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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

1768 Crestridge Dr Garland, TX 75042

3 Beds 1 Baths 1,293 sqft Built 1959
Last updated:  Jun 30, 2018

INVESTimate

$145,855

$138K - $154K

Price Est.

$1,360

$1.3K - $1.5K

Rent Est.

$159,492  ( +9.35%)   1 YR EST. FORECAST
  
  
  

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1768 Crestridge Dr PROPERTY INFO

FACTS
  • Built In 1959
  • Price/Sqft : $112.80
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,293 sqft
  • Baths : 1 Full

1768 Crestridge 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

Crest Ridge Estates

  • 791

    POPULATION
  • 289

    HOUSEHOLDS
  • 51.0%

    WHITE COLLAR

Neighborhood : Crest Ridge Estates

HOUSEHOLDS
289
POPULATION

791

28.4%Renters
71.6%Home Owners
LABOR FORCE

 

51.0%White Collar
49.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 27% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,360 per month.

MY RENT : $1,360 MEDIAN RENT : $1,202

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 7.1%
$1,000-1,499 91.1%
>=$1,500 1.8%
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 $1,360 would therefore be considered affordable for annual household incomes greater than $54,400 (12 months x 3.333 x $1,360).

Rent % Affordability
Above $500 80.7%
Above $700 70.9%
Above $1,100 47.4%
Above $1,500 31.0%
Above $1,900 19.0%
HOUSEHOLD INCOME RANGE

Approximately 97 of households in this neighborhood have a total annual income of $54,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,360 per month.

MINIMUM INCOME RANGE : $54,400

Income % Distribution
<$20K 19.3%
$20K-$35K 22.8%
$35K-$60K 26.9%
$60K-$100K 20.0%
>=$100K 11.0%
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.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 15.9%
10-14 mins 15.0%
15-19 mins 12.3%
20-29 mins 15.9%
30-44 mins 21.6%
45-59 mins 11.7%
>60 mins 7.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 27% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,360 per month.

MY RENT : $1,360 MEDIAN RENT : $1,202

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 7.1%
$1,000-1,499 91.1%
>=$1,500 1.8%
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 $1,360 would therefore be considered affordable for annual household incomes greater than $54,400 (12 months x 3.333 x $1,360).

Rent % Affordability
Above $500 80.7%
Above $700 70.9%
Above $1,100 47.4%
Above $1,500 31.0%
Above $1,900 19.0%
HOUSEHOLD INCOME RANGE

Approximately 97 of households in this neighborhood have a total annual income of $54,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,360 per month.

MINIMUM INCOME RANGE : $54,400

Income % Distribution
<$20K 19.3%
$20K-$35K 22.8%
$35K-$60K 26.9%
$60K-$100K 20.0%
>=$100K 11.0%
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.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 15.9%
10-14 mins 15.0%
15-19 mins 12.3%
20-29 mins 15.9%
30-44 mins 21.6%
45-59 mins 11.7%
>60 mins 7.5%

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%

1768 Crestridge Dr Comps

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1768 Crestridge Dr, Garland, TX 75042 is a single family home of 1,293 sqft. HomeUnion INVESTimate® for 1768 Crestridge Dr includes a Price Estimate of $145,855 and a Rent Estimate of $1,360. This single family home has 3 bedrooms,1 bathrooms, and was built in 1959. This property has an estimated 15 year annualized Yield of 11.19% and Total Return of 30.03%. The estimated 1 year forecast in home value for 1768 Crestridge Dr is 9.35%.

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