Payne Springs, TX Real Estate
According to census data in the year 2000 there were 406 housing units in Payne Springs.
This represents a 15.7% growth from 351 in 1990.
Of those housing units, 341 were located in either urbanized areas or urban clusters, and 65 were located in what is classified as a rural area.
Homeownership rate in Payne Springs is about 82.7%.
Payne Springs's vacancy rate, including seasonal lodging, is about 31.8%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in Payne Springs were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 12.10% |
| Two Bedrooms | 34.70% |
| Three Bedrooms | 48.80% |
| Four Bedrooms | 4.40% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.12 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $57,700 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.46 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 39.10% |
| Debt Free | 60.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.5% |
