Southlake, TX Real Estate
According to census data in the year 2000 there were 6,602 housing units in Southlake.
This represents a 170% growth from 2,445 in 1990.
Of those housing units, 6,471 were located in either urbanized areas or urban clusters, and 131 were located in what is classified as a rural area.
Homeownership rate in Southlake is about 96.7%.
Southlake's vacancy rate, including seasonal lodging, is about 3.5%.
Average household size is 3.37 people.
The majority of houses, apartments or condos in Southlake were built after 1994.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 0.20% |
| Two Bedrooms | 5.40% |
| Three Bedrooms | 20.50% |
| Four Bedrooms | 49% |
| Five Bedrooms or more | 24.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.39 |
| Median year structure was built | 1994 |
| Median Value of occupied units | $341,400 |
| Median Price asked for vacant units | $437,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.82 |
| Median year structure was built | 1980 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 13.30% |
| Home Equity Loan | 8% |
| Simple Mortgage | 68.70% |
| Debt Free | 9.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.9% |
