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Lake Cherokee CDP, TX

ZIP 75603 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 75603

Median Home Value
$175,200
Median Rent
$565
Affordability Snapshot
$48,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,125/mo PITI).

10%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

25.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 75603 in Lake Cherokee CDP, TX, a household would need roughly $48,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,125. That sits below the local median household income ($67,067), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
80.9%+24% vs US avg
x
Vacancy Rate
11.8%+15% vs US avg
x
Broadband Access
87.0%-0% vs US avg
x
4+ Bedrooms
1.8%-88% vs US avg
x
Built Pre-1939
1.2%-91% vs US avg
x
Built Post-2014
0.7%-90% vs US avg
x
Rent Burden >30%
33.7%-32% vs US avg
x
Mortgage-Free
53.5%+40% vs US avg
x
$175,200
Home Value
$565
Rent
1989
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached72.9%
  • 1-unit attached2.4%
  • 2-9 units2.2%
  • 10+ units0.0%
  • Mobile home & other22.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$175,200
Median rent$565
Owner-occupied80.9%
Vacant11.8%
Price-to-income2.6x
Est. income to buy$48,000