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Melvin, TX Real Estate


According to census data in the year 2000 there were 108 housing units in Melvin. This represents a 5.3% decline from 114 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 108 were located in what is classified as a rural area.

Homeownership rate in Melvin is about 84.7%. Melvin's vacancy rate, including seasonal lodging, is about 33.3%. Average household size is 2.22 people.

The majority of houses, apartments or condos in Melvin were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom13%
Two Bedrooms74.10%
Three Bedrooms13%
Four Bedrooms0%
Five Bedrooms or more0%
As % of Housing Units
     

Owned Homes, Apartments and Condos

Average Household Size1.84
Median year structure was built1939
Median Value of occupied units$23,800
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size4.36
Median year structure was built1939

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage27.90%
Debt Free72.10%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%