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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

7312 Boutwell Dr Temple, TX 76502

0 Beds 3 Baths 3,154 sqft Built 1972
Last updated:  Jan 23, 2020

INVESTimate

$383,461

$357K - $410K

Price Est.

$1,883

$1.8K - $2.0K

Rent Est.

$394,236  ( +2.81%)   1 YR EST. FORECAST
  
  
  

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7312 Boutwell Dr PROPERTY INFO

FACTS
  • Built In 1972
  • Price/Sqft : $121.58
CONSTRUCTION
  • Beds : 0
  • Floor Size : 3,154 sqft
  • Baths : 3 Full

7312 Boutwell Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
SOUTHWEST ELEMENTARY SCHOOL Primary Regular 517 33 3
LAKE BELTON MIDDLE SCHOOL Middle Regular 744 52 8
BELTON HIGH SCHOOL High Regular 2,410 163 6

SOUTHWEST ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 517
  • # of teachers: 33
3
GreatSchools Rating

LAKE BELTON MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 744
  • # of teachers: 52
8
GreatSchools Rating

BELTON HIGH SCHOOL

  • Education Level: High
  • # of students: 2,410
  • # of teachers: 163
6
GreatSchools Rating
 

Financial Details

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Neighborhood

TEMPLE

  • 37,461

    POPULATION
  • 13,999

    HOUSEHOLDS
  • 67.5%

    WHITE COLLAR

Neighborhood : TEMPLE

HOUSEHOLDS
13,999
POPULATION

37,461

33.9%Renters
66.1%Home Owners
LABOR FORCE

 

67.5%White Collar
32.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 32% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,883 per month.

MY RENT : $1,883 MEDIAN RENT : $1,334

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.1%
$1,000-1,499 67.5%
>=$1,500 32.3%
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 $1,883 would therefore be considered affordable for annual household incomes greater than $75,320 (12 months x 3.333 x $1,883).

Rent % Affordability
Above $500 87.5%
Above $700 81.8%
Above $1,100 68.6%
Above $1,500 52.7%
Above $1,900 38.9%
HOUSEHOLD INCOME RANGE

Approximately 4,363 of households in this neighborhood have a total annual income of $75,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,883 per month.

MINIMUM INCOME RANGE : $75,320

Income % Distribution
<$20K 12.5%
$20K-$35K 10.0%
$35K-$60K 24.8%
$60K-$100K 28.6%
>=$100K 24.1%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 44% 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 3.3%
5-9 mins 15.6%
10-14 mins 25.2%
15-19 mins 20.9%
20-29 mins 15.5%
30-44 mins 11.1%
45-59 mins 3.7%
>60 mins 4.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 32% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,883 per month.

MY RENT : $1,883 MEDIAN RENT : $1,334

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.1%
$1,000-1,499 67.5%
>=$1,500 32.3%
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 $1,883 would therefore be considered affordable for annual household incomes greater than $75,320 (12 months x 3.333 x $1,883).

Rent % Affordability
Above $500 87.5%
Above $700 81.8%
Above $1,100 68.6%
Above $1,500 52.7%
Above $1,900 38.9%
HOUSEHOLD INCOME RANGE

Approximately 4,363 of households in this neighborhood have a total annual income of $75,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,883 per month.

MINIMUM INCOME RANGE : $75,320

Income % Distribution
<$20K 12.5%
$20K-$35K 10.0%
$35K-$60K 24.8%
$60K-$100K 28.6%
>=$100K 24.1%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 44% 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 3.3%
5-9 mins 15.6%
10-14 mins 25.2%
15-19 mins 20.9%
20-29 mins 15.5%
30-44 mins 11.1%
45-59 mins 3.7%
>60 mins 4.7%

TEMPLE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 6.3%
Construction 5.7%
Educational Services 9.6%
Health Care & Social Assistance 28.1%
Manufacturing 7.8%
Retail & Wholesale Trader 14.6%
Other 27.9%
AGE DISTRIBUTION

50% of the population is between the ages of 25 and 64, 34% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 23.0%
15-19 4.8%
20-24 5.9%
25-44 27.7%
45-65 22.4%
66+ 16.2%
OCCUPATION

Occupation % Distribution
Construction 6.3%
Healthcare 18.5%
Management, Business, & Financial 14.3%
Natural Resources Maintenance 6.8%
Production & Transportation 12.6%
Sales & Office 21.0%
Other 20.5%
HIGHEST EDUCATION LEVEL

24% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.7%
High School 26.2%
Masters Degree 7.4%
Some College 23.6%
Some High School 5.1%
Other 27.0%

7312 Boutwell Dr Comps

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7312 Boutwell Dr, Temple, TX 76502 is a single family home of 3,154 sqft. HomeUnion INVESTimateĀ® for 7312 Boutwell Dr includes a Price Estimate of $383,461 and a Rent Estimate of $1,883. This single family home has 0 bedrooms,3 bathrooms, and was built in 1972. This property has an estimated 15 year annualized Yield of 5.89% and Total Return of 6.98%. The estimated 1 year forecast in home value for 7312 Boutwell Dr is 2.81%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , BELL County , or the 76502 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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