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Lorenzo city, TX

ZIP 79343 — 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 79343

Median Home Value
$123,200
Median Rent
$625
Affordability Snapshot
$34,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$791/mo PITI).

11%
Rent-to-Income Ratio

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

1.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

16.4 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 79343 in Lorenzo city, TX, a household would need roughly $34,000 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 $791. That sits below the local median household income ($67,596), 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 17% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
81.6%+25% vs US avg
x
Vacancy Rate
16.7%+62% vs US avg
x
Broadband Access
87.6%+1% vs US avg
x
4+ Bedrooms
2.2%-85% vs US avg
x
Built Pre-1939
5.3%-58% vs US avg
x
Built Post-2014
0.3%-95% vs US avg
x
Rent Burden >30%
13.0%-74% vs US avg
x
Mortgage-Free
54.4%+42% vs US avg
x
$123,200
Home Value
$625
Rent
1965
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached80.0%
  • 1-unit attached0.0%
  • 2-9 units11.8%
  • 10+ units0.0%
  • Mobile home & other8.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$123,200
Median rent$625
Owner-occupied81.6%
Vacant16.7%
Price-to-income1.8x
Est. income to buy$34,000