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2514 Lohmans Ford Rd PROPERTY INFO
FACTS
- Built In 1975
- Price/Sqft : $217.58
CONSTRUCTION
- Beds : 0
- Floor Size : 4,996 sqft
- Baths : 3 Full
2514 Lohmans Ford Rd SCHOOLS
Financial Details
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Poole Place
Neighborhood : Poole Place
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 92% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,478 per month.
MY RENT : $2,478 MEDIAN RENT : $2,231
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 $2,478 would therefore be considered affordable for annual household incomes greater than $99,120 (12 months x 3.333 x $2,478).
HOUSEHOLD INCOME RANGE
Approximately 1 of households in this neighborhood have a total annual income of $99,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,478 per month.
MINIMUM INCOME RANGE : $99,120
COMMUTE TIME DISTRIBUTION
25% of the working population has a commute time of 15 to 44 minutes, 0% has a commute time of 14 minutes or less and 75% has a commute time of 45 minutes or longer.
Poole Place Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 20.0% |
Health Care & Social Assistance | 20.0% |
Manufacturing | 20.0% |
Professional & Scientific Tech Services | 20.0% |
Retail & Wholesale Trader | 20.0% |
Transportation | 0.0% |
Other | 0.0% |
AGE DISTRIBUTION
61% of the population is between the ages of 25 and 64, 22% is 24 or younger and 17% is 65 or older.
Age | % Distribution |
---|---|
<15 | 16.7% |
15-19 | 0.0% |
20-24 | 5.6% |
25-44 | 16.7% |
45-65 | 44.4% |
66+ | 16.7% |
OCCUPATION
Occupation | % Distribution |
---|---|
Management, Business, & Financial | 40.0% |
PCare | 0.0% |
Production & Transportation | 20.0% |
Protect | 0.0% |
Sales & Office | 40.0% |
Social | 0.0% |
Other | 0.0% |
HIGHEST EDUCATION LEVEL
25% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 12.5% |
High School | 25.0% |
Masters Degree | 12.5% |
Some College | 25.0% |
Some High School | 6.2% |
Other | 18.8% |
2514 Lohmans Ford Rd Comps
2514 Lohmans Ford Rd, Lago Vista, TX 78645 is a single family home of 4,996 sqft. HomeUnion INVESTimateĀ® for 2514 Lohmans Ford Rd includes a Price Estimate of $1,087,029 and a Rent Estimate of $2,478. This single family home has 0 bedrooms,3 bathrooms, and was built in 1975. This property has an estimated 15 year annualized Yield of 2.74% and Total Return of 9.59%. The estimated 1 year forecast in home value for 2514 Lohmans Ford Rd is 6.64%.
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