Sell Your Property

Easily Access a network of motivated buyers
This page contains information about each property aggregated from public data sources, 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.

...MORE

This page contains information about each property aggregated from public data sources, 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.

816 N 12th St Lamesa, TX 79331

0 Beds 0 Baths 1,281 sqft Built 1950
Last updated:  Oct 23, 2019

INVESTimate

$99,931

$84.9K - $115K

Price Est.

$994

864 - $1.1K

Rent Est.

$99,931  ( 0%)   1 YR EST. FORECAST

816 N 12th St PROPERTY INFO

FACTS
  • Built In 1950
  • Price/Sqft : $78.01
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,281 sqft
  • Baths : 0 Full
PROPERTY DESCRIPTION
816 N 12th St, Lamesa, TX 79331 is a single family home of 1,281 sqft. HomeUnion estimate for 816 N 12th St includes a Price Estimate of $99,931 and a Rent Estimate of $994. This single family home has 0 bedrooms, 0 bathrooms, and was built in 1950. This property has an estimated 15 year annualized Yield of 11.94% and Total Return of 17.42%. The estimated 1 year forecast in home value for 816 N 12th St is 0%.
  
  
  

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

  • 3301 HENDERSON MILL ROAD Atlanta, GA
    • 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units
    AVAILABLE fmls
    • 13.98% GROSS YIELD
    • $7,359 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $170,000
    • $50,800
    • $1,980
  • 2942 WALNUT SPRINGS DRIVE Katy, TX
    • 3 beds 2 baths ∙ 1,256 Sqft ∙ Built 1984 ∙ 1units 3 beds 2 baths ∙ 1,256 Sqft ∙ Built 1984 ∙ 1units
    AVAILABLE
    • 13.00% GROSS YIELD
    • $6,229 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $120,000
    • $37,550
    • $1,300
  • 7953 SHADY OAK TRAIL #47 Charlotte, NC
    • 2 beds 2 baths ∙ 1,040 Sqft ∙ Built 1973 ∙ 1units 2 beds 2 baths ∙ 1,040 Sqft ∙ Built 1973 ∙ 1units
    AVAILABLE
    • 12.46% GROSS YIELD
    • $6,218 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $107,900
    • $34,344
    • $1,120
  • 2032 GLENRIDGE DRIVE Indianapolis, IN
    • 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units
    AVAILABLE
    • 12.40% GROSS YIELD
    • $5,248 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $90,000
    • $29,600
    • $930

816 N 12th St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
NORTH ELEMENTARY SCHOOL Primary Regular 429 30 2
LAMESA MIDDLE SCHOOL Middle Regular 414 29 3
LAMESA HIGH SCHOOL High Regular 415 39 3

NORTH ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 429
  • # of teachers: 30
2
GreatSchools Rating

LAMESA MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 414
  • # of teachers: 29
3
GreatSchools Rating

LAMESA HIGH SCHOOL

  • Education Level: High
  • # of students: 415
  • # of teachers: 39
3
GreatSchools Rating
 

Financial Details

See Financial Details

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

Already have an account?
Neighborhood

LAMESA

  • 12,867

    POPULATION
  • 4,169

    HOUSEHOLDS
  • 47.9%

    WHITE COLLAR

Neighborhood : LAMESA

HOUSEHOLDS
4,169
POPULATION

12,867

28.9%Renters
71.1%Home Owners
LABOR FORCE

 

47.9%White Collar
52.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 50% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $994 per month.

MY RENT : $994 MEDIAN RENT : $995

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 30.4%
$900-999 20.9%
$1,000-1,499 46.4%
>=$1,500 2.3%
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 $994 would therefore be considered affordable for annual household incomes greater than $39,760 (12 months x 3.333 x $994).

Rent % Affordability
Above $500 73.7%
Above $700 66.7%
Above $1,100 48.5%
Above $1,500 36.2%
Above $1,900 27.5%
HOUSEHOLD INCOME RANGE

Approximately 1,829 of households in this neighborhood have a total annual income of $39,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $994 per month.

MINIMUM INCOME RANGE : $39,760

Income % Distribution
<$20K 26.3%
$20K-$35K 14.8%
$35K-$60K 22.8%
$60K-$100K 20.5%
>=$100K 15.7%
COMMUTE TIME DISTRIBUTION

23% of the working population has a commute time of 15 to 44 minutes, 66% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 11.2%
5-9 mins 35.8%
10-14 mins 19.1%
15-19 mins 7.0%
20-29 mins 6.0%
30-44 mins 10.2%
45-59 mins 5.7%
>60 mins 5.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 50% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $994 per month.

MY RENT : $994 MEDIAN RENT : $995

Rent % Distribution
$500-699 0.0%
$700-899 30.4%
$900-999 20.9%
$1,000-1,499 46.4%
>=$1,500 2.3%
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 $994 would therefore be considered affordable for annual household incomes greater than $39,760 (12 months x 3.333 x $994).

Rent % Affordability
Above $500 73.7%
Above $700 66.7%
Above $1,100 48.5%
Above $1,500 36.2%
Above $1,900 27.5%
HOUSEHOLD INCOME RANGE

Approximately 1,829 of households in this neighborhood have a total annual income of $39,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $994 per month.

MINIMUM INCOME RANGE : $39,760

Income % Distribution
<$20K 26.3%
$20K-$35K 14.8%
$35K-$60K 22.8%
$60K-$100K 20.5%
>=$100K 15.7%
COMMUTE TIME DISTRIBUTION

23% of the working population has a commute time of 15 to 44 minutes, 66% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 11.2%
5-9 mins 35.8%
10-14 mins 19.1%
15-19 mins 7.0%
20-29 mins 6.0%
30-44 mins 10.2%
45-59 mins 5.7%
>60 mins 5.0%

LAMESA Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 18.6%
Arts & Entertainment 7.2%
Educational Services 10.2%
Health Care & Social Assistance 8.0%
Public Administration 9.9%
Retail & Wholesale Trader 12.8%
Other 33.3%
AGE DISTRIBUTION

50% of the population is between the ages of 25 and 64, 35% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 20.6%
15-19 6.1%
20-24 8.7%
25-44 29.5%
45-65 20.7%
66+ 14.4%
OCCUPATION

Occupation % Distribution
Construction 6.6%
Management, Business, & Financial 14.2%
Natural Resources Maintenance 20.7%
Production & Transportation 18.4%
Protect 5.8%
Sales & Office 18.5%
Other 15.7%
HIGHEST EDUCATION LEVEL

7% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 3.8%
High School 36.6%
Masters Degree 3.0%
Some College 21.1%
Some High School 26.1%
Other 9.3%

816 N 12th St Comps

Sorry, we do not have sufficient data available.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , DAWSON County , or the 79331 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

No Zipcodes available