Cactus, TX—79013
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cactus, TX
Cactus, TX lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cactus, TX
Cactus, TX lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Cactus, TX
Cactus, TX lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $215,000 | N/A |
Listing Count | 3 | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | 112 | N/A |
Demographics — Cactus, TX
As of the latest ACS Survey released in 2023, Cactus, TX has a population of 3,020, which has decreased by -18.5% over the past 5 years. Cactus, TX is a popular place for families, as children make up 34.5% of the population. The area has a poorly educated workforce, with 1.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,020 | -18.5% |
% Under 18 | 34.5% | -1.4% |
% Seniors | 5.4% | -21.7% |
% WFH | 0.0% | -100.0% |
% w/ College Degree | 1.3% | -76.4% |
As of the latest ACS Survey released in 2023, Cactus, TX is a predominantly hispanic area, with 81.2% of the population identifying as hispanic. The hispanic population has grown by 5.5% in the last 5 years. The second most common race or ethnicity in Cactus, TX is black, making up 8.0% of the population. Foreign-born residents account for 58.6% of the population in Cactus, TX, and this percentage has increased by 16.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 3.6% | 28.6% |
% Black | 8.0% | -39.8% |
% Hispanic | 81.2% | 5.5% |
% Asian | 6.7% | -33.0% |
% Foreign Born | 58.6% | 16.0% |
Mortgage and Risk — Cactus, TX
According to HUD data as of 2023, there were 3 mortgage originations in Cactus, TX, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 92.0%, with 67.0% above 90% LTV (very high). This implies large mortgage risk in Cactus, TX. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 3 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Cactus, TX
Cactus, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $740 |
| 2 Bedroom | N/A | N/A | $970 |
| 3 Bedroom | N/A | N/A | $1,170 |
| 4 Bedroom | N/A | N/A | $1,440 |
Affordability — Cactus, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $47,900 |