Rent to Own Homes in Baytown
A booming economy, plentiful Texas waterfront recreation and quick access to Houston make Baytown a popular spot to settle. Part of the city’s economy is based on its massive Baytown Refinery operation, the largest of its kind in the United States. Local top employers include companies such as ExxonMobil, San Jacinto Methodist Hospital and Bayer Corporation.
Families,... Read More
A booming economy, plentiful Texas waterfront recreation and quick access to Houston make Baytown a popular spot to settle. Part of the city’s economy is based on its massive Baytown Refinery operation, the largest of its kind in the United States. Local top employers include companies such as ExxonMobil, San Jacinto Methodist Hospital and Bayer Corporation.
Families, empty-nesters and singles appreciate many of Baytown’s attractions. Baytown Nature Center is a local favorite, offering a glimpse at wildlife. Baytown Nature Center also is a popular recreation center with kayak launch sites, fishing piers and numerous biking and walking trails. You’ll find many locals at the Baytown Soccer Complex, Royal Purple Raceway and Lee College Sports Complex too. There’s even a Baytown Park and Ride for those who want to get around Harris County on public transportation.
More than 76,000 people live in Baytown, a city created by the merger of East Baytown, Pelly and Goose Creek.The below results are primarily rent to own homes in Harris County, TX:
A booming economy, plentiful Texas waterfront recreation and quick access to Houston make Baytown a popular spot to settle. Part of the city’s economy is based on its massive Baytown Refinery operation, the largest of its kind in the United States. Local top employers include companies such as ExxonMobil, San Jacinto Methodist Hospital and Bayer Corporation.
Families,... Read More
A booming economy, plentiful Texas waterfront recreation and quick access to Houston make Baytown a popular spot to settle. Part of the city’s economy is based on its massive Baytown Refinery operation, the largest of its kind in the United States. Local top employers include companies such as ExxonMobil, San Jacinto Methodist Hospital and Bayer Corporation.
Families, empty-nesters and singles appreciate many of Baytown’s attractions. Baytown Nature Center is a local favorite, offering a glimpse at wildlife. Baytown Nature Center also is a popular recreation center with kayak launch sites, fishing piers and numerous biking and walking trails. You’ll find many locals at the Baytown Soccer Complex, Royal Purple Raceway and Lee College Sports Complex too. There’s even a Baytown Park and Ride for those who want to get around Harris County on public transportation.
More than 76,000 people live in Baytown, a city created by the merger of East Baytown, Pelly and Goose Creek.The below results are primarily rent to own homes in Harris County, TX:
Buying a Home in Baytown?
Options are abundant for homebuyers in the Baytown area, with more than 500 homes on the market and more than 50 homes for rent. The average list price for a home here is $227,692, but about half of Baytown homes are sold for less than $139,000. Over the past three years, home list prices have steadily climbed, going from $158,000 in June of 2014 to $218,000 in July 2017. Still, the current listing median price of $93 per square foot is well below the national price of $139 per square foot.
Buying vs. Rent to Own Homes ?
To take advantage of Baytown prices before they escalate, you may want to explore purchase options. Conventional buying methods require you to have a down payment ready at the time of your offer. You’ll handle all of the mortgage paperwork up front and wait 30 to 90 days for escrow to close before moving in. In contrast, with a rent to own home, you’ll simply pay an option fee to start the process. You can move in right away, paying rent monthly. Part of your monthly rent goes to your final purchase price. During this process, you have time to improve your credit score, save a bigger down payment and coordinate a mortgage.
With waterfront along three Gulf Coast bays, there’s never a shortage of things to do and experience in Baytown. This thriving town is just a half-hour from Houston too. From water sports and well-planned parks to ample employment and many local services, Baytown is a local treasure. Many homes here enjoy waterfront access, yet home prices are moderate and below the national average. If you love to live life outdoors or along the bay, Baytown is a good choice for a hometown.
Summary
With waterfront along three Gulf Coast bays, there’s never a shortage of things to do and experience in Baytown. This thriving town is just a half-hour from Houston too. From water sports and well-planned parks to ample employment and many local services, Baytown is a local treasure. Many homes here enjoy waterfront access, yet home prices are moderate and below the national average. If you love to live life outdoors or along the bay, Baytown is a good choice for a hometown.
Rent to Own Realtors
When it comes to contracts, there are usually plenty of loopholes. You don’t want to be blindsided because your counterpart in a rent to own deal knows them better than you do.
A realtor might be the logical person to ask for help with a real estate deal, but instead, you should consult with a lawyer to ensure that your lease-option contract benefits you just as much as it benefits the other party.
Realtors likely will not want to help you with a lease-option because they don’t make a lot of money off of them – at least, they don’t make a lot of money until the end of the lease, and that isn’t a guarantee.
Regardless, a lawyer will have more accurate information about your contracts anyway.
About Our Listings
Rent to Own Labs offers more than free listings for rent to buy houses.
Our website also includes real estate owned properties, which are bank-owned foreclosed homes that didn’t sell at auction. You can buy these types of properties for cheap prices because the bank isn’t in the business of real estate; it’s just looking to get rid of the condo, townhouse, etc. that it has on the book.
Sellers directly list rent to own by owner apartments and houses as lease-option or lease-purchase programs with no credit check. On lease to purchase contracts, the buyer is contractually obligated to buy the home, and on lease to own contracts, the buyer is financially motivated. It doesn’t matter to the seller if you have a bad credit score because they know you have a lot at risk if you don’t buy the home you’re renting to own.
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