Fm 521 / W Orem Dr median real estate price is $84,101, which is less expensive than 73.1% of Texas neighborhoods and 84.6% of all U.S. neighborhoods.
The average rental price in Fm 521 / W Orem Dr is currently $1,067, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 78.8% of the neighborhoods in Texas.
Fm 521 / W Orem Dr is a suburban neighborhood (based on population density) located in Houston, Texas.
Fm 521 / W Orem 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 mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Fm 521 / W Orem Dr neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Fm 521 / W Orem Dr has a 17.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.2% of American neighborhoods). This could either signal that there is weak demand for real estate in the neighborhood, or that much of the housing stock is seasonally occupied, which can occur in some markets dominated by colleges or vacation homes. Either way, if you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.