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Arp, TX Real Estate


According to census data in the year 2000 there were 419 housing units in Arp. This represents a 11.1% growth from 377 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 419 were located in what is classified as a rural area.

Homeownership rate in Arp is about 83%. Arp's vacancy rate, including seasonal lodging, is about 11.7%. Average household size is 2.45 people.

The majority of houses, apartments or condos in Arp were built after 1965.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom3.80%
Two Bedrooms38.70%
Three Bedrooms46.80%
Four Bedrooms8.60%
Five Bedrooms or more1.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1966
Median Value of occupied units$48,400
Median Price asked for vacant units$25,000

Rented Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1965
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.30%
Home Equity Loan1.30%
Simple Mortgage49.30%
Debt Free48%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.6%