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Park Terrace

NeighborhoodThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Texas
$137K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Housing Stock

HomesHow many homes we have records for in this area.152
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$137K
Median sizeThe middle home size here, measured in square feet.1,188 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1994
Single familyThe share of homes here that are single-family houses.16%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.100%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.0%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.65%
Company ownedThe share of homes owned by a company or trust instead of a person.9.9%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.6%
Typical ownership tenureHow long the typical owner here has held their home.126.7 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.115
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.95
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.39

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.20%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.81
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.346 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$46K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$59K
Average tempThe average temperature here across a full year.57°F
Annual precipHow much rain and melted snow falls here in a typical year.20 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.73%

How Park Terrace compares

By median home value, Park Terrace is the 22nd most expensive of 35 neighborhoods in Potter County, and its typical home is worth more than 46% of all homes in Potter County.

Home values in Park Terrace

Share of homes at each estimated value.

Median
$65K$185K
neighborhoods in Potter County ranked by median home value
#Potter CountyMedian valueHomes
1Tascosa / La Paloma$601K575
2Woodlands$479K400
3Indian Hills$470K118
4Highland Park$403K342
5Quail Creek$403K348
6Westcliff$364K779
7Vineyards / Hastings$308K203
8West Hills$281K533
9Wolflin$248K2,207
10Olsen$245K1,604
11River Road East$225K902
12Big Texan North$195K135
13Owners$184K492
14Bivins$181K1,238
15Westlawn$176K1,290
16Avondale$170K1,802
17Pleasant Valley West$163K370
18Avonbell$159K256
19Pleasant Valley East$158K930
20Plemons Eakle Historic District$149K1,774
21Lawndale$142K1,826
22Park Terrace$137K152
23Mesa Verde$123K869
24Eastridge$120K1,372

35 neighborhoods in Potter County are ranked; the most valuable are listed here.

About the Park Terrace market

How many homes are there in Park Terrace, TX?

Park Terrace, TX contains 152 residential properties, with a median of 1,188 square feet, 3 bedrooms, built around 1994. The median TopHap Estimate is $137K.

How does Park Terrace, TX compare to the rest of Potter County?

By median home value, Park Terrace, TX is the 22nd most expensive of 35 neighborhoods in Potter County. Its typical home is worth more than 46% of all homes in Potter County. Lawndale ranks just above it and Mesa Verde just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Park Terrace, TX?

65% of homes in Park Terrace, TX are owner-occupied. 10% are held by a company rather than an individual.

How much equity do owners in Park Terrace, TX hold?

100% of mortgaged homes in Park Terrace, TX are equity-rich, meaning the loan balance is under half the home's value. 0.0% owe more than the home is worth.

Nearby markets

Browse addresses

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Explore Park Terrace on the map

See every recorded sale, price heat map, school zone and flood overlay across Park Terrace in TopHap’s interactive 3D map.

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A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map