Minters Chapel is a secluded area in the city of Grapevine, Texas, United States. A large proportion of the housing stock in Minters Chapel consists of mobile homes of medium size (three or four bedrooms). The vast majority of residential real estate is owned and occupied by the property’s owner. Although the Minters Chapel neighborhood is established, many of the homes there are not old, having been built between 1970 and 1999. A handful of residences have also been constructed between the years 2000 and the present.
Minters Chapel is a town where vacant apartments and residences are a common occurrence. The current vacancy rate in the local real estate market is 100.0 percent. This is higher than the rate of vacancy in 100.0 percent of all neighborhoods in the United States. Furthermore, the majority of unoccupied housing in this area is vacant all year.
Especially in communities dominated by new development that has not yet been occupied, this can sometimes be the case. While high vacancy rates are not uncommon in some communities, they are frequently associated with areas that are plagued by long-term vacancy issues. If you reside in this area, you may notice that a number of the buildings in your neighborhood are genuinely vacant at times.
Notably, the Minters Chapel neighborhood boasts one of the lowest rates of children living in poverty of any neighborhood in the United States, making it a desirable destination for families. This is especially true in a country where nearly one out of every four children lives in poverty, and the Minters Chapel community genuinely stands out from the others in this aspect.
A second finding of the Minters Chapel neighborhood’s exclusive research is that 100.0 percent of the adult residents do not have a 4-year college degree, which is a lower rate of college-educated adults than is seen in 99.5 percent of all neighborhoods in the United States.
The Minters Chapel neighborhood is notable for the fact that mobile homes make up the vast majority of the residential real estate in the area. In fact, mobile homes account for 100.0 percent of all inhabited real estate in this area, which is a higher proportion than the 100.0 percent found in 100.0 percent of all communities in the United States. For those who enjoy mobile homes, this can be a good location in which to hunt for real estate to rent or purchase.
This neighborhood also has a high number of vacant houses and apartments, which is an important characteristic. In fact, with 100.0% of the residential real estate vacant, the Minters Chapel neighborhood claims the distinction of having a higher vacancy rate than 100.0% 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.