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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

703 Fm Road 2451 Rosser, TX 75157

0 Beds 0 Baths 1,736 sqft Built 1994
Last updated:  Oct 23, 2019

INVESTimate

$236,126

$215K - $257K

Price Est.

$1,360

$1.3K - $1.4K

Rent Est.

$255,134  ( +8.05%)   1 YR EST. FORECAST
  
  
  

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703 Fm Road 2451 PROPERTY INFO

FACTS
  • Built In 1994
  • Price/Sqft : $136.02
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,736 sqft
  • Baths : 0 Full

703 Fm Road 2451 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
SCURRY-ROSSER ELEMENTARY SCHOOL Primary Regular 356 21 8
SCURRY-ROSSER HIGH SCHOOL High Regular 262 22 6

SCURRY-ROSSER ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 356
  • # of teachers: 21
8
GreatSchools Rating

SCURRY-ROSSER HIGH SCHOOL

  • Education Level: High
  • # of students: 262
  • # of teachers: 22
6
GreatSchools Rating
 

Financial Details

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Neighborhood

ROSSER

  • 274

    POPULATION
  • 98

    HOUSEHOLDS
  • 68.0%

    WHITE COLLAR

Neighborhood : ROSSER

HOUSEHOLDS
98
POPULATION

274

6.5%Renters
93.5%Home Owners
LABOR FORCE

 

68.0%White Collar
32.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 33% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,360 per month.

MY RENT : $1,360 MEDIAN RENT : $1,323

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 93.3%
>=$1,500 6.7%
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 $1,360 would therefore be considered affordable for annual household incomes greater than $54,400 (12 months x 3.333 x $1,360).

Rent % Affordability
Above $500 85.0%
Above $700 83.0%
Above $1,100 78.0%
Above $1,500 68.0%
Above $1,900 55.0%
HOUSEHOLD INCOME RANGE

Approximately 69 of households in this neighborhood have a total annual income of $54,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,360 per month.

MINIMUM INCOME RANGE : $54,400

Income % Distribution
<$20K 15.0%
$20K-$35K 4.0%
$35K-$60K 13.0%
$60K-$100K 37.0%
>=$100K 31.0%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 9% has a commute time of 14 minutes or less and 36% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.2%
5-9 mins 3.7%
10-14 mins 2.9%
15-19 mins 6.6%
20-29 mins 8.1%
30-44 mins 40.4%
45-59 mins 13.2%
>60 mins 22.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 33% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,360 per month.

MY RENT : $1,360 MEDIAN RENT : $1,323

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 93.3%
>=$1,500 6.7%
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 $1,360 would therefore be considered affordable for annual household incomes greater than $54,400 (12 months x 3.333 x $1,360).

Rent % Affordability
Above $500 85.0%
Above $700 83.0%
Above $1,100 78.0%
Above $1,500 68.0%
Above $1,900 55.0%
HOUSEHOLD INCOME RANGE

Approximately 69 of households in this neighborhood have a total annual income of $54,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,360 per month.

MINIMUM INCOME RANGE : $54,400

Income % Distribution
<$20K 15.0%
$20K-$35K 4.0%
$35K-$60K 13.0%
$60K-$100K 37.0%
>=$100K 31.0%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 9% has a commute time of 14 minutes or less and 36% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.2%
5-9 mins 3.7%
10-14 mins 2.9%
15-19 mins 6.6%
20-29 mins 8.1%
30-44 mins 40.4%
45-59 mins 13.2%
>60 mins 22.8%

ROSSER Demographics

INDUSTRY

Industry % Distribution
Educational Services 14.7%
Financial Industries 7.4%
Health Care & Social Assistance 16.9%
Manufacturing 19.9%
Public Administration 9.6%
Retail & Wholesale Trader 8.8%
Other 22.8%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 38% is 24 or younger and 10% is 65 or older.

Age % Distribution
<15 18.6%
15-19 12.4%
20-24 6.6%
25-44 20.4%
45-65 32.1%
66+ 9.9%
OCCUPATION

Occupation % Distribution
Computer Engineering 7.6%
Construction 10.9%
Management, Business, & Financial 27.2%
Production & Transportation 14.1%
Protect 7.6%
Sales & Office 17.4%
Other 15.2%
HIGHEST EDUCATION LEVEL

10% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 5.1%
High School 32.8%
Masters Degree 3.4%
Some College 29.9%
Some High School 13.6%
Other 15.3%

703 Fm Road 2451 Comps

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703 Fm Road 2451, Rosser, TX 75157 is a single family home of 1,736 sqft. HomeUnion INVESTimateĀ® for 703 Fm Road 2451 includes a Price Estimate of $236,126 and a Rent Estimate of $1,360. This single family home has 0 bedrooms,0 bathrooms, and was built in 1994. This property has an estimated 15 year annualized Yield of 6.91% and Total Return of 27.10%. The estimated 1 year forecast in home value for 703 Fm Road 2451 is 8.05%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , KAUFMAN County , or the 75157 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 75142
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