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Real Estate Prices & Overview

Oak Trail Shores median real estate price is $125,381, which is less expensive than 86.8% of Texas neighborhoods and 90.6% of all U.S. neighborhoods.

The average rental price in Oak Trail Shores is currently $1,550, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 68.1% of Texas neighborhoods.

Oak Trail Shores is a suburban neighborhood (based on population density) located in Granbury, Texas.

Oak Trail Shores real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Oak Trail Shores 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.

Real estate vacancies in Oak Trail Shores are 3.6%, which is lower than one will find in 76.1% of American neighborhoods. Demand for real estate in Oak Trail Shores is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Occupations

More people work in manufacturing and as laborers here in the Oak Trail Shores neighborhood than in 99.9% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 98.1% of all neighborhoods in America, with 42.5% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Oak Trail Shores neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Oak Trail Shores neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 11.4% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 96.7% of all neighborhoods in America.

People

One of the unique characteristics of the Oak Trail Shores neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.8% of the neighborhoods in America.

Modes of Transportation

In the Oak Trail Shores neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 22.3% of commuters carpool here, which is more than in 95.2% of all U.S. neighborhoods.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Oak Trail Shores neighborhood in Granbury are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.8% of U.S. neighborhoods. In addition, 10.3% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 50.2% of America'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 Oak Trail Shores neighborhood, 65.1% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 13.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.2%), and 8.6% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Oak Trail Shores neighborhood is English, spoken by 68.1% of households. Some people also speak Spanish (31.9%).

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 Oak Trail Shores neighborhood in Granbury, TX, residents most commonly identify their ethnicity or ancestry as Mexican (31.2%). There are also a number of people of English ancestry (9.7%), and residents who report German roots (3.2%), and some of the residents are also of Italian ancestry (2.9%), along with some Irish ancestry residents (2.6%), among others. In addition, 11.3% 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 Oak Trail Shores neighborhood spend between 45 minutes and one hour commuting one-way to work (29.8% of working residents), longer and tougher than most commutes in America.

Here most residents (77.7%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (22.3%) . 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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