Lorenzo, TX Real Estate
According to census data in the year 2000 there were 529 housing units in Lorenzo.
This represents a 8.8% growth from 486 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 529 were located in what is classified as a rural area.
Homeownership rate in Lorenzo is about 70.4%.
Lorenzo's vacancy rate, including seasonal lodging, is about 9.8%.
Average household size is 2.9 people.
The majority of houses, apartments or condos in Lorenzo were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 10.40% |
| Two Bedrooms | 33.50% |
| Three Bedrooms | 49.10% |
| Four Bedrooms | 5.90% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.81 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $36,000 |
| Median Price asked for vacant units | $19,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.13 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.70% |
| Home Equity Loan | 0% |
| Simple Mortgage | 41.70% |
| Debt Free | 55.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.1% |
