Sell Your Property

Easily Access a network of motivated buyers
This page contains information about each property aggregated from public data sources, 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.

...MORE

This page contains information about each property aggregated from public data sources, 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.

3507 Hamilton Ave Lago Vista, TX 78645

0 Beds 2 Baths 2,169 sqft Built 1993
Last updated:  Jan 23, 2020

INVESTimate

$356,329

$325K - $387K

Price Est.

$1,753

$1.5K - $2.0K

Rent Est.

$388,114  ( +8.92%)   1 YR EST. FORECAST

3507 Hamilton Ave PROPERTY INFO

FACTS
  • Built In 1993
  • Price/Sqft : $164.28
CONSTRUCTION
  • Beds : 0
  • Floor Size : 2,169 sqft
  • Baths : 2 Full
PROPERTY DESCRIPTION
3507 Hamilton Ave, Lago Vista, TX 78645 is a single family home of 2,169 sqft. HomeUnion estimate for 3507 Hamilton Ave includes a Price Estimate of $356,329 and a Rent Estimate of $1,753. This single family home has 0 bedrooms, 2 bathrooms, and was built in 1993. This property has an estimated 15 year annualized Yield of 5.90% and Total Return of 20.39%. The estimated 1 year forecast in home value for 3507 Hamilton Ave is 8.92%.
  
  
  

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

  • 27440 N ALMA SCHOOL Parkway #33-1 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units
    AVAILABLE
    • 16.35% GROSS YIELD
    • $16,743 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $240,000
    • $69,350
    • $3,270
  • 1147 W ROSEWOOD AVE San Antonio, TX
    • 2 beds 2 baths ∙ 1,006 Sqft ∙ Built 1920 ∙ 2units 2 beds 2 baths ∙ 1,006 Sqft ∙ Built 1920 ∙ 2units
    AVAILABLE
    • 16.00% GROSS YIELD
    • $11,492 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $150,000
    • $51,250
    • $2,000
  • 843 Mcafee Street Street Dalton, GA
    • 5 beds 4 baths ∙ 2,400 Sqft ∙ Built 1970 ∙ 4units 5 beds 4 baths ∙ 2,400 Sqft ∙ Built 1970 ∙ 4units
    AVAILABLE fmls
    • 15.00% GROSS YIELD
    • $19,386 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $240,000
    • $86,600
    • $3,000
  • 5614 OCEAN SIDE ST San Antonio, TX
    • 3 beds 2 baths ∙ 1,317 Sqft ∙ Built 1979 ∙ 1units 3 beds 2 baths ∙ 1,317 Sqft ∙ Built 1979 ∙ 1units
    AVAILABLE
    • 14.89% GROSS YIELD
    • $7,139 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $99,900
    • $32,224
    • $1,240

3507 Hamilton Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
LAGO VISTA ELEMENTARY SCHOOL Primary Regular 587 39 8
LAGO VISTA MIDDLE SCHOOL Middle Regular 335 21 8
LAGO VISTA HIGH SCHOOL High Regular 407 31 8

LAGO VISTA ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 587
  • # of teachers: 39
8
GreatSchools Rating

LAGO VISTA MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 335
  • # of teachers: 21
8
GreatSchools Rating

LAGO VISTA HIGH SCHOOL

  • Education Level: High
  • # of students: 407
  • # of teachers: 31
8
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

Highland Lake Estates

  • 1,891

    POPULATION
  • 753

    HOUSEHOLDS
  • 77.7%

    WHITE COLLAR

Neighborhood : Highland Lake Estates

HOUSEHOLDS
753
POPULATION

1,891

19.5%Renters
80.5%Home Owners
LABOR FORCE

 

77.7%White Collar
22.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 62% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,753 per month.

MY RENT : $1,753 MEDIAN RENT : $1,620

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 37.5%
>=$1,500 62.5%
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 $1,753 would therefore be considered affordable for annual household incomes greater than $70,120 (12 months x 3.333 x $1,753).

Rent % Affordability
Above $500 88.2%
Above $700 82.8%
Above $1,100 75.7%
Above $1,500 64.9%
Above $1,900 57.6%
HOUSEHOLD INCOME RANGE

Approximately 313 of households in this neighborhood have a total annual income of $70,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,753 per month.

MINIMUM INCOME RANGE : $70,120

Income % Distribution
<$20K 11.8%
$20K-$35K 8.8%
$35K-$60K 14.5%
$60K-$100K 33.1%
>=$100K 31.8%
COMMUTE TIME DISTRIBUTION

47% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 40% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.7%
5-9 mins 5.8%
10-14 mins 5.2%
15-19 mins 12.1%
20-29 mins 7.1%
30-44 mins 27.7%
45-59 mins 24.2%
>60 mins 16.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 62% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,753 per month.

MY RENT : $1,753 MEDIAN RENT : $1,620

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 37.5%
>=$1,500 62.5%
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 $1,753 would therefore be considered affordable for annual household incomes greater than $70,120 (12 months x 3.333 x $1,753).

Rent % Affordability
Above $500 88.2%
Above $700 82.8%
Above $1,100 75.7%
Above $1,500 64.9%
Above $1,900 57.6%
HOUSEHOLD INCOME RANGE

Approximately 313 of households in this neighborhood have a total annual income of $70,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,753 per month.

MINIMUM INCOME RANGE : $70,120

Income % Distribution
<$20K 11.8%
$20K-$35K 8.8%
$35K-$60K 14.5%
$60K-$100K 33.1%
>=$100K 31.8%
COMMUTE TIME DISTRIBUTION

47% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 40% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.7%
5-9 mins 5.8%
10-14 mins 5.2%
15-19 mins 12.1%
20-29 mins 7.1%
30-44 mins 27.7%
45-59 mins 24.2%
>60 mins 16.2%

Highland Lake Estates Demographics

INDUSTRY

Industry % Distribution
Construction 14.7%
Educational Services 9.1%
Financial Industries 11.8%
Health Care & Social Assistance 8.0%
Manufacturing 9.5%
Retail & Wholesale Trader 17.7%
Other 29.2%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 23% is 24 or younger and 26% is 65 or older.

Age % Distribution
<15 13.7%
15-19 7.3%
20-24 2.5%
25-44 20.3%
45-65 30.4%
66+ 25.9%
OCCUPATION

Occupation % Distribution
Computer Engineering 6.1%
Construction 8.3%
Management, Business, & Financial 24.6%
Natural Resources Maintenance 9.2%
Production & Transportation 7.0%
Sales & Office 33.0%
Other 11.9%
HIGHEST EDUCATION LEVEL

24% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.7%
High School 12.0%
Masters Degree 10.4%
Some College 27.7%
Some High School 3.3%
Other 36.0%

3507 Hamilton Ave Comps

Sorry, we do not have sufficient data available.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , TRAVIS County , or the 78645 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 78745
  2. 78669
  3. 77024