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Seven Oaks

Learn about the people, housing, costs and businesses in Seven Oaks, Texas

Median Home$179,206
Median Rent$948/month
Population75
Leading IndustriesManufacturing · Wholesale Trade · Information & Media2% manufacturing
Home Value Growth-0.1% over 2 years
Retirees21% of residentsnear the national average
Homeowners73% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Seven Oaks
TX

Frequently Asked Questions

What are today's mortgage rates in Seven Oaks?

As of today, the 30-year fixed mortgage rate for Seven Oaks 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 Seven Oaks?

The median home value in Seven Oaks is $179k. The median monthly rent is $948. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Seven Oaks?

Home values in Seven Oaks have decreased 0.1% over the past two years. Buyers may find more negotiating room in this market. 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 Seven Oaks?

Based on a typical all-in ownership cost of $847/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Seven Oaks is $58k/year.

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What industries drive the economy in Seven Oaks?

The largest employment sectors in Seven Oaks are public administration (26%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.