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Lake Tanglewood, TX Real Estate


According to census data in the year 2000 there were 435 housing units in Lake Tanglewood. This represents a 33.8% growth from 325 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 435 were located in what is classified as a rural area.

Homeownership rate in Lake Tanglewood is about 97.7%. Lake Tanglewood's vacancy rate, including seasonal lodging, is about 18.9%. Average household size is 2.27 people.

The majority of houses, apartments or condos in Lake Tanglewood were built after 1980.

Statistics

Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom2.10%
Two Bedrooms17.90%
Three Bedrooms52.90%
Four Bedrooms20.90%
Five Bedrooms or more4.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1980
Median Value of occupied units$209,500
Median Price asked for vacant units$225,000

Rented Homes, Apartments and Condos

Average Household Size3.38
Median year structure was built1970

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.10%
Home Equity Loan3.90%
Simple Mortgage49.40%
Debt Free44.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.2%