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Timberwood Park, TX Real Estate


According to census data in the year 2000 there were 2,043 housing units in Timberwood Park. This represents a 119.2% growth from 932 in 1990.

Of those housing units, 1,210 were located in either urbanized areas or urban clusters, and 833 were located in what is classified as a rural area.

Homeownership rate in Timberwood Park is about 94.6%. Timberwood Park's vacancy rate, including seasonal lodging, is about 3.3%. Average household size is 2.89 people.

The majority of houses, apartments or condos in Timberwood Park were built after 1992.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.90%
Two Bedrooms7.10%
Three Bedrooms49.80%
Four Bedrooms35%
Five Bedrooms or more3.10%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.92
Median year structure was built1992
Median Value of occupied units$164,300
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1989

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.70%
Home Equity Loan7%
Simple Mortgage71.50%
Debt Free14.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.3%