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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

1821 Century Farms Rd Burton, TX 77835

3 Beds 3 Baths 2,053 sqft Built 2000
Last updated:  Jan 23, 2020

INVESTimate

$570,391

$511K - $630K

Price Est.

$1,724

$1.5K - $1.9K

Rent Est.

$591,781  ( +3.75%)   1 YR EST. FORECAST
  
  
  

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1821 Century Farms Rd PROPERTY INFO

FACTS
  • Built In 2000
  • Price/Sqft : $277.83
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,053 sqft
  • Baths : 2 Full 1 Half

1821 Century Farms Rd SCHOOLS

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Financial Details

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Neighborhood

BURTON

  • 2,961

    POPULATION
  • 1,240

    HOUSEHOLDS
  • 52.9%

    WHITE COLLAR

Neighborhood : BURTON

HOUSEHOLDS
1,240
POPULATION

2,961

20.4%Renters
79.6%Home Owners
LABOR FORCE

 

52.9%White Collar
47.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 39% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,724 per month.

MY RENT : $1,724 MEDIAN RENT : $1,367

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 4.4%
$900-999 7.8%
$1,000-1,499 48.5%
>=$1,500 39.3%
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 $1,724 would therefore be considered affordable for annual household incomes greater than $68,960 (12 months x 3.333 x $1,724).

Rent % Affordability
Above $500 88.7%
Above $700 76.3%
Above $1,100 60.8%
Above $1,500 51.6%
Above $1,900 37.1%
HOUSEHOLD INCOME RANGE

Approximately 354 of households in this neighborhood have a total annual income of $68,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,724 per month.

MINIMUM INCOME RANGE : $68,960

Income % Distribution
<$20K 11.3%
$20K-$35K 19.3%
$35K-$60K 17.9%
$60K-$100K 33.4%
>=$100K 18.1%
COMMUTE TIME DISTRIBUTION

68% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.5%
5-9 mins 6.9%
10-14 mins 8.0%
15-19 mins 18.2%
20-29 mins 25.0%
30-44 mins 25.1%
45-59 mins 4.2%
>60 mins 11.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 39% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,724 per month.

MY RENT : $1,724 MEDIAN RENT : $1,367

Rent % Distribution
$500-699 0.0%
$700-899 4.4%
$900-999 7.8%
$1,000-1,499 48.5%
>=$1,500 39.3%
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 $1,724 would therefore be considered affordable for annual household incomes greater than $68,960 (12 months x 3.333 x $1,724).

Rent % Affordability
Above $500 88.7%
Above $700 76.3%
Above $1,100 60.8%
Above $1,500 51.6%
Above $1,900 37.1%
HOUSEHOLD INCOME RANGE

Approximately 354 of households in this neighborhood have a total annual income of $68,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,724 per month.

MINIMUM INCOME RANGE : $68,960

Income % Distribution
<$20K 11.3%
$20K-$35K 19.3%
$35K-$60K 17.9%
$60K-$100K 33.4%
>=$100K 18.1%
COMMUTE TIME DISTRIBUTION

68% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.5%
5-9 mins 6.9%
10-14 mins 8.0%
15-19 mins 18.2%
20-29 mins 25.0%
30-44 mins 25.1%
45-59 mins 4.2%
>60 mins 11.0%

BURTON Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 11.6%
Educational Services 12.2%
Health Care & Social Assistance 5.9%
Manufacturing 31.0%
Retail & Wholesale Trader 7.6%
Transportation 6.5%
Other 25.1%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 21% is 24 or younger and 24% is 65 or older.

Age % Distribution
<15 17.5%
15-19 2.7%
20-24 0.8%
25-44 21.8%
45-65 32.8%
66+ 24.3%
OCCUPATION

Occupation % Distribution
Construction 6.2%
Healthcare 5.9%
Management, Business, & Financial 21.6%
Natural Resources Maintenance 7.7%
Production & Transportation 37.1%
Sales & Office 7.5%
Other 14.0%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.4%
High School 39.2%
Masters Degree 4.0%
Some College 25.4%
Some High School 8.1%
Other 16.8%

1821 Century Farms Rd Comps

Sorry, we do not have sufficient data available.

1821 Century Farms Rd, Burton, TX 77835 is a single family home of 2,053 sqft. HomeUnion INVESTimateĀ® for 1821 Century Farms Rd includes a Price Estimate of $570,391 and a Rent Estimate of $1,724. This single family home has 3 bedrooms,3 bathrooms, and was built in 2000. This property has an estimated 15 year annualized Yield of 3.63% and Total Return of 8.50%. The estimated 1 year forecast in home value for 1821 Century Farms Rd is 3.75%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , WASHINGTON County , or the 77835 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 77833
  2. 78932
  3. 77034