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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

8401 Kelly Cv Lago Vista, TX 78645

4 Beds 4 Baths 4,267 sqft Built 2010
Last updated:  Jan 23, 2020

INVESTimate

$679,275

$620K - $738K

Price Est.

$3,103

$2.7K - $3.5K

Rent Est.

$724,379  ( +6.64%)   1 YR EST. FORECAST
  
  
  

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8401 Kelly Cv PROPERTY INFO

FACTS
  • Built In 2010
  • Price/Sqft : $159.19
CONSTRUCTION
  • Beds : 4
  • Floor Size : 4,267 sqft
  • Baths : 4 Full

8401 Kelly Cv SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
LAGO VISTA ELEMENTARY SCHOOL Primary Regular 587 39 8
LAGO VISTA MIDDLE SCHOOL Middle Regular 335 21 8
LAGO VISTA HIGH SCHOOL High Regular 407 31 8

LAGO VISTA ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 587
  • # of teachers: 39
8
GreatSchools Rating

LAGO VISTA MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 335
  • # of teachers: 21
8
GreatSchools Rating

LAGO VISTA HIGH SCHOOL

  • Education Level: High
  • # of students: 407
  • # of teachers: 31
8
GreatSchools Rating
 

Financial Details

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Neighborhood

Ranchland Hills

  • 32

    POPULATION
  • 13

    HOUSEHOLDS
  • 77.1%

    WHITE COLLAR

Neighborhood : Ranchland Hills

HOUSEHOLDS
13
POPULATION

32

12.5%Renters
87.5%Home Owners
LABOR FORCE

 

77.1%White Collar
22.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 83% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,103 per month.

MY RENT : $3,103 MEDIAN RENT : $2,369

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 16.7%
>=$1,500 83.3%
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 $3,103 would therefore be considered affordable for annual household incomes greater than $124,120 (12 months x 3.333 x $3,103).

Rent % Affordability
Above $500 77.8%
Above $700 77.8%
Above $1,100 77.8%
Above $1,500 77.8%
Above $1,900 76.4%
HOUSEHOLD INCOME RANGE

Approximately 2 of households in this neighborhood have a total annual income of $124,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,103 per month.

MINIMUM INCOME RANGE : $124,120

Income % Distribution
<$20K 22.2%
$20K-$35K 0.0%
$35K-$60K 0.0%
$60K-$100K 33.3%
>=$100K 44.4%
COMMUTE TIME DISTRIBUTION

38% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 38% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.7%
5-9 mins 7.7%
10-14 mins 7.7%
15-19 mins 7.7%
20-29 mins 7.7%
30-44 mins 23.1%
45-59 mins 15.4%
>60 mins 23.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 83% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,103 per month.

MY RENT : $3,103 MEDIAN RENT : $2,369

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 16.7%
>=$1,500 83.3%
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 $3,103 would therefore be considered affordable for annual household incomes greater than $124,120 (12 months x 3.333 x $3,103).

Rent % Affordability
Above $500 77.8%
Above $700 77.8%
Above $1,100 77.8%
Above $1,500 77.8%
Above $1,900 76.4%
HOUSEHOLD INCOME RANGE

Approximately 2 of households in this neighborhood have a total annual income of $124,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,103 per month.

MINIMUM INCOME RANGE : $124,120

Income % Distribution
<$20K 22.2%
$20K-$35K 0.0%
$35K-$60K 0.0%
$60K-$100K 33.3%
>=$100K 44.4%
COMMUTE TIME DISTRIBUTION

38% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 38% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.7%
5-9 mins 7.7%
10-14 mins 7.7%
15-19 mins 7.7%
20-29 mins 7.7%
30-44 mins 23.1%
45-59 mins 15.4%
>60 mins 23.1%

Ranchland Hills Demographics

INDUSTRY

Industry % Distribution
Health Care & Social Assistance 13.3%
Information 6.7%
Manufacturing 13.3%
Professional & Scientific Tech Services 13.3%
Retail & Wholesale Trader 13.3%
Transportation 6.7%
Other 33.3%
AGE DISTRIBUTION

66% of the population is between the ages of 25 and 64, 19% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 12.5%
15-19 3.1%
20-24 3.1%
25-44 18.8%
45-65 46.9%
66+ 15.6%
OCCUPATION

Occupation % Distribution
Computer Engineering 10.0%
Healthcare 10.0%
Management, Business, & Financial 30.0%
Natural Resources Maintenance 10.0%
Production & Transportation 10.0%
Sales & Office 30.0%
Other 0.0%
HIGHEST EDUCATION LEVEL

27% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 11.5%
High School 23.1%
Masters Degree 11.5%
Professional 3.8%
Some College 26.9%
Other 23.1%

8401 Kelly Cv Comps

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8401 Kelly Cv, Lago Vista, TX 78645 is a single family home of 4,267 sqft. HomeUnion INVESTimateĀ® for 8401 Kelly Cv includes a Price Estimate of $679,275 and a Rent Estimate of $3,103. This single family home has 4 bedrooms,4 bathrooms, and was built in 2010. This property has an estimated 15 year annualized Yield of 5.48% and Total Return of 12.20%. The estimated 1 year forecast in home value for 8401 Kelly Cv is 6.64%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , TRAVIS County , or the 78645 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 78641
  2. 78660
  3. 78738