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

8401 Worthshire Dr N Richland Hills, TX 76182

3 Beds 2 Baths 2,459 sqft Built 1998
Last updated:  Nov 28, 2019

INVESTimate

$357,168

$329K - $385K

Price Est.

$2,404

$2.2K - $2.6K

Rent Est.

$382,063  ( +6.97%)   1 YR EST. FORECAST
  
  
  

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

  • 2340 BEAVER RUIN ROAD Norcross, GA
    • 3 beds 3 baths ∙ 1,566 Sqft ∙ Built 1974 ∙ 1units 3 beds 3 baths ∙ 1,566 Sqft ∙ Built 1974 ∙ 1units
    AVAILABLE fmls
    • 15.74% GROSS YIELD
    • $7,100 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $102,900
    • $33,018
    • $1,350
  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 3807 NORTHFLEET COURT Houston, TX
    • 3 beds 2 baths ∙ 1,546 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,546 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.91% GROSS YIELD
    • $7,932 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $117,500
    • $36,888
    • $1,460

8401 Worthshire Dr PROPERTY INFO

FACTS
  • Built In 1998
  • Price/Sqft : $145.25
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,459 sqft
  • Baths : 2 Full

8401 Worthshire Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BEAR CREEK INTERMEDIATE SCHOOL Primary Regular 833 43 9
BEAR CREEK INTERMEDIATE SCHOOL Middle Regular 833 43 9
KELLER HIGH SCHOOL High Regular 2,643 126 9

BEAR CREEK INTERMEDIATE SCHOOL

  • Education Level: Primary
  • # of students: 833
  • # of teachers: 43
9
GreatSchools Rating

BEAR CREEK INTERMEDIATE SCHOOL

  • Education Level: Middle
  • # of students: 833
  • # of teachers: 43
9
GreatSchools Rating

KELLER HIGH SCHOOL

  • Education Level: High
  • # of students: 2,643
  • # of teachers: 126
9
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

NORTH RICHLAND HILLS

  • 31,379

    POPULATION
  • 11,253

    HOUSEHOLDS
  • 73.2%

    WHITE COLLAR

Neighborhood : NORTH RICHLAND HILLS

HOUSEHOLDS
11,253
POPULATION

31,379

18.8%Renters
81.2%Home Owners
LABOR FORCE

 

73.2%White Collar
26.9%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 $2,404 per month.

MY RENT : $2,404 MEDIAN RENT : $1,812

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 15.1%
>=$1,500 84.9%
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 $2,404 would therefore be considered affordable for annual household incomes greater than $96,160 (12 months x 3.333 x $2,404).

Rent % Affordability
Above $500 96.0%
Above $700 92.0%
Above $1,100 81.5%
Above $1,500 69.4%
Above $1,900 57.4%
HOUSEHOLD INCOME RANGE

Approximately 4,925 of households in this neighborhood have a total annual income of $96,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,404 per month.

MINIMUM INCOME RANGE : $96,160

Income % Distribution
<$20K 4.0%
$20K-$35K 9.0%
$35K-$60K 17.6%
$60K-$100K 26.7%
>=$100K 42.7%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.4%
5-9 mins 6.4%
10-14 mins 10.6%
15-19 mins 11.7%
20-29 mins 24.4%
30-44 mins 29.8%
45-59 mins 9.6%
>60 mins 6.2%
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 $2,404 per month.

MY RENT : $2,404 MEDIAN RENT : $1,812

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 15.1%
>=$1,500 84.9%
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 $2,404 would therefore be considered affordable for annual household incomes greater than $96,160 (12 months x 3.333 x $2,404).

Rent % Affordability
Above $500 96.0%
Above $700 92.0%
Above $1,100 81.5%
Above $1,500 69.4%
Above $1,900 57.4%
HOUSEHOLD INCOME RANGE

Approximately 4,925 of households in this neighborhood have a total annual income of $96,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,404 per month.

MINIMUM INCOME RANGE : $96,160

Income % Distribution
<$20K 4.0%
$20K-$35K 9.0%
$35K-$60K 17.6%
$60K-$100K 26.7%
>=$100K 42.7%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.4%
5-9 mins 6.4%
10-14 mins 10.6%
15-19 mins 11.7%
20-29 mins 24.4%
30-44 mins 29.8%
45-59 mins 9.6%
>60 mins 6.2%

NORTH RICHLAND HILLS Demographics

INDUSTRY

Industry % Distribution
Educational Services 8.4%
Financial Industries 8.2%
Health Care & Social Assistance 10.0%
Manufacturing 8.9%
Professional & Scientific Tech Services 7.8%
Retail & Wholesale Trader 16.9%
Other 39.7%
AGE DISTRIBUTION

57% of the population is between the ages of 25 and 64, 30% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 19.9%
15-19 6.1%
20-24 4.4%
25-44 25.2%
45-65 31.4%
66+ 13.0%
OCCUPATION

Occupation % Distribution
Computer Engineering 6.7%
Healthcare 6.0%
Management, Business, & Financial 28.3%
Natural Resources Maintenance 8.3%
Production & Transportation 8.2%
Sales & Office 25.7%
Other 16.7%
HIGHEST EDUCATION LEVEL

20% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.6%
High School 21.8%
Masters Degree 8.6%
Some College 25.8%
Some High School 6.4%
Other 27.9%

8401 Worthshire Dr Comps

Sorry, we do not have sufficient data available.

8401 Worthshire Dr, N Richland Hills, TX 76182 is a single family home of 2,459 sqft. HomeUnion INVESTimateĀ® for 8401 Worthshire Dr includes a Price Estimate of $357,168 and a Rent Estimate of $2,404. This single family home has 3 bedrooms,2 bathrooms, and was built in 1998. This property has an estimated 15 year annualized Yield of 8.08% and Total Return of 22.95%. The estimated 1 year forecast in home value for 8401 Worthshire Dr is 6.97%.

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

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 76248
  2. 76034
  3. 76092
  4. 76054
  5. 76020
  6. 76063