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Val Verde Park

Learn about the people, housing, costs and businesses in Val Verde Park, Texas

Median Home$95,800
Median Rent$901/month
Population2,523
Leading IndustriesManufacturing · Finance & Insurance · Information & Media8% manufacturing
Home Value Growth+8.5% over 2 years
Young Adults46% of residentstop 1% nationally
Homeowners57% of occupied units
NotableTransit80/100 · excellent transit access
Val Verde Park
TX

Frequently Asked Questions

What are today's mortgage rates in Val Verde Park?

As of today, the 30-year fixed mortgage rate for Val Verde Park is approximately 7.034% (7.078% 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 Val Verde Park?

The median home value in Val Verde Park is $96k. The median monthly rent is $901. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Val Verde Park?

Home values in Val Verde Park have increased 8.5% 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 Val Verde Park?

Based on a typical all-in ownership cost of $894/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Val Verde Park is $55k/year.

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What industries drive the economy in Val Verde Park?

The largest employment sectors in Val Verde Park are public administration (25%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.