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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

234 Fordham Dr Glenn Heights, TX 75154

4 Beds 2 Baths 1,530 sqft Built 2001
Last updated:  Oct 23, 2019

INVESTimate

$216,932

$202K - $232K

Price Est.

$1,438

$1.4K - $1.5K

Rent Est.

$235,111  ( +8.38%)   1 YR EST. FORECAST
  
  
  

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234 Fordham Dr PROPERTY INFO

FACTS
  • Built In 2001
  • Price/Sqft : $141.79
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,530 sqft
  • Baths : 2 Full

234 Fordham Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
FRANK D. MOATES ELEMENTARY SCHOOL Primary Regular 645 38 4
CURTISTENE S MCCOWAN MIDDLE SCHOOL Middle Regular 872 57 3

FRANK D. MOATES ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 645
  • # of teachers: 38
4
GreatSchools Rating

CURTISTENE S MCCOWAN MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 872
  • # of teachers: 57
3
GreatSchools Rating
 

Financial Details

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Neighborhood

Heritage Heights

  • 881

    POPULATION
  • 247

    HOUSEHOLDS
  • 54.6%

    WHITE COLLAR

Neighborhood : Heritage Heights

HOUSEHOLDS
247
POPULATION

881

21.6%Renters
78.4%Home Owners
LABOR FORCE

 

54.6%White Collar
45.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 60% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,438 per month.

MY RENT : $1,438 MEDIAN RENT : $1,508

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 45.6%
>=$1,500 54.4%
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 $1,438 would therefore be considered affordable for annual household incomes greater than $57,520 (12 months x 3.333 x $1,438).

Rent % Affordability
Above $500 93.2%
Above $700 87.1%
Above $1,100 72.4%
Above $1,500 57.8%
Above $1,900 46.4%
HOUSEHOLD INCOME RANGE

Approximately 147 of households in this neighborhood have a total annual income of $57,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,438 per month.

MINIMUM INCOME RANGE : $57,520

Income % Distribution
<$20K 6.8%
$20K-$35K 9.6%
$35K-$60K 25.7%
$60K-$100K 24.9%
>=$100K 32.9%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 11% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 8.8%
10-14 mins 2.3%
15-19 mins 9.3%
20-29 mins 21.8%
30-44 mins 30.9%
45-59 mins 13.9%
>60 mins 13.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 60% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,438 per month.

MY RENT : $1,438 MEDIAN RENT : $1,508

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 45.6%
>=$1,500 54.4%
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 $1,438 would therefore be considered affordable for annual household incomes greater than $57,520 (12 months x 3.333 x $1,438).

Rent % Affordability
Above $500 93.2%
Above $700 87.1%
Above $1,100 72.4%
Above $1,500 57.8%
Above $1,900 46.4%
HOUSEHOLD INCOME RANGE

Approximately 147 of households in this neighborhood have a total annual income of $57,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,438 per month.

MINIMUM INCOME RANGE : $57,520

Income % Distribution
<$20K 6.8%
$20K-$35K 9.6%
$35K-$60K 25.7%
$60K-$100K 24.9%
>=$100K 32.9%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 11% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 8.8%
10-14 mins 2.3%
15-19 mins 9.3%
20-29 mins 21.8%
30-44 mins 30.9%
45-59 mins 13.9%
>60 mins 13.0%

Heritage Heights Demographics

INDUSTRY

Industry % Distribution
Administrative Support 9.5%
Educational Services 10.7%
Financial Industries 9.5%
Health Care & Social Assistance 11.4%
Retail & Wholesale Trader 11.2%
Transportation 9.7%
Other 38.0%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 40% is 24 or younger and 6% is 65 or older.

Age % Distribution
<15 26.6%
15-19 9.8%
20-24 3.7%
25-44 33.1%
45-65 21.0%
66+ 5.8%
OCCUPATION

Occupation % Distribution
Healthcare 8.4%
Management, Business, & Financial 13.3%
Natural Resources Maintenance 9.6%
Production & Transportation 13.9%
Protect 12.3%
Sales & Office 23.5%
Other 19.0%
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 4.4%
High School 22.4%
Masters Degree 7.9%
Some College 34.9%
Some High School 14.7%
Other 15.8%

234 Fordham Dr Comps

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234 Fordham Dr, Glenn Heights, TX 75154 is a single family home of 1,530 sqft. HomeUnion INVESTimateĀ® for 234 Fordham Dr includes a Price Estimate of $216,932 and a Rent Estimate of $1,438. This single family home has 4 bedrooms,2 bathrooms, and was built in 2001. This property has an estimated 15 year annualized Yield of 7.95% and Total Return of 24.54%. The estimated 1 year forecast in home value for 234 Fordham Dr is 8.38%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , DALLAS County , or the 75154 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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