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Lone Oak, TX Real Estate


According to census data in the year 2000 there were 225 housing units in Lone Oak. This represents a 9.3% decline from 248 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 225 were located in what is classified as a rural area.

Homeownership rate in Lone Oak is about 71.6%. Lone Oak's vacancy rate, including seasonal lodging, is about 18.7%. Average household size is 2.88 people.

The majority of houses, apartments or condos in Lone Oak were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.10%
Two Bedrooms46.70%
Three Bedrooms43.60%
Four Bedrooms5.30%
Five Bedrooms or more1.30%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1973
Median Value of occupied units$34,200
Median Price asked for vacant units$25,000

Rented Homes, Apartments and Condos

Average Household Size3.88
Median year structure was built1969
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.70%
Home Equity Loan0%
Simple Mortgage46%
Debt Free48.30%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs15.2%