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Residential Real Estate

The city Temple offers a wide variety of homes in a broad range of style, sizes and prices. Temple's north side Historic District offers a glimpse into the past with its stately Victorian showplaces, beautifully restored turn-of-the-century mansions, and charming 1930's and '40's bungalows. Homes that are more contemporary can be found in all areas of the city, including first-time-buyer homes along with more traditional executive homes.

Families appreciate the "kid-friendly" neighborhoods, only minutes away from work, schools, churches and shopping areas. Affordable apartments, town and garden homes as well as quality retirement complexes contribute to the city's comfortable, yet diverse lifestyles. The average price of a 3-bedroom home is well below the national average.

Yearly Homes Sales: Temple-Belton; Killeen-Fort Hood MLS
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Average Sales Price: Temple-Belton; Killeen-Fort Hood MLS
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Time On Market - Number of Units Sold
Days on Market Number of Units Sold
Less than 1 - 30 103
31-60 353
61-90 266
91-120 185
121 - more 559

 

Type of Financing Number of Units Sold
CONV 762
FHA 313
CASH 215
VA 144
OTHER 20
O/FIN 8
PVT 3
CFD 1
ASSUM 0

 

Financing Resources

Temple has access to the following sources for economic development activity:

  • Temple Reinvestment Zone and Tax Increment Financing Program
  • Low-Interest Rehabilitation Loan Program (Downtown Temple Area)
  • SBA Certified Development Corporation Programs
  • DHUD Community Development Block Grant Program
  • Federal Aviation Agency Programs
  • Selected use of Tax Abatement Authority under state law
  • Selected use of Municipal General Obligation and Revenue Bond Authority
  • Financing Programs administered by Texas Department of Agriculture and other agencies
  • Private corporate and philanthropic funds
  • Leverage of education and training programs by local and state institutions.

Financial Institutions

  • Bank of America
  • Central National Bank
  • Chase Bank
  • Compass Bank
  • Extraco Bank
  • First Convenience Bank
  • First State Bank Central Texas
  • Guaranty Federal Bank
  • Members' Choice Federal Credit Union
  • Scott & White Employees Credit Union
  • Temple Santa Fe Community Credit Union
  • Texell Federal Credit Union
  • Texas Partners Federal Credit Union
  • Wachovia