Rent to Own Homes in Tomball
The area was settled in the early 19th century, as it was good, fertile... Read More
The area was settled in the early 19th century, as it was good, fertile land for both farming and raising cattle. It wasn’t until the early 20th century, however, that it began to really grow and develop. It was topographically an ideal location for a train depot, as it was on the boundary of the low hills of Texas and the flat coastal plains of the Gulf. The railroad came, and so did people – in droves – and a lively community sprang up. Although the railroad boom didn’t last long, the oil and gas industry took a foothold, and those looking to hit it rich with oil kept the town going.The below results are primarily rent to own homes in Harris County, TX:
The area was settled in the early 19th century, as it was good, fertile... Read More
The area was settled in the early 19th century, as it was good, fertile land for both farming and raising cattle. It wasn’t until the early 20th century, however, that it began to really grow and develop. It was topographically an ideal location for a train depot, as it was on the boundary of the low hills of Texas and the flat coastal plains of the Gulf. The railroad came, and so did people – in droves – and a lively community sprang up. Although the railroad boom didn’t last long, the oil and gas industry took a foothold, and those looking to hit it rich with oil kept the town going.The below results are primarily rent to own homes in Harris County, TX:
Tomball incorporated in 1933, and a second boom came after World War II, as people fled the “big city” for quieter environs. The 1970s saw a further influx of people, as the Sun Belt became a popular place because of its climate, low taxes, and job growth.
Buying a Home in Tomball
Over 80 percent of Tomball’s homes were built after 1970. Current listings range from $160,000 to $894,000; the median home price is $242,000, which is about 30 percent above the national average. The average age is 37, and about 45% of the population is married.
The city is in the jurisdiction of the Tomball Independent School District. This district is comprised of eight elementary schools, five intermediate schools, two junior high schools, and two high schools – Tomball High School (within the city limits) and Tomball Memorial High School. The schools generally receive a high rating from GreatSchools, several garnering scores of 8 to 10 (out of 10). Some of the schools are rated lower, so families with school-aged children should investigate the schools when considering a move to the Tomball area.
Popular Neighborhoods in Tomball
Nine constituent neighborhoods comprise the city of Tomball. The westernmost neighborhood is the Rose Hill area, which is made up mainly of medium- to large-sized single-family homes and mobile homes. Most of the residential real estate is owner occupied. All of these things combine to put Rose Hill in the top six percent of family-friendly neighborhoods in the Lone Star State. The median home price in this neighborhood is about $353,000.
Bordering Rose Hill on the east is the Lutheran Church Rd/FM 2920 Rd. neighborhood. Medium- to small-sized single-family homes and mobile homes comprise most of the residential real estate, and most in owner occupied. It’s an upper-middle income area, and the median home price is about $291,000.
Buying vs. Rent to Own Homes
Tomball may already sound appealing because of its mild weather and great schools. Getting financing for a home, however, can be a long process. Many are taking advantage of rent-to-own opportunities. A portion of each month’s rent goes toward a down payment to eventually buy the home. Renters who may not be able to afford a large outlay of cash for a down payment can still look forward to being proud homeowners.
Summary
Tomball retains its small-town feel while sitting in the shadow of one of the great metropolitan centers in the southern United States; the best of best worlds is available in this Texas community. The mild climate, good school system, family-friendly neighborhoods, and projected job growth of 36 percent over the next ten years make Tomball a serious contender for those looking to resettle and find a new home.
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
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.
- 77375
- 77377
- 77337