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1804 Berkeley Dr PROPERTY INFO
FACTS
- Built In 1999
- Price/Sqft : $111.92
CONSTRUCTION
- Beds : 3
- Floor Size : 1,748 sqft
- Baths : 2 Full
1804 Berkeley Dr SCHOOLS
Financial Details
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Heritage Heights
Neighborhood : Heritage Heights
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 54% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,561 per month.
MY RENT : $1,561 MEDIAN RENT : $1,508
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 $1,561 would therefore be considered affordable for annual household incomes greater than $62,440 (12 months x 3.333 x $1,561).
HOUSEHOLD INCOME RANGE
Approximately 105 of households in this neighborhood have a total annual income of $62,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,561 per month.
MINIMUM INCOME RANGE : $62,440
COMMUTE TIME DISTRIBUTION
62% of the working population has a commute time of 15 to 44 minutes, 11% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.
Heritage Heights Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Administrative Support | 9.5% |
Educational Services | 10.7% |
Financial Industries | 9.5% |
Health Care & Social Assistance | 11.4% |
Retail & Wholesale Trader | 11.2% |
Transportation | 9.7% |
Other | 38.0% |
AGE DISTRIBUTION
54% of the population is between the ages of 25 and 64, 40% is 24 or younger and 6% is 65 or older.
Age | % Distribution |
---|---|
<15 | 26.6% |
15-19 | 9.8% |
20-24 | 3.7% |
25-44 | 33.1% |
45-65 | 21.0% |
66+ | 5.8% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 8.4% |
Management, Business, & Financial | 13.3% |
Natural Resources Maintenance | 9.6% |
Production & Transportation | 13.9% |
Protect | 12.3% |
Sales & Office | 23.5% |
Other | 19.0% |
HIGHEST EDUCATION LEVEL
15% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 4.4% |
High School | 22.4% |
Masters Degree | 7.9% |
Some College | 34.9% |
Some High School | 14.7% |
Other | 15.8% |
1804 Berkeley Dr Comps
1804 Berkeley Dr, Glenn Heights, TX 75154 is a single family home of 1,748 sqft. HomeUnion INVESTimateĀ® for 1804 Berkeley Dr includes a Price Estimate of $195,632 and a Rent Estimate of $1,561. This single family home has 3 bedrooms,2 bathrooms, and was built in 1999. This property has an estimated 15 year annualized Yield of 9.58% and Total Return of 28.54%. The estimated 1 year forecast in home value for 1804 Berkeley Dr is 8.38%.
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