3 census tracts · pop 13,014 · pop-weighted Eviction Risk Score 3.8/10
· range 3–4.7
Terrace Oaks Phase 1 is a 3-tract neighborhood of Corinth, TX, population 13,014. The Eviction Risk Score is 3.8/10, in the Lower tier. 58% of renters here are cost-burdened at the 30% threshold, well clear of the Corinth rate of 33.2%.
The clearest offset is economic stress, at 2/10. Scores across the 3 constituent tracts range from 3 to 4.7. A 1.7-point internal spread means block-level underwriting beats area-level here. Running cool is eviction-process difficulty, at 2.6/10.
Average gross rent is $2,071, 10% above the Corinth average of $1,891. At 23% renter-occupied, this is predominantly owner territory, and rental comps have to be drawn from further out. The closest comparables inside the same city are Millenium Place and Provence.
Annual rent works out to 24% of average household income of $102,268.
Underwrite the address, not the area: with 1.7 points between its best and worst tract, the per-tract table below is the operative number. Scores move when the ACS release, the court-record feed, or the statute ledger behind them moves.
Risk score
3.8
Lower
3 tracts · population-weighted
Terrace Oaks Phase 1 vs CorinthHow this neighborhood stacks against the citywide average
Single-parent HH, disability, language barriers, age 17- / 65+
Racial/ethnic minority55%ile
Hispanic + non-white share of population
Housing & transport17%ile
Multi-unit structures, mobile homes, crowding, no vehicle
Eviction filings · Princeton Eviction Lab
Court-record eviction history in Terrace Oaks Phase 1
Aggregated across 0 validated constituent tracts. Filing rate is filings per 100 renter households, pop-weighted.
Pandemic-era tracking (2020–2021)
164Total filings 2020-21
0.8Avg monthly observed
1.4Pre-pandemic baseline
0.59×Ratio to baseline
Pandemic filings ran far below baseline. Tracked under Eviction Lab Eviction Tracking System (Fort Worth, TX).
Frequently asked
About Terrace Oaks Phase 1
Q1
What is the eviction-risk score for Terrace Oaks Phase 1?
Terrace Oaks Phase 1 scores 3.8/10 (Lower tier) across 3 census tracts. The pop-weighted Eviction Risk Score blends state law, county filing rates, parent-city politics, and tract-specific rent-to-income and poverty signals.
Q2
How does Terrace Oaks Phase 1 compare to Corinth overall?
Terrace Oaks Phase 1 scores 0.3 points higher than Corinth overall (3.5/10). Renters spend 58% of income on rent vs 33% citywide. Average rent: $2,071 vs $1,891.
Q3
What is the average rent in Terrace Oaks Phase 1?
Average gross rent in Terrace Oaks Phase 1 is $2,071/month (pop-weighted across 3 census tracts, ACS 5-year 2023). 58% of renter households are cost-burdened.
Q4
What percentage of Terrace Oaks Phase 1 residents are renters?
23% of Terrace Oaks Phase 1 households are renter-occupied (vs 23% in Corinth). The neighborhood has 13,014 residents.
Q5
Is Terrace Oaks Phase 1 a high social-vulnerability area?
Terrace Oaks Phase 1 sits in the 29th percentile nationally on the CDC Social Vulnerability Index (less vulnerable). The index combines poverty, unemployment, household composition, racial/ethnic minority share, and housing/transportation factors across all US census tracts.
Q6
Which tracts in Terrace Oaks Phase 1 have the highest eviction risk?
The highest-risk constituent tract in Terrace Oaks Phase 1 is census tract 48121021416 (score 4.7/10). Across the 3 tracts in this neighborhood the score ranges from 3 to 4.7, a spread of 1.7 points.
Q7
How safe is Terrace Oaks Phase 1 for landlords?
Terrace Oaks Phase 1 carries a lower-tier eviction-risk profile for landlords (3.8/10). Pop-weighted across 3 constituent tracts, the score blends parent-city rent-control posture, county eviction-process timelines, and tract-specific rent-to-income / poverty signals. Compared to Corinth as a whole (3.5/10), this neighborhood is in line with the citywide level.
Q8
What is the demographic breakdown of Terrace Oaks Phase 1?
Terrace Oaks Phase 1 has 13,243 residents. Top groups: White (non-Hispanic) (58.6%), Hispanic / Latino (25.7%), Black (non-Hispanic) (9.3%). Source: ACS 5-year 2023, table B03002.
