Financials
INVESTimate
$52,673
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1749 Crestridge Dr PROPERTY INFO
FACTS
- Built In 1953
- Price/Sqft : $182.79
CONSTRUCTION
- Beds : 2
- Floor Size : 850 sqft
- Baths : 1 Full
1749 Crestridge Dr SCHOOLS
Financial Details
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Crest Ridge Estates
Neighborhood : Crest Ridge Estates
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 74% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,132 per month.
MY RENT : $1,132 MEDIAN RENT : $1,210
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 $1,132 would therefore be considered affordable for annual household incomes greater than $45,280 (12 months x 3.333 x $1,132).
HOUSEHOLD INCOME RANGE
Approximately 109 of households in this neighborhood have a total annual income of $45,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,132 per month.
MINIMUM INCOME RANGE : $45,280
COMMUTE TIME DISTRIBUTION
50% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.
Crest Ridge Estates Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Administrative Support | 5.6% |
| Construction | 8.2% |
| Educational Services | 10.0% |
| Health Care & Social Assistance | 7.9% |
| Manufacturing | 18.8% |
| Retail & Wholesale Trader | 22.6% |
| Other | 27.0% |
AGE DISTRIBUTION
46% of the population is between the ages of 25 and 64, 36% is 24 or younger and 18% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 20.4% |
| 15-19 | 8.5% |
| 20-24 | 7.5% |
| 25-44 | 24.1% |
| 45-65 | 21.7% |
| 66+ | 17.8% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 5.8% |
| Healthcare | 6.7% |
| Management, Business, & Financial | 6.7% |
| Natural Resources Maintenance | 8.0% |
| Production & Transportation | 31.2% |
| Sales & Office | 33.9% |
| Other | 7.6% |
HIGHEST EDUCATION LEVEL
8% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 5.7% |
| Doctorate | 1.0% |
| High School | 32.7% |
| Some College | 20.1% |
| Some High School | 28.0% |
| Other | 12.6% |
1749 Crestridge Dr Comps
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1749 Crestridge Dr, Garland, TX 75042 is a single family home of 850 sqft. HomeUnion INVESTimateĀ® for 1749 Crestridge Dr includes a Price Estimate of $155,371 and a Rent Estimate of $1,132. This single family home has 2 bedrooms,1 bathrooms, and was built in 1953. This property has an estimated 15 year annualized Yield of 8.74% and Total Return of 37.11%. The estimated 1 year forecast in home value for 1749 Crestridge Dr is 12.87%.
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
