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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

4000 Red Bird Trl Lago Vista, TX 78645

0 Beds 3 Baths 3,509 sqft Built 2002
Last updated:  Jan 23, 2020

INVESTimate

$918,395

$838K - $998K

Price Est.

$2,743

$2.4K - $3.1K

Rent Est.

$979,376  ( +6.64%)   1 YR EST. FORECAST
  
  
  

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4000 Red Bird Trl PROPERTY INFO

FACTS
  • Built In 2002
  • Price/Sqft : $261.73
CONSTRUCTION
  • Beds : 0
  • Floor Size : 3,509 sqft
  • Baths : 3 Full

4000 Red Bird Trl 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

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Neighborhood

Lodge Acres

  • 134

    POPULATION
  • 57

    HOUSEHOLDS
  • 77.1%

    WHITE COLLAR

Neighborhood : Lodge Acres

HOUSEHOLDS
57
POPULATION

134

14.0%Renters
86.0%Home Owners
LABOR FORCE

 

77.1%White Collar
22.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 81% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,743 per month.

MY RENT : $2,743 MEDIAN RENT : $1,695

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 19.1%
>=$1,500 80.9%
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 $2,743 would therefore be considered affordable for annual household incomes greater than $109,720 (12 months x 3.333 x $2,743).

Rent % Affordability
Above $500 78.6%
Above $700 74.6%
Above $1,100 66.8%
Above $1,500 58.9%
Above $1,900 52.9%
HOUSEHOLD INCOME RANGE

Approximately 11 of households in this neighborhood have a total annual income of $109,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,743 per month.

MINIMUM INCOME RANGE : $109,720

Income % Distribution
<$20K 21.4%
$20K-$35K 7.1%
$35K-$60K 12.5%
$60K-$100K 23.2%
>=$100K 35.7%
COMMUTE TIME DISTRIBUTION

39% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 43% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.1%
5-9 mins 6.1%
10-14 mins 6.1%
15-19 mins 6.1%
20-29 mins 10.2%
30-44 mins 22.4%
45-59 mins 18.4%
>60 mins 24.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 81% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,743 per month.

MY RENT : $2,743 MEDIAN RENT : $1,695

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 19.1%
>=$1,500 80.9%
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 $2,743 would therefore be considered affordable for annual household incomes greater than $109,720 (12 months x 3.333 x $2,743).

Rent % Affordability
Above $500 78.6%
Above $700 74.6%
Above $1,100 66.8%
Above $1,500 58.9%
Above $1,900 52.9%
HOUSEHOLD INCOME RANGE

Approximately 11 of households in this neighborhood have a total annual income of $109,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,743 per month.

MINIMUM INCOME RANGE : $109,720

Income % Distribution
<$20K 21.4%
$20K-$35K 7.1%
$35K-$60K 12.5%
$60K-$100K 23.2%
>=$100K 35.7%
COMMUTE TIME DISTRIBUTION

39% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 43% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.1%
5-9 mins 6.1%
10-14 mins 6.1%
15-19 mins 6.1%
20-29 mins 10.2%
30-44 mins 22.4%
45-59 mins 18.4%
>60 mins 24.5%

Lodge Acres Demographics

INDUSTRY

Industry % Distribution
Construction 10.2%
Health Care & Social Assistance 13.6%
Manufacturing 11.9%
Professional & Scientific Tech Services 11.9%
Retail & Wholesale Trader 13.6%
Transportation 5.1%
Other 33.9%
AGE DISTRIBUTION

64% of the population is between the ages of 25 and 64, 19% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 14.2%
15-19 1.5%
20-24 3.0%
25-44 18.7%
45-65 45.5%
66+ 17.2%
OCCUPATION

Occupation % Distribution
Computer Engineering 7.1%
Healthcare 7.1%
Management, Business, & Financial 31.0%
Natural Resources Maintenance 7.1%
Production & Transportation 9.5%
Sales & Office 28.6%
Other 9.5%
HIGHEST EDUCATION LEVEL

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

Education Level % Distribution
Associates Degree 11.5%
High School 23.1%
Masters Degree 10.6%
Some College 26.0%
Some High School 4.8%
Other 24.0%

4000 Red Bird Trl Comps

Sorry, we do not have sufficient data available.

4000 Red Bird Trl, Lago Vista, TX 78645 is a single family home of 3,509 sqft. HomeUnion INVESTimateĀ® for 4000 Red Bird Trl includes a Price Estimate of $918,395 and a Rent Estimate of $2,743. This single family home has 0 bedrooms,3 bathrooms, and was built in 2002. This property has an estimated 15 year annualized Yield of 3.58% and Total Return of 12.79%. The estimated 1 year forecast in home value for 4000 Red Bird Trl is 6.64%.

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

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