Arp, TX Real Estate
According to census data in the year 2000 there were 419 housing units in Arp.
This represents a 11.1% growth from 377 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 419 were located in what is classified as a rural area.
Homeownership rate in Arp is about 83%.
Arp's vacancy rate, including seasonal lodging, is about 11.7%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Arp were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 3.80% |
| Two Bedrooms | 38.70% |
| Three Bedrooms | 46.80% |
| Four Bedrooms | 8.60% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $48,400 |
| Median Price asked for vacant units | $25,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.30% |
| Home Equity Loan | 1.30% |
| Simple Mortgage | 49.30% |
| Debt Free | 48% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.6% |
