distribution
$500-699 0.0%
$700-899 17.1%
$900-999 18.5%
$1,000-1,499 57.6%
>=$1,500 6.8%
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 $901 would therefore be considered affordable for annual household incomes greater than $36,040 (12 months x 3.333 x $901).

Rent % Affordability
Above $500 83.3%
Above $700 71.8%
Above $1,100 54.8%
Above $1,500 34.2%
Above $1,900 26.8%
HOUSEHOLD INCOME RANGE

Approximately 307 of households in this neighborhood have a total annual income of $36,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $901 per month.

MINIMUM INCOME RANGE : $36,040

Income % Distribution
<$20K 16.7%
$20K-$35K 16.8%
$35K-$60K 32.3%
$60K-$100K 21.7%
>=$100K 12.4%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 6.6%
10-14 mins 9.5%
15-19 mins 11.1%
20-29 mins 27.7%
30-44 mins 26.4%
45-59 mins 7.6%
>60 mins 9.5%

SAVOY Demographics

INDUSTRY

Industry % Distribution
Construction 5.9%
Educational Services 16.1%
Health Care & Social Assistance 14.9%
Manufacturing 14.6%
Professional & Scientific Tech Services 6.8%
Retail & Wholesale Trader 13.4%
Other 28.5%
AGE DISTRIBUTION

48% of the population is between the ages of 25 and 64, 29% is 24 or younger and 23% is 65 or older.

Age % Distribution
<15 14.7%
15-19 7.7%
20-24 6.8%
25-44 19.5%
45-65 28.2%
66+ 23.1%
OCCUPATION

Occupation % Distribution
Construction 10.6%
Healthcare 10.0%
Management, Business, & Financial 12.3%
Natural Resources Maintenance 11.2%
Production & Transportation 19.6%
Sales & Office 17.5%
Other 18.9%
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 9.4%
High School 33.9%
Masters Degree 5.2%
Some College 27.5%
Some High School 13.8%
Other 10.1%

1615 County Road 1200 Comps

Sorry, we do not have sufficient data available.

1615 County Road 1200, Savoy, TX 75479 is a single family home of 1,188 sqft. HomeUnion INVESTimateĀ® for 1615 County Road 1200 includes a Price Estimate of $238,233 and a Rent Estimate of $901. This single family home has 0 bedrooms,0 bathrooms, and was built in 1998. This property has an estimated 15 year annualized Yield of 4.54% and Total Return of 18.88%. The estimated 1 year forecast in home value for 1615 County Road 1200 is 7.68%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , FANNIN County , or the 75479 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 75414
  2. 75090
  3. 75021