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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

7713 Frankie B St N Richland Hills, TX 76182

3 Beds 1 Baths 864 sqft Built 1956
Last updated:  Oct 23, 2019

INVESTimate

$228,934

$211K - $247K

Price Est.

$1,385

$1.3K - $1.5K

Rent Est.

$244,891  ( +6.97%)   1 YR EST. FORECAST
  
  
  

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7713 Frankie B St PROPERTY INFO

FACTS
  • Built In 1956
  • Price/Sqft : $264.97
CONSTRUCTION
  • Beds : 3
  • Floor Size : 864 sqft
  • Baths : 1 Full

7713 Frankie B St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
SMITHFIELD ELEMENTARY SCHOOL Primary Regular 467 27 8
SMITHFIELD MIDDLE SCHOOL Middle Regular 752 43 9
BIRDVILLE HIGH SCHOOL High Regular 1,905 113 7

SMITHFIELD ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 467
  • # of teachers: 27
8
GreatSchools Rating

SMITHFIELD MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 752
  • # of teachers: 43
9
GreatSchools Rating

BIRDVILLE HIGH SCHOOL

  • Education Level: High
  • # of students: 1,905
  • # of teachers: 113
7
GreatSchools Rating
 

Financial Details

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Neighborhood

Hewitt Estates

  • 199

    POPULATION
  • 76

    HOUSEHOLDS
  • 74.3%

    WHITE COLLAR

Neighborhood : Hewitt Estates

HOUSEHOLDS
76
POPULATION

199

6.4%Renters
93.6%Home Owners
LABOR FORCE

 

74.3%White Collar
25.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 79% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,385 per month.

MY RENT : $1,385 MEDIAN RENT : $1,754

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 27.1%
>=$1,500 72.9%
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 $1,385 would therefore be considered affordable for annual household incomes greater than $55,400 (12 months x 3.333 x $1,385).

Rent % Affordability
Above $500 97.4%
Above $700 94.1%
Above $1,100 81.3%
Above $1,500 70.5%
Above $1,900 61.0%
HOUSEHOLD INCOME RANGE

Approximately 56 of households in this neighborhood have a total annual income of $55,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,385 per month.

MINIMUM INCOME RANGE : $55,400

Income % Distribution
<$20K 2.6%
$20K-$35K 6.4%
$35K-$60K 20.5%
$60K-$100K 23.1%
>=$100K 47.4%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.7%
5-9 mins 9.1%
10-14 mins 18.2%
15-19 mins 13.2%
20-29 mins 25.6%
30-44 mins 19.8%
45-59 mins 4.1%
>60 mins 8.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 79% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,385 per month.

MY RENT : $1,385 MEDIAN RENT : $1,754

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 27.1%
>=$1,500 72.9%
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 $1,385 would therefore be considered affordable for annual household incomes greater than $55,400 (12 months x 3.333 x $1,385).

Rent % Affordability
Above $500 97.4%
Above $700 94.1%
Above $1,100 81.3%
Above $1,500 70.5%
Above $1,900 61.0%
HOUSEHOLD INCOME RANGE

Approximately 56 of households in this neighborhood have a total annual income of $55,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,385 per month.

MINIMUM INCOME RANGE : $55,400

Income % Distribution
<$20K 2.6%
$20K-$35K 6.4%
$35K-$60K 20.5%
$60K-$100K 23.1%
>=$100K 47.4%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.7%
5-9 mins 9.1%
10-14 mins 18.2%
15-19 mins 13.2%
20-29 mins 25.6%
30-44 mins 19.8%
45-59 mins 4.1%
>60 mins 8.3%

Hewitt Estates Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.4%
Construction 10.7%
Manufacturing 9.9%
Professional & Scientific Tech Services 13.2%
Public Administration 6.6%
Retail & Wholesale Trader 13.2%
Other 38.8%
AGE DISTRIBUTION

59% of the population is between the ages of 25 and 64, 26% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 13.6%
15-19 8.0%
20-24 4.0%
25-44 14.1%
45-65 44.7%
66+ 15.6%
OCCUPATION

Occupation % Distribution
Computer Engineering 8.1%
Construction 4.7%
Management, Business, & Financial 27.9%
Natural Resources Maintenance 8.1%
Production & Transportation 10.5%
Sales & Office 32.6%
Other 8.1%
HIGHEST EDUCATION LEVEL

17% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.4%
High School 26.4%
Masters Degree 8.1%
Some College 32.4%
Some High School 4.1%
Other 21.6%

7713 Frankie B St Comps

Sorry, we do not have sufficient data available.

7713 Frankie B St, N Richland Hills, TX 76182 is a single family home of 864 sqft. HomeUnion INVESTimateĀ® for 7713 Frankie B St includes a Price Estimate of $228,934 and a Rent Estimate of $1,385. This single family home has 3 bedrooms,1 bathrooms, and was built in 1956. This property has an estimated 15 year annualized Yield of 7.26% and Total Return of 23.76%. The estimated 1 year forecast in home value for 7713 Frankie B St 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

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