Rent to own Homes in Sherman, TX
Home to 38,000 people, Sherman sits close to the border between Texas and Oklahoma. The town enjoys mild winters with average highs in the 50s, but the hot summer sun heats things up, with average highs in the low 90s. Sherman dates back to 1846, but it wasn't always where it is now. The town started out smack in the middle of Grayson County and was moved three miles east two years later. From shopping in suburbia to fishing in the great outdoors, Sherman has plenty to offer.
Sherman, TX is a great place for affordable rent-to-own homes! With a median household income of over $50,627 and a median rent of $902, the Sherman, 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 Sherman, 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 Sherman, TX Property Resources
Rent to own Homes in Cities Near Sherman, TX
- Achille
- Bee
- Bells
- Calera
- Cartwright
- Colbert
- Cumberland
- Denison
- Dorchester
- Durant
- Ector
- Gordonville
- Gunter
- Hendrix
- Howe
- Kemp
- Kingston
- Knollwood
- Little City
- Madill
- Mc Bride
- Mead
- New Woodville
- Platter
- Pottsboro
- Preston
- Ravenna
- Sadler
- Sand Point
- Savoy
- Sherman
- Sherwood Shores
- Silo
- Southmayd
- Tom Bean
- Van Alstyne
- Whitesboro
- Whitewright
Neighborhoods in Sherman, TX
Sherman Arts And Entertainment District rent to own homes Downtown Sherman rent to own homes Central Business District rent to own homes Sherman Historic Preservation District rent to own homesPopular Zip Codes in Sherman, TX
No zip codes foundBuying a Home in Sherman, TX
Sherman, TX is seeing rapid growth and Sherman, TX's' housing market remains optimal with an average home price that is -40% below the 2024 national average. Sherman, TX is part of Grayson 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 Grayson is 1.53% which is above the national average, which is 0.99%.
Median Home Price in Sherman, TX
Median Rent in Sherman, TX
Top 7 Reasons to Live in Sherman, TX
Growing number of homes for sale! More homes are going on the market in Sherman, which is good news if you're looking for a house for sale. Rent to own homes are another option to consider if you're not ready to buy something just yet. You should be able to find plenty of available homes to buy or rent in the North Sherman Junction and Knollwood neighborhoods.
A variety of rentals available! Roughly 40 percent of Sherman homes are renter-occupied, and the vacancy rate is about twice as high as the US average. That means you won't have trouble finding a great place to rent. Want to be near the action? Look in the City Center neighborhood or close by in the Tribune neighborhood.
True Texas barbecue! Sherman offers authentic Texas barbecue at a few different places. The most talked about are Cackle and Oink and Fine BBQ, which are both on Texoma Parkway. Bring your appetite, and order up some brisket.
Festival fun! Sherman has festivals for all seasons. The Snowflake Festival takes over the downtown area in winter, and summer festivals include Lights on the Lake at Pecan Grove Park and the Red River Bike Rally, which starts at Apple Stadium.
Natural beauty! Visit Hagerman National Wildlife Refuge to explore forests and wetlands. You might also see some of the area's natural inhabitants, including river otters, beavers, bobcats and white-tailed deer. Nearby Lake Texoma offers great places for fishing, camping and boating.
Arts and entertainment! Enjoy theatrical performances of famous Broadway shows put on by the talented Sherman Community Players. Attend the Autumn and Arts Fest in downtown Sherman for art shows, live music and entertainment.
Outdoor recreation! Hit the walking trails, play some tennis or plan a picnic at Fairview Park. At Herman Baker Park, you can jog or walk along the park's natural trail system, admire the views of Pickens Lake, and maybe even go sledding in winter.