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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
Financial Details
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Clearwater Estates
Neighborhood : Clearwater Estates
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
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).
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
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.
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
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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
