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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

408 Grant St Hooks, TX 75561

0 Beds 0 Baths 1,474 sqft Built 0
Last updated:  Dec 26, 2019

INVESTimate

$107,565

$96.7K - $118K

Price Est.

$903

785 - $1.0K

Rent Est.

$114,524  ( +6.47%)   1 YR EST. FORECAST
  
  
  

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408 Grant St PROPERTY INFO

FACTS
  • Built In 0
  • Price/Sqft : $72.97
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,474 sqft
  • Baths : 0 Full

408 Grant St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HOOKS ELEMENTARY SCHOOL Primary Regular 319 22 9
HOOKS HIGH SCHOOL High Regular 345 33 7

HOOKS ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 319
  • # of teachers: 22
9
GreatSchools Rating

HOOKS HIGH SCHOOL

  • Education Level: High
  • # of students: 345
  • # of teachers: 33
7
GreatSchools Rating
 

Financial Details

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Neighborhood

HOOKS

  • 5,176

    POPULATION
  • 1,968

    HOUSEHOLDS
  • 46.7%

    WHITE COLLAR

Neighborhood : HOOKS

HOUSEHOLDS
1,968
POPULATION

5,176

32.8%Renters
67.2%Home Owners
LABOR FORCE

 

46.7%White Collar
53.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 67% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $903 per month.

MY RENT : $903 MEDIAN RENT : $974

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 32.0%
$900-999 26.1%
$1,000-1,499 39.1%
>=$1,500 2.9%
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 $903 would therefore be considered affordable for annual household incomes greater than $36,120 (12 months x 3.333 x $903).

Rent % Affordability
Above $500 82.6%
Above $700 69.4%
Above $1,100 50.6%
Above $1,500 32.7%
Above $1,900 23.6%
HOUSEHOLD INCOME RANGE

Approximately 867 of households in this neighborhood have a total annual income of $36,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $903 per month.

MINIMUM INCOME RANGE : $36,120

Income % Distribution
<$20K 17.4%
$20K-$35K 21.5%
$35K-$60K 28.3%
$60K-$100K 19.6%
>=$100K 13.1%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 41% has a commute time of 14 minutes or less and 2% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.6%
5-9 mins 14.4%
10-14 mins 20.1%
15-19 mins 16.1%
20-29 mins 33.7%
30-44 mins 7.6%
45-59 mins 0.7%
>60 mins 1.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 67% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $903 per month.

MY RENT : $903 MEDIAN RENT : $974

Rent % Distribution
$500-699 0.0%
$700-899 32.0%
$900-999 26.1%
$1,000-1,499 39.1%
>=$1,500 2.9%
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 $903 would therefore be considered affordable for annual household incomes greater than $36,120 (12 months x 3.333 x $903).

Rent % Affordability
Above $500 82.6%
Above $700 69.4%
Above $1,100 50.6%
Above $1,500 32.7%
Above $1,900 23.6%
HOUSEHOLD INCOME RANGE

Approximately 867 of households in this neighborhood have a total annual income of $36,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $903 per month.

MINIMUM INCOME RANGE : $36,120

Income % Distribution
<$20K 17.4%
$20K-$35K 21.5%
$35K-$60K 28.3%
$60K-$100K 19.6%
>=$100K 13.1%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 41% has a commute time of 14 minutes or less and 2% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.6%
5-9 mins 14.4%
10-14 mins 20.1%
15-19 mins 16.1%
20-29 mins 33.7%
30-44 mins 7.6%
45-59 mins 0.7%
>60 mins 1.0%

HOOKS Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.5%
Construction 10.3%
Educational Services 6.9%
Health Care & Social Assistance 11.7%
Public Administration 15.9%
Retail & Wholesale Trader 13.9%
Other 32.8%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 31% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 19.8%
15-19 6.8%
20-24 4.4%
25-44 24.7%
45-65 27.3%
66+ 16.9%
OCCUPATION

Occupation % Distribution
Healthcare 7.9%
Management, Business, & Financial 14.0%
Natural Resources Maintenance 16.6%
Production & Transportation 16.4%
Protect 6.8%
Sales & Office 21.7%
Other 16.5%
HIGHEST EDUCATION LEVEL

8% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 4.2%
High School 37.5%
Masters Degree 3.7%
Some College 33.3%
Some High School 13.5%
Other 7.7%

408 Grant St Comps

Sorry, we do not have sufficient data available.

408 Grant St, Hooks, TX 75561 is a single family home of 1,474 sqft. HomeUnion INVESTimate¬ģ for 408 Grant St includes a Price Estimate of $107,565 and a Rent Estimate of $903. This single family home has 0 bedrooms,0 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 10.07% and Total Return of 23.37%. The estimated 1 year forecast in home value for 408 Grant St is 6.47%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , BOWIE County , or the 75561 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 75503