SE Loop 338 E / Lone Star Dr median real estate price is $418,620, which is more expensive than 71.0% of the neighborhoods in Texas and 55.8% of the neighborhoods in the U.S.
The average rental price in SE Loop 338 E / Lone Star Dr is currently $1,586, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.1% of Texas neighborhoods.
SE Loop 338 E / Lone Star Dr is a remote neighborhood (based on population density) located in Odessa, Texas.
SE Loop 338 E / Lone Star Dr real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the SE Loop 338 E / Lone Star Dr neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In SE Loop 338 E / Lone Star Dr, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in SE Loop 338 E / Lone Star Dr is very tight compared to the demand for property here.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
With a real estate vacancy rate of only 0.0%, the SE Loop 338 E / Lone Star Dr 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.
In addition, the real estate in this neighborhood consists of more mobile homes than 96.7% of all neighborhoods in America, with 35.1% 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.
Furthermore, if you like the look and ambience of new homes and newly built neighborhoods, you will love the SE Loop 338 E / Lone Star Dr neighborhood. A whopping 69.6% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 95.7% of the neighborhoods in the U.S. Everything here just feels new.
More people work in manufacturing and as laborers here in the SE Loop 338 E / Lone Star Dr neighborhood than in 100.0% 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.
Of particular note, 17.0% of the people in the SE Loop 338 E / Lone Star Dr neighborhood currently reside in a correction facility, held due to punishment for a crime.
In addition, neighborhoodScout's exclusive research revealed that 96.9% of the adult residents in the SE Loop 338 E / Lone Star Dr neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 98.3% of the neighborhoods in America.
Did you know that the SE Loop 338 E / Lone Star Dr neighborhood has more Scots-Irish and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.4% of this neighborhood's residents have Scots-Irish ancestry and 8.5% have Scottish ancestry.
SE Loop 338 E / Lone Star Dr is also pretty special linguistically. Significantly, 69.2% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.3% of all U.S. neighborhoods.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the SE Loop 338 E / Lone Star Dr neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.1% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 SE Loop 338 E / Lone Star Dr neighborhood in Odessa are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 55.8% of the neighborhoods in America. With 35.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 86.1% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the SE Loop 338 E / Lone Star Dr neighborhood, 76.4% 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 10.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (9.3%), and 4.4% in clerical, assistant, and tech support occupations.
The most common language spoken in the SE Loop 338 E / Lone Star Dr neighborhood is Spanish, spoken by 69.2% of households. Some people also speak English (29.6%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the SE Loop 338 E / Lone Star Dr neighborhood in Odessa, TX, residents most commonly identify their ethnicity or ancestry as Mexican (70.1%). There are also a number of people of Scottish ancestry (8.5%), and residents who report Scots-Irish roots (7.4%), and some of the residents are also of German ancestry (2.8%), along with some Irish ancestry residents (2.4%), among others. In addition, 25.5% of the residents of this neighborhood were born in another country.
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 SE Loop 338 E / Lone Star Dr neighborhood spend between 15 and 30 minutes commuting one-way to work (44.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (75.0%) 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 (12.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.