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8124 Cross Dr PROPERTY INFO
FACTS
- Built In 1971
- Price/Sqft : $179.17
CONSTRUCTION
- Beds : 4
- Floor Size : 1,283 sqft
- Baths : 2 Full
8124 Cross Dr SCHOOLS
Financial Details
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Smithfield Acres
Neighborhood : Smithfield Acres
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 41% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,460 per month.
MY RENT : $1,460 MEDIAN RENT : $1,449
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 $1,460 would therefore be considered affordable for annual household incomes greater than $58,400 (12 months x 3.333 x $1,460).
HOUSEHOLD INCOME RANGE
Approximately 89 of households in this neighborhood have a total annual income of $58,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,460 per month.
MINIMUM INCOME RANGE : $58,400
COMMUTE TIME DISTRIBUTION
68% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.
Smithfield Acres Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Educational Services | 17.5% |
| Health Care & Social Assistance | 7.5% |
| Manufacturing | 10.5% |
| Professional & Scientific Tech Services | 19.3% |
| Retail & Wholesale Trader | 21.1% |
| Transportation | 11.8% |
| Other | 12.3% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 30% is 24 or younger and 20% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 7.7% |
| 15-19 | 11.9% |
| 20-24 | 9.8% |
| 25-44 | 6.6% |
| 45-65 | 43.8% |
| 66+ | 20.1% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 7.0% |
| Construction | 7.0% |
| Management, Business, & Financial | 28.7% |
| Natural Resources Maintenance | 11.6% |
| Production & Transportation | 17.1% |
| Sales & Office | 23.3% |
| Other | 5.4% |
HIGHEST EDUCATION LEVEL
15% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 8.0% |
| High School | 37.3% |
| Masters Degree | 7.3% |
| Some College | 23.7% |
| Some High School | 3.1% |
| Other | 20.6% |
8124 Cross Dr Comps
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8124 Cross Dr, N Richland Hills, TX 76182 is a single family home of 1,283 sqft. HomeUnion INVESTimateĀ® for 8124 Cross Dr includes a Price Estimate of $229,871 and a Rent Estimate of $1,460. This single family home has 4 bedrooms,2 bathrooms, and was built in 1971. This property has an estimated 15 year annualized Yield of 7.62% and Total Return of 27.11%. The estimated 1 year forecast in home value for 8124 Cross Dr is 9.09%.
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
