Dripping Springs, TX Real Estate
According to census data in the year 2000 there were 584 housing units in Dripping Springs.
This represents a 46.4% growth from 399 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 584 were located in what is classified as a rural area.
Homeownership rate in Dripping Springs is about 68.5%.
Dripping Springs's vacancy rate, including seasonal lodging, is about 5%.
Average household size is 2.84 people.
The majority of houses, apartments or condos in Dripping Springs were built after 1983.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.90% |
| Two Bedrooms | 20.90% |
| Three Bedrooms | 56% |
| Four Bedrooms | 14% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.7 |
| Median year structure was built | 1983 |
| Median Value of occupied units | $145,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.16 |
| Median year structure was built | 1981 |
| Median Monthly Rent asked for vacant units | $1,125 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5% |
| Home Equity Loan | 4.70% |
| Simple Mortgage | 53.90% |
| Debt Free | 36.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.3% |
