Home

Lorena, TX Real Estate


According to census data in the year 2000 there were 562 housing units in Lorena. This represents a 34.4% growth from 418 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 562 were located in what is classified as a rural area.

Homeownership rate in Lorena is about 70.6%. Lorena's vacancy rate, including seasonal lodging, is about 3.7%. Average household size is 2.68 people.

The majority of houses, apartments or condos in Lorena were built after 1983.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom7.80%
Two Bedrooms19.80%
Three Bedrooms59.80%
Four Bedrooms10.10%
Five Bedrooms or more1.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.86
Median year structure was built1982
Median Value of occupied units$80,500
Median Price asked for vacant units$57,500

Rented Homes, Apartments and Condos

Average Household Size2.23
Median year structure was built1984
Median Monthly Rent asked for vacant units$475

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.10%
Home Equity Loan3.90%
Simple Mortgage65.70%
Debt Free29.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.6%