1. < Quail Springs Rd

Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

3141 Quail Springs Rd 7 Corpus Christi, TX 78414

12 Beds 0 Baths 1,866 sqft Built 2004
Last updated:  Jul 30, 2018

INVESTimate

$228,428

$214K - $242K

Price Est.

$1,615

$1.5K - $1.7K

Rent Est.

$72,033

Investment Est.

$238,250  ( +4.3%)   1 YR EST. FORECAST

OTHER REAL ESTATE INVESTMENT PROPERTIES

  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 6036 BEACHVIEW LANE Fort Worth, TX
    • 4 beds 3 baths ∙ 2,410 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,410 Sqft ∙ Built 2006
    AVAILABLE
    • 13.60% GROSS YIELD
    • $8,201 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $156,200
    • $52,893
    • $1,770
  • 20 VIA MANTOVA #210 Henderson, NV
    • 2 beds 1 baths ∙ 1,503 Sqft ∙ Built 2006 2 beds 1 baths ∙ 1,503 Sqft ∙ Built 2006
    AVAILABLE
    • 13.23% GROSS YIELD
    • $9,808 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $71,125
    • $2,480
  • 13818 DURWOOD San Antonio, TX
    • 3 beds 2 baths ∙ 1,220 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,220 Sqft ∙ Built 1981
    AVAILABLE
    • 13.21% GROSS YIELD
    • $5,900 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $99,900
    • $37,974
    • $1,100
  • 12011 KINGS GROVE DRIVE Houston, TX
    • 3 beds 2 baths ∙ 1,176 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,176 Sqft ∙ Built 1982
    AVAILABLE
    • 12.88% GROSS YIELD
    • $5,800 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $109,900
    • $40,624
    • $1,180

3141 Quail Springs Rd 7 PROPERTY INFO

FACTS
  • Built In 2004
  • Price/Sqft : $122.42
CONSTRUCTION
  • Beds : 12
  • Floor Size : 1,866 sqft
  • Baths : 0 Full

3141 Quail Springs Rd 7 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BARNES ELEMENTARY SCHOOL Primary Regular 629 34 6
DOROTHY ADKINS MIDDLE SCHOOL Middle Unknown NA
KING HIGH SCHOOL High Regular 2,426 125 4

BARNES ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 629
  • # of teachers: 34
6
GreatSchools Rating

DOROTHY ADKINS MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 0
  • # of teachers: 0
-1
GreatSchools Rating

KING HIGH SCHOOL

  • Education Level: High
  • # of students: 2,426
  • # of teachers: 125
4
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

Southside

  • 112,289

    POPULATION

  • 41,546

    HOUSEHOLDS

  • 61.5%

    WHITE COLLAR

Neighborhood : Southside

HOUSEHOLDS
41,546
POPULATION

112,289

43.0%Renters
57.0%Home Owners
LABOR FORCE

 

61.5%White Collar
38.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 40% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,615 per month.

MY RENT : $1,615 MEDIAN RENT : $1,424

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 1.4%
$900-999 1.7%
$1,000-1,499 56.4%
>=$1,500 40.5%
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 $1,615 would therefore be considered affordable for annual household incomes greater than $64,600 (12 months x 3.333 x $1,615).

Rent % Affordability
Above $500 86.1%
Above $700 79.1%
Above $1,100 63.7%
Above $1,500 51.7%
Above $1,900 39.9%
HOUSEHOLD INCOME RANGE

Approximately 14,407 of households in this neighborhood have a total annual income of $64,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,615 per month.

MINIMUM INCOME RANGE : $64,600

Income % Distribution
<$20K 13.9%
$20K-$35K 13.4%
$35K-$60K 20.9%
$60K-$100K 26.4%
>=$100K 25.3%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.0%
5-9 mins 10.1%
10-14 mins 18.2%
15-19 mins 24.4%
20-29 mins 27.4%
30-44 mins 11.4%
45-59 mins 3.3%
>60 mins 3.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 40% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,615 per month.

MY RENT : $1,615 MEDIAN RENT : $1,424

Rent % Distribution
$500-699 0.0%
$700-899 1.4%
$900-999 1.7%
$1,000-1,499 56.4%
>=$1,500 40.5%
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 $1,615 would therefore be considered affordable for annual household incomes greater than $64,600 (12 months x 3.333 x $1,615).

Rent % Affordability
Above $500 86.1%
Above $700 79.1%
Above $1,100 63.7%
Above $1,500 51.7%
Above $1,900 39.9%
HOUSEHOLD INCOME RANGE

Approximately 14,407 of households in this neighborhood have a total annual income of $64,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,615 per month.

MINIMUM INCOME RANGE : $64,600

Income % Distribution
<$20K 13.9%
$20K-$35K 13.4%
$35K-$60K 20.9%
$60K-$100K 26.4%
>=$100K 25.3%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.0%
5-9 mins 10.1%
10-14 mins 18.2%
15-19 mins 24.4%
20-29 mins 27.4%
30-44 mins 11.4%
45-59 mins 3.3%
>60 mins 3.3%
Southside Demographics
INDUSTRY

           

Industry % Distribution
Arts & Entertainment 11.1%
Educational Services 10.4%
Health Care & Social Assistance 15.9%
Manufacturing 5.8%
Public Administration 8.6%
Retail & Wholesale Trader 15.3%
Other 32.8%
OCCUPATION

           

Occupation % Distribution
Construction 7.0%
Healthcare 10.3%
Management, Business, & Financial 13.8%
Natural Resources Maintenance 12.6%
Production & Transportation 9.9%
Sales & Office 24.7%
Other 21.6%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 33% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 22.2%
15-19 6.4%
20-24 7.9%
25-44 29.0%
45-65 23.2%
66+ 11.1%
HIGHEST EDUCATION LEVEL

12% 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 25.1%
Masters Degree 7.2%
Some College 27.4%
Some High School 11.3%
Other 19.7%

Southside Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 11.1%
Educational Services 10.4%
Health Care & Social Assistance 15.9%
Manufacturing 5.8%
Public Administration 8.6%
Retail & Wholesale Trader 15.3%
Other 32.8%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 37% is 24 or younger and 11% is 65 or older.

Age % Distribution
<15 22.2%
15-19 6.4%
20-24 7.9%
25-44 29.0%
45-65 23.2%
66+ 11.1%
OCCUPATION

Occupation % Distribution
Construction 7.0%
Healthcare 10.3%
Management, Business, & Financial 13.8%
Natural Resources Maintenance 12.6%
Production & Transportation 9.9%
Sales & Office 24.7%
Other 21.6%
HIGHEST EDUCATION LEVEL

19% 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 25.1%
Masters Degree 7.2%
Some College 27.4%
Some High School 11.3%
Other 19.7%

3141 Quail Springs Rd 7 Comps

Sorry, we do not have sufficient data available.

3141 Quail Springs Rd 7, Corpus Christi, TX 78414 is a single family home of 1,866 sqft. HomeUnion INVESTimate® for 3141 Quail Springs Rd 7 includes a Price Estimate of $228,428 and a Rent Estimate of $1,615. This single family home has 12 bedrooms,0 bathrooms, and was built in 2004. This property has an estimated 15 year annualized Yield of 8.48% and Total Return of 14.69%. The estimated 1 year forecast in home value for 3141 Quail Springs Rd 7 is 4.3%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX, NUECES County, or the 78414 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Resources
Contact
866-732-3220 866-732-3220
INVESTMENT PROPERTIES BY STATE
equal-house black-seal
2010 Main Street, Suite #250, Irvine CA 92614 | Nationwide Mortgage Licensing System #1189576

© 2018 HomeUnion, Inc. All Rights Reserved.