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7300 Timberidge Dr PROPERTY INFO
FACTS
- Built In 1978
- Price/Sqft : $153.52
CONSTRUCTION
- Beds : 3
- Floor Size : 1,572 sqft
- Baths : 2 Full
7300 Timberidge Dr SCHOOLS
Financial Details
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Crestwood Estates
Neighborhood : Crestwood Estates
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 96% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,561 per month.
MY RENT : $1,561 MEDIAN RENT : $1,609
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 $1,561 would therefore be considered affordable for annual household incomes greater than $62,440 (12 months x 3.333 x $1,561).
HOUSEHOLD INCOME RANGE
Approximately 73 of households in this neighborhood have a total annual income of $62,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,561 per month.
MINIMUM INCOME RANGE : $62,440
COMMUTE TIME DISTRIBUTION
69% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.
Crestwood Estates Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Educational Services | 13.0% |
Health Care & Social Assistance | 8.4% |
Manufacturing | 10.7% |
Professional & Scientific Tech Services | 12.6% |
Retail & Wholesale Trader | 16.7% |
Transportation | 8.8% |
Other | 29.8% |
AGE DISTRIBUTION
51% of the population is between the ages of 25 and 64, 29% is 24 or younger and 20% is 65 or older.
Age | % Distribution |
---|---|
<15 | 15.0% |
15-19 | 8.1% |
20-24 | 5.9% |
25-44 | 16.9% |
45-65 | 34.2% |
66+ | 20.0% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 8.8% |
Construction | 5.1% |
Management, Business, & Financial | 35.8% |
Natural Resources Maintenance | 8.8% |
Production & Transportation | 10.2% |
Sales & Office | 22.6% |
Other | 8.8% |
HIGHEST EDUCATION LEVEL
23% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 12.0% |
High School | 28.9% |
Masters Degree | 10.1% |
Some College | 22.1% |
Some High School | 2.6% |
Other | 24.4% |
7300 Timberidge Dr Comps
7300 Timberidge Dr, Fort Worth, TX 76182 is a single family home of 1,572 sqft. HomeUnion INVESTimateĀ® for 7300 Timberidge Dr includes a Price Estimate of $241,328 and a Rent Estimate of $1,561. This single family home has 3 bedrooms,2 bathrooms, and was built in 1978. This property has an estimated 15 year annualized Yield of 7.76% and Total Return of 22.63%. The estimated 1 year forecast in home value for 7300 Timberidge Dr is 6.97%.
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