Rent to Own Homes in Weslaco
The United States Border Patrol Weslaco Station... Read More
The United States Border Patrol Weslaco Station is positioned within the city and offers many jobs to locals. Other major employers for the city include the Texas Department of Public Safety and the U.S. Postal Service. Some of the major industries for this area of Texas include healthcare, international trade, tourism and retail.The below results are primarily rent to own homes in Hidalgo County, TX:
The United States Border Patrol Weslaco Station... Read More
The United States Border Patrol Weslaco Station is positioned within the city and offers many jobs to locals. Other major employers for the city include the Texas Department of Public Safety and the U.S. Postal Service. Some of the major industries for this area of Texas include healthcare, international trade, tourism and retail.The below results are primarily rent to own homes in Hidalgo County, TX:
Weslaco is a family-friendly city that hosts parades, street festivals and other community events throughout the year. Residents have access to the Weslaco Museum and the Weslaco Public Library, and children are served by the Weslaco Independent School District. Educational opportunities are also provided by the South Texas Independent School District and Idea Public Schools. The Weslaco Parks and Recreation Department operates a few swimming pools and more than five city parks, all open to residents for outdoor recreation.
Buying a Home in Weslaco?
With a median listing price that tends to stay below $200,000 it's not difficult to find affordable homes in Weslaco. The median home size is around 2,000 square feet, and you can expect to pay around $80 per square foot in many family-friendly neighborhoods. If you have children, remember that some schools in this city aren't highly rated. You have the option of sending your kids to a charter school, and you may request a transfer to a higher-performing school.
Popular Neighborhoods in Weslaco?
Expressway Heights Colonia is one of the most popular Weslaco neighborhoods. You'll find it in the northwestern corner of the city, mostly running west of Mile 5 Road West. The median home price in this area is typically a little above $100,000, and most homes are owned by their occupants. Most of the homes were built between 1970 and 1999, and most houses have two or three bedrooms.
Another popular city occupies the southwestern corner of the city and is known as Midway Village Colonia. The median home price is well below $100,000 in this area, and you will find some newer properties mixed in with homes built prior to 1999. Most homes in this community are owned by their occupants.
Buying vs. Rent to Own Homes?
Rent-to-own homes in Weslaco could put you on the path to homeownership. When you sign a rent-to-own contract, you have the option to purchase the property after a brief rental period. The current owner often assumes responsibility for repairs and maintenance of the property until you secure financing and officially become the owner of the home. If you intend to buy a home in Weslaco in the next year or two, you may find rent-to-own properties suitable to your needs.
Cost of Living in Weslaco?
The cost of living in Weslaco can drop as much as 30 percent below the national average. This is mostly a reflection of the cost of housing, which can drop up to 50 percent below average at times. Most residents also spend less than average on transportation, and utility rates are often 10 percent below average. You can also expect to pay below-average prices for food and most consumer services. If you select your housing with care, you can live comfortably in Weslaco even with a modest budget.
If you want to live in the deep south, Weslaco, Texas, may call your name. This southwestern city is less than 50 miles from the Mexico border and maintains offices for the U.S. Border Patrol and the Texas Department of Public Safety. Residents have access to jobs in healthcare, retail and tourism and are served by three different school systems. This is a family-friendly community that offers public swimming pools, scenic parks and community festivals for residents as well as visitors.
Summary
If you want to live in the deep south, Weslaco, Texas, may call your name. This southwestern city is less than 50 miles from the Mexico border and maintains offices for the U.S. Border Patrol and the Texas Department of Public Safety. Residents have access to jobs in healthcare, retail and tourism and are served by three different school systems. This is a family-friendly community that offers public swimming pools, scenic parks and community festivals for residents as well as visitors.
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
Financially, buying apartments, houses or any other types of properties makes sense when compared to renting. You're paying roughly the same amount per month for your mortgage that you would to rent the same type of home. However, there are obstacles that make that process difficult to attain, like minimum down payments and bad credit. Those barriers prevent banks from ending up having to sell foreclosed homes.
Nonetheless, those barriers shouldn’t stop you from owning your own condo or townhouse. Through rent to buy and lease to purchase programs with no credit check, you could start working toward owning a house.
A lot of people who rent to own by owner take advantage of Rent to Own Lab’s free listings. Search our website for cheap lease-purchase or lease-option properties near me and see if rent to own could be the right option.
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