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Housing in Grandfalls

A typical Grandfalls home is worth roughly $44,000

Typical home value
$44K
TX $284K
Estimate
2-bedroom rent
$970
a month, utilities in · HUD
Median tax bill
$348
TX $4,232

What kind of housing town is Grandfalls?

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

★ What stands out · Affordability

What it takes to buy in Grandfalls

Try your own numbers below.

You could afford about
$281,000
Typical Grandfalls home $44K

That covers a typical Grandfalls home, with $236K to spare.

The typical home, each month
$290
Loan $220Tax $50Insurance $10

A two-bedroom rents for about $970 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, the Texas typical property tax (1.49% 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

90% of Grandfalls households own their home

Half of Grandfalls’s homes were built before 1964.

Owners and renters
Own 90%Rent 11%

Texas: 63% own.

1964
typical home built · TX 1992
$348
median property tax bill · TX $4,232

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $970

Renters already here pay a median of $422, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$760
1 bedroom$870
2 bedrooms$970
3 bedrooms$1,260
4 bedrooms$1,440
11%
of households rent · TX 37%
17
renter households
$422
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Ward County, TX): 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 Grandfalls buyers, sellers and renters are saying.

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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.

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