Many things matter about a neighborhood, but the first thing most people notice
is the way a neighborhood looks and its particular character. For example, one
might notice whether the buildings all date from a certain time period or whether
shop signs are in multiple languages. This particular neighborhood in Murphy,
the Ranch Rd / Dewitt Rd neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
According to NeighborhoodScout's exclusive analysis, Ranch Rd / Dewitt Rd
is among the best neighborhoods for families in Texas. In fact, this neighborhood is
more family-friendly than 99.8% of neighborhoods
in the entire state of Texas. Its combination of top public
schools, low crime rates, and owner-occupied single family homes gives
this area the look and feel of a "Leave It to Beaver" episode. Many other
families also live here, making it easy to socialize and develop a strong
sense of community. In addition, the high number of college-educated parents
influences the academic success of the local schools. Overall, you will
find all of the amenities a family needs to thrive in the
Ranch Rd / Dewitt Rd neighborhood.
In addition to being an excellent choice for families with school-aged children, this
neighborhood is also a very good choice for highly educated executives, college students and urban sophisticates.
Notable & Unique: Diversity
Did you know that the Ranch Rd / Dewitt Rd neighborhood has more
Sub-Saharan African and African ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 8.2% of
this neighborhood's residents have Sub-Saharan African ancestry and 4.6% have African ancestry.
Ranch Rd / Dewitt Rd is also pretty special linguistically. Significantly, 8.2% 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 99.3% of the neighborhoods in America.
Notable & Unique: Real Estate
In addition, owner-occupied real estate dominates the Ranch Rd / Dewitt Rd neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 99.5% of neighborhoods in America. With a real estate vacancy rate of only 0.0%, the Ranch Rd / Dewitt Rd neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
Furthermore, one way that the Ranch Rd / Dewitt Rd neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.4% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Also of note, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Ranch Rd / Dewitt Rd neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 97.9% of all American neighborhoods.
Finally, homes built from 2000 through today make up a higher proportion of the Ranch Rd / Dewitt Rd neighborhood's real estate landscape than 95.8% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 49.7% of the residential real estate here is classified as newer.