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Lorenzo, TX Real Estate


According to census data in the year 2000 there were 529 housing units in Lorenzo. This represents a 8.8% growth from 486 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 529 were located in what is classified as a rural area.

Homeownership rate in Lorenzo is about 70.4%. Lorenzo's vacancy rate, including seasonal lodging, is about 9.8%. Average household size is 2.9 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom10.40%
Two Bedrooms33.50%
Three Bedrooms49.10%
Four Bedrooms5.90%
Five Bedrooms or more0.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.81
Median year structure was built1961
Median Value of occupied units$36,000
Median Price asked for vacant units$19,400

Rented Homes, Apartments and Condos

Average Household Size3.13
Median year structure was built1980
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.70%
Home Equity Loan0%
Simple Mortgage41.70%
Debt Free55.70%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs13.1%