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Morgan's Point Resort, TX Real Estate


According to census data in the year 2000 there were 1,200 housing units in Morgan's Point Resort. This represents a 54.2% growth from 778 in 1990.

Of those housing units, 1,196 were located in either urbanized areas or urban clusters, and 4 were located in what is classified as a rural area.

Homeownership rate in Morgan's Point Resort is about 88.6%. Morgan's Point Resort's vacancy rate, including seasonal lodging, is about 6.9%. Average household size is 2.7 people.

The majority of houses, apartments or condos in Morgan's Point Resort were built after 1986.

Statistics

Housing Size

Housing Units by Size
Studio Type3.90%
One Bedroom4.20%
Two Bedrooms16%
Three Bedrooms62.90%
Four Bedrooms13%
Five Bedrooms or more0%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1987
Median Value of occupied units$91,800
Median Price asked for vacant units$60,000

Rented Homes, Apartments and Condos

Average Household Size2.15
Median year structure was built1980
Median Monthly Rent asked for vacant units$313

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.50%
Home Equity Loan3.60%
Simple Mortgage68.50%
Debt Free26.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.1%