These 4 up-and-coming Texas neighborhoods have it all, real estate experts say
Prospective homebuyers in search of a neighborhood that "has it all" have four strong options in Texas. That's according to Redfin's 2018 list of the 25 neighborhoods in the U.S. that have everything a buyer wants: affordable homes, lots of inventory, good schools, an easy commute, and relatively low crime.
To determine the rankings, the real estate website's analysts looked at ZIP codes with a median home sale price below $291,700 (the national median) and selected those with homes on the market for at least 46 days. Redfin required a GreatSchools rating of 5 or higher and a transit score of 50 or more, and the ranking "favored places with lower reported violent crime."
Neighborhoods in Houston, San Antonio, Dallas, and Fort Worth make the list.
Houston's Independence Heights is No. 13. The area has a median sales price of only $137,000; homes are on the market a median of 69 days; and the crime rate is the lowest among the Texas neighborhoods on the list, at 61.
Lafayette Place in San Antonio ranks No. 19. The 78229 ZIP code has a median sales price of $142,500. As of December 2017, there were 59 homes for sale, and houses in the area spend a median 52 days on the market.
Also on the list are Dallas' Cadillac Heights, located near Bishop Arts, at No. 21, and Fort Worth's 76102 ZIP code, which encompasses downtown, at No. 23. All that's missing is a hip Austin 'hood.
While Texas fares well, Illinois shines with 14 neighborhoods on the list — 11 in the Chicago area alone.