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    Celebrity listing

    Astronaut Neil Armstrong's historic Texas home launches onto market

    Steven Devadanam
    Jul 7, 2020 | 2:53 pm

    After legendary American astronaut Neil Armstrong took his historic steps on the moon in 1969, he returned to Earth, made a whirlwind world publicity tour, and then came home to his quiet home in El Lago, Texas. Now, his Houston-area abode is available to real estate and space enthusiasts.

    Located in a quiet neighborhood that’s rich in space history, Armstrong’s house sits on a more than 17,000-square-foot lot on 1003 Woodland Dr. The home, built in 1964, is on sale for $375,000 and is offered by Lance Loken of the Loken Group, according to this HAR listing.

    When he wasn’t blasting off into the great beyond, Armstrong lived in the 2,560-square-foot home during the time of the iconic Gemini and Apollo missions.

    The midcentury modern home, with its four-bedrooms and 2.5-bathrooms, boasts high ceilings, a recently replaced 5-tab roof, luxury vinyl plank flooring, and a decked attic. The primary suite is replete with a walk-in closet, dual vanities, and a whirlpool tub/shower.

    The kitchen is perhaps the centerpiece of the abode, featuring quartz countertops, a mosaic backsplash, glass-fronted cabinets, a 5-burner commercial gas range, a water purifier, and a breakfast bar.

    One wonders what was discussed in the great room, which is marked by a stone façade, beamed vaulted ceiling, and tile flooring. And surely Armstrong had his NASA buddies over for a backyard get-together, where the space aces enjoyed a large pool.

    Fans of America’s space race will no doubt recognize the names associated with the El Lago neighborhood. Besides Armstrong, the area was also home to Buzz Aldrin, the lunar module pilot on the 1969 Apollo 11 mission and the second person to walk on the moon; Jim Lovell, the command module pilot of Apollo 8 and one of the first three humans to fly to and orbit the Moon in the Apollo 13 mission; and Peggy Whitson, who in 2017 became the first female astronaut to command the International Space Station — according to the neighborhood’s Astronaut Wall of Fame.

    Armstrong's home was built in 1964; he lived there during the Gemini and Apollo missions.

    Neil Armstrong house Clear Lake El Lago
    Photo courtesy of HAR
    Armstrong's home was built in 1964; he lived there during the Gemini and Apollo missions.
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    housing news

    This is how much longer Texans must save for a home than in 2016

    Amber Heckler
    Jul 6, 2026 | 2:25 pm
    House fund jar
    Photo by Sandy Millar on Unsplash
    It would take 7.2 years for Texans making the state's median household income of $84.084 to save enough money for a down payment on a house in 2026.

    It's no secret that purchasing a home in 2026 has become an ever-shifting financial goalpost that requires a lot more money than it used to. And a new study has just revealed it takes 9 months longer for Texas residents to save for a down payment than it did a decade ago.

    SmartAsset's new report, "Where the Down Payment Burden Has Grown Most," analyzed typical home values in each state in 2016 and 2026, and compared them with median household income to estimate how many years of savings would be required to afford a 20 percent down payment (based on the assumption that households set aside 10 percent of their annual income). The analysis also evaluated how long a minimum-wage earner in each state would need to save for a down payment in 2026.

    For Texas households making a median income of $84,084 in 2026, it would take 7.2 years to save enough money for a down payment on a house with the state's typical home value of $302,187.

    In 2016, it would have taken a little less than 6.5 years based on a median household income of $56,565 and typical home values at $181,155.

    Texas ranks 41st nationally in SmartAsset's comparison of states with the highest increases in the amount of time needed to save for a down payment from 2016 to 2026. The report's findings proved how "saving for a down payment has become a moving target" for many Texas residents and Americans as a whole.

    "As rising home prices outstrip wage growth, the amount of time buyers may need to set aside enough money has changed sharply in many parts of the country," the report said. "In some states, rising incomes have helped offset higher home values. In others, buyers may face a substantially longer path to ownership than they did just one decade ago."

    Homebuying prospects for minimum wage earners
    For a minimum wage earner residing in Texas, it would take 40.1 years to save enough money for a down payment at current home prices. Texas and 19 other states have a $7.25 hourly minimum wage, which amounts to just over $15,000 a year.

    SmartAsset further confirmed that it's "essentially impossible" to save for a down payment on a minimum wage income alone regardless of which state you live in.

    "Even in Missouri, the most favorable state, a minimum-wage earner would need 17 years to save enough for a home down payment," the report added. "In Utah, that timeline exceeds 70 years."

    The top 10 states where the "down payment burden" has grown the most are:

    • No. 1 – Idaho
    • No. 2 – Rhode Island
    • No. 3 – New Hampshire
    • No. 4 – Maine
    • No. 5 – Utah
    • no. 6 – Montana
    • No. 7 – Washington
    • No. 8 – New Jersey
    • No. 9 – New York
    • No. 10 – Massachusetts
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