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220 Joseph Dr PROPERTY INFO
FACTS
- Built In 2005
- Price/Sqft : $100.22
CONSTRUCTION
- Beds : 4
- Floor Size : 2,668 sqft
- Baths : 3 Full
220 Joseph Dr SCHOOLS
Financial Details
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RED OAK
Neighborhood : RED OAK
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 $2,284 per month.
MY RENT : $2,284 MEDIAN RENT : $1,618
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 $2,284 would therefore be considered affordable for annual household incomes greater than $91,360 (12 months x 3.333 x $2,284).
HOUSEHOLD INCOME RANGE
Approximately 4,323 of households in this neighborhood have a total annual income of $91,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,284 per month.
MINIMUM INCOME RANGE : $91,360
COMMUTE TIME DISTRIBUTION
55% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.
RED OAK Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 7.4% |
| Educational Services | 11.9% |
| Health Care & Social Assistance | 10.4% |
| Manufacturing | 8.8% |
| Retail & Wholesale Trader | 13.1% |
| Transportation | 8.5% |
| Other | 39.8% |
AGE DISTRIBUTION
52% of the population is between the ages of 25 and 64, 38% is 24 or younger and 10% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 23.3% |
| 15-19 | 7.8% |
| 20-24 | 6.9% |
| 25-44 | 26.4% |
| 45-65 | 25.6% |
| 66+ | 10.1% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 7.3% |
| Healthcare | 6.6% |
| Management, Business, & Financial | 16.7% |
| Natural Resources Maintenance | 12.4% |
| Production & Transportation | 14.3% |
| Sales & Office | 27.9% |
| Other | 14.8% |
HIGHEST EDUCATION LEVEL
14% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 6.2% |
| High School | 26.3% |
| Masters Degree | 6.5% |
| Some College | 27.7% |
| Some High School | 16.4% |
| Other | 16.9% |
220 Joseph Dr Comps
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220 Joseph Dr, Glenn Heights, TX 75154 is a single family home of 2,668 sqft. HomeUnion INVESTimateĀ® for 220 Joseph Dr includes a Price Estimate of $267,398 and a Rent Estimate of $2,284. This single family home has 4 bedrooms,3 bathrooms, and was built in 2005. This property has an estimated 15 year annualized Yield of 10.25% and Total Return of 30.33%. The estimated 1 year forecast in home value for 220 Joseph Dr is 8.38%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , ELLIS County , or the 75154 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
