Rent to Own Homes in Laredo, TX

Located on the border next to the Rio Grande, Laredo, Texas sometimes gets confused with the neighboring city Nuevo Laredo, in Mexico, but Americas Laredo is a safe place with many attractive amenities encompassing education, entertainment and cultural diversions. Texas A and M University is located here, as are Laredo Community College and other notable institutions of higher learning. The Planetarium is intellectually stimulating and a fabulously fun time for people of all ages. Though the climate is hot and dry, there are lots of bodies of water that adventurous and active folks love to take advantage of, including Lake Casa Blanca in the International State Park of the same name. Its true that Laredos housing market has hit some bumps, but its recovering slowly yet steadily. Families hoping to raise kids or students looking for cheap accommodations should scoop up the inexpensive real estate while it stays affordable. There are great options for rent to own houses, homes to purchase or apartments to rent.

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B6291d0c0990d1f3933199717cf1ec78
Listing Type
REO Foreclosure
Description

2 Beds, 2 Baths

Laredo, TX 78045

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School: United Day School
Grocery: Stripes
Restaurant: Lotus
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D7b7d631c93f7e8c679aedfa6ad8bb71
Listing Type
REO Foreclosure
Description

3 Beds, 2 Baths

Laredo, TX 78041

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School: United Step Academy
Grocery: Stripes
Restaurant: Danny's Restaurant
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0822618318e0d34cc8ef361f87abde14
Listing Type
HUD Foreclosure
Description

4 Beds, 2 Baths

Laredo, TX 78043

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School: Lamar Middle School
Grocery: Stripes
Restaurant: Richie's Burgers
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B9f8f66b73b81d05b691f27b470b55b5
Listing Type
HUD Foreclosure
Description

3 Beds, 2 Baths

Laredo, TX 78045

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School: Barbara Fasken Elementary
Grocery: Shell Tejano Mart
Restaurant: Guely's Restaurant
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Acbb02531adee10783b4402f0c4452a5
Listing Type
REO Foreclosure
Description

3 Beds, 2 Baths

Laredo, TX 78045

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School: Trautmann Middle School
Grocery: Variety Meats
Restaurant: Albert's Mesquite Grilled
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3e9159e160dc467657dbdc8b26c4385a
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For Sale By Owner
Description

4 Beds, 3 Baths

Laredo, TX 78045

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School: Dr Malakoff Elementary
Grocery: El Tendajo Convenience Store
Restaurant: Campeche Taqueria & Snacks
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1d63f773beabb80647b5b5ed196722bf
Listing Type
REO Foreclosure
Description

3 Beds, 2 Baths

Laredo, TX 78045

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School: Dr Malakoff Elementary
Grocery: Stripes
Restaurant: Montana Mike's Steakhouse
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988fa24169be445c2bf3a68e0819c51b
Listing Type
For Sale By Owner
Description

3 Beds, 2 Baths

Laredo, TX 78045

Accepting Offers

Price
Click for Deals
Financing
Bad Credit Accepted
Nearest
School: Barbara Fasken Elementary
Grocery: Shell Tejano Mart
Restaurant: Guely's Restaurant
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4397aeaab87301aa0c62e2e966f4b6a0
Listing Type
For Sale By Owner
Description

3 Beds, 2 Baths

Laredo, TX 78045

Accepting Offers

Price
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Financing
Bad Credit Accepted
Nearest
School: Kazen Elementary
Grocery: Shell Tejano Mart
Restaurant: Guely's Restaurant
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Housing Statistics

The Laredo housing market is improving in 2013, though it hasnt yet reached the levels it enjoyed in 2011 or earlier. However, there is a marked improvement over last year at the same time. The median price for a home currently sits around $169,000, though different neighborhoods will vary this estimate wildly. That number is helpfully 5.7 percent higher than a year ago, so values are going up. The mean price for a detached house is worth considering as well, as many people opt for townhouses or rentals. In 2009 a detached home ran a buyer $105,337, and shoppers today can expect even better deals.

A trend has emerged; sellers are pricing their homes too high, meaning buyers can negotiate down quite a bit. For individuals on a budget, rentals are also an option. Wasting money on a rental is a thing of the past. In Laredo, 60 percent of homes are owned, 36 percent are rented and 4 percent are vacant. Thats a lower vacancy rate than the national average, so demand is still high. Additionally, 61 percent of residents lived in the same home five years ago.

Local Restaurants

There are hundreds of excellent eateries in Laredo, including downtown and all over the border between countries. Both students and families love dining out, and Mexican is the preferred cuisine choice. Taco Palenque is particularly popular, with the tortillas and salsa called out as superior. Texas Roadhouse is an American style restaurant with steak, barbecue and southern favorites available. El Capataz is an upscale dining establishment, also with Mexican fare, but theyre known as a high-end gastropub, with an excellent selection of draught beers and seafood.

Largest Employers and Industries

The most common industries in Laredo are educational services and construction. Women make up the majority of individuals working in education, while men make up the majority of individuals working in construction. Trade is high in the city, where many trucking companies do international business with Mexico and have foundations in Laredo. The United Independent School District is the number one employer, with 6,073 employees, followed closely by Laredo Independent School District with 4,200 employees. The largest private sector employer was H.E.B. Grocery with 1,668 employees.

Neighborhoods

Though there are lots of smaller neighborhoods in Laredo, and the larger areas often encompass them. In fact, there are dozens of smaller neighborhoods, some of which are industrial parks and green spaces, but getting to know Laredo means knowing the larger areas first, and then exploring distinctive districts on the ground. It is worth pointing out, there are several historical districts located downtown, but for these purposes they will be combined, as they are only a few blocks large. No matter where you end up, there are lots of choices for purchasing a home including buying or renting.

Del Mar: Located in the northern portion of Laredo, Del Mar is an affluent community where the greenest parts of the city are located, in addition to the Casa Blanca Country Club. Its the near the Lake Casa Blanca International State Park and has a more educated populace.

Fort McIntosh: Set on the very western edge of Laredo cuddled up against the Rio Grand and the border, Fort McIntosh has inexpensive houses and rentals including both apartments and attached homes.

San Agustin: This is one of the historical districts in Laredo, and it sits next to the St. Peters District as well as the Old Mercado District. They are all found downtown and feature impressive vintage architecture and rich cultural attractions

Downtown: Downtown does include the historical districts, but it also has wider areas all its own. This is a busy center of the city, where the Civic Center and Riverdrive Shopping Center are located. More renters and fewer owners here, but the prices are also lower.

Nye: Situated on the northwestern edge of the city, Nye is slim and small, and it caters to better off students and families, though its a very youthful area. Its not quite as expensive or educated as Del Mar, but similar types of people settle in both areas.

Laredo is the fastest growing city in America, and thats happening because it has excellent educational institutions, fantastic recreational opportunities, unique and charming cultural attractions, and a steady housing market. It may have suffered during the recession, but now Laredo is developing quickly. The houses are still affordable and home values are expected to rise steadily in the next few years.