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Real Estate Prices & Overview

Fallbrook Dr / Village Trail Dr median real estate price is $523,265, which is more expensive than 72.7% of the neighborhoods in Texas and 58.7% of the neighborhoods in the U.S.

The average rental price in Fallbrook Dr / Village Trail Dr is currently $1,494, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 72.4% of Texas neighborhoods.

Fallbrook Dr / Village Trail Dr is a suburban neighborhood (based on population density) located in Houston, Texas.

Fallbrook Dr / Village Trail Dr real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Fallbrook Dr / Village Trail Dr neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Fallbrook Dr / Village Trail Dr, the current vacancy rate is 2.3%, which is a lower rate of vacancies than 84.7% of all neighborhoods in the U.S. This means that the housing supply in Fallbrook Dr / Village Trail Dr is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

Homes built from 2000 through today make up a higher proportion of the Fallbrook Dr / Village Trail Dr neighborhood's real estate landscape than 96.3% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 72.5% of the residential real estate here is classified as newer.

Diversity

Significantly, 7.9% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 99.1% of the neighborhoods in America.

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 Fallbrook Dr / Village Trail Dr neighborhood in Houston are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 72.9% of U.S. neighborhoods. In addition, 8.5% 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 54.6% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Fallbrook Dr / Village Trail Dr neighborhood, 30.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 24.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (23.4%), and 21.6% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Fallbrook Dr / Village Trail Dr neighborhood is English, spoken by 53.4% of households. Other important languages spoken here include Spanish, Vietnamese and Polish.

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 Fallbrook Dr / Village Trail Dr neighborhood in Houston, TX, residents most commonly identify their ethnicity or ancestry as Mexican (33.4%). There are also a number of people of German ancestry (11.2%), and residents who report Asian roots (9.1%), and some of the residents are also of Sub-Saharan African ancestry (6.9%), along with some Irish ancestry residents (5.1%), among others. In addition, 24.8% 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 Fallbrook Dr / Village Trail Dr neighborhood spend under 15 minutes commuting one-way to work (28.3% of working residents), one of the shortest commutes across America.

Here most residents (82.8%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (12.9%) . 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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