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Real Estate Prices & Overview

Macarthur Commons / Cardinal Village median real estate price is $363,087, which is more expensive than 60.2% of the neighborhoods in Texas and 46.6% of the neighborhoods in the U.S.

The average rental price in Macarthur Commons / Cardinal Village is currently $1,914, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.1% of Texas neighborhoods.

Macarthur Commons / Cardinal Village is an urban neighborhood (based on population density) located in Irving, Texas.

Macarthur Commons / Cardinal Village 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Macarthur Commons / Cardinal Village neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Macarthur Commons / Cardinal Village are 5.7%, which is lower than one will find in 61.9% of American neighborhoods. Demand for real estate in Macarthur Commons / Cardinal Village 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

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 Irving, the Macarthur Commons / Cardinal Village neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Renter-occupied real estate is dominant in the Macarthur Commons / Cardinal Village neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 91.4%, which is higher than 97.2% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

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 Macarthur Commons / Cardinal Village neighborhood in Irving are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 72.6% of U.S. neighborhoods. In addition, 6.4% 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 60.4% 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 Macarthur Commons / Cardinal Village neighborhood, 35.1% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 27.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (23.8%), and 13.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Macarthur Commons / Cardinal Village neighborhood is Spanish, spoken by 51.3% of households. Some people also speak English (44.8%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Macarthur Commons / Cardinal Village neighborhood in Irving, TX, residents most commonly identify their ethnicity or ancestry as Mexican (37.7%). There are also a number of people of South American ancestry (5.4%), and residents who report English roots (3.9%), and some of the residents are also of Asian ancestry (3.4%), along with some Irish ancestry residents (3.0%), among others. In addition, 35.5% 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 Macarthur Commons / Cardinal Village neighborhood spend between 15 and 30 minutes commuting one-way to work (48.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (64.3%) 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 (13.6%) . 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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