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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

37907 Longhorn Dr Simonton, TX 77476

4 Beds 2 Baths 2,398 sqft Built 1988
Last updated:  Dec 26, 2019

INVESTimate

$235,985

$215K - $257K

Price Est.

$1,710

$1.6K - $1.8K

Rent Est.

$245,731  ( +4.13%)   1 YR EST. FORECAST
  
  
  

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37907 Longhorn Dr PROPERTY INFO

FACTS
  • Built In 1988
  • Price/Sqft : $98.41
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,398 sqft
  • Baths : 2 Full

37907 Longhorn Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HUGGINS ELEMENTARY SCHOOL Primary Regular 454 30 9
WERTHEIMER MIDDLE SCHOOL Middle Regular 501 31 9
FOSTER HIGH SCHOOL High Regular 1,934 99 7

HUGGINS ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 454
  • # of teachers: 30
9
GreatSchools Rating

WERTHEIMER MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 501
  • # of teachers: 31
9
GreatSchools Rating

FOSTER HIGH SCHOOL

  • Education Level: High
  • # of students: 1,934
  • # of teachers: 99
7
GreatSchools Rating
 

Financial Details

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Neighborhood

Brazos Valley

  • 645

    POPULATION
  • 241

    HOUSEHOLDS
  • 85.2%

    WHITE COLLAR

Neighborhood : Brazos Valley

HOUSEHOLDS
241
POPULATION

645

21.1%Renters
78.9%Home Owners
LABOR FORCE

 

85.2%White Collar
14.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 83% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,710 per month.

MY RENT : $1,710 MEDIAN RENT : $1,731

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 16.8%
>=$1,500 83.2%
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 $1,710 would therefore be considered affordable for annual household incomes greater than $68,400 (12 months x 3.333 x $1,710).

Rent % Affordability
Above $500 97.5%
Above $700 93.2%
Above $1,100 83.4%
Above $1,500 66.2%
Above $1,900 58.2%
HOUSEHOLD INCOME RANGE

Approximately 107 of households in this neighborhood have a total annual income of $68,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,710 per month.

MINIMUM INCOME RANGE : $68,400

Income % Distribution
<$20K 2.5%
$20K-$35K 8.8%
$35K-$60K 22.5%
$60K-$100K 31.7%
>=$100K 34.6%
COMMUTE TIME DISTRIBUTION

26% of the working population has a commute time of 15 to 44 minutes, 7% has a commute time of 14 minutes or less and 66% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 0.0%
10-14 mins 7.4%
15-19 mins 6.3%
20-29 mins 10.2%
30-44 mins 9.8%
45-59 mins 7.4%
>60 mins 58.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 83% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,710 per month.

MY RENT : $1,710 MEDIAN RENT : $1,731

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 16.8%
>=$1,500 83.2%
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 $1,710 would therefore be considered affordable for annual household incomes greater than $68,400 (12 months x 3.333 x $1,710).

Rent % Affordability
Above $500 97.5%
Above $700 93.2%
Above $1,100 83.4%
Above $1,500 66.2%
Above $1,900 58.2%
HOUSEHOLD INCOME RANGE

Approximately 107 of households in this neighborhood have a total annual income of $68,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,710 per month.

MINIMUM INCOME RANGE : $68,400

Income % Distribution
<$20K 2.5%
$20K-$35K 8.8%
$35K-$60K 22.5%
$60K-$100K 31.7%
>=$100K 34.6%
COMMUTE TIME DISTRIBUTION

26% of the working population has a commute time of 15 to 44 minutes, 7% has a commute time of 14 minutes or less and 66% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 0.0%
10-14 mins 7.4%
15-19 mins 6.3%
20-29 mins 10.2%
30-44 mins 9.8%
45-59 mins 7.4%
>60 mins 58.9%

Brazos Valley Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 9.4%
Arts & Entertainment 13.5%
Construction 16.7%
Educational Services 6.2%
Retail & Wholesale Trader 16.7%
Transportation 6.6%
Other 30.9%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 36% is 24 or younger and 12% is 65 or older.

Age % Distribution
<15 21.6%
15-19 3.3%
20-24 10.7%
25-44 18.3%
45-65 34.0%
66+ 12.2%
OCCUPATION

Occupation % Distribution
Adesm 7.3%
Computer Engineering 6.0%
Management, Business, & Financial 42.7%
Natural Resources Maintenance 7.3%
Production & Transportation 4.8%
Sales & Office 22.2%
Other 9.7%
HIGHEST EDUCATION LEVEL

9% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 3.3%
High School 24.6%
Masters Degree 5.2%
Some College 23.2%
Some High School 21.3%
Other 22.5%

37907 Longhorn Dr Comps

Sorry, we do not have sufficient data available.

37907 Longhorn Dr, Simonton, TX 77476 is a single family home of 2,398 sqft. HomeUnion INVESTimateĀ® for 37907 Longhorn Dr includes a Price Estimate of $235,985 and a Rent Estimate of $1,710. This single family home has 4 bedrooms,2 bathrooms, and was built in 1988. This property has an estimated 15 year annualized Yield of 8.70% and Total Return of 19.39%. The estimated 1 year forecast in home value for 37907 Longhorn Dr is 4.13%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , FORT BEND County , or the 77476 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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