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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

3808 Shadycreek Dr Garland, TX 75042

3 Beds 2 Baths 2,201 sqft Built 1979
Last updated:  Oct 23, 2019

INVESTimate

$249,861

$224K - $275K

Price Est.

$1,622

$1.5K - $1.7K

Rent Est.

$282,018  ( +12.87%)   1 YR EST. FORECAST
  
  
  

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3808 Shadycreek Dr PROPERTY INFO

FACTS
  • Built In 1979
  • Price/Sqft : $113.52
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,201 sqft
  • Baths : 2 Full

3808 Shadycreek Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
O HENRY ELEMENTARY SCHOOL Primary Regular 472 32 5
LIBERTY JUNIOR HIGH SCHOOL Middle Regular 600 44 6
BERKNER HIGH SCHOOL High Regular 2,639 181 6

O HENRY ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 472
  • # of teachers: 32
5
GreatSchools Rating

LIBERTY JUNIOR HIGH SCHOOL

  • Education Level: Middle
  • # of students: 600
  • # of teachers: 44
6
GreatSchools Rating

BERKNER HIGH SCHOOL

  • Education Level: High
  • # of students: 2,639
  • # of teachers: 181
6
GreatSchools Rating
 

Financial Details

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Neighborhood

Westcreek Estates

  • 422

    POPULATION
  • 135

    HOUSEHOLDS
  • 48.2%

    WHITE COLLAR

Neighborhood : Westcreek Estates

HOUSEHOLDS
135
POPULATION

422

48.1%Renters
51.9%Home Owners
LABOR FORCE

 

48.2%White Collar
51.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 70% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,622 per month.

MY RENT : $1,622 MEDIAN RENT : $1,564

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 29.7%
>=$1,500 70.3%
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 $1,622 would therefore be considered affordable for annual household incomes greater than $64,880 (12 months x 3.333 x $1,622).

Rent % Affordability
Above $500 72.9%
Above $700 57.7%
Above $1,100 38.3%
Above $1,500 21.8%
Above $1,900 21.5%
HOUSEHOLD INCOME RANGE

Approximately 23 of households in this neighborhood have a total annual income of $64,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,622 per month.

MINIMUM INCOME RANGE : $64,880

Income % Distribution
<$20K 27.1%
$20K-$35K 20.3%
$35K-$60K 30.8%
$60K-$100K 7.5%
>=$100K 14.3%
COMMUTE TIME DISTRIBUTION

74% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 7.6%
10-14 mins 5.8%
15-19 mins 27.3%
20-29 mins 16.3%
30-44 mins 30.8%
45-59 mins 12.2%
>60 mins 0.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 70% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,622 per month.

MY RENT : $1,622 MEDIAN RENT : $1,564

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 29.7%
>=$1,500 70.3%
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 $1,622 would therefore be considered affordable for annual household incomes greater than $64,880 (12 months x 3.333 x $1,622).

Rent % Affordability
Above $500 72.9%
Above $700 57.7%
Above $1,100 38.3%
Above $1,500 21.8%
Above $1,900 21.5%
HOUSEHOLD INCOME RANGE

Approximately 23 of households in this neighborhood have a total annual income of $64,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,622 per month.

MINIMUM INCOME RANGE : $64,880

Income % Distribution
<$20K 27.1%
$20K-$35K 20.3%
$35K-$60K 30.8%
$60K-$100K 7.5%
>=$100K 14.3%
COMMUTE TIME DISTRIBUTION

74% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 7.6%
10-14 mins 5.8%
15-19 mins 27.3%
20-29 mins 16.3%
30-44 mins 30.8%
45-59 mins 12.2%
>60 mins 0.0%

Westcreek Estates Demographics

INDUSTRY

Industry % Distribution
Administrative Support 13.3%
Construction 7.8%
Health Care & Social Assistance 20.0%
Information 13.9%
Manufacturing 11.7%
Retail & Wholesale Trader 9.4%
Other 23.9%
AGE DISTRIBUTION

48% of the population is between the ages of 25 and 64, 42% is 24 or younger and 10% is 65 or older.

Age % Distribution
<15 22.5%
15-19 10.4%
20-24 9.0%
25-44 18.7%
45-65 29.1%
66+ 10.2%
OCCUPATION

Occupation % Distribution
Clean 12.3%
Education 11.4%
Healthcare 14.0%
Management, Business, & Financial 21.9%
Natural Resources Maintenance 9.6%
Sales & Office 14.9%
Other 15.8%
HIGHEST EDUCATION LEVEL

10% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 3.7%
Doctorate 6.1%
High School 23.4%
Some College 44.3%
Some High School 19.7%
Other 2.9%

3808 Shadycreek Dr Comps

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3808 Shadycreek Dr, Garland, TX 75042 is a single family home of 2,201 sqft. HomeUnion INVESTimateĀ® for 3808 Shadycreek Dr includes a Price Estimate of $249,861 and a Rent Estimate of $1,622. This single family home has 3 bedrooms,2 bathrooms, and was built in 1979. This property has an estimated 15 year annualized Yield of 7.79% and Total Return of 36.30%. The estimated 1 year forecast in home value for 3808 Shadycreek Dr is 12.87%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , DALLAS County , or the 75042 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 75081
  2. 75044
  3. 75041
  4. 75243