Texas Ave / S 8th St median real estate price is $91,929, which is less expensive than 75.9% of Louisiana neighborhoods and 85.4% of all U.S. neighborhoods.
The average rental price in Texas Ave / S 8th St is currently $580, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 94.9% of Louisiana neighborhoods.
Texas Ave / S 8th St is a suburban neighborhood (based on population density) located in Monroe, Louisiana.
Texas Ave / S 8th St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Texas Ave / S 8th St 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 Texas Ave / S 8th St. The current real estate vacancy rate here is 24.5%. This is higher than the rate of vacancies in 90.5% 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.