Median real estate price in the City Center of Gatesville is $88,114, which is less expensive than 79.0% of Texas neighborhoods and 87.3% of all U.S. neighborhoods.
The average rental price in Gatesville City Center is currently $737, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 86.4% of Texas neighborhoods.
Gatesville City Center is a suburban neighborhood (based on population density) located in Gatesville, Texas.
Real estate in the City Center of Gatesville, TX is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the City Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Gatesville City Center has a 14.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 72.2% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.