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East Tawakoni

Learn about the people, housing, costs and businesses in East Tawakoni, Texas

Median Home$173,400
Median Rent$878/month
Population911
Leading IndustriesEducation · Transportation · Information & Media6% education
Home Value Growth⬆⬆+11.2% over 2 years
Retirees23% of residentsslightly above average
Homeowners82% of occupied units
East Tawakoni
TX

Frequently Asked Questions

What are today's mortgage rates in East Tawakoni?

As of today, the 30-year fixed mortgage rate for East Tawakoni is approximately 6.967% (7.006% 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 East Tawakoni?

The median home value in East Tawakoni is $173k. The median monthly rent is $878. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in East Tawakoni?

Home values in East Tawakoni have increased 11.2% 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 East Tawakoni?

Based on a typical all-in ownership cost of $865/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in East Tawakoni is $70k/year.

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What industries drive the economy in East Tawakoni?

The largest employment sectors in East Tawakoni are public administration (18%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.