9659 Mayer Cemetery Rd PROPERTY INFO
FACTS
- Built In 0
- Price/Sqft : $431.39
CONSTRUCTION
- Beds : 0
- Floor Size : 1,132 sqft
- Baths : 0 Full
PROPERTY DESCRIPTION
9659 Mayer Cemetery Rd, Burton, TX 77835 is a single family home of 1,132 sqft. HomeUnion estimate for 9659 Mayer Cemetery Rd includes a Price Estimate of $488,330 and a Rent Estimate of $1,085. This single family home has 0 bedrooms, 0 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 2.67% and Total Return of 6.63%. The estimated 1 year forecast in home value for 9659 Mayer Cemetery Rd is 3.75%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
9659 Mayer Cemetery Rd SCHOOLS
Financial Details
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BURTON
Neighborhood : BURTON
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 80% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,085 per month.
MY RENT : $1,085 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 $1,085 would therefore be considered affordable for annual household incomes greater than $43,400 (12 months x 3.333 x $1,085).
HOUSEHOLD INCOME RANGE
Approximately 701 of households in this neighborhood have a total annual income of $43,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,085 per month.
MINIMUM INCOME RANGE : $43,400
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% |
9659 Mayer Cemetery Rd Comps
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