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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

720 E Travis St Laredo, TX 78040

0 Beds 0 Baths 900 sqft Built 0
Last updated:  Jan 16, 2015

INVESTimate

$104,797

$93.9K - $116K

Price Est.

$1,011

937 - $1.1K

Rent Est.

$108,203  ( +3.25%)   1 YR EST. FORECAST
  
  
  

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720 E Travis St PROPERTY INFO

FACTS
  • Built In 0
  • Price/Sqft : $116.44
CONSTRUCTION
  • Beds : 0
  • Floor Size : 900 sqft
  • Baths : 0 Full

720 E Travis St SCHOOLS

Sorry, we do not have sufficient school data for this neighborhood.
 

Financial Details

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Neighborhood

Las Cruces

  • 6,730

    POPULATION
  • 1,972

    HOUSEHOLDS
  • 34.6%

    WHITE COLLAR

Neighborhood : Las Cruces

HOUSEHOLDS
1,972
POPULATION

6,730

57.3%Renters
42.7%Home Owners
LABOR FORCE

 

34.6%White Collar
65.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 38% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,011 per month.

MY RENT : $1,011 MEDIAN RENT : $939

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 44.1%
$900-999 16.9%
$1,000-1,499 33.8%
>=$1,500 5.2%
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 $1,011 would therefore be considered affordable for annual household incomes greater than $40,440 (12 months x 3.333 x $1,011).

Rent % Affordability
Above $500 55.3%
Above $700 40.7%
Above $1,100 24.0%
Above $1,500 13.2%
Above $1,900 8.5%
HOUSEHOLD INCOME RANGE

Approximately 389 of households in this neighborhood have a total annual income of $40,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,011 per month.

MINIMUM INCOME RANGE : $40,440

Income % Distribution
<$20K 44.7%
$20K-$35K 22.1%
$35K-$60K 20.1%
$60K-$100K 8.0%
>=$100K 5.2%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 35% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.8%
5-9 mins 9.6%
10-14 mins 23.2%
15-19 mins 23.2%
20-29 mins 26.9%
30-44 mins 7.8%
45-59 mins 6.8%
>60 mins 0.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 38% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,011 per month.

MY RENT : $1,011 MEDIAN RENT : $939

Rent % Distribution
$500-699 0.0%
$700-899 44.1%
$900-999 16.9%
$1,000-1,499 33.8%
>=$1,500 5.2%
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 $1,011 would therefore be considered affordable for annual household incomes greater than $40,440 (12 months x 3.333 x $1,011).

Rent % Affordability
Above $500 55.3%
Above $700 40.7%
Above $1,100 24.0%
Above $1,500 13.2%
Above $1,900 8.5%
HOUSEHOLD INCOME RANGE

Approximately 389 of households in this neighborhood have a total annual income of $40,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,011 per month.

MINIMUM INCOME RANGE : $40,440

Income % Distribution
<$20K 44.7%
$20K-$35K 22.1%
$35K-$60K 20.1%
$60K-$100K 8.0%
>=$100K 5.2%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 35% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.8%
5-9 mins 9.6%
10-14 mins 23.2%
15-19 mins 23.2%
20-29 mins 26.9%
30-44 mins 7.8%
45-59 mins 6.8%
>60 mins 0.8%

Las Cruces Demographics

INDUSTRY

Industry % Distribution
Administrative Support 8.5%
Arts & Entertainment 8.6%
Construction 8.9%
Educational Services 10.5%
Retail & Wholesale Trader 18.7%
Transportation 11.0%
Other 33.8%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 38% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 24.2%
15-19 8.0%
20-24 5.8%
25-44 28.8%
45-65 20.1%
66+ 13.0%
OCCUPATION

Occupation % Distribution
Clean 8.8%
Management, Business, & Financial 5.3%
Natural Resources Maintenance 19.7%
Production & Transportation 20.4%
Protect 4.8%
Sales & Office 22.7%
Other 18.2%
HIGHEST EDUCATION LEVEL

6% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 4.9%
High School 26.6%
Masters Degree 0.7%
Some College 12.9%
Some High School 49.2%
Other 5.8%

720 E Travis St Comps

Sorry, we do not have sufficient data available.

720 E Travis St, Laredo, TX 78040 is a single family home of 900 sqft. HomeUnion INVESTimate® for 720 E Travis St includes a Price Estimate of $104,797 and a Rent Estimate of $1,011. This single family home has 0 bedrooms,0 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 11.58% and Total Return of 15.44%. The estimated 1 year forecast in home value for 720 E Travis St is 3.25%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX, WEBB County, or the 78040 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2