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2503 Jolinda Ln PROPERTY INFO
FACTS
- Built In 1997
- Price/Sqft : $114.49
CONSTRUCTION
- Beds : 0
- Floor Size : 2,237 sqft
- Baths : 0 Full
2503 Jolinda Ln SCHOOLS
Financial Details
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WHITESBORO
Neighborhood : WHITESBORO
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 30% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,023 per month.
MY RENT : $2,023 MEDIAN RENT : $1,257
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 $2,023 would therefore be considered affordable for annual household incomes greater than $80,920 (12 months x 3.333 x $2,023).
HOUSEHOLD INCOME RANGE
Approximately 808 of households in this neighborhood have a total annual income of $80,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,023 per month.
MINIMUM INCOME RANGE : $80,920
COMMUTE TIME DISTRIBUTION
52% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.
WHITESBORO Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Administrative Support | 8.7% |
| Agriculture, Fishing & Game | 12.4% |
| Arts & Entertainment | 10.2% |
| Educational Services | 7.6% |
| Manufacturing | 11.6% |
| Retail & Wholesale Trader | 15.2% |
| Other | 34.5% |
AGE DISTRIBUTION
49% of the population is between the ages of 25 and 64, 32% is 24 or younger and 19% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 17.6% |
| 15-19 | 4.1% |
| 20-24 | 9.9% |
| 25-44 | 22.8% |
| 45-65 | 26.7% |
| 66+ | 18.9% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Clean | 10.8% |
| Construction | 6.3% |
| Management, Business, & Financial | 10.4% |
| Natural Resources Maintenance | 10.0% |
| Production & Transportation | 21.8% |
| Sales & Office | 20.5% |
| Other | 20.2% |
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 | 8.4% |
| High School | 30.2% |
| Masters Degree | 5.4% |
| Some College | 27.7% |
| Some High School | 14.5% |
| Other | 13.8% |
2503 Jolinda Ln Comps
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2503 Jolinda Ln, Whitesboro, TX 76273 is a single family home of 2,237 sqft. HomeUnion INVESTimateĀ® for 2503 Jolinda Ln includes a Price Estimate of $256,111 and a Rent Estimate of $2,023. This single family home has 0 bedrooms,0 bathrooms, and was built in 1997. This property has an estimated 15 year annualized Yield of 9.48% and Total Return of 38.02%. The estimated 1 year forecast in home value for 2503 Jolinda Ln is 12.6%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , GRAYSON County , or the 76273 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
