Rent to Own Homes in Weatherford
Located 30 miles west of Ft. Worth and 100 miles south of the Oklahoma border, Weatherford is a small city of about 25,000 people. Famed for its historic buildings and landmarks, Weatherford is also widely regarded as the Peach Capital of Texas and the Cutting Horse Capital of the World. Thousands pour in annually to experience these unique attractions. Many are also drawn to its... Read More
Located 30 miles west of Ft. Worth and 100 miles south of the Oklahoma border, Weatherford is a small city of about 25,000 people. Famed for its historic buildings and landmarks, Weatherford is also widely regarded as the Peach Capital of Texas and the Cutting Horse Capital of the World. Thousands pour in annually to experience these unique attractions. Many are also drawn to its classic festivals, array of historical museums, fine dining and eateries, and the multitude of Mom and Pop shops dotting its historic downtown area. Historically and culturally, Weatherford is no small player. Given the many residential properties it has to offer – at prices well below regional and national averages – Weatherford is one of the most desirable places in which to live outside the Dallas-Fort Worth Metro area.
Buying a Home in Weatherford, TX
Many historic homes and buildings in Weatherford feature Queen Anne, Victorian and other historically important 20th century motifs. Church houses, courts, city buildings, among others, also maintain their distinctive historical appeal. The homes that line its residential streets are, of course, newer. Most of the homes available in this growing city were constructed between 1970 and 1999, with many of them having gone up between 2000 and the present. Median home prices here sit at around $204,700, slightly lower than the $249,900 Texas average. What’s more, Weatherford is projected to slightly outpace Texas’ overall home appreciation average of 3.9%. According to Zillow, home values are expected to rise 4.2% within the next year. The below results are primarily rent to own homes in Parker County, TX:
Located 30 miles west of Ft. Worth and 100 miles south of the Oklahoma border, Weatherford is a small city of about 25,000 people. Famed for its historic buildings and landmarks, Weatherford is also widely regarded as the Peach Capital of Texas and the Cutting Horse Capital of the World. Thousands pour in annually to experience these unique attractions. Many are also drawn to its... Read More
Located 30 miles west of Ft. Worth and 100 miles south of the Oklahoma border, Weatherford is a small city of about 25,000 people. Famed for its historic buildings and landmarks, Weatherford is also widely regarded as the Peach Capital of Texas and the Cutting Horse Capital of the World. Thousands pour in annually to experience these unique attractions. Many are also drawn to its classic festivals, array of historical museums, fine dining and eateries, and the multitude of Mom and Pop shops dotting its historic downtown area. Historically and culturally, Weatherford is no small player. Given the many residential properties it has to offer – at prices well below regional and national averages – Weatherford is one of the most desirable places in which to live outside the Dallas-Fort Worth Metro area.
Buying a Home in Weatherford, TX
Many historic homes and buildings in Weatherford feature Queen Anne, Victorian and other historically important 20th century motifs. Church houses, courts, city buildings, among others, also maintain their distinctive historical appeal. The homes that line its residential streets are, of course, newer. Most of the homes available in this growing city were constructed between 1970 and 1999, with many of them having gone up between 2000 and the present. Median home prices here sit at around $204,700, slightly lower than the $249,900 Texas average. What’s more, Weatherford is projected to slightly outpace Texas’ overall home appreciation average of 3.9%. According to Zillow, home values are expected to rise 4.2% within the next year. The below results are primarily rent to own homes in Parker County, TX:
Popular Neighborhoods in Weatherford, TX
Aside from their iconized peaches and beloved Cutting Horse competitions, many other distinctly Weatherford attractions deserve mentioning. The recently renovated and expanded Doss Heritage and Culture Center, a 23,000 square foot museum dedicated to the preservation of the area’s rich history and culture, is a significant draw. The Museum of the Americas, Vintage Car Museum and Event Center, and the Chinese architecture and English garden-inspired Chandor Gardens are also notable mentions attracting thousands yearly. Plentiful parks, boutiques, and fine restaurants are also a mainstay feature of Weatherford.
Of Weatherford’s seven unique neighborhoods, its northernmost one – Poolville / Peaster – is perhaps the most exclusive. Home and rental prices here are definitely affordable too. Median Real estate prices are currently around $167,281. What’s worth noting is that 67% of the homes here fall between $63,000 and $252,000. The average rental price of $917 is also considerably lower than the Texas and Dallas-Fort Worth averages, making the Poolville / Peaster neighborhood one of the best neighborhoods in which to live.
Buying vs. Rent to Own Homes in Weatherford, TX
Given its lower than average rental prices, relocating to Weatherford should prove worry free financially speaking. One option that the aspiring homebuyer can consider is the Rent-to-Own option. This unique opportunity enables first-time homebuyers and dream house seekers alike to live in the home of their choosing provided they meet the monthly rental payments and agreed upon contractual obligations. The aspiring homebuyer benefits from this arrangement by being able to, first, secure the home they would like to eventually own, and second better their financial standing by saving money for a down payment, reducing debt and liabilities, and improving their credit score.
Summary
Weatherford is a nice blend between the allure of big city and the slower peaceful way of rural suburban life. Weatherford’s distinctive history, unique architecture, and overall small town community feel with its plethora of civic, social, and cultural amenities to choose from make it a place certainly worth considering. Less than half hour from Ft. Worth and not too far off from renowned big Texan cities, work and career opportunities (in a state still experiencing an economic boom of sorts), with its abundant and affordable residential options Weatherford is one place not to miss.
Rent to Own Realtors
Realtors have more experience with closings and real estate contracts than the typical buyer or seller, but not many of them want to work with rent to own deals. A commission from the sale of a home is much larger than the commission a realtor will receive from rent for the first few years of a lease-option deal.
Instead, visit title companies to make sure the property is eligible for rent to own, consult with a lawyer to ensure that the contract benefits you and meet with a mortgage broker to find out when the buyer will be ready to close on the home.
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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