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Lake City, TX Real Estate


According to census data in the year 2000 there were 308 housing units in Lake City. This represents a 4% decline from 321 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 308 were located in what is classified as a rural area.

Homeownership rate in Lake City is about 77.5%. Lake City's vacancy rate, including seasonal lodging, is about 30.8%. Average household size is 2.05 people.

The majority of houses, apartments or condos in Lake City were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom14.30%
Two Bedrooms41.90%
Three Bedrooms38.30%
Four Bedrooms2.60%
Five Bedrooms or more1%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.04
Median year structure was built1977
Median Value of occupied units$65,000
Median Price asked for vacant units$45,000

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1974
Median Monthly Rent asked for vacant units$410

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan4.70%
Simple Mortgage38.30%
Debt Free57%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs15%