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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

16870 S Interstate 35 Bruceville, TX 76630

3 Beds 2 Baths 2,298 sqft Built 1972
Last updated:  Nov 28, 2019

INVESTimate

$241,777

$215K - $269K

Price Est.

$1,806

$1.7K - $1.9K

Rent Est.

$253,382  ( +4.8%)   1 YR EST. FORECAST
  
  
  

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16870 S Interstate 35 PROPERTY INFO

FACTS
  • Built In 1972
  • Price/Sqft : $105.21
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,298 sqft
  • Baths : 2 Full

16870 S Interstate 35 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BRUCEVILLE-EDDY INTERMEDIATE SCHOOL Primary Regular 168 15 6
BRUCEVILLE-EDDY JUNIOR HIGH SCHOOL Middle Regular 142 11 7
BRUCEVILLE-EDDY HIGH SCHOOL High Regular 253 32 5

BRUCEVILLE-EDDY INTERMEDIATE SCHOOL

  • Education Level: Primary
  • # of students: 168
  • # of teachers: 15
6
GreatSchools Rating

BRUCEVILLE-EDDY JUNIOR HIGH SCHOOL

  • Education Level: Middle
  • # of students: 142
  • # of teachers: 11
7
GreatSchools Rating

BRUCEVILLE-EDDY HIGH SCHOOL

  • Education Level: High
  • # of students: 253
  • # of teachers: 32
5
GreatSchools Rating
 

Financial Details

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Neighborhood

Crescent Creek

  • 80

    POPULATION
  • 22

    HOUSEHOLDS
  • 69.6%

    WHITE COLLAR

Neighborhood : Crescent Creek

HOUSEHOLDS
22
POPULATION

80

9.1%Renters
90.9%Home Owners
LABOR FORCE

 

69.6%White Collar
30.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 4% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,806 per month.

MY RENT : $1,806 MEDIAN RENT : $1,177

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 96.3%
>=$1,500 3.7%
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 $1,806 would therefore be considered affordable for annual household incomes greater than $72,240 (12 months x 3.333 x $1,806).

Rent % Affordability
Above $500 87.5%
Above $700 76.7%
Above $1,100 62.5%
Above $1,500 50.0%
Above $1,900 37.0%
HOUSEHOLD INCOME RANGE

Approximately 8 of households in this neighborhood have a total annual income of $72,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,806 per month.

MINIMUM INCOME RANGE : $72,240

Income % Distribution
<$20K 12.5%
$20K-$35K 20.8%
$35K-$60K 16.7%
$60K-$100K 25.0%
>=$100K 25.0%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 0.0%
10-14 mins 25.0%
15-19 mins 7.1%
20-29 mins 35.7%
30-44 mins 21.4%
45-59 mins 3.6%
>60 mins 7.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 4% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,806 per month.

MY RENT : $1,806 MEDIAN RENT : $1,177

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 96.3%
>=$1,500 3.7%
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 $1,806 would therefore be considered affordable for annual household incomes greater than $72,240 (12 months x 3.333 x $1,806).

Rent % Affordability
Above $500 87.5%
Above $700 76.7%
Above $1,100 62.5%
Above $1,500 50.0%
Above $1,900 37.0%
HOUSEHOLD INCOME RANGE

Approximately 8 of households in this neighborhood have a total annual income of $72,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,806 per month.

MINIMUM INCOME RANGE : $72,240

Income % Distribution
<$20K 12.5%
$20K-$35K 20.8%
$35K-$60K 16.7%
$60K-$100K 25.0%
>=$100K 25.0%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 0.0%
10-14 mins 25.0%
15-19 mins 7.1%
20-29 mins 35.7%
30-44 mins 21.4%
45-59 mins 3.6%
>60 mins 7.1%

Crescent Creek Demographics

INDUSTRY

Industry % Distribution
Educational Services 14.7%
Health Care & Social Assistance 17.6%
Manufacturing 5.9%
Professional & Scientific Tech Services 14.7%
Public Administration 5.9%
Retail & Wholesale Trader 17.6%
Other 23.5%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 34% is 24 or younger and 11% is 65 or older.

Age % Distribution
<15 12.5%
15-19 10.0%
20-24 11.2%
25-44 27.5%
45-65 27.5%
66+ 11.2%
OCCUPATION

Occupation % Distribution
Computer Engineering 16.0%
Construction 8.0%
Healthcare 12.0%
Management, Business, & Financial 16.0%
Natural Resources Maintenance 16.0%
Sales & Office 20.0%
Other 12.0%
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 15.2%
High School 34.8%
Professional 2.2%
Some College 30.4%
Some High School 4.3%
Other 13.0%

16870 S Interstate 35 Comps

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16870 S Interstate 35, Bruceville, TX 76630 is a single family home of 2,298 sqft. HomeUnion INVESTimateĀ® for 16870 S Interstate 35 includes a Price Estimate of $241,777 and a Rent Estimate of $1,806. This single family home has 3 bedrooms,2 bathrooms, and was built in 1972. This property has an estimated 15 year annualized Yield of 8.96% and Total Return of 21.22%. The estimated 1 year forecast in home value for 16870 S Interstate 35 is 4.8%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , MCLENNAN County , or the 76630 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 76524
  2. 76557
  3. 76655