Rent to own Homes in Little Elm, TX
Little Elm is indeed a little town, but it has more miles of shoreline -- 66 to be exact -- than any other community in the Dallas-Fort Worth metropolitan area. In addition, it is one of the fastest-growing communities in North Texas, so it may not be "little" much longer. Located in Denton County, and nestled between larger and more developed suburbs, this town with its current population of between 30-40,000 is expected to grow to 90,000 at build-out.
Little Elm, TX is a great place for affordable rent-to-own homes! With a median household income of over $94,446 and a median rent of $1,660, the Little Elm, 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 Little Elm, 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 Little Elm, TX Property Resources
Rent to own Homes in Cities Near Little Elm, TX
- Addison
- Anna
- Argyle
- Aubrey
- Bartonville
- Bedford
- Carrollton
- Celina
- Colleyville
- Coppell
- Copper Canyon
- Corinth
- Dallas
- DISH
- Double Oak
- Farmers Branch
- Flower Mound
- Frisco
- Garland
- Grand Prairie
- Grapevine
- Gunter
- Hackberry
- Hebron
- Highland Village
- Hurst
- Irving
- Justin
- Lake Dallas
- Lakewood Village
- Lantana
- Lewisville
- Lincoln Park
- Little Elm
- Lucas
- Murphy
- North Richland Hills
- Oak Point
- Paloma Creek South
- Ponder
- Prosper
- Providence
- Providence Village
- Richardson
- Roanoke
- Savannah
- Shady Shores
- Southlake
- University Park
- Weston
Neighborhoods in Little Elm, TX
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75068 rent to own homesBuying a Home in Little Elm, TX
Little Elm, TX is seeing rapid growth and Little Elm, TX's' housing market remains not optimal with an average home price that is 24% above the 2024 national average. Little Elm, 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 Little Elm, TX
Median Rent in Little Elm, TX
Top 5 Reasons to Live in Little Elm, TX
Recreation reigns supreme: Termed "the town with a lake," much local life revolves around Lake Lewisville, with a boat ramp, swimming beach, marina and an amphitheater on the water as attractions. McCord Park, with a disc golf course and numerous trails, gets residents out of their homes to enjoy nature and healthy exercise.
Mix of housing: Because Little Elm's population increased more than tenfold since 2000, much of the available housing is new; there are large lakeside estates and custom homes, traditional neighborhoods with tract-style housing, townhouses, condos and modular housing. Residents take beautification seriously, and tree-planting is encouraged. From May through October, you can shop for local produce and crafts at the Little Elm Farmers Market. To meet your neighbors, head to Schmitty's for burgers and pizza.
Cooler friendly: Almost any place you go, from the beach to local parks to sporting events and community celebrations, coolers filled with your favorite beverages are not only allowed, but welcome. That doesn't mean that abuse is tolerated, but it does mean that residents can have a lot of fun during weekends at the lake, local parks and playing fields. Beard Park is home to the Hydrous Wake Board Park and has its own beer garden.
Look to the future: Rent to own property can represent great value for new residents, even though the median home price has increased about $40,000 since 2012. The city's master plan for its town center includes a core area with unique architecture and business, restaurant and entertainment options. For now, though, you may have to drive to Frisco or The Colony for your shopping and services.
Safe and social: Progressive Little Elm was named by the FBI in 2013 as the second safest city in the country. It has installed five digital marquee monuments to keep its residents informed about special events and local programs. Some of those programs include citywide clean-up days, adopt-a-street efforts and tree-planting plans.