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6728 Fair Oaks Dr PROPERTY INFO
FACTS
- Built In 1985
- Price/Sqft : $180.51
CONSTRUCTION
- Beds : 3
- Floor Size : 1,581 sqft
- Baths : 2 Full
6728 Fair Oaks Dr SCHOOLS
Financial Details
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Foster Village
Neighborhood : Foster Village
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 64% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,597 per month.
MY RENT : $1,597 MEDIAN RENT : $1,553
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 $1,597 would therefore be considered affordable for annual household incomes greater than $63,880 (12 months x 3.333 x $1,597).
HOUSEHOLD INCOME RANGE
Approximately 1,121 of households in this neighborhood have a total annual income of $63,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,597 per month.
MINIMUM INCOME RANGE : $63,880
COMMUTE TIME DISTRIBUTION
68% of the working population has a commute time of 15 to 44 minutes, 9% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.
Foster Village Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 8.0% |
| Educational Services | 7.1% |
| Health Care & Social Assistance | 11.6% |
| Manufacturing | 9.5% |
| Retail & Wholesale Trader | 15.5% |
| Transportation | 10.2% |
| Other | 38.0% |
AGE DISTRIBUTION
57% of the population is between the ages of 25 and 64, 35% is 24 or younger and 8% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 21.4% |
| 15-19 | 8.9% |
| 20-24 | 4.3% |
| 25-44 | 29.5% |
| 45-65 | 27.7% |
| 66+ | 8.2% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 5.7% |
| Healthcare | 7.4% |
| Management, Business, & Financial | 22.8% |
| Natural Resources Maintenance | 10.1% |
| Production & Transportation | 9.4% |
| Sales & Office | 26.9% |
| Other | 17.8% |
HIGHEST EDUCATION LEVEL
18% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 10.3% |
| High School | 23.3% |
| Masters Degree | 6.0% |
| Some College | 31.4% |
| Some High School | 9.8% |
| Other | 19.2% |
6728 Fair Oaks Dr Comps
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6728 Fair Oaks Dr, N Richland Hills, TX 76182 is a single family home of 1,581 sqft. HomeUnion INVESTimateĀ® for 6728 Fair Oaks Dr includes a Price Estimate of $285,384 and a Rent Estimate of $1,597. This single family home has 3 bedrooms,2 bathrooms, and was built in 1985. This property has an estimated 15 year annualized Yield of 6.72% and Total Return of 27.94%. The estimated 1 year forecast in home value for 6728 Fair Oaks Dr is 10.76%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , TARRANT County , or the 76182 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
