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Elias-Fela Solis

Learn about the people, housing, costs and businesses in Elias-Fela Solis, Texas

Median Home$114,400
Median Rent$626/month
Population19
Leading IndustriesProfessional Services · Wholesale Trade · Education3% professional services
Home Value Growth⬆⬆+13.7% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners80% of occupied units
NotableAffordable Market$114k median home · lower cost than 87% of the country
Elias-Fela Solis
TX

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Elias-Fela Solis?

As of today, the 30-year fixed mortgage rate for Elias-Fela Solis is approximately 6.946% (6.984% 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 Elias-Fela Solis?

The median home value in Elias-Fela Solis is $114k. The median monthly rent is $626. Annual property taxes average $849. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Elias-Fela Solis?

Home values in Elias-Fela Solis 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 Elias-Fela Solis?

Based on a typical all-in ownership cost of $444/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $19k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Elias-Fela Solis is $48k/year.

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What industries drive the economy in Elias-Fela Solis?

The largest employment sectors in Elias-Fela Solis are healthcare (15%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.