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El Mesquite

Learn about the people, housing, costs and businesses in El Mesquite, Texas

Median Home$124,600
Median Rent$718/month
Population58
Leading IndustriesArts, Food & Hospitality · Healthcare · Education13% arts, food & hospitality
Home Value Growth⬆⬆+13.7% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners76% of occupied units
NotableHighly Educated42% bachelor's · 16% graduate · top 1% nationally
NotableTransit84/100 · excellent transit access
El Mesquite
TX

Frequently Asked Questions

What are today's mortgage rates in El Mesquite?

As of today, the 30-year fixed mortgage rate for El Mesquite is approximately 6.873% (6.908% 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 El Mesquite?

The median home value in El Mesquite is $125k. The median monthly rent is $718. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in El Mesquite?

Home values in El Mesquite have increased 13.7% 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 El Mesquite?

Based on a typical all-in ownership cost of $558/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in El Mesquite is $48k/year.

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What industries drive the economy in El Mesquite?

The largest employment sectors in El Mesquite are public administration (25%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.