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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

301 Loma Linda Ln Borger, TX 79007

0 Beds 5 Baths 3,015 sqft Built 1994
Last updated:  Oct 23, 2019

INVESTimate

$285,819

$243K - $329K

Price Est.

$2,666

$2.3K - $3.0K

Rent Est.

$285,819  ( 0%)   1 YR EST. FORECAST
  
  
  

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301 Loma Linda Ln PROPERTY INFO

FACTS
  • Built In 1994
  • Price/Sqft : $94.80
CONSTRUCTION
  • Beds : 0
  • Floor Size : 3,015 sqft
  • Baths : 5 Full

301 Loma Linda Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CROCKETT ELEMENTARY SCHOOL Primary Regular 375 24 3
BORGER MIDDLE SCHOOL Middle Regular 617 43 6
BORGER HIGH SCHOOL High Regular 788 65 5

CROCKETT ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 375
  • # of teachers: 24
3
GreatSchools Rating

BORGER MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 617
  • # of teachers: 43
6
GreatSchools Rating

BORGER HIGH SCHOOL

  • Education Level: High
  • # of students: 788
  • # of teachers: 65
5
GreatSchools Rating
 

Financial Details

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Neighborhood

BORGER

  • 14,472

    POPULATION
  • 5,173

    HOUSEHOLDS
  • 44.8%

    WHITE COLLAR

Neighborhood : BORGER

HOUSEHOLDS
5,173
POPULATION

14,472

25.2%Renters
74.8%Home Owners
LABOR FORCE

 

44.8%White Collar
55.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 7% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,666 per month.

MY RENT : $2,666 MEDIAN RENT : $960

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 37.0%
$900-999 19.5%
$1,000-1,499 36.7%
>=$1,500 6.8%
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 $2,666 would therefore be considered affordable for annual household incomes greater than $106,640 (12 months x 3.333 x $2,666).

Rent % Affordability
Above $500 77.6%
Above $700 66.4%
Above $1,100 53.0%
Above $1,500 41.3%
Above $1,900 32.6%
HOUSEHOLD INCOME RANGE

Approximately 610 of households in this neighborhood have a total annual income of $106,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,666 per month.

MINIMUM INCOME RANGE : $106,640

Income % Distribution
<$20K 22.4%
$20K-$35K 17.6%
$35K-$60K 18.6%
$60K-$100K 20.8%
>=$100K 20.5%
COMMUTE TIME DISTRIBUTION

19% of the working population has a commute time of 15 to 44 minutes, 70% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.5%
5-9 mins 35.2%
10-14 mins 28.5%
15-19 mins 10.8%
20-29 mins 2.9%
30-44 mins 5.4%
45-59 mins 7.7%
>60 mins 3.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 7% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,666 per month.

MY RENT : $2,666 MEDIAN RENT : $960

Rent % Distribution
$500-699 0.0%
$700-899 37.0%
$900-999 19.5%
$1,000-1,499 36.7%
>=$1,500 6.8%
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 $2,666 would therefore be considered affordable for annual household incomes greater than $106,640 (12 months x 3.333 x $2,666).

Rent % Affordability
Above $500 77.6%
Above $700 66.4%
Above $1,100 53.0%
Above $1,500 41.3%
Above $1,900 32.6%
HOUSEHOLD INCOME RANGE

Approximately 610 of households in this neighborhood have a total annual income of $106,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,666 per month.

MINIMUM INCOME RANGE : $106,640

Income % Distribution
<$20K 22.4%
$20K-$35K 17.6%
$35K-$60K 18.6%
$60K-$100K 20.8%
>=$100K 20.5%
COMMUTE TIME DISTRIBUTION

19% of the working population has a commute time of 15 to 44 minutes, 70% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.5%
5-9 mins 35.2%
10-14 mins 28.5%
15-19 mins 10.8%
20-29 mins 2.9%
30-44 mins 5.4%
45-59 mins 7.7%
>60 mins 3.0%

BORGER Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 8.4%
Arts & Entertainment 8.2%
Construction 13.0%
Health Care & Social Assistance 7.7%
Manufacturing 16.4%
Retail & Wholesale Trader 15.1%
Other 31.2%
AGE DISTRIBUTION

50% of the population is between the ages of 25 and 64, 36% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 21.8%
15-19 6.7%
20-24 7.8%
25-44 25.5%
45-65 24.9%
66+ 13.1%
OCCUPATION

Occupation % Distribution
Healthcare 5.0%
Management, Business, & Financial 11.0%
Natural Resources Maintenance 24.4%
Production & Transportation 16.9%
Protect 5.5%
Sales & Office 19.2%
Other 17.9%
HIGHEST EDUCATION LEVEL

13% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.8%
High School 32.1%
Masters Degree 2.3%
Some College 28.4%
Some High School 15.3%
Other 13.1%

301 Loma Linda Ln Comps

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301 Loma Linda Ln, Borger, TX 79007 is a single family home of 3,015 sqft. HomeUnion INVESTimateĀ® for 301 Loma Linda Ln includes a Price Estimate of $285,819 and a Rent Estimate of $2,666. This single family home has 0 bedrooms,5 bathrooms, and was built in 1994. This property has an estimated 15 year annualized Yield of 11.19% and Total Return of 9.49%. The estimated 1 year forecast in home value for 301 Loma Linda Ln is 0%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , HUTCHINSON County , or the 79007 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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