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Villa Pancho

Learn about the people, housing, costs and businesses in Villa Pancho, Texas

Median Home$110,500
Median Rent$885/month
Population516
Leading IndustriesPublic Administration · Transportation · Professional Services33% public administration
Home Value Growth⬆⬆⬆+21.3% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners74% of occupied units
Villa Pancho
TX

Frequently Asked Questions

What are today's mortgage rates in Villa Pancho?

As of today, the 30-year fixed mortgage rate for Villa Pancho is approximately 6.998% (7.038% 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 Villa Pancho?

The median home value in Villa Pancho is $111k. The median monthly rent is $885. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Villa Pancho?

Home values in Villa Pancho have increased 21.3% 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 Villa Pancho?

Based on a typical all-in ownership cost of $597/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Villa Pancho is $37k/year.

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What industries drive the economy in Villa Pancho?

The largest employment sectors in Villa Pancho are public administration (33%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.