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Lake Medina Shores

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

Median Home$267,651
Median Rent$1,526/month
Population1,201
Leading IndustriesProfessional Services · Wholesale Trade · Manufacturing6% professional services
Home Value Growth+5.7% over 2 years
Retirees26% of residentsabove average nationally
Homeowners81% of occupied units
NotableVeteran Community15% of residents · top 2% nationally
NotableTransit79/100 · excellent transit access
Lake Medina Shores
TX

Explore Lake Medina Shores

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

Frequently Asked Questions

What are today's mortgage rates in Lake Medina Shores?

As of today, the 30-year fixed mortgage rate for Lake Medina Shores is approximately 6.890% (6.926% 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 Lake Medina Shores?

The median home value in Lake Medina Shores is $268k. The median monthly rent is $1,526. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lake Medina Shores?

Home values in Lake Medina Shores have increased 5.7% over the past two years. This represents moderate growth. 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 Lake Medina Shores?

Based on a typical all-in ownership cost of $1,186/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lake Medina Shores is $75k/year.

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What industries drive the economy in Lake Medina Shores?

The largest employment sectors in Lake Medina Shores are wholesale trade (19%) and public administration (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.