OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
9300 Weeping Willow Dr PROPERTY INFO
FACTS
- Built In 1993
- Price/Sqft : $156.95
CONSTRUCTION
- Beds : 3
- Floor Size : 1,754 sqft
- Baths : 2 Full
9300 Weeping Willow Dr SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
Oak Hills
Neighborhood : Oak Hills
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 $1,723 per month.
MY RENT : $1,723 MEDIAN RENT : $2,060
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 $1,723 would therefore be considered affordable for annual household incomes greater than $68,920 (12 months x 3.333 x $1,723).
HOUSEHOLD INCOME RANGE
Approximately 120 of households in this neighborhood have a total annual income of $68,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,723 per month.
MINIMUM INCOME RANGE : $68,920
COMMUTE TIME DISTRIBUTION
72% of the working population has a commute time of 15 to 44 minutes, 14% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.
Oak Hills Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Educational Services | 13.3% |
Financial Industries | 7.9% |
Health Care & Social Assistance | 9.2% |
Manufacturing | 12.7% |
Retail & Wholesale Trader | 19.5% |
Transportation | 8.1% |
Other | 29.3% |
AGE DISTRIBUTION
59% of the population is between the ages of 25 and 64, 29% is 24 or younger and 12% is 65 or older.
Age | % Distribution |
---|---|
<15 | 16.9% |
15-19 | 6.6% |
20-24 | 5.9% |
25-44 | 21.3% |
45-65 | 37.6% |
66+ | 11.6% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 10.0% |
Construction | 6.0% |
Healthcare | 8.6% |
Management, Business, & Financial | 24.6% |
Production & Transportation | 7.6% |
Sales & Office | 25.9% |
Other | 17.3% |
HIGHEST EDUCATION LEVEL
18% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 9.0% |
High School | 25.8% |
Masters Degree | 6.9% |
Some College | 25.6% |
Some High School | 3.8% |
Other | 29.0% |
9300 Weeping Willow Dr Comps
9300 Weeping Willow Dr, N Richland Hills, TX 76182 is a single family home of 1,754 sqft. HomeUnion INVESTimateĀ® for 9300 Weeping Willow Dr includes a Price Estimate of $275,292 and a Rent Estimate of $1,723. This single family home has 3 bedrooms,2 bathrooms, and was built in 1993. This property has an estimated 15 year annualized Yield of 7.51% and Total Return of 27.00%. The estimated 1 year forecast in home value for 9300 Weeping Willow Dr is 10.15%.
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