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Real Estate Prices & Overview

Waterview / Liberty Grove median real estate price is $604,656, which is more expensive than 88.9% of the neighborhoods in Texas and 74.9% of the neighborhoods in the U.S.

The average rental price in Waterview / Liberty Grove is currently $1,937, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 60.4% of the neighborhoods in Texas.

Waterview / Liberty Grove is a suburban neighborhood (based on population density) located in Rowlett, Texas.

Waterview / Liberty Grove real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Waterview / Liberty Grove neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Waterview / Liberty Grove has a 15.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 78.5% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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 Rowlett, the Waterview / Liberty Grove neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Waterview / Liberty Grove neighborhood has a highly unusual pattern of car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 44.7% of the households here have four, five, or more cars. That is more cars per household than in 99.1% of the neighborhoods in the nation.

Real Estate

If you like the look and ambience of new homes and newly built neighborhoods, you will love the Waterview / Liberty Grove neighborhood. A whopping 84.3% 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 98.0% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

People

A majority of the adults in the Waterview / Liberty Grove neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Texas by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 96.4% of the neighborhoods in Texas. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for active retirees.

Diversity

Did you know that the Waterview / Liberty Grove neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.7% of this neighborhood's residents have African ancestry and 13.0% have Sub-Saharan African ancestry.

Waterview / Liberty Grove is also pretty special linguistically. Significantly, 4.4% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 98.3% 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 Waterview / Liberty Grove neighborhood in Rowlett are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 91.0% of the neighborhoods in America. With 16.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.4% 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 Waterview / Liberty Grove neighborhood, 64.1% 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 12.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (12.5%), and 10.6% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Waterview / Liberty Grove neighborhood is English, spoken by 85.9% of households. Other important languages spoken here include Spanish, African languages, Tagalog (the first language of the Philippine region) and Vietnamese.

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 Waterview / Liberty Grove neighborhood in Rowlett, TX, residents most commonly identify their ethnicity or ancestry as Mexican (16.6%). There are also a number of people of Sub-Saharan African ancestry (13.0%), and residents who report English roots (10.1%), and some of the residents are also of German ancestry (9.4%), along with some Asian ancestry residents (9.0%), among others. In addition, 13.3% 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 Waterview / Liberty Grove neighborhood spend between 15 and 30 minutes commuting one-way to work (32.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (83.4%) drive alone in a private automobile to get to work. 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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