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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

7812 Harvest Hill Rd N Richland Hills, TX 76182

3 Beds 2 Baths 2,110 sqft Built 2005
Last updated:  Jan 23, 2020

INVESTimate

$309,673

$285K - $334K

Price Est.

$2,187

$2.0K - $2.4K

Rent Est.

$331,257  ( +6.97%)   1 YR EST. FORECAST
  
  
  

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7812 Harvest Hill Rd PROPERTY INFO

FACTS
  • Built In 2005
  • Price/Sqft : $146.76
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,110 sqft
  • Baths : 2 Full

7812 Harvest Hill Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
GREEN VALLEY ELEMENTARY SCHOOL Primary Regular 503 29 10
NORTH RIDGE MIDDLE SCHOOL Middle Regular 814 48 9
NORTH RIDGE MIDDLE SCHOOL High Regular 814 48 9

GREEN VALLEY ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 503
  • # of teachers: 29
10
GreatSchools Rating

NORTH RIDGE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 814
  • # of teachers: 48
9
GreatSchools Rating

NORTH RIDGE MIDDLE SCHOOL

  • Education Level: High
  • # of students: 814
  • # of teachers: 48
9
GreatSchools Rating
 

Financial Details

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Neighborhood

Ember Oaks

  • 427

    POPULATION
  • 166

    HOUSEHOLDS
  • 85.3%

    WHITE COLLAR

Neighborhood : Ember Oaks

HOUSEHOLDS
166
POPULATION

427

27.3%Renters
72.7%Home Owners
LABOR FORCE

 

85.3%White Collar
14.7%Blue Collar
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 $2,187 per month.

MY RENT : $2,187 MEDIAN RENT : $2,238

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $2,187 would therefore be considered affordable for annual household incomes greater than $87,480 (12 months x 3.333 x $2,187).

Rent % Affordability
Above $500 91.1%
Above $700 86.4%
Above $1,100 76.3%
Above $1,500 67.5%
Above $1,900 59.3%
HOUSEHOLD INCOME RANGE

Approximately 85 of households in this neighborhood have a total annual income of $87,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,187 per month.

MINIMUM INCOME RANGE : $87,480

Income % Distribution
<$20K 8.9%
$20K-$35K 7.1%
$35K-$60K 16.6%
$60K-$100K 19.5%
>=$100K 47.9%
COMMUTE TIME DISTRIBUTION

69% of the working population has a commute time of 15 to 44 minutes, 14% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 5.1%
10-14 mins 8.7%
15-19 mins 9.2%
20-29 mins 27.2%
30-44 mins 32.8%
45-59 mins 8.7%
>60 mins 8.2%
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 $2,187 per month.

MY RENT : $2,187 MEDIAN RENT : $2,238

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $2,187 would therefore be considered affordable for annual household incomes greater than $87,480 (12 months x 3.333 x $2,187).

Rent % Affordability
Above $500 91.1%
Above $700 86.4%
Above $1,100 76.3%
Above $1,500 67.5%
Above $1,900 59.3%
HOUSEHOLD INCOME RANGE

Approximately 85 of households in this neighborhood have a total annual income of $87,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,187 per month.

MINIMUM INCOME RANGE : $87,480

Income % Distribution
<$20K 8.9%
$20K-$35K 7.1%
$35K-$60K 16.6%
$60K-$100K 19.5%
>=$100K 47.9%
COMMUTE TIME DISTRIBUTION

69% of the working population has a commute time of 15 to 44 minutes, 14% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 5.1%
10-14 mins 8.7%
15-19 mins 9.2%
20-29 mins 27.2%
30-44 mins 32.8%
45-59 mins 8.7%
>60 mins 8.2%

Ember Oaks Demographics

INDUSTRY

Industry % Distribution
Educational Services 8.2%
Financial Industries 13.5%
Health Care & Social Assistance 9.7%
Manufacturing 11.1%
Real Estate 10.1%
Retail & Wholesale Trader 11.6%
Other 35.7%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 28% is 24 or younger and 20% is 65 or older.

Age % Distribution
<15 22.5%
15-19 4.2%
20-24 1.6%
25-44 27.9%
45-65 24.1%
66+ 19.7%
OCCUPATION

Occupation % Distribution
Computer Engineering 10.1%
Healthcare 6.7%
Management, Business, & Financial 43.0%
Natural Resources Maintenance 6.0%
Production & Transportation 4.0%
Sales & Office 22.1%
Other 8.1%
HIGHEST EDUCATION LEVEL

31% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 16.2%
High School 19.2%
Masters Degree 13.5%
Some College 20.9%
Some High School 1.7%
Other 28.6%

7812 Harvest Hill Rd Comps

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7812 Harvest Hill Rd, N Richland Hills, TX 76182 is a single family home of 2,110 sqft. HomeUnion INVESTimateĀ® for 7812 Harvest Hill Rd includes a Price Estimate of $309,673 and a Rent Estimate of $2,187. This single family home has 3 bedrooms,2 bathrooms, and was built in 2005. This property has an estimated 15 year annualized Yield of 8.47% and Total Return of 24.24%. The estimated 1 year forecast in home value for 7812 Harvest Hill Rd 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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