Melissa, TX Real Estate
According to census data in the year 2000 there were 470 housing units in Melissa.
This represents a 88% growth from 250 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 470 were located in what is classified as a rural area.
Homeownership rate in Melissa is about 81.3%.
Melissa's vacancy rate, including seasonal lodging, is about 5.5%.
Average household size is 2.92 people.
The majority of houses, apartments or condos in Melissa were built after 1984.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 4.50% |
| Two Bedrooms | 24.90% |
| Three Bedrooms | 35.70% |
| Four Bedrooms | 27.40% |
| Five Bedrooms or more | 6.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.93 |
| Median year structure was built | 1987 |
| Median Value of occupied units | $218,800 |
| Median Price asked for vacant units | $225,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.86 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 6.40% |
| Home Equity Loan | 5% |
| Simple Mortgage | 57.90% |
| Debt Free | 30.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.1% |
