Enchanted Oaks January First-Time Homebuyer Report

Enchanted Oaks is a city in Texas. It's affluent and the cost of living is expensive compared to the rest of the state, with a median income of $45,396 per household and cost of living adjustment score of 85.0. Enchanted Oaks is made up of homes that are considered relatively old with a median of 25 years.

Price Range

Homes in Enchanted Oaks are worth a median of $86,600, similar to other parts of Texas. Additionally, the list prices of available homes is currently at an average of $173,133. The number of sellers who put their homes up for sale in the Enchanted Oaks market over the last 30 days remained flat this week at four. Home sales also remained unchanged from the prior period and once again one home was sold.

Make sure you take a look at these eye-catching homes in Enchanted Oaks that generated the most views from potential buyers:

$299K   $499K   $2.4M  

Typical Dwelling

A three-bedroom detached home valued around $369,271 is considered a typical dwelling in Enchanted Oaks. If a buyer was looking for a similar home, they would need good credit and a $73,854 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,133 and the property tax rate is $10.62 per $1,000 of taxable assessed value.

Get started right now by checking out Enchanted Oaks homes for sale or reviewing Enchanted Oaks real estate trends.


Data reported through 1/12/2017

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