OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
20408 Whiterock Dr PROPERTY INFO
FACTS
- Built In 1997
- Price/Sqft : $145.58
CONSTRUCTION
- Beds : 0
- Floor Size : 2,211 sqft
- Baths : 3 Full
20408 Whiterock Dr SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
LEANDER
Neighborhood : LEANDER
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 65% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,986 per month.
MY RENT : $1,986 MEDIAN RENT : $1,625
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 $1,986 would therefore be considered affordable for annual household incomes greater than $79,440 (12 months x 3.333 x $1,986).
HOUSEHOLD INCOME RANGE
Approximately 1,808 of households in this neighborhood have a total annual income of $79,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,986 per month.
MINIMUM INCOME RANGE : $79,440
COMMUTE TIME DISTRIBUTION
34% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 42% has a commute time of 45 minutes or longer.
LEANDER Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 10.5% |
Educational Services | 7.3% |
Health Care & Social Assistance | 7.6% |
Manufacturing | 9.6% |
Professional & Scientific Tech Services | 11.2% |
Retail & Wholesale Trader | 15.0% |
Other | 38.7% |
AGE DISTRIBUTION
59% of the population is between the ages of 25 and 64, 20% is 24 or younger and 21% is 65 or older.
Age | % Distribution |
---|---|
<15 | 12.2% |
15-19 | 4.7% |
20-24 | 3.1% |
25-44 | 18.6% |
45-65 | 40.5% |
66+ | 20.9% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 13.6% |
Construction | 4.5% |
Management, Business, & Financial | 24.0% |
Natural Resources Maintenance | 8.7% |
Production & Transportation | 10.4% |
Sales & Office | 26.6% |
Other | 12.3% |
HIGHEST EDUCATION LEVEL
18% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 7.7% |
High School | 23.8% |
Masters Degree | 7.2% |
Some College | 28.1% |
Some High School | 5.3% |
Other | 27.9% |
20408 Whiterock Dr Comps
20408 Whiterock Dr, Lago Vista, TX 78645 is a single family home of 2,211 sqft. HomeUnion INVESTimateĀ® for 20408 Whiterock Dr includes a Price Estimate of $321,871 and a Rent Estimate of $1,986. This single family home has 0 bedrooms,3 bathrooms, and was built in 1997. This property has an estimated 15 year annualized Yield of 7.40% and Total Return of 20.17%. The estimated 1 year forecast in home value for 20408 Whiterock Dr is 6.64%.
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