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Land in Malone, TX

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Top Reasons To Live In Malone, TX In 2024

Malone is located in Hill, Texas, with an estimated municipal population of 283 residents. All of the best foreclosed homes for sale in Malone are located in the following zip code areas on Foreclosure.com: 76660. The estimated population per square kilometer (.62 miles) in Malone is 239.


Cost Of Living In Malone, TX

So, about how much do homes cost in Malone? The most recent median value of resident-owned homes in Malone is 61,871. An estimated 73.7 percent of households in Malone own their homes, with an average family size of 4.06. The median household income in Malone is 52,500, with10.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Malone, the median commute time of resident workers (in minutes) is 26.3. And last, but certainly not least, are you looking for homes to rent in Malone? If so, the average rent price paid by renters in Malone is 838, according to recent statistics.


Diversity And Demographics In Malone, Texas

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Malone, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Malone is 26.6, split between 40.3 percent male versus 59.7 female. The percentage of residents who report being married in Malone is 49.3, with an average family size of 4.06.

The percentage of residents who report their race in Malone is as follows:

White 73.1%
Black / African American 12.4%
Asian 0%
American Indian / Alaskan Native 6.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.4%
Other 5.9%

Looking for family-friendly neighborhoods in and/or near Malone? Or maybe you are searching for 55+ active adult communities in and/or near Malone?

The percentage of residents who report their age in Malone is as follows:

Under 10 18.7%
Aged 10-19 20.7%
20s 13.5%
30s 14.4%
40s 16.3%
50s 10%
60s 3.8%
70s 2.8%
80+ 0%

Best Schools In Malone, Texas

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Malone with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Malone.


Pros And Cons Of Living In Malone, Texas

How do you know that living in -- or moving to -- Malone is right where you need to be? Perhaps you grew up in Malone or already live nearby; therefore, the decision to buy a home in Malone is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Malone for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Malone:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Malone.


Reasons To Move To Malone, Texas, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Malone can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Malone, meanwhile, can field multiple offers from more qualified buyers.

Malone, TX Land Foreclosures


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