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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

8412 Glenann Dr N Richland Hills, TX 76182

3 Beds 2 Baths 1,655 sqft Built 1973
Last updated:  Oct 23, 2019

INVESTimate

$227,863

$210K - $246K

Price Est.

$1,533

$1.4K - $1.6K

Rent Est.

$238,208  ( +4.54%)   1 YR EST. FORECAST
  
  
  

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8412 Glenann Dr PROPERTY INFO

FACTS
  • Built In 1973
  • Price/Sqft : $137.68
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,655 sqft
  • Baths : 2 Full

8412 Glenann Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WALKER CREEK ELEMENTARY SCHOOL Primary Regular 707 41 9
SMITHFIELD MIDDLE SCHOOL Middle Regular 752 43 9
BIRDVILLE HIGH SCHOOL High Regular 1,905 113 7

WALKER CREEK ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 707
  • # of teachers: 41
9
GreatSchools Rating

SMITHFIELD MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 752
  • # of teachers: 43
9
GreatSchools Rating

BIRDVILLE HIGH SCHOOL

  • Education Level: High
  • # of students: 1,905
  • # of teachers: 113
7
GreatSchools Rating
 

Financial Details

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Neighborhood

Glenann

  • 731

    POPULATION
  • 283

    HOUSEHOLDS
  • 70.8%

    WHITE COLLAR

Neighborhood : Glenann

HOUSEHOLDS
283
POPULATION

731

6.0%Renters
94.0%Home Owners
LABOR FORCE

 

70.8%White Collar
29.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,533 per month.

MY RENT : $1,533 MEDIAN RENT : $1,651

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 1.9%
>=$1,500 98.1%
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 $1,533 would therefore be considered affordable for annual household incomes greater than $61,320 (12 months x 3.333 x $1,533).

Rent % Affordability
Above $500 94.0%
Above $700 89.9%
Above $1,100 79.9%
Above $1,500 66.5%
Above $1,900 52.8%
HOUSEHOLD INCOME RANGE

Approximately 137 of households in this neighborhood have a total annual income of $61,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,533 per month.

MINIMUM INCOME RANGE : $61,320

Income % Distribution
<$20K 6.0%
$20K-$35K 7.4%
$35K-$60K 20.1%
$60K-$100K 29.9%
>=$100K 36.6%
COMMUTE TIME DISTRIBUTION

73% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.8%
5-9 mins 6.7%
10-14 mins 7.7%
15-19 mins 12.0%
20-29 mins 26.1%
30-44 mins 34.9%
45-59 mins 10.1%
>60 mins 1.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,533 per month.

MY RENT : $1,533 MEDIAN RENT : $1,651

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 1.9%
>=$1,500 98.1%
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 $1,533 would therefore be considered affordable for annual household incomes greater than $61,320 (12 months x 3.333 x $1,533).

Rent % Affordability
Above $500 94.0%
Above $700 89.9%
Above $1,100 79.9%
Above $1,500 66.5%
Above $1,900 52.8%
HOUSEHOLD INCOME RANGE

Approximately 137 of households in this neighborhood have a total annual income of $61,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,533 per month.

MINIMUM INCOME RANGE : $61,320

Income % Distribution
<$20K 6.0%
$20K-$35K 7.4%
$35K-$60K 20.1%
$60K-$100K 29.9%
>=$100K 36.6%
COMMUTE TIME DISTRIBUTION

73% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.8%
5-9 mins 6.7%
10-14 mins 7.7%
15-19 mins 12.0%
20-29 mins 26.1%
30-44 mins 34.9%
45-59 mins 10.1%
>60 mins 1.6%

Glenann Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.0%
Educational Services 10.0%
Health Care & Social Assistance 9.2%
Manufacturing 7.8%
Retail & Wholesale Trader 18.0%
Transportation 11.8%
Other 34.2%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 32% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 19.0%
15-19 5.7%
20-24 7.1%
25-44 21.3%
45-65 33.2%
66+ 13.5%
OCCUPATION

Occupation % Distribution
Clean 6.5%
Healthcare 5.2%
Management, Business, & Financial 28.2%
Natural Resources Maintenance 7.8%
Production & Transportation 7.8%
Sales & Office 29.2%
Other 15.3%
HIGHEST EDUCATION LEVEL

16% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.3%
High School 26.2%
Masters Degree 4.6%
Professional 1.2%
Some College 36.6%
Other 22.1%

8412 Glenann Dr Comps

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8412 Glenann Dr, N Richland Hills, TX 76182 is a single family home of 1,655 sqft. HomeUnion INVESTimateĀ® for 8412 Glenann Dr includes a Price Estimate of $227,863 and a Rent Estimate of $1,533. This single family home has 3 bedrooms,2 bathrooms, and was built in 1973. This property has an estimated 15 year annualized Yield of 8.07% and Total Return of 20.36%. The estimated 1 year forecast in home value for 8412 Glenann Dr is 4.54%.

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

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