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

9 Timber Ln Shepherd, TX 77371

0 Beds 2 Baths 1,852 sqft Built 1984
Last updated:  Jun 30, 2018

INVESTimate

$181,447

$162K - $201K

Price Est.

$1,418

$1.2K - $1.6K

Rent Est.

$185,983  ( +2.5%)   1 YR EST. FORECAST
  
  
  

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

  • 14108 BECKET RD Shaker Heights, OH
    • 4 beds 3 baths ∙ 1,660 Sqft ∙ Built 1926 4 beds 3 baths ∙ 1,660 Sqft ∙ Built 1926
    AVAILABLE
    • 18.56% GROSS YIELD
    • $6,636 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $97,000
    • $37,205
    • $1,500
  • 19500 BEVERLY AVE Maple Heights, OH
    • 3 beds 2 baths ∙ 1,312 Sqft ∙ Built 1950 3 beds 2 baths ∙ 1,312 Sqft ∙ Built 1950
    AVAILABLE
    • 16.83% GROSS YIELD
    • $5,118 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $72,000
    • $30,580
    • $1,010
  • 3475 SILSBY RD University Heights, OH
    • 3 beds 1 baths ∙ 1,336 Sqft ∙ Built 1926 3 beds 1 baths ∙ 1,336 Sqft ∙ Built 1926
    AVAILABLE
    • 16.68% GROSS YIELD
    • $5,660 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $84,900
    • $33,998
    • $1,180
  • 3138 ASHWOOD RD Cleveland, OH
    • 3 beds 2 baths ∙ 1,450 Sqft ∙ Built 1938 3 beds 2 baths ∙ 1,450 Sqft ∙ Built 1938
    AVAILABLE
    • 16.50% GROSS YIELD
    • $5,047 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $74,900
    • $31,348
    • $1,030

9 Timber Ln PROPERTY INFO

FACTS
  • Built In 1984
  • Price/Sqft : $97.97
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,852 sqft
  • Baths : 2 Full

9 Timber Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
KIMMIE M. BROWN ELEMENTARY SCHOOL Primary Regular 743 49 4
NOTTINGHAM MIDDLE SCHOOL Middle Regular 394 26 4
DAYTON HIGH SCHOOL High Regular 1,391 86 4

KIMMIE M. BROWN ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 743
  • # of teachers: 49
4
GreatSchools Rating

NOTTINGHAM MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 394
  • # of teachers: 26
4
GreatSchools Rating

DAYTON HIGH SCHOOL

  • Education Level: High
  • # of students: 1,391
  • # of teachers: 86
4
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

SHEPHERD

  • 7,596

    POPULATION
  • 2,345

    HOUSEHOLDS
  • 39.6%

    WHITE COLLAR

Neighborhood : SHEPHERD

HOUSEHOLDS
2,345
POPULATION

7,596

27.2%Renters
72.8%Home Owners
LABOR FORCE

 

39.6%White Collar
60.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 17% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,418 per month.

MY RENT : $1,418 MEDIAN RENT : $1,030

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 25.8%
$900-999 19.7%
$1,000-1,499 45.2%
>=$1,500 9.2%
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 $1,418 would therefore be considered affordable for annual household incomes greater than $56,720 (12 months x 3.333 x $1,418).

Rent % Affordability
Above $500 70.6%
Above $700 58.4%
Above $1,100 46.4%
Above $1,500 35.6%
Above $1,900 22.8%
HOUSEHOLD INCOME RANGE

Approximately 859 of households in this neighborhood have a total annual income of $56,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,418 per month.

MINIMUM INCOME RANGE : $56,720

Income % Distribution
<$20K 29.4%
$20K-$35K 17.3%
$35K-$60K 17.7%
$60K-$100K 23.1%
>=$100K 12.5%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 34% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.5%
5-9 mins 13.6%
10-14 mins 7.5%
15-19 mins 6.3%
20-29 mins 27.2%
30-44 mins 11.2%
45-59 mins 6.4%
>60 mins 27.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 17% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,418 per month.

MY RENT : $1,418 MEDIAN RENT : $1,030

Rent % Distribution
$500-699 0.0%
$700-899 25.8%
$900-999 19.7%
$1,000-1,499 45.2%
>=$1,500 9.2%
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 $1,418 would therefore be considered affordable for annual household incomes greater than $56,720 (12 months x 3.333 x $1,418).

Rent % Affordability
Above $500 70.6%
Above $700 58.4%
Above $1,100 46.4%
Above $1,500 35.6%
Above $1,900 22.8%
HOUSEHOLD INCOME RANGE

Approximately 859 of households in this neighborhood have a total annual income of $56,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,418 per month.

MINIMUM INCOME RANGE : $56,720

Income % Distribution
<$20K 29.4%
$20K-$35K 17.3%
$35K-$60K 17.7%
$60K-$100K 23.1%
>=$100K 12.5%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 34% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.5%
5-9 mins 13.6%
10-14 mins 7.5%
15-19 mins 6.3%
20-29 mins 27.2%
30-44 mins 11.2%
45-59 mins 6.4%
>60 mins 27.3%

SHEPHERD Demographics

INDUSTRY

Industry % Distribution
Construction 22.8%
Educational Services 6.2%
Health Care & Social Assistance 5.6%
Public Administration 8.1%
Retail & Wholesale Trader 20.5%
Transportation 8.4%
Other 28.4%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 33% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 23.0%
15-19 4.3%
20-24 5.4%
25-44 22.9%
45-65 29.0%
66+ 15.4%
OCCUPATION

Occupation % Distribution
Education 4.0%
Management, Business, & Financial 8.5%
Natural Resources Maintenance 23.6%
Production & Transportation 12.4%
Protect 12.8%
Sales & Office 25.7%
Other 12.8%
HIGHEST EDUCATION LEVEL

5% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 4.1%
High School 56.2%
Masters Degree 1.2%
Some College 17.8%
Some High School 17.9%
Other 2.7%

9 Timber Ln Comps

Sorry, we do not have sufficient data available.

9 Timber Ln, Shepherd, TX 77371 is a single family home of 1,852 sqft. HomeUnion INVESTimate® for 9 Timber Ln includes a Price Estimate of $181,447 and a Rent Estimate of $1,418. This single family home has 0 bedrooms,2 bathrooms, and was built in 1984. This property has an estimated 15 year annualized Yield of 9.38% and Total Return of 19.10%. The estimated 1 year forecast in home value for 9 Timber Ln is 2.5%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX, LIBERTY County, or the 77371 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2