Terrell, TX Real Estate
According to census data in the year 2000 there were 5,050 housing units in Terrell.
This represents a 6.7% growth from 4,735 in 1990.
Of those housing units, 4,165 were located in either urbanized areas or urban clusters, and 885 were located in what is classified as a rural area.
Homeownership rate in Terrell is about 58%.
Terrell's vacancy rate, including seasonal lodging, is about 9.1%.
Average household size is 2.78 people.
The majority of houses, apartments or condos in Terrell were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 10.90% |
| Two Bedrooms | 34.40% |
| Three Bedrooms | 44.90% |
| Four Bedrooms | 7.60% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.79 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $66,500 |
| Median Price asked for vacant units | $52,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.76 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $593 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 2.50% |
| Home Equity Loan | 1.90% |
| Simple Mortgage | 47.10% |
| Debt Free | 48.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
