Rent to Own Homes in Kerrville
About 70 miles northwest of San Antonio, Kerrville is a small thriving city located in central Texas. It is widely regarded as one of the finest, peaceful and naturally beautiful cities in the hills of Texas Hill Country. Kerrville has many parks, ponds, creeks, lakes, and trees, allowing for a multitude of outdoor activities. The city also boasts a strong diversified economy with... Read More
About 70 miles northwest of San Antonio, Kerrville is a small thriving city located in central Texas. It is widely regarded as one of the finest, peaceful and naturally beautiful cities in the hills of Texas Hill Country. Kerrville has many parks, ponds, creeks, lakes, and trees, allowing for a multitude of outdoor activities. The city also boasts a strong diversified economy with sectors ranging from business and agriculture to health care, education and the arts. Tourism also plays a huge role with its famed festivals, celebrations, host of shopping areas and year-round recreational activities. Many families and retirees have descended here in recent years, contributing to its population growth that has steadily increased since its early incorporation. Among one of Texas’ wealthier small cities, home prices here have become increasingly more affordable. Kerrville certainly deserves serious consideration for any would-be Texan looking to relocate in a more laid back scenic country setting.
Buying a Home in Kerrville, TX
The median price of homes in Kerrville is $274,500, while higher than the state and San Antonio metro averages of $221,995 and $249,900, represents the best of what Texas has to offer. Aspiring Kerrville residents can expect natural beauty, excellent schools, clean safe neighborhoods, and an amazing quality of life. Rated 83, a number higher than state and national averages, Area Vibes ranks Kerrville “exceptionally livable,” among Texas’s best places to live. Home values are also expected to increase with Zillow predicting 3.9% increase within the next year. The below results are primarily rent to own homes in Kerr County, TX:
About 70 miles northwest of San Antonio, Kerrville is a small thriving city located in central Texas. It is widely regarded as one of the finest, peaceful and naturally beautiful cities in the hills of Texas Hill Country. Kerrville has many parks, ponds, creeks, lakes, and trees, allowing for a multitude of outdoor activities. The city also boasts a strong diversified economy with... Read More
About 70 miles northwest of San Antonio, Kerrville is a small thriving city located in central Texas. It is widely regarded as one of the finest, peaceful and naturally beautiful cities in the hills of Texas Hill Country. Kerrville has many parks, ponds, creeks, lakes, and trees, allowing for a multitude of outdoor activities. The city also boasts a strong diversified economy with sectors ranging from business and agriculture to health care, education and the arts. Tourism also plays a huge role with its famed festivals, celebrations, host of shopping areas and year-round recreational activities. Many families and retirees have descended here in recent years, contributing to its population growth that has steadily increased since its early incorporation. Among one of Texas’ wealthier small cities, home prices here have become increasingly more affordable. Kerrville certainly deserves serious consideration for any would-be Texan looking to relocate in a more laid back scenic country setting.
Buying a Home in Kerrville, TX
The median price of homes in Kerrville is $274,500, while higher than the state and San Antonio metro averages of $221,995 and $249,900, represents the best of what Texas has to offer. Aspiring Kerrville residents can expect natural beauty, excellent schools, clean safe neighborhoods, and an amazing quality of life. Rated 83, a number higher than state and national averages, Area Vibes ranks Kerrville “exceptionally livable,” among Texas’s best places to live. Home values are also expected to increase with Zillow predicting 3.9% increase within the next year. The below results are primarily rent to own homes in Kerr County, TX:
Popular Neighborhoods in Kerrville, TX
Kerrville’s eight neighborhoods feature median home prices between a low of $111,199 in the Schreiner neighborhood to a high of $295,159 in the southeastern Medina Hwy neighborhood. The rest of the six neighborhoods feature median home prices between $123,784 and $254,431. The Medina Hwy neighborhood, although the most expensive, is definitely the most scenic and peaceful. Most of the homes here have been recently built, vacancy rates are at a solid 7.9%, excellent schools are in abundance, and a large proportion of married couples live here. All these factors certainly make it an attractive option for families and retirees. Perhaps the most distinctive feature of Medina is the sheer amount of access to water that exists here. The following are just a few: Fall Creek, Wolf Creek, Indian Creek, Little Lambs Creek, Turtle Creek, Walters Lake, Kerrville Lake, and the Guadalupe River. Bordered by the Bandera and Medina highways, The Camp Meeting Creek Reservoir, Riverhill Country Club, and Kerrville-Schreiner Park are also located here.
Buying vs. Rent to Own Homes in Kerrville, TX
What is not love about a small close-knit city with an abundance of natural resources, immediate access to water, and artistic and musical venues galore? Kerrville is definitely the place to be. Purchasing a home here should be no problem either given that the city is still growing and many residential options to choose from already exist. What’s more, the increasingly popular rent to own option is available to aspiring homeowners. This unique arrangement enables the would-be homeowner to first live in the home of their choosing. Provided rental payments and contractual obligations are met, homeownership is made possible in no time. One’s financial standing, as result of this process, can be improved significantly (i.e. paying down debt, improving a credit score, saving for a down payment, and more).
Summary
The taxexemptworld.com website reports that 465 distinct active nonprofit organizations exist in Kerrville. This is significant given its small size, further enriching the dynamic artistic, musical, social and cultural landscape of Kerrville. This also demonstrates that Kerrville’s residents are active, energetic and motivated to keep its city alive with year-round fun and exciting activities and projects benefiting the community and county at large. For a hill country setting, with nature and wildlife to view and enjoy, and many year-round cultural and recreational activities to engage in—Kerrville, Texas is the place to call home.
Rent to Own Realtors
Using a realtor for your rent to own deal can offer great benefits. Agents are well versed in real estate so they can effectively communicate opportunities and discern which of those opportunities is a legitimately good deal.
Nonetheless, not a lot of realtors will want to help with your rent to own deal because upfront profit for a realtor is minimal and the big payout down the line is not a guarantee.
That means you’ll have to do a little research to ensure that you make the best decisions, but you will save money on commission.
About Our Listings
Rent to Own Labs offers free listings for rent to own by owner, foreclosed homes and owner financed properties. Start looking for apartments or houses near me with the Rent to Own Labs search function.
These programs are a great way to buy a condo or townhouse if you have bad credit. In fact, lease purchase and rent to buy programs usually offer cheap homes with no credit check. Just make sure you look at your lease to purchase agreement to understand whether you have the option or obligation to buy the home you’re looking at. Lease-purchase agreements require the buyer to purchase by the end of the lease term, while lease-option agreements give the buyer the option to buy.
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