Flower Mound, TX Real Estate
According to census data in the year 2000 there were 16,970 housing units in Flower Mound.
This represents a 216.3% growth from 5,366 in 1990.
Of those housing units, 16,423 were located in either urbanized areas or urban clusters, and 547 were located in what is classified as a rural area.
Homeownership rate in Flower Mound is about 92.7%.
Flower Mound's vacancy rate, including seasonal lodging, is about 3.9%.
Average household size is 3.13 people.
The majority of houses, apartments or condos in Flower Mound were built after 1994.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 2% |
| Two Bedrooms | 5.10% |
| Three Bedrooms | 35.50% |
| Four Bedrooms | 49.20% |
| Five Bedrooms or more | 7.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.14 |
| Median year structure was built | 1994 |
| Median Value of occupied units | $183,500 |
| Median Price asked for vacant units | $218,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.96 |
| Median year structure was built | 1987 |
| Median Monthly Rent asked for vacant units | $876 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 10.60% |
| Home Equity Loan | 4.60% |
| Simple Mortgage | 78.20% |
| Debt Free | 6.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.9% |
