Similar to its surrounding areas, it is substantially less expensive compared to the rest of the nation. It is significantly less expensive compared to the city of Dallas.
Home prices
Lone Oak's median home cost is $68,800. This is is very similar in comparison to the surrounding areas.Compared to the United States as a whole it is approximately $148,700 (68%) lower, and in comparison to the city of Dallas is approximately $119,300 (63%) lower.
Rents
In Lone Oak the median monthly rent is $811. It is roughly $65 (7%) lower in comparison to nearby areas.In comparison to the entire nation it is approximately $251 (23%) lower, and it is roughly $241 (22%) lower compared to the city of Dallas.
Nearby places
Point
Point is roughly 6 miles southeast of Lone Oak. The housing prices there are a bit less expensive. The median home price in Point is $57,100, which is $11,700 (20%) lower than Lone Oak. Its rents are a little less expensive. The median monthly rent in Point is $698, which is $113 (16%) lower than Lone Oak.
East Tawakoni
East Tawakoni is roughly 7 miles south from Lone Oak. Housing prices there are a lot more expensive. The value of the median home in East Tawakoni is $123,100, which works out to $54,300 (44%) higher than Lone Oak. The rent there is a bit more expensive. The median rent in East Tawakoni is $854 a month, which comes out to $43 (5%) higher than Lone Oak.
West Tawakoni
West Tawakoni is roughly 8 miles southwest from Lone Oak. Its real estate prices are somewhat less expensive. The median home in West Tawakoni costs $59,200, which is $9,600 (16%) lower than Lone Oak. Rent there is a little more expensive. The median monthly rent in West Tawakoni is $949, which comes out to $138 (14%) higher than Lone Oak.
Hawk Cove
Hawk Cove is roughly 11 miles southwest from Lone Oak. Housing prices there are a lot less expensive. Hawk Cove's median home value is $45,300, which is $23,500 (51%) lower than Lone Oak. Rents there are a little more expensive. The median monthly rent in Hawk Cove is $1,146, which works out to $335 (29%) higher than Lone Oak.
Campbell
Campbell is about 11 miles north from Lone Oak. Its housing prices are a bit less expensive. The median home in Campbell is valued at $60,700, which comes out to $8,100 (13%) lower than Lone Oak. The rent there is somewhat less expensive. The median monthly rent in Campbell is $735, which comes out to $76 (10%) lower than Lone Oak.
