8401 Stonybrooke Ct PROPERTY INFO
FACTS
- Built In 1978
- Price/Sqft : $128.89
CONSTRUCTION
- Beds : 3
- Floor Size : 1,832 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
8401 Stonybrooke Ct, North Richland Hills, TX 76182 is a single family home of 1,832 sqft. HomeUnion estimate for 8401 Stonybrooke Ct includes a Price Estimate of $236,128 and a Rent Estimate of $1,699. This single family home has 3 bedrooms, 2 bathrooms, and was built in 1978. This property has an estimated 15 year annualized Yield of 8.63% and Total Return of 34.35%. The estimated 1 year forecast in home value for 8401 Stonybrooke Ct is 11.9%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
8401 Stonybrooke Ct SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
Stonybrooke
Neighborhood : Stonybrooke
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 95% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,699 per month.
MY RENT : $1,699 MEDIAN RENT : $1,622
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 $1,699 would therefore be considered affordable for annual household incomes greater than $67,960 (12 months x 3.333 x $1,699).
HOUSEHOLD INCOME RANGE
Approximately 150 of households in this neighborhood have a total annual income of $67,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,699 per month.
MINIMUM INCOME RANGE : $67,960
COMMUTE TIME DISTRIBUTION
63% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.
Stonybrooke Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 8.2% |
Educational Services | 10.9% |
Financial Industries | 8.4% |
Manufacturing | 15.8% |
Retail & Wholesale Trader | 8.8% |
Transportation | 12.3% |
Other | 35.7% |
AGE DISTRIBUTION
61% of the population is between the ages of 25 and 64, 31% is 24 or younger and 8% is 65 or older.
Age | % Distribution |
---|---|
<15 | 14.5% |
15-19 | 8.2% |
20-24 | 8.0% |
25-44 | 26.5% |
45-65 | 34.7% |
66+ | 8.1% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 12.1% |
Construction | 5.9% |
Healthcare | 6.4% |
Management, Business, & Financial | 22.4% |
Production & Transportation | 9.4% |
Sales & Office | 26.8% |
Other | 16.9% |
HIGHEST EDUCATION LEVEL
17% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 11.2% |
High School | 29.2% |
Masters Degree | 4.8% |
Some College | 32.3% |
Some High School | 4.9% |
Other | 17.5% |
8401 Stonybrooke Ct Comps
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