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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

1717 Ruth Dr Garland, TX 75042

3 Beds 1 Baths 914 sqft Built 1951
Last updated:  Oct 23, 2019

INVESTimate

$179,493

$161K - $198K

Price Est.

$1,250

$1.2K - $1.3K

Rent Est.

$194,265  ( +8.23%)   1 YR EST. FORECAST
  
  
  

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1717 Ruth Dr PROPERTY INFO

FACTS
  • Built In 1951
  • Price/Sqft : $196.38
CONSTRUCTION
  • Beds : 3
  • Floor Size : 914 sqft
  • Baths : 1 Full

1717 Ruth Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HILLSIDE ACADEMY FOR EXCEL Primary Magnet 446 29 10
CLASSICAL CENTER AT BRANDENBURG MIDDLE SCHOOL Middle Magnet 1,153 62 8
SACHSE HIGH SCHOOL High Regular 2,609 152 7

HILLSIDE ACADEMY FOR EXCEL

  • Education Level: Primary
  • # of students: 446
  • # of teachers: 29
10
GreatSchools Rating

CLASSICAL CENTER AT BRANDENBURG MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,153
  • # of teachers: 62
8
GreatSchools Rating

SACHSE HIGH SCHOOL

  • Education Level: High
  • # of students: 2,609
  • # of teachers: 152
7
GreatSchools Rating
 

Financial Details

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Neighborhood

Williams Estates

  • 850

    POPULATION
  • 340

    HOUSEHOLDS
  • 63.3%

    WHITE COLLAR

Neighborhood : Williams Estates

HOUSEHOLDS
340
POPULATION

850

27.9%Renters
72.1%Home Owners
LABOR FORCE

 

63.3%White Collar
36.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 78% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,250 per month.

MY RENT : $1,250 MEDIAN RENT : $1,557

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 43.4%
>=$1,500 56.6%
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 $1,250 would therefore be considered affordable for annual household incomes greater than $50,000 (12 months x 3.333 x $1,250).

Rent % Affordability
Above $500 84.8%
Above $700 73.0%
Above $1,100 49.9%
Above $1,500 36.0%
Above $1,900 21.0%
HOUSEHOLD INCOME RANGE

Approximately 137 of households in this neighborhood have a total annual income of $50,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,250 per month.

MINIMUM INCOME RANGE : $50,000

Income % Distribution
<$20K 15.2%
$20K-$35K 20.5%
$35K-$60K 28.3%
$60K-$100K 26.2%
>=$100K 9.8%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 9.9%
10-14 mins 11.3%
15-19 mins 11.3%
20-29 mins 18.3%
30-44 mins 27.3%
45-59 mins 13.8%
>60 mins 8.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 78% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,250 per month.

MY RENT : $1,250 MEDIAN RENT : $1,557

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 43.4%
>=$1,500 56.6%
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 $1,250 would therefore be considered affordable for annual household incomes greater than $50,000 (12 months x 3.333 x $1,250).

Rent % Affordability
Above $500 84.8%
Above $700 73.0%
Above $1,100 49.9%
Above $1,500 36.0%
Above $1,900 21.0%
HOUSEHOLD INCOME RANGE

Approximately 137 of households in this neighborhood have a total annual income of $50,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,250 per month.

MINIMUM INCOME RANGE : $50,000

Income % Distribution
<$20K 15.2%
$20K-$35K 20.5%
$35K-$60K 28.3%
$60K-$100K 26.2%
>=$100K 9.8%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 9.9%
10-14 mins 11.3%
15-19 mins 11.3%
20-29 mins 18.3%
30-44 mins 27.3%
45-59 mins 13.8%
>60 mins 8.2%

Williams Estates Demographics

INDUSTRY

Industry % Distribution
Administrative Support 10.0%
Arts & Entertainment 9.0%
Health Care & Social Assistance 10.5%
Manufacturing 16.2%
Professional & Scientific Tech Services 9.2%
Retail & Wholesale Trader 20.5%
Other 24.5%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 28% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 18.6%
15-19 4.6%
20-24 4.5%
25-44 29.2%
45-65 22.2%
66+ 20.9%
OCCUPATION

Occupation % Distribution
Computer Engineering 17.0%
Construction 12.2%
Education 8.5%
Natural Resources Maintenance 7.0%
Production & Transportation 14.8%
Sales & Office 24.4%
Other 16.2%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.0%
High School 33.2%
Masters Degree 2.2%
Some College 24.2%
Some High School 13.6%
Other 17.8%

1717 Ruth Dr Comps

Sorry, we do not have sufficient data available.

1717 Ruth Dr, Garland, TX 75042 is a single family home of 914 sqft. HomeUnion INVESTimateĀ® for 1717 Ruth Dr includes a Price Estimate of $179,493 and a Rent Estimate of $1,250. This single family home has 3 bedrooms,1 bathrooms, and was built in 1951. This property has an estimated 15 year annualized Yield of 8.36% and Total Return of 27.89%. The estimated 1 year forecast in home value for 1717 Ruth Dr is 8.23%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , DALLAS County , or the 75042 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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