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Colorado Acres

Learn about the people, housing, costs and businesses in Colorado Acres, Texas

Median Home$183,900
Population118
Leading IndustriesArts, Food & Hospitality · Professional Services · Education13% arts, food & hospitality
Home Value Growth⬆⬆+12.8% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners83% of occupied units
NotableHighly Educated34% bachelor's · 13% graduate · top 4% nationally
NotableTransit82/100 · excellent transit access
Colorado Acres
TX

Frequently Asked Questions

What are today's mortgage rates in Colorado Acres?

As of today, the 30-year fixed mortgage rate for Colorado Acres is approximately 6.819% (6.852% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Colorado Acres?

The median home value in Colorado Acres is $184k. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Colorado Acres?

Home values in Colorado Acres have increased 12.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Colorado Acres?

Based on a typical all-in ownership cost of $472/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $20k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Colorado Acres is $79k/year.

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What industries drive the economy in Colorado Acres?

The largest employment sectors in Colorado Acres are public administration (22%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.