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Groesbeck, TX Real Estate


According to census data in the year 2000 there were 1,460 housing units in Groesbeck. This represents a 3.9% growth from 1,405 in 1990.

Of those housing units, 1,327 were located in either urbanized areas or urban clusters, and 133 were located in what is classified as a rural area.

Homeownership rate in Groesbeck is about 65.9%. Groesbeck's vacancy rate, including seasonal lodging, is about 11%. Average household size is 2.59 people.

The majority of houses, apartments or condos in Groesbeck were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type2.40%
One Bedroom7.20%
Two Bedrooms36.60%
Three Bedrooms45.80%
Four Bedrooms7.30%
Five Bedrooms or more0.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1971
Median Value of occupied units$50,900
Median Price asked for vacant units$46,000

Rented Homes, Apartments and Condos

Average Household Size2.76
Median year structure was built1968
Median Monthly Rent asked for vacant units$415

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.40%
Home Equity Loan1.30%
Simple Mortgage49.30%
Debt Free46.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.1%