Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

4001 Timberline Dr Garland, TX 75042

3 Beds 2 Baths 1,242 sqft Built 1962
Last updated:  Oct 23, 2019

INVESTimate

$197,000

$177K - $217K

Price Est.

$1,249

$1.2K - $1.3K

Rent Est.

$225,486  ( +14.46%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 110 WAVERLY CIRCLE Abilene, TX
    • 3 beds 2 baths ∙ 1,854 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,854 Sqft ∙ Built 2005
    AVAILABLE
    • 18.22% GROSS YIELD
    • $11,081 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $34,900
    • $1,670
  • 11726 GREENSBROOK FOREST DRIVE Houston, TX
    • 3 beds 2 baths ∙ 1,188 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,188 Sqft ∙ Built 2003
    AVAILABLE
    • 15.88% GROSS YIELD
    • $4,163 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $89,900
    • $29,574
    • $1,190
  • 14409 CORRIDON AVE Maple Heights, OH
    • 3 beds 2 baths ∙ 1,134 Sqft ∙ Built 1952 3 beds 2 baths ∙ 1,134 Sqft ∙ Built 1952
    AVAILABLE
    • 15.21% GROSS YIELD
    • $4,485 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $71,000
    • $24,565
    • $900
  • 12914 Rockside Rd Garfield Heights, OH
    • 3 beds 2 baths ∙ 1,131 Sqft ∙ Built 1949 3 beds 2 baths ∙ 1,131 Sqft ∙ Built 1949
    AVAILABLE
    • 14.90% GROSS YIELD
    • $4,929 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $74,921
    • $25,604
    • $930

4001 Timberline Dr PROPERTY INFO

FACTS
  • Built In 1962
  • Price/Sqft : $158.62
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,242 sqft
  • Baths : 1 Full 1 Half

4001 Timberline Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HILLSIDE ACADEMY FOR EXCEL Primary Magnet 446 29 10
CLASSICAL CENTER AT BRANDENBURG MIDDLE SCHOOL Middle Magnet 1,153 62 8
SACHSE HIGH SCHOOL High Regular 2,609 152 7

HILLSIDE ACADEMY FOR EXCEL

  • Education Level: Primary
  • # of students: 446
  • # of teachers: 29
10
GreatSchools Rating

CLASSICAL CENTER AT BRANDENBURG MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,153
  • # of teachers: 62
8
GreatSchools Rating

SACHSE HIGH SCHOOL

  • Education Level: High
  • # of students: 2,609
  • # of teachers: 152
7
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

Walnut

  • 8,910

    POPULATION
  • 2,297

    HOUSEHOLDS
  • 27.9%

    WHITE COLLAR

Neighborhood : Walnut

HOUSEHOLDS
2,297
POPULATION

8,910

34.1%Renters
65.9%Home Owners
LABOR FORCE

 

27.9%White Collar
72.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 56% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,249 per month.

MY RENT : $1,249 MEDIAN RENT : $1,345

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 88.8%
>=$1,500 11.2%
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 $1,249 would therefore be considered affordable for annual household incomes greater than $49,960 (12 months x 3.333 x $1,249).

Rent % Affordability
Above $500 79.1%
Above $700 68.2%
Above $1,100 47.7%
Above $1,500 31.6%
Above $1,900 22.3%
HOUSEHOLD INCOME RANGE

Approximately 830 of households in this neighborhood have a total annual income of $49,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,249 per month.

MINIMUM INCOME RANGE : $49,960

Income % Distribution
<$20K 20.9%
$20K-$35K 20.6%
$35K-$60K 26.9%
$60K-$100K 22.4%
>=$100K 9.2%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.5%
5-9 mins 7.4%
10-14 mins 10.9%
15-19 mins 15.9%
20-29 mins 21.1%
30-44 mins 27.5%
45-59 mins 11.1%
>60 mins 4.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 56% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,249 per month.

MY RENT : $1,249 MEDIAN RENT : $1,345

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 88.8%
>=$1,500 11.2%
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 $1,249 would therefore be considered affordable for annual household incomes greater than $49,960 (12 months x 3.333 x $1,249).

Rent % Affordability
Above $500 79.1%
Above $700 68.2%
Above $1,100 47.7%
Above $1,500 31.6%
Above $1,900 22.3%
HOUSEHOLD INCOME RANGE

Approximately 830 of households in this neighborhood have a total annual income of $49,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,249 per month.

MINIMUM INCOME RANGE : $49,960

Income % Distribution
<$20K 20.9%
$20K-$35K 20.6%
$35K-$60K 26.9%
$60K-$100K 22.4%
>=$100K 9.2%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.5%
5-9 mins 7.4%
10-14 mins 10.9%
15-19 mins 15.9%
20-29 mins 21.1%
30-44 mins 27.5%
45-59 mins 11.1%
>60 mins 4.6%

Walnut Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 12.2%
Construction 15.0%
Educational Services 8.6%
Health Care & Social Assistance 5.2%
Manufacturing 16.6%
Retail & Wholesale Trader 17.5%
Other 24.8%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 42% is 24 or younger and 9% is 65 or older.

Age % Distribution
<15 26.1%
15-19 7.6%
20-24 8.4%
25-44 28.2%
45-65 20.4%
66+ 9.4%
OCCUPATION

Occupation % Distribution
Clean 11.9%
Education 7.9%
Management, Business, & Financial 6.9%
Natural Resources Maintenance 24.9%
Production & Transportation 21.2%
Sales & Office 17.9%
Other 9.3%
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 5.3%
High School 25.5%
Masters Degree 1.3%
Some College 20.8%
Some High School 39.2%
Other 8.0%

4001 Timberline Dr Comps

Sorry, we do not have sufficient data available.

4001 Timberline Dr, Garland, TX 75042 is a single family home of 1,242 sqft. HomeUnion INVESTimateĀ® for 4001 Timberline Dr includes a Price Estimate of $197,000 and a Rent Estimate of $1,249. This single family home has 3 bedrooms,2 bathrooms, and was built in 1962. This property has an estimated 15 year annualized Yield of 7.61% and Total Return of 39.85%. The estimated 1 year forecast in home value for 4001 Timberline Dr is 14.46%.

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. 75243
  2. 75081
  3. 75044
  4. 75041
  5. 75238