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Cottonwood Shores

Learn about the people, housing, costs and businesses in Cottonwood Shores, Texas

Median Home$328,700
Median Rent$1,594/month
Population1,608
Leading IndustriesEducation · Wholesale Trade · Manufacturing4% education
Home Value Growth-7.7% over 2 years
Young Adults37% of residentstop 4% nationally
Homeowners67% of occupied units
Cottonwood Shores
TX

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Frequently Asked Questions

What are today's mortgage rates in Cottonwood Shores?

As of today, the 30-year fixed mortgage rate for Cottonwood Shores is approximately 6.937% (6.974% 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 Cottonwood Shores?

The median home value in Cottonwood Shores is $329k. The median monthly rent is $1,594. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cottonwood Shores?

Home values in Cottonwood Shores have decreased 7.7% over the past two years. Buyers may find more negotiating room in this market. 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 Cottonwood Shores?

Based on a typical all-in ownership cost of $1,432/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $61k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cottonwood Shores is $70k/year.

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What industries drive the economy in Cottonwood Shores?

The largest employment sectors in Cottonwood Shores are public administration (16%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.