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Rancho Viejo

Learn about the people, housing, costs and businesses in Rancho Viejo, Texas

Median Home$266,800
Median Rent$1,239/month
Population2,590
Leading IndustriesPublic Administration · Transportation · Healthcare27% public administration
Home Value Growth⬆⬆+18.6% over 2 years
Family-Friendly28% of residentswell above average
Homeowners61% of occupied units
NotableHighly Educated30% hold a bachelor's degree · top 9% nationally
Rancho Viejo
TX

Frequently Asked Questions

What are today's mortgage rates in Rancho Viejo?

As of today, the 30-year fixed mortgage rate for Rancho Viejo is approximately 6.974% (7.013% 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 Rancho Viejo?

The median home value in Rancho Viejo is $267k. The median monthly rent is $1,239. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rancho Viejo?

Home values in Rancho Viejo have increased 18.6% 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 Rancho Viejo?

Based on a typical all-in ownership cost of $1,232/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rancho Viejo is $83k/year.

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What industries drive the economy in Rancho Viejo?

The largest employment sectors in Rancho Viejo are public administration (27%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.