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Terrell, TX Real Estate


According to census data in the year 2000 there were 5,050 housing units in Terrell. This represents a 6.7% growth from 4,735 in 1990.

Of those housing units, 4,165 were located in either urbanized areas or urban clusters, and 885 were located in what is classified as a rural area.

Homeownership rate in Terrell is about 58%. Terrell's vacancy rate, including seasonal lodging, is about 9.1%. Average household size is 2.78 people.

The majority of houses, apartments or condos in Terrell were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom10.90%
Two Bedrooms34.40%
Three Bedrooms44.90%
Four Bedrooms7.60%
Five Bedrooms or more1%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.79
Median year structure was built1965
Median Value of occupied units$66,500
Median Price asked for vacant units$52,200

Rented Homes, Apartments and Condos

Average Household Size2.76
Median year structure was built1970
Median Monthly Rent asked for vacant units$593

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage2.50%
Home Equity Loan1.90%
Simple Mortgage47.10%
Debt Free48.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.5%