Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

804 Corpus Christi St Laredo, TX 78040

0 Beds 0 Baths 748 sqft Built 1922
Last updated:  Oct 23, 2019

INVESTimate

$202,023

$182K - $222K

Price Est.

$757

709 - 805

Rent Est.

$211,316  ( +4.6%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 110 WAVERLY CIRCLE Abilene, TX
    • 3 beds 2 baths ∙ 1,854 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,854 Sqft ∙ Built 2005
    AVAILABLE
    • 18.22% GROSS YIELD
    • $11,081 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $34,900
    • $1,670
  • 14409 CORRIDON AVE Maple Heights, OH
    • 3 beds 2 baths ∙ 1,134 Sqft ∙ Built 1952 3 beds 2 baths ∙ 1,134 Sqft ∙ Built 1952
    AVAILABLE
    • 15.21% GROSS YIELD
    • $4,485 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $71,000
    • $24,565
    • $900
  • 12611 ASHFORD MEADOW DRIVE Houston, TX
    • 3 beds 2 baths ∙ 4,224 Sqft ∙ Built 1981 ∙ 4units 3 beds 2 baths ∙ 4,224 Sqft ∙ Built 1981 ∙ 4units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $16,042 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $320,000
    • $107,800
    • $4,000
  • 12914 Rockside Rd Garfield Heights, OH
    • 3 beds 2 baths ∙ 1,131 Sqft ∙ Built 1949 3 beds 2 baths ∙ 1,131 Sqft ∙ Built 1949
    AVAILABLE
    • 14.90% GROSS YIELD
    • $4,929 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $74,921
    • $25,604
    • $930

804 Corpus Christi St PROPERTY INFO

FACTS
  • Built In 1922
  • Price/Sqft : $270.08
CONSTRUCTION
  • Beds : 0
  • Floor Size : 748 sqft
  • Baths : 0 Full

804 Corpus Christi St SCHOOLS

Sorry, we do not have sufficient school data for this neighborhood.
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

Las Lomas

  • 7,703

    POPULATION
  • 2,240

    HOUSEHOLDS
  • 45.3%

    WHITE COLLAR

Neighborhood : Las Lomas

HOUSEHOLDS
2,240
POPULATION

7,703

52.4%Renters
47.6%Home Owners
LABOR FORCE

 

45.3%White Collar
54.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 85% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $757 per month.

MY RENT : $757 MEDIAN RENT : $896

Rent % Distribution LEVEL
$500-699 0.1%
$700-899 50.8%
$900-999 17.6%
$1,000-1,499 29.5%
>=$1,500 2.0%
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 $757 would therefore be considered affordable for annual household incomes greater than $30,280 (12 months x 3.333 x $757).

Rent % Affordability
Above $500 59.3%
Above $700 50.3%
Above $1,100 33.5%
Above $1,500 19.0%
Above $1,900 12.4%
HOUSEHOLD INCOME RANGE

Approximately 4,606 of households in this neighborhood have a total annual income of $30,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $757 per month.

MINIMUM INCOME RANGE : $30,280

Income % Distribution
<$20K 40.7%
$20K-$35K 18.0%
$35K-$60K 22.3%
$60K-$100K 14.8%
>=$100K 4.2%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 37% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.4%
5-9 mins 12.0%
10-14 mins 23.6%
15-19 mins 26.6%
20-29 mins 23.0%
30-44 mins 8.3%
45-59 mins 3.8%
>60 mins 1.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 85% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $757 per month.

MY RENT : $757 MEDIAN RENT : $896

Rent % Distribution
$500-699 0.1%
$700-899 50.8%
$900-999 17.6%
$1,000-1,499 29.5%
>=$1,500 2.0%
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 $757 would therefore be considered affordable for annual household incomes greater than $30,280 (12 months x 3.333 x $757).

Rent % Affordability
Above $500 59.3%
Above $700 50.3%
Above $1,100 33.5%
Above $1,500 19.0%
Above $1,900 12.4%
HOUSEHOLD INCOME RANGE

Approximately 4,606 of households in this neighborhood have a total annual income of $30,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $757 per month.

MINIMUM INCOME RANGE : $30,280

Income % Distribution
<$20K 40.7%
$20K-$35K 18.0%
$35K-$60K 22.3%
$60K-$100K 14.8%
>=$100K 4.2%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 37% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.4%
5-9 mins 12.0%
10-14 mins 23.6%
15-19 mins 26.6%
20-29 mins 23.0%
30-44 mins 8.3%
45-59 mins 3.8%
>60 mins 1.2%

Las Lomas Demographics

INDUSTRY

Industry % Distribution
Administrative Support 7.9%
Arts & Entertainment 10.4%
Educational Services 12.9%
Health Care & Social Assistance 18.7%
Retail & Wholesale Trader 15.3%
Transportation 9.8%
Other 25.1%
AGE DISTRIBUTION

42% of the population is between the ages of 25 and 64, 41% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 25.2%
15-19 7.3%
20-24 8.7%
25-44 24.8%
45-65 17.7%
66+ 16.3%
OCCUPATION

Occupation % Distribution
Clean 11.5%
Healthcare 8.3%
Management, Business, & Financial 5.3%
Natural Resources Maintenance 7.7%
Production & Transportation 18.0%
Sales & Office 27.3%
Other 21.9%
HIGHEST EDUCATION LEVEL

11% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.5%
High School 27.9%
Masters Degree 3.7%
Some College 16.2%
Some High School 37.5%
Other 8.2%

804 Corpus Christi St Comps

Sorry, we do not have sufficient data available.

804 Corpus Christi St, Laredo, TX 78040 is a single family home of 748 sqft. HomeUnion INVESTimateĀ® for 804 Corpus Christi St includes a Price Estimate of $202,023 and a Rent Estimate of $757. This single family home has 0 bedrooms,0 bathrooms, and was built in 1922. This property has an estimated 15 year annualized Yield of 4.50% and Total Return of 8.87%. The estimated 1 year forecast in home value for 804 Corpus Christi St is 4.6%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , WEBB County , or the 78040 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Similar Investment Properties By List Price within 2 miles

No Properties available

Nearest zipcodes within 2 miles

No Zipcodes available