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Ranchitos Las Lomas

Learn about the people, housing, costs and businesses in Ranchitos Las Lomas, Texas

Median Home$183,900
Population156
Leading IndustriesInformation & Media · Finance & Insurance · Manufacturing29% information & media
Home Value Growth⬆⬆+12.8% over 2 years
Retirees35% of residentstop 3% nationally
Homeowners83% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
NotableTransit82/100 · excellent transit access
Ranchitos Las Lomas
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 Ranchitos Las Lomas?

As of today, the 30-year fixed mortgage rate for Ranchitos Las Lomas 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 Ranchitos Las Lomas?

The median home value in Ranchitos Las Lomas is $184k. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ranchitos Las Lomas?

Home values in Ranchitos Las Lomas have increased 12.8% 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 Ranchitos Las Lomas?

Based on a typical all-in ownership cost of $472/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $20k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ranchitos Las Lomas is $79k/year.

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What industries drive the economy in Ranchitos Las Lomas?

The largest employment sectors in Ranchitos Las Lomas are information and media (29%) and finance and insurance (25%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.