With 968 residents, Tiki Island is an average-sized city in Texas. Also, with a 4.2% decrease over the last 10 years, its population is shrinking slower than other parts of the state. Keep in mind, 47.1% of the homes in Tiki Island are owned, while 4.4% are rented.
Tiki Island has some of the more expensive homes in the state with a median home value of $289,900 and a current average list price of $585,778. With one home sold in the Tiki Island market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with zero new listings for buyers to choose from.
Wonder which homes are generating the most buzz? Here are the most viewed listings in Tiki Island:
The typical dwelling in Tiki Island is a three-bedroom detached home worth about $513,122. To purchase a similar home, a buyer with good credit and a $102,624 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,310 monthly payment. The property tax rate is $18.40 per $1,000 of taxable assessed value.