Rent to own Homes in Port Arthur, TX
For the love of art! The art scene in Port Arthur is lively, beckoning art lovers as well as artists. Tour the exhibitions at the Museum of the Gulf Coast, or just observe the city's love affair with architecture. The historic Rose Hill Manor, from early 20th century, is a beautiful colonial style mansion and one of the oldest landmarks in the city.
Port Arthur, TX is a great place for affordable rent-to-own homes! With a median household income of over $37,794 and a median rent of $826, the Port Arthur, 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 Port Arthur, 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 Port Arthur, TX
Popular Zip Codes in Port Arthur, TX
77642 rent to own homesBuying a Home in Port Arthur, TX
Port Arthur, TX is seeing rapid growth and Port Arthur, TX's' housing market remains optimal with an average home price that is -68% below the 2024 national average. Port Arthur, TX is part of Jefferson 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 Jefferson is 1.59% which is above the national average, which is 0.99%.
Median Home Price in Port Arthur, TX
Median Rent in Port Arthur, TX
Top 11 Reasons to Live in Port Arthur
Because the city has character! N othing encapsulates Port Arthur's attitude to life better than the city's motto--let the good times roll. The nearly 100-year old Hotel Sabine and the Golden Triangle Veterans Memorial Park remind us of the spirit and ethos of Port Arthur.
Events that celebrate life! Participate in the annual Mardi Gras festivities in February to truly experience the joie de vivre that courses through the city's veins. Join the colorful parade that begins at Rose Hill. Come September, it's time for the Bodon Gun and Knife Show at the Robert A. Bowers Civic Center. You're in Texas, remember?
Because you love gumbo! Not just lip-smacking chicken, seafood and sausage gumbo; if you're a food lover, you will enjoy exploring Port Arthur's culinary landscape. For classic steaks, visit Saltgrass Steak House. For great continental cuisine, Beau Reve is the restaurant to visit.
A seductive nightlife! As the orange sun sets over the horizon, the city stirs for action that lasts into the wee hours. Dylan's Bar and Grill is a favorite, while the Capri Club, a popular concert venue, hosts local artists and big names.
Economic upswing plus a buyer's market! Port Arthur is in the middle of an economic boom and job opportunities are opening up. The Motiva Enterprises refinery produces 600,000 barrels a day! And with home prices dropping (down almost 2% year to year), your budget can stretch even more, especially in neighborhoods like Sabine Pass or El Vista.
Dream homes available! House-hunting in Port Arthur is almost a pleasant exercise. Among the locations, you can choose rent to own houses in the beautiful neighborhood of Port Acres or in Griffing Park, which offers the advantage of short commutes to the workplace.
Connect with nature! You're never far from the great outdoors in Port Arthur. Creeks, the sea, inland estuaries and hiking trails offer you a chance to experience nature. You can go gator sighting at the Blue Elbow Swamp. Ancelet's Marina is the starting point for memorable fishing excursions into Sabine Lake.
Plenty of recreation and play! Camping and RV parks, hiking trails, three golf courses and 29 biking trails mean that there is an outdoor activity for everybody. The Babe Zaharias Memorial Golf Course is the most popular golf course in the city. Featuring 70 sites and 34 cabins, Access RV Park is one of the region's best-maintained RV Parks.
Quality of life! Your dollar travels far in Port Arthur. You can live in style for less and this regardless of whether you have your own property or have opted for the rent to own homes approach. A 65.88% appreciation over the past decade and an annual appreciation of 5.19% in Port Arthur real estate are strong reasons for owning property here, whether you choose a home in Lakeview, Pear Ridge or one of the other communities.
Attractive vacancy rates! A 14.40% vacancy rate means that there isn't a lack of quality housing units anywhere in the city, whether it's on the shores of Sabine Lake or nearer to Taylor Bayou. With more than 34% of the population staying in rented accommodations, the city knows to take care of those that opt for rent to own apartments.