INVESTimate
$44,843
302 Galahad St PROPERTY INFO
FACTS
- Built In 0
- Price/Sqft : $69.36
CONSTRUCTION
- Beds : 0
- Floor Size : 1,814 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
302 Galahad St, Borger, TX 79007 is a single family home of 1,814 sqft. HomeUnion estimate for 302 Galahad St includes a Price Estimate of $125,821 and a Rent Estimate of $1,175. This single family home has 0 bedrooms, 2 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 11.21% and Total Return of 15.55%. The estimated 1 year forecast in home value for 302 Galahad St is 0%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
302 Galahad St SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
BORGER
Neighborhood : BORGER
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 $1,175 per month.
MY RENT : $1,175 MEDIAN RENT : $959
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 $1,175 would therefore be considered affordable for annual household incomes greater than $47,000 (12 months x 3.333 x $1,175).
HOUSEHOLD INCOME RANGE
Approximately 2,330 of households in this neighborhood have a total annual income of $47,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,175 per month.
MINIMUM INCOME RANGE : $47,000
COMMUTE TIME DISTRIBUTION
20% of the working population has a commute time of 15 to 44 minutes, 69% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.
BORGER Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 9.0% |
Construction | 13.5% |
Educational Services | 8.1% |
Health Care & Social Assistance | 10.9% |
Manufacturing | 14.4% |
Retail & Wholesale Trader | 14.3% |
Other | 29.8% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 37% is 24 or younger and 13% is 65 or older.
Age | % Distribution |
---|---|
<15 | 22.0% |
15-19 | 7.0% |
20-24 | 7.8% |
25-44 | 24.9% |
45-65 | 25.0% |
66+ | 13.3% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 8.0% |
Management, Business, & Financial | 9.7% |
Natural Resources Maintenance | 23.1% |
Production & Transportation | 16.3% |
Protect | 5.8% |
Sales & Office | 18.5% |
Other | 18.6% |
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 | 9.3% |
High School | 29.4% |
Masters Degree | 2.4% |
Some College | 29.0% |
Some High School | 16.2% |
Other | 13.7% |
302 Galahad St Comps
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