Spears Rd / River Laurel Dr median real estate price is $170,749, which is more expensive than 64.8% of the neighborhoods in Texas and 44.7% of the neighborhoods in the U.S.
The average rental price in Spears Rd / River Laurel Dr is currently $883, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.3% of Texas neighborhoods.
Spears Rd / River Laurel Dr is an urban neighborhood (based on population density) located in Houston, Texas.
Spears Rd / River Laurel Dr real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Spears Rd / River Laurel Dr neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in Spears Rd / River Laurel Dr. The current real estate vacancy rate here is 18.2%. This is higher than the rate of vacancies in 82.1% 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.