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Texas Real Estate


According to census data in the year 2000 there were 8,157,575 housing units in Texas. This represents a 16.4% from 7,008,999 in 1990.

Of those housing units, 6,587,020 were located in either urbanized areas or urban clusters, and 1,570,555 were located in what is classified as a rural area.

Homeownership rate in Texas is about 63.8%. Texas's vacancy rate, including seasonal lodging, is about 9.4%. Average household size is 2.74 people.

The majority of houses, apartments or condos in Texas were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type3.5%
One Bedroom16%
Two Bedrooms26.6%
Three Bedrooms39.3%
Four Bedrooms12.7%
Five Bedrooms or more1.9%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.89
Median year structure was built1977
Median Value of occupied units$82,500
Median Price asked for vacant units$69,100

Rented Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1977
Median Monthly Rent asked for vacant units$476

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.1%
Second Mortgage3.0%
Home Equity Loan3.3%
Simple Mortgage57.9%
Debt Free35.8%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.4%

Cities & Towns


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