Farwell, TX Real Estate

According to census data in the year 2000 there were 563 housing units in Farwell. This represents a 2.9% growth from 547 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 563 were located in what is classified as a rural area.

Homeownership rate in Farwell is about 81.3%. Farwell's vacancy rate, including seasonal lodging, is about 8.7%. Average household size is 2.58 people.

The majority of houses, apartments or condos in Farwell were built after 1963.


Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom6.70%
Two Bedrooms35.90%
Three Bedrooms46.70%
Four Bedrooms8.50%
Five Bedrooms or more0.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1963
Median Value of occupied units$51,400
Median Price asked for vacant units$37,500

Rented Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1962
Median Monthly Rent asked for vacant units$308

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0.60%
Home Equity Loan1.10%
Simple Mortgage44.50%
Debt Free53.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.4%