Sign inJoin
Housing in Deerwood

A typical Deerwood home is worth roughly $69,000

Typical home value
$69K
TX $299K
Estimate
2-bedroom rent
$1,070
a month, utilities in · HUD
Median tax bill
$363
TX $4,232

What kind of housing town is Deerwood?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 1.1 years of income

Less than across Texas (3.8 years). Try your own numbers below.

You could afford about
$251,000
Typical Deerwood home $69K

That covers a typical Deerwood home, with $182K to spare.

The typical home, each month
$390
Loan $340Tax $30Insurance $20

A two-bedroom rents for about $1,070 a month here, $680 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Deerwood’s typical property tax (0.53% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

80% of Deerwood households own their home

Half of Deerwood’s homes were built before 2004.

Owners and renters
Own 80%Rent 20%

Texas: 63% own.

2004
typical home built · TX 1992
$363
median property tax bill · TX $4,232
0.53%
of a home’s value, a year in tax · TX 1.49%

U.S. Census Bureau, American Community Survey 2020-2024.

Renting

A two-bedroom rents for about $1,070

Fair Market Rent a month, utilities included

Studio$870
1 bedroom$900
2 bedrooms$1,070
3 bedrooms$1,440
4 bedrooms$1,790
20%
of households rent · TX 37%
115
renter households
0%
of renters spend 30%+ of income on rent · TX 52%
21%
of the median income, for a two-bedroom

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Neighbors talk housing

What Deerwood buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Deerwood still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

Post to Deerwood

We’ll email a one-tap link to publish your post. No password, and nothing is public until you click it.
Already a member? Sign in