Sell Your Property

Easily Access a network of motivated buyers
This page contains information about each property aggregated from public data sources, 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.

...MORE

This page contains information about each property aggregated from public data sources, 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.

17708 Cherry Ln Lago Vista, TX 78645

2 Beds 3 Baths 1,748 sqft Built 1972
Last updated:  Jan 23, 2020

INVESTimate

$545,157

$498K - $593K

Price Est.

$1,871

$1.6K - $2.1K

Rent Est.

$581,355  ( +6.64%)   1 YR EST. FORECAST

17708 Cherry Ln PROPERTY INFO

FACTS
  • Built In 1972
  • Price/Sqft : $311.87
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,748 sqft
  • Baths : 3 Full
PROPERTY DESCRIPTION
17708 Cherry Ln, Lago Vista, TX 78645 is a single family home of 1,748 sqft. HomeUnion estimate for 17708 Cherry Ln includes a Price Estimate of $545,157 and a Rent Estimate of $1,871. This single family home has 2 bedrooms, 3 bathrooms, and was built in 1972. This property has an estimated 15 year annualized Yield of 4.12% and Total Return of 13.84%. The estimated 1 year forecast in home value for 17708 Cherry Ln is 6.64%.
  
  
  

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

  • 3301 HENDERSON MILL ROAD Atlanta, GA
    • 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units
    AVAILABLE fmls
    • 13.98% GROSS YIELD
    • $7,359 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $170,000
    • $50,800
    • $1,980
  • 2032 GLENRIDGE DRIVE Indianapolis, IN
    • 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units
    AVAILABLE
    • 12.40% GROSS YIELD
    • $5,248 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $90,000
    • $29,600
    • $930
  • 6714 W FUQUA DRIVE Houston, TX
    • 2 beds 2 baths ∙ 2,500 Sqft ∙ Built 1972 ∙ 2units 2 beds 2 baths ∙ 2,500 Sqft ∙ Built 1972 ∙ 2units
    AVAILABLE
    • 12.01% GROSS YIELD
    • $12,593 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $219,900
    • $69,774
    • $2,200
  • 2228 MEADOWLARK LANE Gainesville, TX
    • 3 beds 2 baths ∙ 1,404 Sqft ∙ Built 2001 ∙ 1units 3 beds 2 baths ∙ 1,404 Sqft ∙ Built 2001 ∙ 1units
    AVAILABLE
    • 11.91% GROSS YIELD
    • $7,753 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $135,000
    • $41,525
    • $1,340

17708 Cherry Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
LAGO VISTA ELEMENTARY SCHOOL Primary Regular 587 39 8
LAGO VISTA MIDDLE SCHOOL Middle Regular 335 21 8
LAGO VISTA HIGH SCHOOL High Regular 407 31 8

LAGO VISTA ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 587
  • # of teachers: 39
8
GreatSchools Rating

LAGO VISTA MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 335
  • # of teachers: 21
8
GreatSchools Rating

LAGO VISTA HIGH SCHOOL

  • Education Level: High
  • # of students: 407
  • # of teachers: 31
8
GreatSchools Rating
 

Financial Details

See Financial Details

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

Already have an account?
Neighborhood

Lodge Acres

  • 134

    POPULATION
  • 57

    HOUSEHOLDS
  • 77.1%

    WHITE COLLAR

Neighborhood : Lodge Acres

HOUSEHOLDS
57
POPULATION

134

14.0%Renters
86.0%Home Owners
LABOR FORCE

 

77.1%White Collar
22.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 81% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,871 per month.

MY RENT : $1,871 MEDIAN RENT : $1,695

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 19.1%
>=$1,500 80.9%
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 $1,871 would therefore be considered affordable for annual household incomes greater than $74,840 (12 months x 3.333 x $1,871).

Rent % Affordability
Above $500 78.6%
Above $700 74.6%
Above $1,100 66.8%
Above $1,500 58.9%
Above $1,900 52.9%
HOUSEHOLD INCOME RANGE

Approximately 23 of households in this neighborhood have a total annual income of $74,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,871 per month.

MINIMUM INCOME RANGE : $74,840

Income % Distribution
<$20K 21.4%
$20K-$35K 7.1%
$35K-$60K 12.5%
$60K-$100K 23.2%
>=$100K 35.7%
COMMUTE TIME DISTRIBUTION

39% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 43% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.1%
5-9 mins 6.1%
10-14 mins 6.1%
15-19 mins 6.1%
20-29 mins 10.2%
30-44 mins 22.4%
45-59 mins 18.4%
>60 mins 24.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 81% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,871 per month.

MY RENT : $1,871 MEDIAN RENT : $1,695

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 19.1%
>=$1,500 80.9%
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 $1,871 would therefore be considered affordable for annual household incomes greater than $74,840 (12 months x 3.333 x $1,871).

Rent % Affordability
Above $500 78.6%
Above $700 74.6%
Above $1,100 66.8%
Above $1,500 58.9%
Above $1,900 52.9%
HOUSEHOLD INCOME RANGE

Approximately 23 of households in this neighborhood have a total annual income of $74,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,871 per month.

MINIMUM INCOME RANGE : $74,840

Income % Distribution
<$20K 21.4%
$20K-$35K 7.1%
$35K-$60K 12.5%
$60K-$100K 23.2%
>=$100K 35.7%
COMMUTE TIME DISTRIBUTION

39% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 43% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.1%
5-9 mins 6.1%
10-14 mins 6.1%
15-19 mins 6.1%
20-29 mins 10.2%
30-44 mins 22.4%
45-59 mins 18.4%
>60 mins 24.5%

Lodge Acres Demographics

INDUSTRY

Industry % Distribution
Construction 10.2%
Health Care & Social Assistance 13.6%
Manufacturing 11.9%
Professional & Scientific Tech Services 11.9%
Retail & Wholesale Trader 13.6%
Transportation 5.1%
Other 33.9%
AGE DISTRIBUTION

64% of the population is between the ages of 25 and 64, 19% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 14.2%
15-19 1.5%
20-24 3.0%
25-44 18.7%
45-65 45.5%
66+ 17.2%
OCCUPATION

Occupation % Distribution
Computer Engineering 7.1%
Healthcare 7.1%
Management, Business, & Financial 31.0%
Natural Resources Maintenance 7.1%
Production & Transportation 9.5%
Sales & Office 28.6%
Other 9.5%
HIGHEST EDUCATION LEVEL

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

Education Level % Distribution
Associates Degree 11.5%
High School 23.1%
Masters Degree 10.6%
Some College 26.0%
Some High School 4.8%
Other 24.0%

17708 Cherry Ln Comps

Sorry, we do not have sufficient data available.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , TRAVIS County , or the 78645 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 78745
  2. 78734
  3. 78669
  4. 77024