Rent to own Homes in Texarkana, TX
The peculiar name of Texarkana is befitting for a town that sits along the borders of Texas and Arkansas. The Texas side is located in upper northeastern Texas and is known as the gateway to the Southwest. The location is only a short distance from Louisiana, in the middle of a thriving transportation, commerce and industrial center. If that's not enough, here are five more reasons to get you off the fence.
Texarkana, TX is a great place for affordable rent-to-own homes! With a median household income of over $46,408 and a median rent of $797, the Texarkana, 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 Texarkana, 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 Texarkana, TX
Neighborhoods in Texarkana, TX
Highland Park rent to own homes Beverly Heights rent to own homes Rosehill rent to own homesBuying a Home in Texarkana, TX
Texarkana, TX is seeing rapid growth and Texarkana, TX's' housing market remains optimal with an average home price that is -34% below the 2024 national average. Texarkana, TX is part of Bowie 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 Bowie is 1.34% which is above the national average, which is 0.99%.
Median Home Price in Texarkana, TX
Median Rent in Texarkana, TX
Top 5 Reasons to Live in Texarkana, Texas
Day-tripping is encouraged. Because Texarkana is such a gateway to many southwest locales, day trips are highly encouraged. There are plenty nearby Texas towns to visit. There's the city of Linden, which also referred to as the gateway to the lakes. Not surprisingly, three lakes surround the city and provide tons of fun with outdoor activities. Then there is Atlanta, as in Texas, not Georgia. This town is for the serious shopper and offers over 40 shops in its downtown area.
Lower cost of living. Inexpensive housing, as compared to the national average, is a plus to moving to Texarkana. While housing costs have grown steadily in Texarkana, the average house price is still lower than the national average. With this lower cost of living, all the recreational activities and the beautiful scenery, you get a bargain community with plenty of extras, whether you plan to buy or rent to own. Looking for places to spend that extra time and cash? Check out Naaman's Championship BBQ for some grub or Taste & See for specialty coffee, chocolate and gelato.
Museums and more. Cultural enthusiast will revel in the number of museums, historical structures and artful activities in Texarkana. For one, the Ace of Clubs House is a Victorian treasure with an interior layout in the shape of a club. Then there's the Museum of Regional History, the Perot Theatre and the Texarkana Symphony Orchestra to round out an array of cultural activities and musical events.
Plenty of outdoor adventures. Within this natural beauty are plenty of parks with waterways, hiking trains and championship golf courses to explore and enjoy. Spring Lake Park and Bill Ferguson Park are just two examples of what the Texarkana area has to offer. These parks provide walking trails, sports fields, fishing, hunting and plenty of green space and forestry for residents to enjoy.
Available housing options. Southern charm is not the only thing Texarkana delivers on. It has affordable housing as well. The median home price is $94,400. This price is below the average for the state of Texas and nationally. Additionally, there is no need to fret about losing out on the home of your dreams. Texarkana neighborhoods give you plenty of choices.You can hop on over to communities like Garland, Sanderson Lane and Sugar Hill Road to find a house for sale, or homes for rent.