Somerset, TX Real Estate

According to census data in the year 2000 there were 545 housing units in Somerset. This represents a 27.9% growth from 426 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 545 were located in what is classified as a rural area.

Homeownership rate in Somerset is about 72%. Somerset's vacancy rate, including seasonal lodging, is about 5.1%. Average household size is 2.98 people.

The majority of houses, apartments or condos in Somerset were built after 1975.


Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom12.30%
Two Bedrooms39.40%
Three Bedrooms38.70%
Four Bedrooms7%
Five Bedrooms or more1.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.17
Median year structure was built1975
Median Value of occupied units$50,800
Median Price asked for vacant units$37,500

Rented Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1974
Median Monthly Rent asked for vacant units$344

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan5.40%
Simple Mortgage40.90%
Debt Free53.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.1%