El Lago, TX Real Estate
According to census data in the year 2000 there were 1,462 housing units in El Lago.
This represents a 0.6% growth from 1,453 in 1990.
Of those housing units, 1,462 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in El Lago is about 69.7%.
El Lago's vacancy rate, including seasonal lodging, is about 6.7%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in El Lago were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 19% |
| Two Bedrooms | 16.60% |
| Three Bedrooms | 28.10% |
| Four Bedrooms | 32.10% |
| Five Bedrooms or more | 4.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.77 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $128,500 |
| Median Price asked for vacant units | $112,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.65 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $591 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.50% |
| Home Equity Loan | 4% |
| Simple Mortgage | 65.10% |
| Debt Free | 29.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.3% |
