INVESTimate
$61,655
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County Rd 1598 PROPERTY INFO
FACTS
- Built In 1950
- Price/Sqft : $166.75
CONSTRUCTION
- Beds : 0
- Floor Size : 1,135 sqft
- Baths : 0 Full
County Rd 1598 SCHOOLS
Financial Details
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EDROY
Neighborhood : EDROY
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 76% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,122 per month.
MY RENT : $1,122 MEDIAN RENT : $1,122
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 $1,122 would therefore be considered affordable for annual household incomes greater than $44,880 (12 months x 3.333 x $1,122).
HOUSEHOLD INCOME RANGE
Approximately 4 of households in this neighborhood have a total annual income of $44,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,122 per month.
MINIMUM INCOME RANGE : $44,880
COMMUTE TIME DISTRIBUTION
100% of the working population has a commute time of 15 to 44 minutes, 0% has a commute time of 14 minutes or less and 0% has a commute time of 45 minutes or longer.
EDROY Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 16.7% |
| Construction | 16.7% |
| Educational Services | 16.7% |
| Health Care & Social Assistance | 33.3% |
| Retail & Wholesale Trader | 16.7% |
| Transportation | 0.0% |
| Other | -0.0% |
AGE DISTRIBUTION
52% of the population is between the ages of 25 and 64, 29% is 24 or younger and 19% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 19.0% |
| 15-19 | 9.5% |
| 20-24 | 0.0% |
| 25-44 | 23.8% |
| 45-65 | 28.6% |
| 66+ | 19.0% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 20.0% |
| Management, Business, & Financial | 20.0% |
| Natural Resources Maintenance | 20.0% |
| PCare | 20.0% |
| Sales & Office | 20.0% |
| Social | 0.0% |
| Other | 0.0% |
HIGHEST EDUCATION LEVEL
14% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Doctorate | 4.8% |
| High School | 28.6% |
| Masters Degree | 4.8% |
| Some College | 28.6% |
| Some High School | 23.8% |
| Other | 9.5% |
County Rd 1598 Comps
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County Rd 1598, Edroy, TX 78352 is a single family home of 1,135 sqft. HomeUnion INVESTimateĀ® for County Rd 1598 includes a Price Estimate of $189,266 and a Rent Estimate of $1,122. This single family home has 0 bedrooms,0 bathrooms, and was built in 1950. This property has an estimated 15 year annualized Yield of 7.11% and Total Return of 13.59%. The estimated 1 year forecast in home value for County Rd 1598 is 3.49%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , SAN PATRICIO County , or the 78352 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
