Texas St / S Cedar St median real estate price is $113,876, which is more expensive than 57.5% of the neighborhoods in Alabama and 23.7% of the neighborhoods in the U.S.
The average rental price in Texas St / S Cedar St is currently $714, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 68.7% of Alabama neighborhoods.
Texas St / S Cedar St is a suburban neighborhood (based on population density) located in Mobile, Alabama.
Texas St / S Cedar St 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 occupied by a mixture of owners and renters. Many of the residences in the Texas St / S Cedar St neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Texas St / S Cedar St. The current real estate vacancy rate here is 21.2%. This is higher than the rate of vacancies in 86.9% 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.