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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

2135 Strathmore Dr Highland Village, TX 75077

3 Beds 3 Baths 2,741 sqft Built 1987
Last updated:  Oct 23, 2019

INVESTimate

$447,198

$417K - $478K

Price Est.

$2,502

$2.4K - $2.6K

Rent Est.

$470,765  ( +5.27%)   1 YR EST. FORECAST
  
  
  

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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

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HERITAGE ELEMENTARY SCHOOL Primary Regular 710 42 10
BRIARHILL MIDDLE SCHOOL Middle Regular 993 64 9
MARCUS 9TH GRADE CAMPUS High Regular 3,182 198 8

HERITAGE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 710
  • # of teachers: 42
10
GreatSchools Rating

BRIARHILL MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 993
  • # of teachers: 64
9
GreatSchools Rating

MARCUS 9TH GRADE CAMPUS

  • Education Level: High
  • # of students: 3,182
  • # of teachers: 198
8
GreatSchools Rating
 

Financial Details

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Neighborhood

Briarhill Estates

  • 1,302

    POPULATION
  • 411

    HOUSEHOLDS
  • 88.8%

    WHITE COLLAR

Neighborhood : Briarhill Estates

HOUSEHOLDS
411
POPULATION

1,302

8.3%Renters
91.7%Home Owners
LABOR FORCE

 

88.8%White Collar
11.2%Blue Collar
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

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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).

Rent % Affordability
Above $500 97.6%
Above $700 96.4%
Above $1,100 94.6%
Above $1,500 87.1%
Above $1,900 85.3%
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

Income % Distribution
<$20K 2.4%
$20K-$35K 1.9%
$35K-$60K 8.5%
$60K-$100K 11.2%
>=$100K 75.9%
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.

Time (mins) % Distribution
<5 mins 1.7%
5-9 mins 6.8%
10-14 mins 11.0%
15-19 mins 9.7%
20-29 mins 15.7%
30-44 mins 30.4%
45-59 mins 16.1%
>60 mins 8.6%
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

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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).

Rent % Affordability
Above $500 97.6%
Above $700 96.4%
Above $1,100 94.6%
Above $1,500 87.1%
Above $1,900 85.3%
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

Income % Distribution
<$20K 2.4%
$20K-$35K 1.9%
$35K-$60K 8.5%
$60K-$100K 11.2%
>=$100K 75.9%
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.

Time (mins) % Distribution
<5 mins 1.7%
5-9 mins 6.8%
10-14 mins 11.0%
15-19 mins 9.7%
20-29 mins 15.7%
30-44 mins 30.4%
45-59 mins 16.1%
>60 mins 8.6%

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

Sorry, we do not have sufficient data available.

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

Nearest zipcodes within 2 miles

  1. 76247
  2. 76262
  3. 75028