INVESTimate
$130,778
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3808 Parker Rd PROPERTY INFO
FACTS
- Built In 1983
- Price/Sqft : $166.40
CONSTRUCTION
- Beds : 3
- Floor Size : 2,705 sqft
- Baths : 2 Full
3808 Parker Rd SCHOOLS
Financial Details
See Financial Details
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WYLIE
Neighborhood : WYLIE
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 86% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,489 per month.
MY RENT : $2,489 MEDIAN RENT : $1,817
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 $2,489 would therefore be considered affordable for annual household incomes greater than $99,560 (12 months x 3.333 x $2,489).
HOUSEHOLD INCOME RANGE
Approximately 7,387 of households in this neighborhood have a total annual income of $99,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,489 per month.
MINIMUM INCOME RANGE : $99,560
COMMUTE TIME DISTRIBUTION
56% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 30% has a commute time of 45 minutes or longer.
WYLIE Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Educational Services | 10.6% |
Financial Industries | 7.6% |
Health Care & Social Assistance | 10.7% |
Manufacturing | 11.5% |
Professional & Scientific Tech Services | 8.9% |
Retail & Wholesale Trader | 14.1% |
Other | 36.5% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 39% is 24 or younger and 8% is 65 or older.
Age | % Distribution |
---|---|
<15 | 25.7% |
15-19 | 7.7% |
20-24 | 5.2% |
25-44 | 29.3% |
45-65 | 24.1% |
66+ | 7.9% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 10.8% |
Construction | 8.7% |
Management, Business, & Financial | 19.7% |
Natural Resources Maintenance | 9.6% |
Production & Transportation | 8.1% |
Sales & Office | 25.5% |
Other | 17.6% |
HIGHEST EDUCATION LEVEL
18% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 8.9% |
High School | 24.0% |
Masters Degree | 7.7% |
Some College | 23.5% |
Some High School | 8.7% |
Other | 27.1% |
3808 Parker Rd Comps
3808 Parker Rd, St Paul, TX 75098 is a single family home of 2,705 sqft. HomeUnion INVESTimateĀ® for 3808 Parker Rd includes a Price Estimate of $450,107 and a Rent Estimate of $2,489. This single family home has 3 bedrooms,2 bathrooms, and was built in 1983. This property has an estimated 15 year annualized Yield of 6.64% and Total Return of 24.22%. The estimated 1 year forecast in home value for 3808 Parker Rd is 8.85%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , COLLIN County , or the 75098 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2