INVESTimate
$155,501
OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
8955 Winedale Rd PROPERTY INFO
FACTS
- Built In 1974
- Price/Sqft : $505.49
CONSTRUCTION
- Beds : 4
- Floor Size : 1,075 sqft
- Baths : 2 Full
8955 Winedale Rd SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
BURTON
Neighborhood : BURTON
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 54% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,345 per month.
MY RENT : $1,345 MEDIAN RENT : $1,367
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 $1,345 would therefore be considered affordable for annual household incomes greater than $53,800 (12 months x 3.333 x $1,345).
HOUSEHOLD INCOME RANGE
Approximately 663 of households in this neighborhood have a total annual income of $53,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,345 per month.
MINIMUM INCOME RANGE : $53,800
COMMUTE TIME DISTRIBUTION
68% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.
BURTON Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Agriculture, Fishing & Game | 11.6% |
Educational Services | 12.2% |
Health Care & Social Assistance | 5.9% |
Manufacturing | 31.0% |
Retail & Wholesale Trader | 7.6% |
Transportation | 6.5% |
Other | 25.1% |
AGE DISTRIBUTION
55% of the population is between the ages of 25 and 64, 21% is 24 or younger and 24% is 65 or older.
Age | % Distribution |
---|---|
<15 | 17.5% |
15-19 | 2.7% |
20-24 | 0.8% |
25-44 | 21.8% |
45-65 | 32.8% |
66+ | 24.3% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 6.2% |
Healthcare | 5.9% |
Management, Business, & Financial | 21.6% |
Natural Resources Maintenance | 7.7% |
Production & Transportation | 37.1% |
Sales & Office | 7.5% |
Other | 14.0% |
HIGHEST EDUCATION LEVEL
12% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 6.4% |
High School | 39.2% |
Masters Degree | 4.0% |
Some College | 25.4% |
Some High School | 8.1% |
Other | 16.8% |
8955 Winedale Rd Comps
8955 Winedale Rd, Burton, TX 77835 is a single family home of 1,075 sqft. HomeUnion INVESTimateĀ® for 8955 Winedale Rd includes a Price Estimate of $543,399 and a Rent Estimate of $1,345. This single family home has 4 bedrooms,2 bathrooms, and was built in 1974. This property has an estimated 15 year annualized Yield of 2.97% and Total Return of 6.25%. The estimated 1 year forecast in home value for 8955 Winedale Rd is 3.75%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , WASHINGTON County , or the 77835 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2