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Real Estate Prices & Overview

Lakeway Dr / Turtle Creek Dr median real estate price is $297,718, which is more expensive than 53.4% of the neighborhoods in Texas and 38.1% of the neighborhoods in the U.S.

The average rental price in Lakeway Dr / Turtle Creek Dr is currently $1,496, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 72.3% of Texas neighborhoods.

Lakeway Dr / Turtle Creek Dr is a suburban neighborhood (based on population density) located in Brownsville, Texas.

Lakeway Dr / Turtle Creek Dr real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Lakeway Dr / Turtle Creek Dr neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

In Lakeway Dr / Turtle Creek Dr, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Lakeway Dr / Turtle Creek Dr is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Brownsville, the Lakeway Dr / Turtle Creek Dr neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Owner-occupied real estate dominates the Lakeway Dr / Turtle Creek Dr neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 97.6% of neighborhoods in America. With a real estate vacancy rate of only 0.0%, the Lakeway Dr / Turtle Creek Dr neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

People

One of the really interesting characteristics about the Lakeway Dr / Turtle Creek Dr neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 1.8% of college-friendly places to live in the state of Texas. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for families with school-aged children.

In addition, an extraordinary 13.0% of the residents of the Lakeway Dr / Turtle Creek Dr neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Lakeway Dr / Turtle Creek Dr neighborhood has a highly unusual pattern of car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 35.2% of the households here have four, five, or more cars. That is more cars per household than in 96.2% of the neighborhoods in the nation.

Diversity

Did you know that the Lakeway Dr / Turtle Creek Dr neighborhood has more Mexican and Czechoslovakian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 84.2% of this neighborhood's residents have Mexican ancestry and 0.6% have Czechoslovakian ancestry.

Lakeway Dr / Turtle Creek Dr is also pretty special linguistically. Significantly, 65.2% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.7% of all U.S. neighborhoods.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Lakeway Dr / Turtle Creek Dr neighborhood in Brownsville are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 60.2% of the neighborhoods in America. In addition, 7.2% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 58.0% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Lakeway Dr / Turtle Creek Dr neighborhood, 33.7% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 33.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.3%), and 13.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Lakeway Dr / Turtle Creek Dr neighborhood is Spanish, spoken by 65.2% of households. Some people also speak English (34.8%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Lakeway Dr / Turtle Creek Dr neighborhood in Brownsville, TX, residents most commonly identify their ethnicity or ancestry as Mexican (84.2%). There are also a number of people of English ancestry (2.0%), and residents who report Scots-Irish roots (1.7%). In addition, 15.3% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Lakeway Dr / Turtle Creek Dr neighborhood spend between 15 and 30 minutes commuting one-way to work (65.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (66.0%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (5.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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