Melvin, TX Real Estate
According to census data in the year 2000 there were 108 housing units in Melvin.
This represents a 5.3% decline from 114 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 108 were located in what is classified as a rural area.
Homeownership rate in Melvin is about 84.7%.
Melvin's vacancy rate, including seasonal lodging, is about 33.3%.
Average household size is 2.22 people.
The majority of houses, apartments or condos in Melvin were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 13% |
| Two Bedrooms | 74.10% |
| Three Bedrooms | 13% |
| Four Bedrooms | 0% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.84 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $23,800 |
| Median Price asked for vacant units | $9,999 |
Rented Homes, Apartments and Condos
| Average Household Size | 4.36 |
| Median year structure was built | 1939 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 27.90% |
| Debt Free | 72.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.1% |
