Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 55,667, 20,398 total housing units (homes and apartments), and a median house value of $210,923, house prices in Texas City are solidly below the national average.
Single-family detached homes are the single most common housing type in Texas City, accounting for 68.36% of the city's housing units. Other types of housing that are prevalent in Texas City include large apartment complexes or high rise apartments ( 24.03%), duplexes, homes converted to apartments or other small apartment buildings ( 3.66%), and a few row houses and other attached homes ( 1.73%).
The most prevalent building size and type in Texas City are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.31% owning and 45.69% renting.
There is a lot of housing in Texas City built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Texas City built between 2000 and later ( 30.20%). A lesser amount of the housing stock also hails from between 1940-1969 ( 29.53%). There's also some housing in Texas City built before 1939 ( 2.90%).
Appreciation rates for homes in Texas City have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 97.01%, which ranks in the top 40% nationwide. This equates to an annual average Texas City house appreciation rate of 7.02%.
Over the last year, Texas City appreciation rates have trailed the rest of the nation. In the last twelve months, Texas City's appreciation rate has been 4.32%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Texas City were at 1.69%, which equates to an annual appreciation rate of 6.92%.
Relative to Texas, our data show that Texas City's latest annual appreciation rate is lower than 50% of the other cities and towns in Texas.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Texas City differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Texas City - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Texas City real estate investment or home purchase decisions.
$210,923
for Texas
for nation
20,398
$1,533 / per month