Rent to Own Homes in Santa Fe

Santa Fe residents are served by the Santa Fe Post Office and the Santa Fe Independent School District. This school system operates Santa Fe High School, Santa Fe Junior High School and two elementary schools.

Buying a Home in Santa Fe

You can expect to see the median listing price below $300,000 for homes in Santa Fe. The median home size is around 2,000 square feet, and most buyers pay at least $100 per square foot. The more desirable neighborhoods can easily command $130 or more per square foot. If you’re moving to the area with school-aged children, you may want to consider the school zones when selecting a home. Some Santa Fe schools are rated much higher than others.

Popular Neighborhoods in Santa Fe

Castle Estates is one of the leading subdivisions in Santa Fe. The median listing price for the community is around $300,000, and you may have to watch the market closely to find properties for sale. You’ll find many newer homes built after the year 2000 in this area, and most homes have at least two bathrooms. You can expect to pay around $100 per square foot in this community.

For larger homes with more expansive lots, look for properties in the Crescent Ranch Estates neighborhood. Properties are often valued around $250,000 in this area, and most homes have two or three bathrooms and more than two bedrooms. The median home size for the area is well over 2,000 square feet.

Buying vs. Rent to Own Homes

How long have you been renting apartments or single-family homes that you will never get to call your own? If it’s been too long, you may find a rent-to-own home in Santa Fe suitable for your household. These properties allow you to rent in the short term while planning to buy the same home in the long term. The amount of time that you have to make the purchase will depend on the terms of your contract, but in general, you can expect to have 12 months or longer. Once your rental phase comes to a close and you purchase the property, you can officially consider yourself a homeowner.

Summary

If you want to live a short drive from the action of the Texas Gulf Coast but don’t want to live right on the coast, you may want to call Santa Fe home. This is a pleasant small town with fewer than 15,000 residents, but that doesn’t mean you won’t enjoy an active nightlife and easy access to multiple beaches. There are many options for outdoor recreation and family fun throughout the city, and you’re always a short drive from Galveston Island and Goat Island.

Rent to Own Realtors

An agent serves as a protection for both the buyer and the seller. They can save the buyer and seller a lot of time and money, which could offset the realtor’s commission.

However, not many realtors are interested in helping with lease-options. They make a minimal profit off of the lease portion of the deal, and the profit from the purchase is several years down the line and isn’t guaranteed.

Instead, protect yourself by communicating with lawyers, title agents and mortgage lenders to ensure that your rent to own deal works smoothly.

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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