Watauga: Named by Cherokee settlers drawn by its clear waters, abundant game and fertile land, Watauga means “village of many springs.” With a population of about 23,000 people, Watauga today continues to maintain a reputation of abundance and prosperity through economic growth, low crime rates, highly rated school districts and affordable housing. Residents enjoy a small-town atmosphere, a convenient location, easy access to the airports and business districts in the Dallas/Fort Worth Metroplex, and a pro-business environment. While the local economic base includes hundreds of companies of all sizes – including several national chains – more than 90% of local businesses are independently owned. Watauga participates in numerous regional and state economic development organizations and actively helps local entrepreneurs to start their own businesses. Students in Watauga are served by six elementary schools, four middle schools, four high schools and numerous private schools. There are also many renowned colleges and universities in the surrounding areas. Additionally, Watauga boasts an extensive library with modern amenities and special programs for both children and adults. There are three family entertainment centers and, within a five-mile radius, a multi-screen theater complex and a water recreation park. A bit further away in Arlington, residents have access to Six Flags amusement park and Texas Rangers major league baseball. Watauga real estate is very affordable, with single-family homes available to suit even the most modest budget. Watauga residents enjoy the benefits of living in a small-town atmosphere coupled with easy access to big-city conveniences.
The real estate market in Watauga consists primarily of single-family detached homes. Included are a number of new communities and countless established neighborhoods with a wide variety of single- and multi-family housing options. Homes range in price from under $100,000 to more than $300,000. Although no condominiums or townhouses are available, single-family homes can be found at prices to suit any budget. Homes in Watauga are surrounded by numerous trees and lush lawns, and most have covered garages. Three-bedroom, two-bath homes are priced from under $100,000, making Watauga a very affordable place to live. Some land and lots are available for custom building.
Watauga Real Estate Stats and Trends for the week of May 2nd, 2016: homes priced around $128,960 compared to $149,760 the previous week, showing a decrease of less than -16%. For Wednesday, May 4th, the current national mortgage rate for a 30 year fixed mortgage is 3.63%; the 15 year fixed rate is at 2.76%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.05%, while the 15 year jumbo rate currently is at 3.69%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Watauga TX. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Watauga to help you find the best home!