Rent to own Homes in Horizon City, TX
Located in El Paso County, Horizon City has a 2010 population of 16,735. Considered one of the fastest growing cities in Texas, Horizon City has seen its population explode from just 5,000 at the time of the 2000 Census. City officials expect the current population figures to grow even higher with the expansion of the US Military base at Fort Bliss.
Horizon City, TX is a great place for affordable rent-to-own homes! With a median household income of over $55,667 and a median rent of $994, the Horizon City, 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 Horizon City, 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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Horizon City, TX is seeing rapid growth and Horizon City, TX's' housing market remains optimal with an average home price that is -45% below the 2024 national average. Horizon City, TX is part of El Paso 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 El Paso is 2.09% which is above the national average, which is 0.99%.
Median Home Price in Horizon City, TX
Median Rent in Horizon City, TX
Top 5 Reasons to Live in Horizon City
Huge inventory of available homes! With more than 300 resale and new homes available in Horizon City, it truly is a buyer's market. With so many homes for sale and competition fierce among sellers, many buyers are able to negotiate a sale price below the listing. The largest selection of available rent to own homes are in two neighborhoods - Valentin Drive and McMahon Avenue.
More affordable than the rest of the state! The median sale price of a single family home in the state of Texas is $162,800; however, in Horizon City this figure dips to just $142,500. As a result, buyers are able to get a comparable house for less money in Horizon City than elsewhere in the state. The best deals are in communities like City Center and Duanesburg Street.
Fun events for all! The town of Horizon City sponsors numerous activities and annual events like the Movies at the Park running from June to September. Held after sunset at the ball field at Concoran Park, the event is sponsored by local businesses. Ring in the holidays in style at the annual Christmas Parade that features numerous Christmas themed floats and a visit from Santa's Elves who arrive direct from the North Pole.
Numerous parks! Escape from the heat and humidity of the summer with a visit to the Splash Park. A recent addition to the city, the specially designed park features a large pool complete with a water slide and play area for young children. Perfect your baseball swing or jump shot at the Desmond Corcoran Park just off Rodman Street in Central Horizon City.
Everything tastes better in Texas! Transplants from New England will find themselves feeling nostalgic at Big Mike's Deli where the corned beef hash is screaming New York. Bring enough appetite for two because every sandwich is stacked high with meat, veggies and condiments. Head to Rudy's Country Store and Bar-B-Q for no-frills cafeteria style dining and fall of the bone ribs that are drenched in a sweet and spicy sauce.