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20417 Highland Lake Dr PROPERTY INFO
FACTS
- Built In 1974
- Price/Sqft : $119.11
CONSTRUCTION
- Beds : 3
- Floor Size : 2,300 sqft
- Baths : 2 Full
20417 Highland Lake Dr SCHOOLS
Financial Details
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Highland Lake Estates
Neighborhood : Highland Lake Estates
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 79% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,668 per month.
MY RENT : $1,668 MEDIAN RENT : $1,724
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 $1,668 would therefore be considered affordable for annual household incomes greater than $66,720 (12 months x 3.333 x $1,668).
HOUSEHOLD INCOME RANGE
Approximately 322 of households in this neighborhood have a total annual income of $66,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,668 per month.
MINIMUM INCOME RANGE : $66,720
COMMUTE TIME DISTRIBUTION
47% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 40% has a commute time of 45 minutes or longer.
Highland Lake Estates Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 14.7% |
Educational Services | 9.1% |
Financial Industries | 11.8% |
Health Care & Social Assistance | 8.0% |
Manufacturing | 9.5% |
Retail & Wholesale Trader | 17.7% |
Other | 29.2% |
AGE DISTRIBUTION
51% of the population is between the ages of 25 and 64, 23% is 24 or younger and 26% is 65 or older.
Age | % Distribution |
---|---|
<15 | 13.7% |
15-19 | 7.3% |
20-24 | 2.5% |
25-44 | 20.3% |
45-65 | 30.4% |
66+ | 25.9% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 6.1% |
Construction | 8.3% |
Management, Business, & Financial | 24.6% |
Natural Resources Maintenance | 9.2% |
Production & Transportation | 7.0% |
Sales & Office | 33.0% |
Other | 11.9% |
HIGHEST EDUCATION LEVEL
24% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 10.7% |
High School | 12.0% |
Masters Degree | 10.4% |
Some College | 27.7% |
Some High School | 3.3% |
Other | 36.0% |
20417 Highland Lake Dr Comps
20417 Highland Lake Dr, Lago Vista, TX 78645 is a single family home of 2,300 sqft. HomeUnion INVESTimateĀ® for 20417 Highland Lake Dr includes a Price Estimate of $273,944 and a Rent Estimate of $1,668. This single family home has 3 bedrooms,2 bathrooms, and was built in 1974. This property has an estimated 15 year annualized Yield of 7.31% and Total Return of 23.86%. The estimated 1 year forecast in home value for 20417 Highland Lake Dr is 8.92%.
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