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El Lago, TX Real Estate


According to census data in the year 2000 there were 1,462 housing units in El Lago. This represents a 0.6% growth from 1,453 in 1990.

Of those housing units, 1,462 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in El Lago is about 69.7%. El Lago's vacancy rate, including seasonal lodging, is about 6.7%. Average household size is 2.43 people.

The majority of houses, apartments or condos in El Lago were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom19%
Two Bedrooms16.60%
Three Bedrooms28.10%
Four Bedrooms32.10%
Five Bedrooms or more4.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1971
Median Value of occupied units$128,500
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size1.65
Median year structure was built1973
Median Monthly Rent asked for vacant units$591

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.50%
Home Equity Loan4%
Simple Mortgage65.10%
Debt Free29.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.3%