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Wellman, TX Real Estate


According to census data in the year 2000 there were 97 housing units in Wellman. This represents a 5.4% growth from 92 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 97 were located in what is classified as a rural area.

Homeownership rate in Wellman is about 71.8%. Wellman's vacancy rate, including seasonal lodging, is about 19.6%. Average household size is 2.74 people.

The majority of houses, apartments or condos in Wellman were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom15.50%
Two Bedrooms33%
Three Bedrooms37.10%
Four Bedrooms11.30%
Five Bedrooms or more3.10%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.71
Median year structure was built1973
Median Value of occupied units$31,300
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size2.82
Median year structure was built1971
Median Monthly Rent asked for vacant units$125

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage40.80%
Debt Free59.20%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs13.3%