Why Live in Owentown
Owentown in Tyler, TX, is a neighborhood characterized by its spacious, grassy lawns and predominantly ranch-style homes. These homes typically feature three bedrooms, brick facades, low-pitched roofs, and either garages or carports, ensuring clear streets. The houses are set far back on their lots, resulting in larger front yards, though there is still ample space for pools and patios. Tall trees are common, providing privacy for residents. The area has a lower crime risk compared to the national average. For daily needs, residents often drive to downtown Tyler, which hosts multiple grocery chains, big box stores, and a variety of restaurants, including the popular Rick's on the Square. Tyler also offers several parks with amenities like basketball and tennis courts, and playgrounds. For more rustic outdoor activities, Tyler State Park is about 10 miles away, featuring a 64-acre lake for boating, swimming, and fishing. UT Health is the nearest hospital, with additional medical facilities available in Midtown Tyler. The neighborhood is bordered by Route 155 and Highway 271, providing access to downtown Tyler and Winona, which is about 5 miles away. Interstate 20 connects residents to Dallas, approximately 100 miles away, and Tyler Pounds Regional Airport, 16 miles from Owentown, offers daily flights to Dallas-Fort Worth International Airport.
Frequently Asked Questions
Is Owentown a good place to live?
Owentown is a good place to live. Owentown is considered very car-dependent and somewhat bikeable. Owentown has 27 parks for recreational activities. It has a median age of 39. The average household income is $85,375 which is below the national average. College graduates make up 16.5% of residents. A majority of residents in Owentown are home owners, with 27.9% of residents renting and 72.1% of residents owning their home. A
local real estate agent serving Owentown can help you decide if this neighborhood is the right one for you. Learn more on our
Owentown neighborhood guide.
How much do you need to make to afford a house in Owentown?
The median home price in Owentown is $292,450. If you put a 20% down payment of $58,500 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $1,490 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $64K a year to afford the median home price in Owentown. The average household income in Owentown is $85K.
What are the best public schools in Owentown?
The best public schools that serve Owentown are:
What are the best private schools in Owentown?
The best private schools that serve Owentown are:
What are the most popular zip codes in Owentown, Tyler, TX?
What are the most popular neighborhoods near Owentown, Tyler, TX?
Home Trends in Owentown, TX
On average, homes in Owentown, Tyler sell after 10 days on the market compared to the national average of 52 days. The median sale price for homes in Owentown, Tyler over the last 12 months is $275,600, up 41% from the median home sale price over the previous 12 months.
Median Sale Price
$275,600
Median Single Family Sale Price
$275,600
Average Price Per Sq Ft
$173
Number of Homes for Sale
2
Last 12 months Home Sales
6
Median List Price
$292,450
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
41%