University Park, TX Real Estate
According to census data in the year 2000 there were 8,501 housing units in University Park.
This represents a 5.4% decline from 8,983 in 1990.
Of those housing units, 8,501 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in University Park is about 68.9%.
University Park's vacancy rate, including seasonal lodging, is about 5.7%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in University Park were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 12.10% |
| Two Bedrooms | 24.70% |
| Three Bedrooms | 30.40% |
| Four Bedrooms | 24.20% |
| Five Bedrooms or more | 7.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.01 |
| Median year structure was built | 1950 |
| Median Value of occupied units | $549,400 |
| Median Price asked for vacant units | $423,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.65 |
| Median year structure was built | 1952 |
| Median Monthly Rent asked for vacant units | $919 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.40% |
| Home Equity Loan | 5.50% |
| Simple Mortgage | 54.90% |
| Debt Free | 33.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.6% |
