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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

317 Mockingbird Ln Highland Village, TX 75077

3 Beds 2 Baths 1,612 sqft Built 1980
Last updated:  Oct 23, 2019

INVESTimate

$307,789

$287K - $329K

Price Est.

$1,840

$1.8K - $1.9K

Rent Est.

$331,489  ( +7.7%)   1 YR EST. FORECAST
  
  
  

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317 Mockingbird Ln PROPERTY INFO

FACTS
  • Built In 1980
  • Price/Sqft : $190.94
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,612 sqft
  • Baths : 2 Full

317 Mockingbird Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MCAULIFFE ELEMENTARY SCHOOL Primary Regular 505 33 9
BRIARHILL MIDDLE SCHOOL Middle Regular 993 64 9
MARCUS 9TH GRADE CAMPUS High Regular 3,182 198 8

MCAULIFFE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 505
  • # of teachers: 33
9
GreatSchools Rating

BRIARHILL MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 993
  • # of teachers: 64
9
GreatSchools Rating

MARCUS 9TH GRADE CAMPUS

  • Education Level: High
  • # of students: 3,182
  • # of teachers: 198
8
GreatSchools Rating
 

Financial Details

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Neighborhood

Clearwater Estates

  • 580

    POPULATION
  • 214

    HOUSEHOLDS
  • 84.3%

    WHITE COLLAR

Neighborhood : Clearwater Estates

HOUSEHOLDS
214
POPULATION

580

7.0%Renters
93.0%Home Owners
LABOR FORCE

 

84.3%White Collar
15.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,840 per month.

MY RENT : $1,840 MEDIAN RENT : $1,951

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $1,840 would therefore be considered affordable for annual household incomes greater than $73,600 (12 months x 3.333 x $1,840).

Rent % Affordability
Above $500 98.6%
Above $700 98.0%
Above $1,100 94.3%
Above $1,500 75.1%
Above $1,900 73.0%
HOUSEHOLD INCOME RANGE

Approximately 149 of households in this neighborhood have a total annual income of $73,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,840 per month.

MINIMUM INCOME RANGE : $73,600

Income % Distribution
<$20K 1.4%
$20K-$35K 0.9%
$35K-$60K 22.5%
$60K-$100K 7.0%
>=$100K 68.1%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.0%
5-9 mins 10.8%
10-14 mins 11.8%
15-19 mins 5.2%
20-29 mins 11.1%
30-44 mins 34.0%
45-59 mins 19.1%
>60 mins 6.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,840 per month.

MY RENT : $1,840 MEDIAN RENT : $1,951

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $1,840 would therefore be considered affordable for annual household incomes greater than $73,600 (12 months x 3.333 x $1,840).

Rent % Affordability
Above $500 98.6%
Above $700 98.0%
Above $1,100 94.3%
Above $1,500 75.1%
Above $1,900 73.0%
HOUSEHOLD INCOME RANGE

Approximately 149 of households in this neighborhood have a total annual income of $73,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,840 per month.

MINIMUM INCOME RANGE : $73,600

Income % Distribution
<$20K 1.4%
$20K-$35K 0.9%
$35K-$60K 22.5%
$60K-$100K 7.0%
>=$100K 68.1%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.0%
5-9 mins 10.8%
10-14 mins 11.8%
15-19 mins 5.2%
20-29 mins 11.1%
30-44 mins 34.0%
45-59 mins 19.1%
>60 mins 6.9%

Clearwater Estates Demographics

INDUSTRY

Industry % Distribution
Educational Services 9.6%
Financial Industries 7.7%
Health Care & Social Assistance 7.0%
Manufacturing 16.0%
Professional & Scientific Tech Services 12.5%
Retail & Wholesale Trader 19.5%
Other 27.8%
AGE DISTRIBUTION

59% of the population is between the ages of 25 and 64, 26% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 17.4%
15-19 5.5%
20-24 2.8%
25-44 16.6%
45-65 42.2%
66+ 15.5%
OCCUPATION

Occupation % Distribution
Computer Engineering 13.1%
Healthcare 5.1%
Management, Business, & Financial 34.5%
Production & Transportation 8.0%
Sales & Office 22.9%
Social 6.9%
Other 9.5%
HIGHEST EDUCATION LEVEL

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

Education Level % Distribution
Doctorate 3.7%
High School 16.5%
Masters Degree 13.5%
Professional 4.6%
Some College 27.1%
Other 34.6%

317 Mockingbird Ln Comps

Sorry, we do not have sufficient data available.

317 Mockingbird Ln, Highland Village, TX 75077 is a single family home of 1,612 sqft. HomeUnion INVESTimateĀ® for 317 Mockingbird Ln includes a Price Estimate of $307,789 and a Rent Estimate of $1,840. This single family home has 3 bedrooms,2 bathrooms, and was built in 1980. This property has an estimated 15 year annualized Yield of 7.17% and Total Return of 24.48%. The estimated 1 year forecast in home value for 317 Mockingbird Ln is 7.7%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , DENTON County , or the 75077 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

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