Overlook Dr is a residential street around Grapevine in the state of Texas. Overlook Dr real estate is mostly comprised of single-family homes ranging in size from medium (three or four bedrooms) to small (studio to two bedrooms), as well as apartment complexes and high-rise apartments. The majority of residential real estate is occupied by a mix of owners and tenants, with the exception of a few vacant lots.
Overlook Dr currently has a vacancy rate of 2.2 percent, which is lower than the national average of 90.7 percent, which is the lowest rate of vacancy in the country. This means that the home supply in Overlook Dr is extremely limited when compared to the demand for real estate in this area of town.
When compared to other communities, Overlook Dr stands out as rather distinctive in that nearly all of its residential real estate was constructed between 1970 and 1999, which is generally considered to be established, but not old housing, making it a pretty interesting case study.
For executives and professionals looking for a community that offers an executive lifestyle, or simply looking to see where other executives live in the region, the Overlook Dr neighborhood should be high on your list of potential neighborhoods to check out.
Residents include a variety of wealthy executives, managers, and professionals who live in big mansions with reasonably steady real estate values. Texas’s executive lifestyle neighborhoods rank among the top 12.4 percent of all neighborhoods in the state. Additionally, this Overlook Dr community has more people of Eastern European and Romanian origin residing in it than almost any other neighborhood in the United States, making it a particularly attractive option for highly educated executives. In actuality, Eastern European heritage is represented by 2.3 percent of the neighborhood’s people, while Romanian ancestry is represented by 1.4 percent.
Overlook Dr. is also noteworthy for its linguistic qualities. Significantly, 0.7 percent of its population aged five and up speak predominantly Japanese at home, a figure that is rising. However, while this may appear to be a small percentage, it is more than the 95.6 percent of neighborhoods in the United States.
The affluence of a neighborhood, ranging from extremely wealthy to middle-income to low-income, has a significant impact on the personality and character of a community. It is also vital to consider the percentage of people, particularly children, who live below the federal poverty threshold.