Fm 521 / W Orem Dr median real estate price is $87,532, which is less expensive than 74.2% of Texas neighborhoods and 85.2% of all U.S. neighborhoods.
The average rental price in Fm 521 / W Orem Dr is currently $1,047, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 76.3% 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.
Vacant apartments or homes are a major fact of life in Fm 521 / W Orem Dr. The current real estate vacancy rate here is 18.1%. This is higher than the rate of vacancies in 81.5% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.