Rent to Own Homes in Greenville
About 50 miles northeast of Dallas, TX, Greenville is a small-sized city of about 25,000. Named after Thomas J. Green, the famed Texas Army General, Greenville is historically known for its cotton-making, at one point holding the distinction as “the cotton capital of the world.” Today, tourism, excellent schools, arts and entertainment options galore, are a mainstay in this growing... Read More
About 50 miles northeast of Dallas, TX, Greenville is a small-sized city of about 25,000. Named after Thomas J. Green, the famed Texas Army General, Greenville is historically known for its cotton-making, at one point holding the distinction as “the cotton capital of the world.” Today, tourism, excellent schools, arts and entertainment options galore, are a mainstay in this growing eastern Texas city. With its nearness to all the best Texas has to offer and the many affordable residential options to choose from, Greenville is becoming a desirable place to call home.
Buying a Home in Greenville, TX
Buying a home is no small matter. With home prices typically ranging well above national averages in many desirable cities, aspiring homebuyers can be put off by what they find to be too expensive. This need not be a concern in Greenville. Median home prices in Greenville are at around $84,000, significantly lower the Texas average of $249,900, and the Dallas-Fort Worth Metro area of $354,900. Rent prices are certainly affordable here too, also well below state and national averages. Where renting a home in the Dallas area can be as high as $1,550 or slightly lower across the state’s median of $1,395, in Greenville rent prices are typically around $747. Important to note too is that, according to Zillow, home values here expected rise 3.2% within the next year. The below results are primarily rent to own homes in Hunt County, TX:
About 50 miles northeast of Dallas, TX, Greenville is a small-sized city of about 25,000. Named after Thomas J. Green, the famed Texas Army General, Greenville is historically known for its cotton-making, at one point holding the distinction as “the cotton capital of the world.” Today, tourism, excellent schools, arts and entertainment options galore, are a mainstay in this growing... Read More
About 50 miles northeast of Dallas, TX, Greenville is a small-sized city of about 25,000. Named after Thomas J. Green, the famed Texas Army General, Greenville is historically known for its cotton-making, at one point holding the distinction as “the cotton capital of the world.” Today, tourism, excellent schools, arts and entertainment options galore, are a mainstay in this growing eastern Texas city. With its nearness to all the best Texas has to offer and the many affordable residential options to choose from, Greenville is becoming a desirable place to call home.
Buying a Home in Greenville, TX
Buying a home is no small matter. With home prices typically ranging well above national averages in many desirable cities, aspiring homebuyers can be put off by what they find to be too expensive. This need not be a concern in Greenville. Median home prices in Greenville are at around $84,000, significantly lower the Texas average of $249,900, and the Dallas-Fort Worth Metro area of $354,900. Rent prices are certainly affordable here too, also well below state and national averages. Where renting a home in the Dallas area can be as high as $1,550 or slightly lower across the state’s median of $1,395, in Greenville rent prices are typically around $747. Important to note too is that, according to Zillow, home values here expected rise 3.2% within the next year. The below results are primarily rent to own homes in Hunt County, TX:
Popular Neighborhoods in Greenville, TX
Located in the southeast part of the city, one of the most popular neighborhoods in Greenville is the Cash / Dixon neighborhood. It is the most expensive, but compared to surrounding cities in Texas, still quite affordable. In fact, 54% of the home prices here range between $135,000 -$270,000. Given the current vacancy rate of 17.1% aspiring homebuyers will definitely have more than enough options to choose from. Cash / Dixon, by and large, is a quiet, family-friendly neighborhood, as evidenced by its large proportion of seniors and families with school-aged children.
While Cash / Dixon is perennial favorite, there are plentiful year-round activities that make Greenville an awesome place to live and work. With the recent opening of Splash Kingdom Water Park, the redevelopment of the historic downtown, the restoration of the vintage Texan Theater, and the many other historical, recreational, and artistic and musical attractions to choose from, Greenville is a well-rounded cultural hub destined to attract people across the state and region.
Buying vs. Rent to Own Homes in Greenville, TX
It is one thing to fall in love with a place and want to live in it—actually settling in and purchasing a home is another. Greenville is certainly within possibility for many, especially the aspiring homeowner looking to secure affordable rental prices. The Rent-to-own option combines the best of both of these worlds. The aspiring homeowner can begin to live in the home they would like to eventually own provided they meet their rental and agreed-upon contractual obligations. In the process, said homeowner can better their financial standing, by for example, saving for a down payment, reducing debt, and improving a credit score.
Summary
If saving money, experiencing a slower but no less exciting way of life in a safe family-friendly environment in the Texas area is of priority to an aspiring homebuyer, Greenville ought to be high on the list of places to choose from. Greenville offers much to its 26,000 residents: quality schooling, affordable housing, and a plethora of museums, theaters, bakeries, fine eateries, sporting events, among many other entertainment options. The city’s many community organizations, yearly festivals and celebrations also make for a fun and lively atmosphere. This is one city not to miss.
Rent to Own Realtors
You can plan a party without an event planner, you can go swimming without a lifeguard, and you can rent to own without a realtor.
That’s important because there isn’t as much money for realtors in rent to own deals as in traditional sales. Therefore, finding a realtor to help you is rare.
While the listed activities might be easier with a professional, they’re all possible without one. To successfully rent to own without a realtor learn all you can about it.
About Our Listings
Lease-purchase programs offer sellers more certainty than traditional rent to buy because buyers are contractually obligated to buy the condo, townhouse or house by the end of the lease term. Normally, rent to own by owner means the buyer has the option to buy and the seller has the obligation to sell.
Lease-options are more convenient for buyers. However, buyers and sellers may work out lease to purchase deals for houses and other properties when the seller is overlooking a bad credit score or a small option fee. The requirement for buyers to purchase properties makes sellers feel more comfortable leasing with no credit check because they don’t have to worry about whether buyers will opt out.
If you’re interested in looking for apartments for lease option, check out our free listings by searching for properties near me. We showcase more than just rent to own. Use our site to find cheap foreclosed homes or owner financing.
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