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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 Type0.20%
One Bedroom0.20%
Two Bedrooms5.40%
Three Bedrooms20.50%
Four Bedrooms49%
Five Bedrooms or more24.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.39
Median year structure was built1994
Median Value of occupied units$341,400
Median Price asked for vacant units$437,800

Rented Homes, Apartments and Condos

Average Household Size2.82
Median year structure was built1980

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage13.30%
Home Equity Loan8%
Simple Mortgage68.70%
Debt Free9.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.9%