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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

3611 Logan Ave Laredo, TX 78040

0 Beds 0 Baths 1,392 sqft Built 1799
Last updated:  Oct 23, 2019

INVESTimate

$134,042

$121K - $147K

Price Est.

$879

823 - 935

Rent Est.

$140,945  ( +5.15%)   1 YR EST. FORECAST
  
  
  

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3611 Logan Ave PROPERTY INFO

FACTS
  • Built In 1799
  • Price/Sqft : $96.29
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,392 sqft
  • Baths : 0 Full

3611 Logan Ave SCHOOLS

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Financial Details

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Neighborhood

Las Polkas

  • 2,611

    POPULATION
  • 772

    HOUSEHOLDS
  • 56.7%

    WHITE COLLAR

Neighborhood : Las Polkas

HOUSEHOLDS
772
POPULATION

2,611

54.5%Renters
45.5%Home Owners
LABOR FORCE

 

56.7%White Collar
43.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 65% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $879 per month.

MY RENT : $879 MEDIAN RENT : $946

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 39.3%
$900-999 19.8%
$1,000-1,499 40.3%
>=$1,500 0.6%
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 $879 would therefore be considered affordable for annual household incomes greater than $35,160 (12 months x 3.333 x $879).

Rent % Affordability
Above $500 58.8%
Above $700 48.4%
Above $1,100 27.2%
Above $1,500 19.5%
Above $1,900 12.6%
HOUSEHOLD INCOME RANGE

Approximately 208 of households in this neighborhood have a total annual income of $35,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $879 per month.

MINIMUM INCOME RANGE : $35,160

Income % Distribution
<$20K 41.2%
$20K-$35K 21.6%
$35K-$60K 17.7%
$60K-$100K 16.8%
>=$100K 2.7%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 44% has a commute time of 14 minutes or less and 1% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.5%
5-9 mins 8.6%
10-14 mins 31.5%
15-19 mins 25.0%
20-29 mins 23.9%
30-44 mins 6.2%
45-59 mins 0.9%
>60 mins 0.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 65% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $879 per month.

MY RENT : $879 MEDIAN RENT : $946

Rent % Distribution
$500-699 0.0%
$700-899 39.3%
$900-999 19.8%
$1,000-1,499 40.3%
>=$1,500 0.6%
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 $879 would therefore be considered affordable for annual household incomes greater than $35,160 (12 months x 3.333 x $879).

Rent % Affordability
Above $500 58.8%
Above $700 48.4%
Above $1,100 27.2%
Above $1,500 19.5%
Above $1,900 12.6%
HOUSEHOLD INCOME RANGE

Approximately 208 of households in this neighborhood have a total annual income of $35,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $879 per month.

MINIMUM INCOME RANGE : $35,160

Income % Distribution
<$20K 41.2%
$20K-$35K 21.6%
$35K-$60K 17.7%
$60K-$100K 16.8%
>=$100K 2.7%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 44% has a commute time of 14 minutes or less and 1% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.5%
5-9 mins 8.6%
10-14 mins 31.5%
15-19 mins 25.0%
20-29 mins 23.9%
30-44 mins 6.2%
45-59 mins 0.9%
>60 mins 0.5%

Las Polkas Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 12.4%
Construction 6.3%
Educational Services 8.2%
Health Care & Social Assistance 15.4%
Retail & Wholesale Trader 22.8%
Transportation 8.7%
Other 26.2%
AGE DISTRIBUTION

43% of the population is between the ages of 25 and 64, 43% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 28.9%
15-19 6.0%
20-24 8.2%
25-44 24.2%
45-65 18.3%
66+ 14.3%
OCCUPATION

Occupation % Distribution
Education 6.2%
Healthcare 13.4%
Management, Business, & Financial 13.6%
Natural Resources Maintenance 14.9%
Production & Transportation 12.8%
Sales & Office 24.8%
Other 14.3%
HIGHEST EDUCATION LEVEL

7% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 4.8%
High School 24.6%
Masters Degree 1.5%
Some College 19.9%
Some High School 42.8%
Other 6.4%

3611 Logan Ave Comps

Sorry, we do not have sufficient data available.

3611 Logan Ave, Laredo, TX 78040 is a single family home of 1,392 sqft. HomeUnion INVESTimateĀ® for 3611 Logan Ave includes a Price Estimate of $134,042 and a Rent Estimate of $879. This single family home has 0 bedrooms,0 bathrooms, and was built in 1799. This property has an estimated 15 year annualized Yield of 7.87% and Total Return of 12.81%. The estimated 1 year forecast in home value for 3611 Logan Ave is 5.15%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , WEBB County , or the 78040 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 78041
  2. 78043
  3. 78046