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Mustang Ridge, TX Real Estate


According to census data in the year 2000 there were 281 housing units in Mustang Ridge. This represents a 41.9% growth from 198 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 281 were located in what is classified as a rural area.

Homeownership rate in Mustang Ridge is about 89.5%. Mustang Ridge's vacancy rate, including seasonal lodging, is about 8.5%. Average household size is 3.05 people.

The majority of houses, apartments or condos in Mustang Ridge were built after 1982.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom6.80%
Two Bedrooms22.10%
Three Bedrooms51.60%
Four Bedrooms14.20%
Five Bedrooms or more4.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.05
Median year structure was built1983
Median Value of occupied units$83,600
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size3.04
Median year structure was built1975

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage52.70%
Debt Free47.30%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs15.1%