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Red Oak, TX Real Estate


According to census data in the year 2000 there were 1,579 housing units in Red Oak. This represents a 34.5% growth from 1,174 in 1990.

Of those housing units, 1,446 were located in either urbanized areas or urban clusters, and 133 were located in what is classified as a rural area.

Homeownership rate in Red Oak is about 66.6%. Red Oak's vacancy rate, including seasonal lodging, is about 5.1%. Average household size is 2.78 people.

The majority of houses, apartments or condos in Red Oak were built after 1984.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom13.30%
Two Bedrooms23.70%
Three Bedrooms47.50%
Four Bedrooms14.20%
Five Bedrooms or more0.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.02
Median year structure was built1985
Median Value of occupied units$87,600
Median Price asked for vacant units$140,000

Rented Homes, Apartments and Condos

Average Household Size2.29
Median year structure was built1983
Median Monthly Rent asked for vacant units$643

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.50%
Home Equity Loan2%
Simple Mortgage63.60%
Debt Free31.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.5%