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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

502 Lydia Ln Thrall, TX 76578

0 Beds 2 Baths 1,424 sqft Built 2002
Last updated:  Jan 23, 2020

INVESTimate

$191,543

$175K - $208K

Price Est.

$1,312

$1.2K - $1.4K

Rent Est.

$208,092  ( +8.64%)   1 YR EST. FORECAST
  
  
  

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502 Lydia Ln PROPERTY INFO

FACTS
  • Built In 2002
  • Price/Sqft : $134.51
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,424 sqft
  • Baths : 2 Full

502 Lydia Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
THRALL ELEMENTARY SCHOOL Primary Regular 288 16 5
THRALL MIDDLE SCHOOL Middle Regular 167 11 6
THRALL HIGH SCHOOL High Regular 176 15 5

THRALL ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 288
  • # of teachers: 16
5
GreatSchools Rating

THRALL MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 167
  • # of teachers: 11
6
GreatSchools Rating

THRALL HIGH SCHOOL

  • Education Level: High
  • # of students: 176
  • # of teachers: 15
5
GreatSchools Rating
 

Financial Details

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Neighborhood

THRALL

  • 1,495

    POPULATION
  • 480

    HOUSEHOLDS
  • 59.1%

    WHITE COLLAR

Neighborhood : THRALL

HOUSEHOLDS
480
POPULATION

1,495

17.1%Renters
82.9%Home Owners
LABOR FORCE

 

59.1%White Collar
40.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 34% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,312 per month.

MY RENT : $1,312 MEDIAN RENT : $1,178

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 6.2%
$900-999 16.4%
$1,000-1,499 69.3%
>=$1,500 8.1%
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 $1,312 would therefore be considered affordable for annual household incomes greater than $52,480 (12 months x 3.333 x $1,312).

Rent % Affordability
Above $500 82.4%
Above $700 75.4%
Above $1,100 63.0%
Above $1,500 55.5%
Above $1,900 41.0%
HOUSEHOLD INCOME RANGE

Approximately 274 of households in this neighborhood have a total annual income of $52,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,312 per month.

MINIMUM INCOME RANGE : $52,480

Income % Distribution
<$20K 17.6%
$20K-$35K 10.5%
$35K-$60K 16.4%
$60K-$100K 29.0%
>=$100K 26.5%
COMMUTE TIME DISTRIBUTION

39% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 33% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.1%
5-9 mins 13.7%
10-14 mins 13.4%
15-19 mins 8.6%
20-29 mins 13.1%
30-44 mins 17.7%
45-59 mins 18.5%
>60 mins 14.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 34% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,312 per month.

MY RENT : $1,312 MEDIAN RENT : $1,178

Rent % Distribution
$500-699 0.0%
$700-899 6.2%
$900-999 16.4%
$1,000-1,499 69.3%
>=$1,500 8.1%
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 $1,312 would therefore be considered affordable for annual household incomes greater than $52,480 (12 months x 3.333 x $1,312).

Rent % Affordability
Above $500 82.4%
Above $700 75.4%
Above $1,100 63.0%
Above $1,500 55.5%
Above $1,900 41.0%
HOUSEHOLD INCOME RANGE

Approximately 274 of households in this neighborhood have a total annual income of $52,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,312 per month.

MINIMUM INCOME RANGE : $52,480

Income % Distribution
<$20K 17.6%
$20K-$35K 10.5%
$35K-$60K 16.4%
$60K-$100K 29.0%
>=$100K 26.5%
COMMUTE TIME DISTRIBUTION

39% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 33% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.1%
5-9 mins 13.7%
10-14 mins 13.4%
15-19 mins 8.6%
20-29 mins 13.1%
30-44 mins 17.7%
45-59 mins 18.5%
>60 mins 14.8%

THRALL Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.7%
Construction 12.2%
Educational Services 7.9%
Health Care & Social Assistance 9.9%
Manufacturing 15.9%
Retail & Wholesale Trader 8.6%
Other 36.8%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 33% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 20.1%
15-19 5.8%
20-24 6.6%
25-44 26.2%
45-65 27.8%
66+ 13.4%
OCCUPATION

Occupation % Distribution
Computer Engineering 9.9%
Construction 5.7%
Management, Business, & Financial 15.4%
Natural Resources Maintenance 13.3%
Production & Transportation 15.6%
Sales & Office 22.1%
Other 17.9%
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 5.4%
High School 36.1%
Masters Degree 2.7%
Some College 29.7%
Some High School 13.5%
Other 12.7%

502 Lydia Ln Comps

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502 Lydia Ln, Thrall, TX 76578 is a single family home of 1,424 sqft. HomeUnion INVESTimateĀ® for 502 Lydia Ln includes a Price Estimate of $191,543 and a Rent Estimate of $1,312. This single family home has 0 bedrooms,2 bathrooms, and was built in 2002. This property has an estimated 15 year annualized Yield of 8.22% and Total Return of 28.09%. The estimated 1 year forecast in home value for 502 Lydia Ln is 8.64%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , WILLIAMSON County , or the 76578 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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  1. 76574