Rent to own Homes in Belton, TX
First laid out as a town named Nolanville, the current name of Belton was given in 1851 after a Texas governor. When the dam at the north of the city was built, forming Belton Lake, the neighboring town of Sparta was swallowed up by the rising water. These days, Belton is home to just over 18,000 people and is the County Seat of Bell County. It's just down the road from Killeen and the sprawling military facility that is Fort Hood.
Belton, TX is a great place for affordable rent-to-own homes! With a median household income of over $49,617 and a median rent of $967, the Belton, TX rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Belton, TX. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
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Rent to own Homes in Cities Near Belton, TX
Neighborhoods in Belton, TX
North Central Benton Historic District rent to own homes Central Belton Historic District rent to own homes Lower West Bolton Historic District rent to own homes Downtown Belton Historic District rent to own homes South Main Street Historic District rent to own homesPopular Zip Codes in Belton, TX
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Belton, TX is seeing rapid growth and Belton, TX's' housing market remains optimal with an average home price that is -26% below the 2024 national average. Belton, TX is part of Bell county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Bell is 1.88% which is above the national average, which is 0.99%.
Median Home Price in Belton, TX
Median Rent in Belton, TX
4 Reasons to Love Living in Belton,TX
Strong home values! The average listing price for homes on the market near the end of 2014 was $287,934, which is one of the higher averages in the area. That means anyone looking at rent to own housing opportunities will likely find a good investment in Belton. You can find executive-style estate homes near Lake Belton or more affordable properties closer to Continental Park or the University of Mary Hardin-Baylor.
Belton Lake, Leon River and Nolan Creek! Behind Miller Spring Park is the reservoir known as Belton Lake, a big recreation area that offers camping, hiking, boating, fishing, swimming and more. Water spilling through the dam forms Leon River, which flows down along the east side of Belton. Another smaller dam forms Temple City Lake, a small lake right in town. Nolan Creek is to the west and winds through several parks and the downtown area, providing a nice strip of green space through the city.
Great local recreation and entertainment! Summer Fun Waterpark is a favorite for locals. It's not as big as some, but the smaller size provides a more personal experience. It's next door to Heritage Park, which is filled with ball fields and picnic areas. For a different kind of relaxation, take in the pampering at the Woodhouse Day Spa at Nolan Creek. For delectable barbecue, stop in at Miller's Smokehouse. Discover the history of the region at the Bell County Museum on Main St. and grab a cup at nearby Arusha's Coffee and Tea.
Housing options! Near the University are several apartment complexes, like Montrose Place, offering attractive rental prices. There are more behind the Oak Village Shopping Center too. The neighborhood to the west of Yettie Polk Park is an established area of mostly single-family homes. Just across the river, downtown Belton's commercial district is peppered with nice shops among the government buildings and businesses. To the south, along I-35, you will find some newly built homes and a couple of manufactured home parks.