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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

6381 County Road 2346 Pickton, TX 75471

0 Beds 0 Baths 1,803 sqft Built 1980
Last updated:  Dec 26, 2019

INVESTimate

$200,183

$176K - $224K

Price Est.

$1,238

$1.1K - $1.4K

Rent Est.

$210,192  ( +5%)   1 YR EST. FORECAST
  
  
  

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6381 County Road 2346 PROPERTY INFO

FACTS
  • Built In 1980
  • Price/Sqft : $111.03
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,803 sqft
  • Baths : 0 Full

6381 County Road 2346 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
COMO-PICKTON CONSOLIDATED INDEPENDENT SCHOOL Primary Regular 772 59 4
COMO-PICKTON CONSOLIDATED INDEPENDENT SCHOOL Middle Regular 772 59 4
COMO-PICKTON CONSOLIDATED INDEPENDENT SCHOOL High Regular 772 59 4

COMO-PICKTON CONSOLIDATED INDEPENDENT SCHOOL

  • Education Level: Primary
  • # of students: 772
  • # of teachers: 59
4
GreatSchools Rating

COMO-PICKTON CONSOLIDATED INDEPENDENT SCHOOL

  • Education Level: Middle
  • # of students: 772
  • # of teachers: 59
4
GreatSchools Rating

COMO-PICKTON CONSOLIDATED INDEPENDENT SCHOOL

  • Education Level: High
  • # of students: 772
  • # of teachers: 59
4
GreatSchools Rating
 

Financial Details

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Neighborhood

PICKTON

  • 1,247

    POPULATION
  • 437

    HOUSEHOLDS
  • 39.0%

    WHITE COLLAR

Neighborhood : PICKTON

HOUSEHOLDS
437
POPULATION

1,247

22.2%Renters
77.8%Home Owners
LABOR FORCE

 

39.0%White Collar
61.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 46% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,238 per month.

MY RENT : $1,238 MEDIAN RENT : $1,144

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 7.6%
$900-999 14.3%
$1,000-1,499 66.9%
>=$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 $1,238 would therefore be considered affordable for annual household incomes greater than $49,520 (12 months x 3.333 x $1,238).

Rent % Affordability
Above $500 76.6%
Above $700 71.0%
Above $1,100 53.2%
Above $1,500 42.7%
Above $1,900 31.8%
HOUSEHOLD INCOME RANGE

Approximately 205 of households in this neighborhood have a total annual income of $49,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,238 per month.

MINIMUM INCOME RANGE : $49,520

Income % Distribution
<$20K 23.4%
$20K-$35K 9.6%
$35K-$60K 24.3%
$60K-$100K 23.4%
>=$100K 19.3%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.4%
5-9 mins 6.5%
10-14 mins 6.0%
15-19 mins 15.5%
20-29 mins 23.7%
30-44 mins 18.8%
45-59 mins 8.6%
>60 mins 12.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 46% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,238 per month.

MY RENT : $1,238 MEDIAN RENT : $1,144

Rent % Distribution
$500-699 0.0%
$700-899 7.6%
$900-999 14.3%
$1,000-1,499 66.9%
>=$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 $1,238 would therefore be considered affordable for annual household incomes greater than $49,520 (12 months x 3.333 x $1,238).

Rent % Affordability
Above $500 76.6%
Above $700 71.0%
Above $1,100 53.2%
Above $1,500 42.7%
Above $1,900 31.8%
HOUSEHOLD INCOME RANGE

Approximately 205 of households in this neighborhood have a total annual income of $49,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,238 per month.

MINIMUM INCOME RANGE : $49,520

Income % Distribution
<$20K 23.4%
$20K-$35K 9.6%
$35K-$60K 24.3%
$60K-$100K 23.4%
>=$100K 19.3%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.4%
5-9 mins 6.5%
10-14 mins 6.0%
15-19 mins 15.5%
20-29 mins 23.7%
30-44 mins 18.8%
45-59 mins 8.6%
>60 mins 12.5%

PICKTON Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 12.9%
Construction 8.7%
Health Care & Social Assistance 9.9%
Manufacturing 12.1%
Retail & Wholesale Trader 22.7%
Transportation 9.1%
Other 24.7%
AGE DISTRIBUTION

47% of the population is between the ages of 25 and 64, 33% is 24 or younger and 20% is 65 or older.

Age % Distribution
<15 22.2%
15-19 6.1%
20-24 4.9%
25-44 18.7%
45-65 27.8%
66+ 20.3%
OCCUPATION

Occupation % Distribution
Healthcare 11.1%
Management, Business, & Financial 11.3%
Natural Resources Maintenance 21.6%
Production & Transportation 26.3%
Protect 5.4%
Sales & Office 18.3%
Other 5.9%
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 6.5%
High School 40.8%
Masters Degree 1.6%
Some College 23.7%
Some High School 18.5%
Other 8.9%

6381 County Road 2346 Comps

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6381 County Road 2346, Pickton, TX 75471 is a single family home of 1,803 sqft. HomeUnion INVESTimateĀ® for 6381 County Road 2346 includes a Price Estimate of $200,183 and a Rent Estimate of $1,238. This single family home has 0 bedrooms,0 bathrooms, and was built in 1980. This property has an estimated 15 year annualized Yield of 7.42% and Total Return of 18.54%. The estimated 1 year forecast in home value for 6381 County Road 2346 is 5%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , HOPKINS County , or the 75471 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 75431