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2135 Strathmore Dr PROPERTY INFO
FACTS
- Built In 1987
- Price/Sqft : $163.15
CONSTRUCTION
- Beds : 3
- Floor Size : 2,741 sqft
- Baths : 3 Full
2135 Strathmore Dr SCHOOLS
Financial Details
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Briarhill Estates
Neighborhood : Briarhill Estates
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,502 per month.
MY RENT : $2,502 MEDIAN RENT : $2,640
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 $2,502 would therefore be considered affordable for annual household incomes greater than $100,080 (12 months x 3.333 x $2,502).
HOUSEHOLD INCOME RANGE
Approximately 187 of households in this neighborhood have a total annual income of $100,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,502 per month.
MINIMUM INCOME RANGE : $100,080
COMMUTE TIME DISTRIBUTION
56% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.
Briarhill Estates Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Educational Services | 11.4% |
| Financial Industries | 9.0% |
| Health Care & Social Assistance | 10.3% |
| Manufacturing | 9.5% |
| Professional & Scientific Tech Services | 10.2% |
| Retail & Wholesale Trader | 13.3% |
| Other | 36.3% |
AGE DISTRIBUTION
55% of the population is between the ages of 25 and 64, 37% is 24 or younger and 8% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 21.5% |
| 15-19 | 10.8% |
| 20-24 | 4.7% |
| 25-44 | 26.3% |
| 45-65 | 29.2% |
| 66+ | 7.5% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 14.0% |
| Construction | 10.2% |
| Healthcare | 6.4% |
| Management, Business, & Financial | 35.9% |
| Production & Transportation | 4.2% |
| Sales & Office | 23.4% |
| Other | 6.0% |
HIGHEST EDUCATION LEVEL
29% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 5.1% |
| High School | 10.9% |
| Masters Degree | 17.0% |
| Professional | 3.6% |
| Some College | 15.8% |
| Other | 47.6% |
2135 Strathmore Dr Comps
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2135 Strathmore Dr, Highland Village, TX 75077 is a single family home of 2,741 sqft. HomeUnion INVESTimateĀ® for 2135 Strathmore Dr includes a Price Estimate of $447,198 and a Rent Estimate of $2,502. This single family home has 3 bedrooms,3 bathrooms, and was built in 1987. This property has an estimated 15 year annualized Yield of 6.71% and Total Return of 18.57%. The estimated 1 year forecast in home value for 2135 Strathmore Dr is 5.27%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , DENTON County , or the 75077 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
