Rent to own Homes in Lewisville, TX
Lewisville is no mere suburb of Dallas: it's a beautiful city in its own right. Lewisville was founded in the Republic of Texas in what is now Denton County. Being 24 miles away from Dallas, Lewisville gives you all the advantages of the big city while being in more of a suburban setting. Lewisville was named one of the 25 fastest-growing city populations based on the 2010 census. It's definitely a city on the move, and it's not showing signs of stopping. If you want to be in a hot, vibrant place, where you can easily afford to rent a house or buy a home in a great neighborhood, Lewisville has everything you could want!
Lewisville, TX is a great place for affordable rent-to-own homes! With a median household income of over $67,026 and a median rent of $1,228, the Lewisville, 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 Lewisville, 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.
More Lewisville, TX Property Resources
Rent to own Homes in Cities Near Lewisville, TX
- Addison
- Bedford
- Blue Mound
- Carrollton
- Cockrell Hill
- Colleyville
- Coppell
- Corral City
- Cross Roads
- Dallas
- Denton
- Draper
- Duncanville
- Euless
- Farmers Branch
- Fort Worth
- Garland
- Grand Prairie
- Grapevine
- Haltom City
- Haslet
- Hebron
- Hickory Creek
- Highland Park
- Irving
- Justin
- Keller
- Krugerville
- Krum
- Lewisville
- Little Elm
- Northlake
- North Richland Hills
- Oak Point
- Paloma Creek
- Pantego
- Pilot Point
- Ponder
- Prosper
- Providence Village
- Richardson
- Richland Hills
- Roanoke
- Saginaw
- Sanger
- The Colony
- Trophy Club
- University Park
- Watauga
- Westlake
Neighborhoods in Lewisville, TX
Timber Creek Square rent to own homes Lewisville Valley rent to own homes Waters Ridge rent to own homes Lakepointe rent to own homes Vista Ridge rent to own homesPopular Zip Codes in Lewisville, TX
75057 rent to own homes 75029 rent to own homes 75067 rent to own homes 75056 rent to own homesBuying a Home in Lewisville, TX
Lewisville, TX is seeing rapid growth and Lewisville, TX's' housing market remains not optimal with an average home price that is 7% above the 2024 national average. Lewisville, TX is part of Denton 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 Denton is 2.14% which is above the national average, which is 0.99%.
Median Home Price in Lewisville, TX
Median Rent in Lewisville, TX
Top Reasons to Live in Lewisville TX
Housing in Lewisville Like the rest of the Dallas/Fort Worth area, Lewisville has experienced astronomical growth in the past two decades and shows no signs of slowing down any time soon. Housing sales here have been amazing, and it's affordable. The median housing cost is a very reasonable $146,200. This is a more transient city than some others though; 50 percent of the housing is occupied by renters. There's also a 6.18 percent vacancy rate. There are quite a few homes for rent available in Lewisville. On the plus side, that means Lewisville is a very good place to search if you're looking for a rent to own opportunity. Because the vast majority of houses in Lewisville have been built since 1980, the houses that are available are nicer and less likely to need major updates compared to older communities.
Weather and Climate Hate long winters? Lewisville is where you want to be. The average temperatures in the winter are in the mid-50s, with only very rare days of snow and ice. Summers are hot and dry, and you can still wear shorts even on Halloween. Of course, the downside of the weather in this region is not the heat, but the tornadoes that occur nearly every year. The tornadoes are dramatic, but fortunately only a few people out of the millions who live in this area are seriously affected by them.
Nightlife Most people who live in Lewisville drive into Dallas and other parts of the Dallas/Fort Worth Metroplex when they want to take advantage of major nightlife, like Dallas Cowboys and Texas Rangers games, nightclubs, symphony orchestras and even operas. There's plenty of high-quality entertainment in the area, but most of the options in Lewisville itself are smaller, such as sports bars. Frankie's Sports Bar & Grill has more than 30 HD TVs with DirectTV, a digital jukebox, and 20 local and international beers on tap. The Wild Turkey, open since 1978, boasts the best happy hour around, with specials every day of the week.
Tourist Attractions You can also get away from it all by spending a day at lovely Lake Lewisville, one of the few recreational bodies of water in the Dallas/Fort Worth area. Lake Lewisville has a park that includes 662 acres for public use. Lake Lewisville has marinas that allow you to rent boats, jet skis and wave runners. When it's 100 degrees out in the summer, where else would you want to be than on the water? Outdoor recreation is one of the biggest pastimes for Lewisville residents. The city has more than 14 miles of trails, two recreation centers, and numerous parks. Lewisville is also really committed to maintaining these amenities and plans to expand to 51 miles of off-road trails, 50 miles each of sidewalks and bicycle routes and a 7.4 mile paddling trail down the Elm Fork of the Trinity River. Lewisville is also a big golf city. There are several highly rated golf courses in the city, including the Lakes at Castle Hills, Timbercreek Golf Center, Hank Haney Golf Ranch and the beginner-friendly Lake Park Golf Course.
Largest Employers and Industries Although many people who live in Lewisville commute to work in Dallas, Lewisville itself has many major employers. Some of the biggest employers in Lewisville include JP Morgan Chase, Nationstar Mortgage, Verizon, TIAA-CREF and the Medical Center of Lewisville. If you work at one of these employers and live right in Lewisville, you can be lucky enough to avoid the major traffic that's a big part of the entire Dallas/Fort Worth area.