South Padre Island, TX Real Estate
According to census data in the year 2000 there were 4,653 housing units in South Padre Island.
This represents a 14% growth from 4,082 in 1990.
Of those housing units, 4,503 were located in either urbanized areas or urban clusters, and 150 were located in what is classified as a rural area.
Homeownership rate in South Padre Island is about 64.7%.
South Padre Island's vacancy rate, including seasonal lodging, is about 73.9%.
Average household size is 2.02 people.
The majority of houses, apartments or condos in South Padre Island were built after 1984.
|Housing Units by Size|
|Five Bedrooms or more||1.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.08|
|Median year structure was built||1984|
|Median Value of occupied units||$175,400|
|Median Price asked for vacant units||$583,300|
Rented Homes, Apartments and Condos
|Average Household Size||1.91|
|Median year structure was built||1982|
|Median Monthly Rent asked for vacant units||$797|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||4.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.9%|