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7712 Ridgeway Ct PROPERTY INFO
FACTS
- Built In 1996
- Price/Sqft : $164.85
CONSTRUCTION
- Beds : 4
- Floor Size : 2,150 sqft
- Baths : 2 Full
7712 Ridgeway Ct SCHOOLS
Financial Details
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Martin Oaks
Neighborhood : Martin Oaks
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,925 per month.
MY RENT : $1,925 MEDIAN RENT : $2,218
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 $1,925 would therefore be considered affordable for annual household incomes greater than $77,000 (12 months x 3.333 x $1,925).
HOUSEHOLD INCOME RANGE
Approximately 0 of households in this neighborhood have a total annual income of $77,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,925 per month.
MINIMUM INCOME RANGE : $77,000
COMMUTE TIME DISTRIBUTION
100% of the working population has a commute time of 15 to 44 minutes, 0% has a commute time of 14 minutes or less and 0% has a commute time of 45 minutes or longer.
Martin Oaks Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Educational Services | 33.3% |
| Professional & Scientific Tech Services | 0.0% |
| Public Administration | 0.0% |
| Real Estate | 0.0% |
| Retail & Wholesale Trader | 33.3% |
| Transportation | 0.0% |
| Other | 33.3% |
AGE DISTRIBUTION
67% of the population is between the ages of 25 and 64, 22% is 24 or younger and 11% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 11.1% |
| 15-19 | 11.1% |
| 20-24 | 0.0% |
| 25-44 | 22.2% |
| 45-65 | 44.4% |
| 66+ | 11.1% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Management, Business, & Financial | 33.3% |
| PCare | 0.0% |
| Production & Transportation | 0.0% |
| Protect | 0.0% |
| Sales & Office | 66.7% |
| Social | 0.0% |
| Other | 0.0% |
HIGHEST EDUCATION LEVEL
14% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| High School | 28.6% |
| Masters Degree | 14.3% |
| Professional | 0.0% |
| Some College | 28.6% |
| Some High School | 0.0% |
| Other | 28.6% |
7712 Ridgeway Ct Comps
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7712 Ridgeway Ct, N Richland Hills, TX 76182 is a single family home of 2,150 sqft. HomeUnion INVESTimateĀ® for 7712 Ridgeway Ct includes a Price Estimate of $354,420 and a Rent Estimate of $1,925. This single family home has 4 bedrooms,2 bathrooms, and was built in 1996. This property has an estimated 15 year annualized Yield of 6.52% and Total Return of 19.91%. The estimated 1 year forecast in home value for 7712 Ridgeway Ct is 6.97%.
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
