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Real Estate Prices & Overview

Braesridge Dr / Portal Dr median real estate price is $488,473, which is more expensive than 81.6% of the neighborhoods in Texas and 66.0% of the neighborhoods in the U.S.

The average rental price in Braesridge Dr / Portal Dr is currently $1,305, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 84.8% of Texas neighborhoods.

Braesridge Dr / Portal Dr is an urban neighborhood (based on population density) located in Houston, Texas.

Braesridge Dr / Portal Dr real estate is primarily made up of small (studio to two bedroom) to large (four, five or more bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Braesridge Dr / Portal 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 Braesridge Dr / Portal Dr. The current real estate vacancy rate here is 36.9%. This is higher than the rate of vacancies in 96.9% 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

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 Houston, the Braesridge Dr / Portal Dr neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the Braesridge Dr / Portal Dr neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, one of the most interesting things about the Braesridge Dr / Portal Dr neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 56.1% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 98.0% of the neighborhoods in America.

Real Estate

The Braesridge Dr / Portal Dr neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 89.8% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

In addition, 93.2% of the real estate in the Braesridge Dr / Portal Dr neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 36.9% of the residential real estate vacant, the Braesridge Dr / Portal Dr neighborhood claims the distinction of having a higher vacancy rate than 96.9% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

Furthermore, one of the really unique and interesting things about the look and setting of the Braesridge Dr / Portal Dr neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 73.9% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.7% of all neighborhoods in America.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 96.8% of U.S. neighborhoods.

Diversity

Did you know that the Braesridge Dr / Portal Dr neighborhood has more Swedish and Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.1% of this neighborhood's residents have Swedish ancestry and 11.1% have Dutch ancestry.

Braesridge Dr / Portal Dr is also pretty special linguistically. Significantly, 1.2% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 97.6% of the neighborhoods in America.

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 Braesridge Dr / Portal Dr neighborhood in Houston are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 40.5% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Braesridge Dr / Portal Dr neighborhood, 29.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 28.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (26.5%), and 15.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Braesridge Dr / Portal Dr neighborhood is English, spoken by 87.1% of households. Some people also speak Spanish (3.2%).

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 Braesridge Dr / Portal Dr neighborhood in Houston, TX, residents most commonly identify their ethnicity or ancestry as Mexican (12.3%). There are also a number of people of Sub-Saharan African ancestry (11.7%), and residents who report Swedish roots (11.1%), and some of the residents are also of Dutch ancestry (11.1%), along with some African ancestry residents (2.4%), among others. In addition, 13.3% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Braesridge Dr / Portal Dr neighborhood spend between 45 minutes and one hour commuting one-way to work (42.6% of working residents), longer and tougher than most commutes in America.

Here most residents (74.3%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus 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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