INVESTimate
$41,540
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217 S Harmon St PROPERTY INFO
FACTS
- Built In 1940
- Price/Sqft : $49.54
CONSTRUCTION
- Beds : 0
- Floor Size : 2,288 sqft
- Baths : 0 Full
217 S Harmon St SCHOOLS
Financial Details
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FAIRFIELD
Neighborhood : FAIRFIELD
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 6% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,553 per month.
MY RENT : $1,553 MEDIAN RENT : $1,054
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 $1,553 would therefore be considered affordable for annual household incomes greater than $62,120 (12 months x 3.333 x $1,553).
HOUSEHOLD INCOME RANGE
Approximately 659 of households in this neighborhood have a total annual income of $62,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,553 per month.
MINIMUM INCOME RANGE : $62,120
COMMUTE TIME DISTRIBUTION
28% of the working population has a commute time of 15 to 44 minutes, 59% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.
FAIRFIELD Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Agriculture, Fishing & Game | 12.4% |
Arts & Entertainment | 9.8% |
Educational Services | 8.3% |
Health Care & Social Assistance | 12.0% |
Public Administration | 7.3% |
Retail & Wholesale Trader | 12.7% |
Other | 37.5% |
AGE DISTRIBUTION
49% of the population is between the ages of 25 and 64, 31% is 24 or younger and 20% is 65 or older.
Age | % Distribution |
---|---|
<15 | 19.1% |
15-19 | 8.0% |
20-24 | 3.9% |
25-44 | 23.7% |
45-65 | 25.7% |
66+ | 19.6% |
OCCUPATION
Occupation | % Distribution |
---|---|
Education | 6.9% |
Healthcare | 8.8% |
Management, Business, & Financial | 8.8% |
Natural Resources Maintenance | 14.2% |
Production & Transportation | 15.8% |
Sales & Office | 19.4% |
Other | 26.1% |
HIGHEST EDUCATION LEVEL
15% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 10.8% |
High School | 37.2% |
Masters Degree | 3.7% |
Some College | 22.6% |
Some High School | 14.1% |
Other | 11.5% |
217 S Harmon St Comps
217 S Harmon St, Fairfield, TX 75840 is a single family home of 2,288 sqft. HomeUnion INVESTimateĀ® for 217 S Harmon St includes a Price Estimate of $113,358 and a Rent Estimate of $1,553. This single family home has 0 bedrooms,0 bathrooms, and was built in 1940. This property has an estimated 15 year annualized Yield of 16.44% and Total Return of 31.43%. The estimated 1 year forecast in home value for 217 S Harmon St is 1.96%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , FREESTONE County , or the 75840 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2