3111 Red Lion Dr, Valrico
Hillsborough County Real Estate - Durant
Durant is in the Tampa Bay region of Florida. Durant is approximately 17 miles from Tampa (population 335,709) and around 29 miles from Saint Petersburg (population 244,769).
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Hillsborough County
Hillsborough County is in the Tampa Bay region of Florida, along with Citrus, Hernando, Pasco, Pinellas, Polk, Manatee, and Sarasota counties. Tampa, one of Florida's largest cities, is part of Hillsborough County. Over 1.2 million people live in Hillsborough County.
Hillsborough County has the 6th largest school district in the country, employing approximately 25,000 people. Other major public employers are MacDill Air Force Base, Hillsborough County Government, University of South Florida, and Hillsborough Community College. The largest private sector employers are JP Morgan Chase, H. Lee Moffitt Cancer Center & Research Institute, Citi, Pricewaterhouse Coopers, and Progressive Insurance. Target industries are applied medicine & human performance, high-tech electronics and instruments, business, financial & data services, and marine & environmental activities.
Busch Gardens, one of Florida's main theme parks, is in Tampa and attracts many tourists. Tourists also visit historic Tampa neighborhood of Ybor City, once a cigar factory district, now a National Historic Landmark. Many tourists also flow through the Port of Tampa, which handles about a million cruise passengers each year. Not just for tourists, the port is busiest in the state for cargo, with large quantities of phosphates and steel flowing through it.
Located just outside of Tampa is MacDill Air Force Base, the headquarters for U.S. Central Command and the Special Operations Command. When hurricanes threaten the Atlantic coast, ?hurricane hunter? planes takeoff from MacDill to fly into the storm and take measurements. MacDill employs more than 14,000 and has an estimated impact of $5 billion.
Tampa is ranked by the Globalization and World Cities Research Network as a Gamma+ class city. In 2014 it was ranked as the number two city in the nation for investing in rental properties by All Property Management.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 3113 Red Lion Dr | Single Family | 3,255 | B |
 |
| 3109 Red Lion Dr | Single Family | 3,110 | B |
|
| 3107 Red Lion Dr | Single Family | 3,000 | B |
|
| 3115 Red Lion Dr | Single Family | 4,032 | B |
|
| 3509 Starling Estates Ct | Vacant Residential | 0 | L | |
| 3110 Red Lion Dr | Single Family | 3,000 | B |
|
| 3507 Starling Estates Ct | Vacant Residential | 0 | L | |
| 3511 Starling Estates Ct | Vacant Residential | 0 | L | |
| 3118 Red Lion Dr | Single Family | 3,256 | B |
|
| 3108 Red Lion Dr | Single Family | 3,409 | B |
|
| 3004 Pearson Rd | Vacant Residential | 0 | L | |
| 3105 Red Lion Dr | Single Family | 3,789 | B |
|
| 3513 Starling Estates Ct | Single Family | 0 | B | |
| 3106 Red Lion Dr | Single Family | 3,023 | B |
|
| 3117 Red Lion Dr | Single Family | 3,789 | B |
|
| 3120 Red Lion Dr | Single Family | 3,041 | B |
|
| 3515 Starling Estates Ct | Single Family | 3,643 | B |
|
| 3101 White Pheasant Pl | Single Family | 2,596 | B |
|
| 3310 Eastmonte Dr | Single Family | 3,409 | B |
|
| 3308 Eastmonte Dr | Single Family | 3,231 | B |
|
| 3508 Starling Estates Ct | Single Family | 0 | B | |
| 3517 Starling Estates Ct | Single Family | 4,125 | B |
|
| 3102 White Pheasant Pl | Single Family | 3,759 | B |
|
| 3506 Starling Estates Ct | Single Family | 0 | B | |
| 3510 Starling Estates Ct | Single Family | 0 | B | |
| 3122 Red Lion Dr | Single Family | 3,101 | B |
|
| 3306 Eastmonte Dr | Single Family | 3,794 | B |
|
| 3103 White Pheasant Pl | Single Family | 2,461 | B |
|
| 3504 Starling Estates Ct | Vacant Residential | 0 | L | |
| 3512 Starling Estates Ct | Single Family | 0 | B | |
| 3402 Eastmonte Dr | Single Family | 2,732 | B |
|
| 3121 Red Lion Dr | Single Family | 3,110 | B |
|
| 3304 Eastmonte Dr | Single Family | 3,255 | B |
|
| 3502 Starling Estates Ct | Vacant Residential | 0 | L | |
| 3514 Starling Estates Ct | Single Family | 4,125 | B |
|
| 3002 Pearson Rd | Vacant Residential | 0 | L | |
| 3124 Red Lion Dr | Single Family | 2,978 | B |
|
| 3404 Eastmonte Dr | Single Family | 3,101 | B |
|
| 3104 White Pheasant Pl | Single Family | 2,461 | B |
|
| 3208 Pearson Rd | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 3123 Red Lion Dr | Single Family | 3,237 | B |
|
| 3516 Starling Estates Ct | Single Family | 4,424 | B |
|
| 3105 White Pheasant Dr | Single Family | 2,587 | B |
|
| 3302 Eastmonte Dr | Single Family | 3,110 | B |
|
| 3406 Eastmonte Dr | Single Family | 2,598 | B |
|
Local Household Income
The median household income in this part of Florida is $59,143. The bottom 10% of the population earn less than $18,085 per year. The top 10% earn more than $139,373 per year. The top 1% earn more than $416,104 per year. Most renters earn between $25,644 (20th percentile) and $46,584 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $118,286 and $147,858.
The tax assessed value of this property places it in percentile 81 of all properties in this area. This suggests it would appeal to someone earning around $109,016 per year who should qualify for a mortgage between $218,032 and $272,540.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $877. Most renters earn between $2,137 and $3,882 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $662 (20th percentile) to $1,192 (80th percentile) range. The residential vacancy rate is 5%.
This property falls in percentile 81 of all properties in this area. This corresponds to a rent of $1,209 per month and a monthly household income of $3,893 ($46,716 per year)
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3115 Red Lion Dr