Mustang Ridge's January First-Time Homebuyer Report

Mustang Ridge is an average-sized city in Texas with 861 residents. Its population is also growing slightly faster than others at a 10-year growth rate of 31.0%. With an ownership ratio of 77.4%, most people in Mustang Ridge are homeowners. Heading the list of top schools in the city is Elm Grove Elementary School.

Price Range

The median value of homes in Mustang Ridge is $118,500, making it one of the most valuable areas in Texas. At the same time, the average list price of available homes is presently $229,928.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Mustang Ridge:

$260K  

Typical Dwelling

The typical dwelling in Mustang Ridge is a four-bedroom detached home worth about $266,350. To purchase a similar home, a buyer with good credit and a $53,270 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,131 monthly payment. The property tax rate is $18.26 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

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Donna Homes, a Private Label Realty affiliate

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