17809 Inspiration Cir PROPERTY INFO
FACTS
- Built In 1976
- Price/Sqft : $281.36
CONSTRUCTION
- Beds : 5
- Floor Size : 3,777 sqft
- Baths : 5 Full
PROPERTY DESCRIPTION
17809 Inspiration Cir, Lago Vista, TX 78645 is a single family home of 3,777 sqft. HomeUnion estimate for 17809 Inspiration Cir includes a Price Estimate of $1,062,711 and a Rent Estimate of $2,969. This single family home has 5 bedrooms, 5 bathrooms, and was built in 1976. This property has an estimated 15 year annualized Yield of 3.35% and Total Return of 11.06%. The estimated 1 year forecast in home value for 17809 Inspiration Cir is 6.64%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
17809 Inspiration Cir SCHOOLS
Financial Details
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Lakeshore Ranch
Neighborhood : Lakeshore Ranch
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,969 per month.
MY RENT : $2,969 MEDIAN RENT : $2,291
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 $2,969 would therefore be considered affordable for annual household incomes greater than $118,760 (12 months x 3.333 x $2,969).
HOUSEHOLD INCOME RANGE
Approximately 4 of households in this neighborhood have a total annual income of $118,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,969 per month.
MINIMUM INCOME RANGE : $118,760
COMMUTE TIME DISTRIBUTION
37% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 47% has a commute time of 45 minutes or longer.
Lakeshore Ranch Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 10.0% |
Health Care & Social Assistance | 15.0% |
Manufacturing | 10.0% |
Professional & Scientific Tech Services | 10.0% |
Retail & Wholesale Trader | 15.0% |
Transportation | 5.0% |
Other | 35.0% |
AGE DISTRIBUTION
64% of the population is between the ages of 25 and 64, 18% is 24 or younger and 18% is 65 or older.
Age | % Distribution |
---|---|
<15 | 13.6% |
15-19 | 2.3% |
20-24 | 2.3% |
25-44 | 18.2% |
45-65 | 45.5% |
66+ | 18.2% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 8.3% |
Healthcare | 8.3% |
Management, Business, & Financial | 33.3% |
Natural Resources Maintenance | 8.3% |
Production & Transportation | 8.3% |
Sales & Office | 33.3% |
Other | 0.0% |
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 | 11.4% |
High School | 22.7% |
Masters Degree | 11.4% |
Some College | 25.0% |
Some High School | 6.8% |
Other | 22.7% |
17809 Inspiration Cir Comps
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