Fair Oaks Ranch, TX Real Estate
According to census data in the year 2000 there were 1,758 housing units in Fair Oaks Ranch.
This represents a 144.5% growth from 719 in 1990.
Of those housing units, 1,605 were located in either urbanized areas or urban clusters, and 153 were located in what is classified as a rural area.
Homeownership rate in Fair Oaks Ranch is about 96.5%.
Fair Oaks Ranch's vacancy rate, including seasonal lodging, is about 0.8%.
Average household size is 2.77 people.
The majority of houses, apartments or condos in Fair Oaks Ranch were built after 1991.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0% |
| Two Bedrooms | 2.70% |
| Three Bedrooms | 46.50% |
| Four Bedrooms | 41% |
| Five Bedrooms or more | 9.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.77 |
| Median year structure was built | 1991 |
| Median Value of occupied units | $269,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 3 |
| Median year structure was built | 1989 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.70% |
| Home Equity Loan | 4.30% |
| Simple Mortgage | 63.10% |
| Debt Free | 27.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20% |
