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Real Estate Prices & Overview

Osler Dr / Timber Oaks Ln median real estate price is $348,350, which is more expensive than 69.1% of the neighborhoods in Texas and 53.9% of the neighborhoods in the U.S.

The average rental price in Osler Dr / Timber Oaks Ln is currently $1,969, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 47.5% of Texas neighborhoods.

Osler Dr / Timber Oaks Ln is an urban neighborhood (based on population density) located in Grand Prairie, Texas.

Osler Dr / Timber Oaks Ln real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Osler Dr / Timber Oaks Ln neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Osler Dr / Timber Oaks Ln. The current real estate vacancy rate here is 18.9%. This is higher than the rate of vacancies in 84.3% 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.

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.

People

Astoundingly, the Osler Dr / Timber Oaks Ln neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 98.7% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Grand Prairie neighborhood.

In addition, with a nice mix of college students, safety from crime, and decent walkability, the Osler Dr / Timber Oaks Ln neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 88.7% of the neighborhoods in TX. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Real Estate

If you love row houses and attached homes, you will probably really like the Osler Dr / Timber Oaks Ln neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 34.3% of the residential real estate here is classified as row houses and attached homes.

In addition, 85.6% of the real estate in the Osler Dr / Timber Oaks Ln neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. More residents of the Osler Dr / Timber Oaks Ln neighborhood live here today that also were living in this same neighborhood five years ago than is found in 100.0% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

Diversity

Did you know that the Osler Dr / Timber Oaks Ln neighborhood has more Sub-Saharan African and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 30.0% of this neighborhood's residents have Sub-Saharan African ancestry and 2.3% have Portuguese ancestry.

Osler Dr / Timber Oaks Ln is also pretty special linguistically. Significantly, 4.8% 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 98.1% 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 Osler Dr / Timber Oaks Ln neighborhood in Grand Prairie are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 80.0% of U.S. neighborhoods. With 41.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.8% of U.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 Osler Dr / Timber Oaks Ln neighborhood, 37.7% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 27.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (26.1%), and 8.9% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 Osler Dr / Timber Oaks Ln neighborhood is English, spoken by 62.0% of households. Other important languages spoken here include Spanish and Vietnamese.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Osler Dr / Timber Oaks Ln neighborhood in Grand Prairie, TX, residents most commonly identify their ethnicity or ancestry as Mexican (33.1%). There are also a number of people of Sub-Saharan African ancestry (30.0%), and residents who report Asian roots (4.7%), and some of the residents are also of Portuguese ancestry (2.3%), along with some Arab ancestry residents (1.6%), among others. In addition, 35.8% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Osler Dr / Timber Oaks Ln neighborhood spend between 30 and 45 minutes commuting one-way to work (47.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (87.8%) drive alone in a private automobile to get to work. 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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