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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

2503 Jolinda Ln Whitesboro, TX 76273

0 Beds 0 Baths 2,237 sqft Built 1997
Last updated:  Jan 23, 2020

INVESTimate

$256,111

$220K - $293K

Price Est.

$2,023

$1.9K - $2.2K

Rent Est.

$288,381  ( +12.6%)   1 YR EST. FORECAST
  
  
  

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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

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WHITESBORO INTERMEDIATE SCHOOL Primary Regular 350 22 5
WHITESBORO MIDDLE SCHOOL Middle Regular 353 27 7
WHITESBORO HIGH SCHOOL High Regular 390 36 5

WHITESBORO INTERMEDIATE SCHOOL

  • Education Level: Primary
  • # of students: 350
  • # of teachers: 22
5
GreatSchools Rating

WHITESBORO MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 353
  • # of teachers: 27
7
GreatSchools Rating

WHITESBORO HIGH SCHOOL

  • Education Level: High
  • # of students: 390
  • # of teachers: 36
5
GreatSchools Rating
 

Financial Details

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Neighborhood

WHITESBORO

  • 9,627

    POPULATION
  • 3,646

    HOUSEHOLDS
  • 44.7%

    WHITE COLLAR

Neighborhood : WHITESBORO

HOUSEHOLDS
3,646
POPULATION

9,627

32.0%Renters
68.0%Home Owners
LABOR FORCE

 

44.7%White Collar
55.3%Blue Collar
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

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 4.2%
$900-999 10.8%
$1,000-1,499 55.5%
>=$1,500 29.6%
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 $2,023 would therefore be considered affordable for annual household incomes greater than $80,920 (12 months x 3.333 x $2,023).

Rent % Affordability
Above $500 84.0%
Above $700 74.2%
Above $1,100 61.8%
Above $1,500 48.4%
Above $1,900 35.9%
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

Income % Distribution
<$20K 16.0%
$20K-$35K 14.1%
$35K-$60K 21.6%
$60K-$100K 32.4%
>=$100K 16.0%
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.

Time (mins) % Distribution
<5 mins 6.2%
5-9 mins 15.6%
10-14 mins 7.2%
15-19 mins 9.8%
20-29 mins 22.7%
30-44 mins 19.6%
45-59 mins 7.0%
>60 mins 11.9%
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

Rent % Distribution
$500-699 0.0%
$700-899 4.2%
$900-999 10.8%
$1,000-1,499 55.5%
>=$1,500 29.6%
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 $2,023 would therefore be considered affordable for annual household incomes greater than $80,920 (12 months x 3.333 x $2,023).

Rent % Affordability
Above $500 84.0%
Above $700 74.2%
Above $1,100 61.8%
Above $1,500 48.4%
Above $1,900 35.9%
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

Income % Distribution
<$20K 16.0%
$20K-$35K 14.1%
$35K-$60K 21.6%
$60K-$100K 32.4%
>=$100K 16.0%
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.

Time (mins) % Distribution
<5 mins 6.2%
5-9 mins 15.6%
10-14 mins 7.2%
15-19 mins 9.8%
20-29 mins 22.7%
30-44 mins 19.6%
45-59 mins 7.0%
>60 mins 11.9%

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

Sorry, we do not have sufficient data available.

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

Nearest zipcodes within 2 miles

  1. 76258
  2. 75459
  3. 75414
  4. 76264