browse list of realtors working in Ector County
Ector county has 1 usdaproperties.com realtor ready to help with your search!
September 2024 Featured Agent | |
---|---|
Michelle Ortega | from All City Real Estate |
There are 4 USDA backed residential loans in Ector county with an average loan balance of $168,130. Over 100% of the loans helped first time home buyers. Borrowers were an average age of 45 years old. The typical appraised home value was around $168,000. On average the rural home size purchased with this loan was approximately 1,729 SqFt. Ector county applies the standard USDA income limits to determine loan eligibility. For a household of upto 4 people the income limit is $90,300. For a household of between 5 and 8 people the income limit is increased to $119,200.
The size of Ector County is roughly 2,335 square kilometers. USDA defined regions of rural loan ineligibility in Ector cover 396 square kilometers of the county. Approximately 17.0% of Ector County is ineligible for traditional USDA home loans. The influence score for Ector County is 2. Look below for the interactive county level map illustration below for more details.
Start your search for USDA loan eligible properties in the cities of Ector County, TX
* cities most likely to have USDA loan eligible properties for sale.
Arcade • Douro • *Gardendale • *Goldsmith • Judkins • North Cowden • Notrees • Odessa • Penwell • West Odessa
A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA properties in Ector County.
Ector County is located in the western part of the great state of Texas. It was established in 1887 and organized in 1891. The county was named in honor of Mathew Duncan Ector, a Confederate General during the American Civil War and later, a Texas jurist.
In its early years, Ector County was primarily a ranching community. The region's vast expanses of grasslands made it an ideal area for raising cattle. The discovery of oil in the late 1920s brought a significant boom to the local economy, and the petroleum industry remains a mainstay of the region to this day.
The city of Odessa, which serves as the county seat, was founded in 1881 as a water stop and cattle shipping point on the Texas and Pacific Railway. As the largest city in Ector County, Odessa has played a key role in the development of the area, especially after the discovery of oil.
One fun fact about Ector County is that it is home to the Odessa Meteor Crater, a rare meteor impact crater that is estimated to be more than 20,000 years old. The crater is approximately 550 feet wide and 100 feet deep and now serves as a popular tourist attraction with an on-site museum displaying meteorite fragments and providing information about meteorites and their impact on Earth.