Sell Your Property

Easily Access a network of motivated buyers
This page contains information about each property aggregated from public data sources, 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.

...MORE

This page contains information about each property aggregated from public data sources, 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.

5426 Magnolia Dr Eustace, TX 75124

0 Beds 0 Baths 1,708 sqft Built 2000
Last updated:  Oct 23, 2019

INVESTimate

$416,273

$362K - $470K

Price Est.

$2,065

$1.7K - $2.5K

Rent Est.

$442,040  ( +6.19%)   1 YR EST. FORECAST

5426 Magnolia Dr PROPERTY INFO

FACTS
  • Built In 2000
  • Price/Sqft : $243.72
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,708 sqft
  • Baths : 0 Full
PROPERTY DESCRIPTION
5426 Magnolia Dr, Eustace, TX 75124 is a single family home of 1,708 sqft. HomeUnion estimate for 5426 Magnolia Dr includes a Price Estimate of $416,273 and a Rent Estimate of $2,065. This single family home has 0 bedrooms, 0 bathrooms, and was built in 2000. This property has an estimated 15 year annualized Yield of 5.95% and Total Return of 17.43%. The estimated 1 year forecast in home value for 5426 Magnolia Dr is 6.19%.
  
  
  

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

  • 1147 W ROSEWOOD AVE San Antonio, TX
    • 2 beds 2 baths ∙ 1,006 Sqft ∙ Built 1920 ∙ 2units 2 beds 2 baths ∙ 1,006 Sqft ∙ Built 1920 ∙ 2units
    AVAILABLE
    • 12.70% GROSS YIELD
    • $11,492 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $189,023
    • $61,591
    • $2,000
  • 2032 GLENRIDGE DRIVE Indianapolis, IN
    • 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units
    AVAILABLE
    • 12.40% GROSS YIELD
    • $5,248 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $90,000
    • $29,600
    • $930
  • 8610 CRYSTAL COVE CIRCLE Houston, TX
    • 3 beds 2 baths ∙ 1,176 Sqft ∙ Built 1981 ∙ 1units 3 beds 2 baths ∙ 1,176 Sqft ∙ Built 1981 ∙ 1units
    AVAILABLE
    • 12.03% GROSS YIELD
    • $6,018 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $134,700
    • $41,446
    • $1,350
  • 809 California STREET Tallahassee, FL
    • 8 beds 8 baths ∙ 3,840 Sqft ∙ Built 1978 ∙ 4units 8 beds 8 baths ∙ 3,840 Sqft ∙ Built 1978 ∙ 4units
    AVAILABLE
    • 11.70% GROSS YIELD
    • $19,240 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $299,900
    • $90,974
    • $2,925

5426 Magnolia Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
EUSTACE INTERMEDIATE SCHOOL Primary Regular 316 22 9
EUSTACE MIDDLE SCHOOL Middle Regular 356 22 5
EUSTACE HIGH SCHOOL High Regular 380 37 5

EUSTACE INTERMEDIATE SCHOOL

  • Education Level: Primary
  • # of students: 316
  • # of teachers: 22
9
GreatSchools Rating

EUSTACE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 356
  • # of teachers: 22
5
GreatSchools Rating

EUSTACE HIGH SCHOOL

  • Education Level: High
  • # of students: 380
  • # of teachers: 37
5
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

EUSTACE

  • 4,472

    POPULATION
  • 1,720

    HOUSEHOLDS
  • 52.9%

    WHITE COLLAR

Neighborhood : EUSTACE

HOUSEHOLDS
1,720
POPULATION

4,472

21.2%Renters
78.8%Home Owners
LABOR FORCE

 

52.9%White Collar
47.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 25% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,065 per month.

MY RENT : $2,065 MEDIAN RENT : $1,351

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.2%
$1,000-1,499 74.9%
>=$1,500 24.9%
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 $2,065 would therefore be considered affordable for annual household incomes greater than $82,600 (12 months x 3.333 x $2,065).

Rent % Affordability
Above $500 84.2%
Above $700 74.3%
Above $1,100 58.3%
Above $1,500 44.4%
Above $1,900 34.1%
HOUSEHOLD INCOME RANGE

Approximately 453 of households in this neighborhood have a total annual income of $82,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,065 per month.

MINIMUM INCOME RANGE : $82,600

Income % Distribution
<$20K 15.8%
$20K-$35K 17.6%
$35K-$60K 22.3%
$60K-$100K 21.7%
>=$100K 22.6%
COMMUTE TIME DISTRIBUTION

42% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 37% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.5%
5-9 mins 8.6%
10-14 mins 10.0%
15-19 mins 10.5%
20-29 mins 16.2%
30-44 mins 14.9%
45-59 mins 9.0%
>60 mins 28.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 25% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,065 per month.

MY RENT : $2,065 MEDIAN RENT : $1,351

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.2%
$1,000-1,499 74.9%
>=$1,500 24.9%
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 $2,065 would therefore be considered affordable for annual household incomes greater than $82,600 (12 months x 3.333 x $2,065).

Rent % Affordability
Above $500 84.2%
Above $700 74.3%
Above $1,100 58.3%
Above $1,500 44.4%
Above $1,900 34.1%
HOUSEHOLD INCOME RANGE

Approximately 453 of households in this neighborhood have a total annual income of $82,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,065 per month.

MINIMUM INCOME RANGE : $82,600

Income % Distribution
<$20K 15.8%
$20K-$35K 17.6%
$35K-$60K 22.3%
$60K-$100K 21.7%
>=$100K 22.6%
COMMUTE TIME DISTRIBUTION

42% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 37% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.5%
5-9 mins 8.6%
10-14 mins 10.0%
15-19 mins 10.5%
20-29 mins 16.2%
30-44 mins 14.9%
45-59 mins 9.0%
>60 mins 28.5%

EUSTACE Demographics

INDUSTRY

Industry % Distribution
Construction 9.1%
Educational Services 10.6%
Health Care & Social Assistance 10.9%
Manufacturing 10.7%
Public Administration 8.8%
Retail & Wholesale Trader 14.4%
Other 35.5%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 27% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 14.4%
15-19 6.4%
20-24 6.0%
25-44 21.7%
45-65 29.7%
66+ 21.8%
OCCUPATION

Occupation % Distribution
Construction 6.7%
Healthcare 7.0%
Management, Business, & Financial 12.5%
Natural Resources Maintenance 20.7%
Production & Transportation 11.9%
Sales & Office 20.2%
Other 21.0%
HIGHEST EDUCATION LEVEL

19% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 13.1%
High School 35.2%
Masters Degree 5.4%
Some College 22.9%
Some High School 13.2%
Other 10.2%

5426 Magnolia Dr Comps

Sorry, we do not have sufficient data available.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , HENDERSON County , or the 75124 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 75148