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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

227 Hollywood Dr Glenn Heights, TX 75154

3 Beds 2 Baths 1,313 sqft Built 1995
Last updated:  Dec 26, 2019

INVESTimate

$189,752

$177K - $203K

Price Est.

$1,369

$1.3K - $1.4K

Rent Est.

$205,653  ( +8.38%)   1 YR EST. FORECAST
  
  
  

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227 Hollywood Dr PROPERTY INFO

FACTS
  • Built In 1995
  • Price/Sqft : $144.52
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,313 sqft
  • Baths : 2 Full

227 Hollywood Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
D.T. SHIELDS ELEMENTARY SCHOOL Primary Regular 483 29 8
RED OAK JUNIOR HIGH SCHOOL Middle Regular 903 49 7
RED OAK HIGH SCHOOL High Regular 1,837 108 6

D.T. SHIELDS ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 483
  • # of teachers: 29
8
GreatSchools Rating

RED OAK JUNIOR HIGH SCHOOL

  • Education Level: Middle
  • # of students: 903
  • # of teachers: 49
7
GreatSchools Rating

RED OAK HIGH SCHOOL

  • Education Level: High
  • # of students: 1,837
  • # of teachers: 108
6
GreatSchools Rating
 

Financial Details

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Neighborhood

RED OAK

  • 40,435

    POPULATION
  • 12,592

    HOUSEHOLDS
  • 62.0%

    WHITE COLLAR

Neighborhood : RED OAK

HOUSEHOLDS
12,592
POPULATION

40,435

22.6%Renters
77.4%Home Owners
LABOR FORCE

 

62.0%White Collar
38.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 74% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,369 per month.

MY RENT : $1,369 MEDIAN RENT : $1,618

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 35.4%
>=$1,500 64.6%
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 $1,369 would therefore be considered affordable for annual household incomes greater than $54,760 (12 months x 3.333 x $1,369).

Rent % Affordability
Above $500 91.0%
Above $700 87.2%
Above $1,100 73.5%
Above $1,500 60.9%
Above $1,900 47.6%
HOUSEHOLD INCOME RANGE

Approximately 7,887 of households in this neighborhood have a total annual income of $54,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,369 per month.

MINIMUM INCOME RANGE : $54,760

Income % Distribution
<$20K 9.0%
$20K-$35K 9.8%
$35K-$60K 20.3%
$60K-$100K 29.0%
>=$100K 31.8%
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.

Time (mins) % Distribution
<5 mins 2.6%
5-9 mins 5.0%
10-14 mins 9.0%
15-19 mins 11.1%
20-29 mins 19.6%
30-44 mins 24.0%
45-59 mins 16.6%
>60 mins 12.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 74% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,369 per month.

MY RENT : $1,369 MEDIAN RENT : $1,618

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 35.4%
>=$1,500 64.6%
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 $1,369 would therefore be considered affordable for annual household incomes greater than $54,760 (12 months x 3.333 x $1,369).

Rent % Affordability
Above $500 91.0%
Above $700 87.2%
Above $1,100 73.5%
Above $1,500 60.9%
Above $1,900 47.6%
HOUSEHOLD INCOME RANGE

Approximately 7,887 of households in this neighborhood have a total annual income of $54,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,369 per month.

MINIMUM INCOME RANGE : $54,760

Income % Distribution
<$20K 9.0%
$20K-$35K 9.8%
$35K-$60K 20.3%
$60K-$100K 29.0%
>=$100K 31.8%
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.

Time (mins) % Distribution
<5 mins 2.6%
5-9 mins 5.0%
10-14 mins 9.0%
15-19 mins 11.1%
20-29 mins 19.6%
30-44 mins 24.0%
45-59 mins 16.6%
>60 mins 12.1%

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%

227 Hollywood Dr Comps

Sorry, we do not have sufficient data available.

227 Hollywood Dr, Glenn Heights, TX 75154 is a single family home of 1,313 sqft. HomeUnion INVESTimateĀ® for 227 Hollywood Dr includes a Price Estimate of $189,752 and a Rent Estimate of $1,369. This single family home has 3 bedrooms,2 bathrooms, and was built in 1995. This property has an estimated 15 year annualized Yield of 8.66% and Total Return of 26.87%. The estimated 1 year forecast in home value for 227 Hollywood 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

Nearest zipcodes within 2 miles

  1. 76065