Wells, TX Real Estate
According to census data in the year 2000 there were 314 housing units in Wells.
This represents a 9.5% decline from 347 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 314 were located in what is classified as a rural area.
Homeownership rate in Wells is about 65.1%.
Wells's vacancy rate, including seasonal lodging, is about 18.8%.
Average household size is 2.55 people.
The majority of houses, apartments or condos in Wells were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 8.90% |
| Two Bedrooms | 43.60% |
| Three Bedrooms | 41.70% |
| Four Bedrooms | 4.50% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $33,700 |
| Median Price asked for vacant units | $20,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.84 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $146 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.50% |
| Home Equity Loan | 0% |
| Simple Mortgage | 28.20% |
| Debt Free | 66.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.8% |
