browse list of realtors working in Mitchell County
Mitchell county has 1 usdaproperties.com realtor ready to help with your search!
September 2024 Featured Agent | |
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Deborah Boyd | from Texas Hometown Real Estate Co. |
There are 30 USDA backed residential loans in Mitchell county with an average loan balance of $68,012. Over 90% of the loans helped first time home buyers. Borrowers were an average age of 40 years old. The typical appraised home value was around $68,376. On average the rural home size purchased with this loan was approximately 1,478 SqFt. Mitchell 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 Mitchell County is roughly 2,372 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Mitchell County is 8. 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 Mitchell County, TX
* cities most likely to have USDA loan eligible properties for sale.
Buford • *Colorado City • Hyman • Iatan • *Lake Colorado City • *Loraine • *Westbrook
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 Mitchell County.
Mitchell County is located in the great state of Texas and was founded in 1876. It is named in honor of Asa Mitchell and Eli Mitchell, two early settlers and veterans of the Texas Revolution. The county seat is the city of Colorado City, which was founded in 1881 as a railroad town by the Texas and Pacific Railway.
Covering an area of approximately 916 square miles, Mitchell County played a significant role in the development of the West Texas region. Historically, the area was inhabited by several Native American tribes such as the Comanche, Kiowa, and Apache. European Americans began to settle in the region during the late 19th century.
Significant economic development began in Mitchell County after the discovery of oil in the early 20th century. The oil boom attracted thousands of workers and created a demand for infrastructure and public services, ultimately leading to the growth of several smaller communities throughout the area such as Loraine and Westbrook.
Mitchell County has a rich agricultural history as well, with ranching and farming being two major components of the local economy. Cotton and wheat are the main crops grown in the region.
A fun fact about Mitchell County is that it is home to several interesting sites, such as Lake Colorado City State Park, which offers recreational activities including fishing, swimming, and hiking. Also, Colorado City hosts an annual "Christmas in the Park" event that includes a display of holiday lights throughout Ruddick Park, attracting visitors from all over the region.