INVESTimate
$63,582
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OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
2534 Poplar Trl PROPERTY INFO
FACTS
- Built In 1980
- Price/Sqft : $129.98
CONSTRUCTION
- Beds : 3
- Floor Size : 1,512 sqft
- Baths : 2 Full
2534 Poplar Trl SCHOOLS
Financial Details
See Financial Details
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Wood Bend
Neighborhood : Wood Bend
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 34% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,387 per month.
MY RENT : $1,387 MEDIAN RENT : $1,415
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 $1,387 would therefore be considered affordable for annual household incomes greater than $55,480 (12 months x 3.333 x $1,387).
HOUSEHOLD INCOME RANGE
Approximately 104 of households in this neighborhood have a total annual income of $55,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,387 per month.
MINIMUM INCOME RANGE : $55,480
COMMUTE TIME DISTRIBUTION
62% of the working population has a commute time of 15 to 44 minutes, 12% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.
Wood Bend Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 20.3% |
Construction | 16.0% |
Manufacturing | 11.6% |
Real Estate | 6.5% |
Retail & Wholesale Trader | 15.2% |
Transportation | 7.8% |
Other | 22.6% |
AGE DISTRIBUTION
37% of the population is between the ages of 25 and 64, 60% is 24 or younger and 3% is 65 or older.
Age | % Distribution |
---|---|
<15 | 33.6% |
15-19 | 9.6% |
20-24 | 16.8% |
25-44 | 13.5% |
45-65 | 23.0% |
66+ | 3.5% |
OCCUPATION
Occupation | % Distribution |
---|---|
Education | 11.5% |
Healthcare | 7.6% |
Natural Resources Maintenance | 17.5% |
PCare | 18.1% |
Production & Transportation | 15.1% |
Sales & Office | 17.5% |
Other | 12.7% |
HIGHEST EDUCATION LEVEL
4% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 4.0% |
High School | 29.5% |
Masters Degree | 0.2% |
Some College | 13.9% |
Some High School | 50.2% |
Other | 2.3% |
2534 Poplar Trl Comps
2534 Poplar Trl, Garland, TX 75042 is a single family home of 1,512 sqft. HomeUnion INVESTimate® for 2534 Poplar Trl includes a Price Estimate of $196,535 and a Rent Estimate of $1,387. This single family home has 3 bedrooms,2 bathrooms, and was built in 1980. This property has an estimated 15 year annualized Yield of 8.47% and Total Return of 23.09%. The estimated 1 year forecast in home value for 2534 Poplar Trl is 9.35%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX, DALLAS County, or the 75042 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2