Rent to own Homes in West University Place, TX
West University Place, nicknamed "The Neighborhood City," is known for being a great place for families. With a modest population of 14,787, this community specializes in offering residents various recreational activities and ways to relax. Whether it's the recreation center which is often frequented by youth or the vast transportation infrastructure, West University Place is a city that's great for families of all kinds.
West University Place, TX is a great place for affordable rent-to-own homes! With a median household income of over $250,001 and a median rent of $2,484, the West University Place, 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 West University Place, 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 West University Place, TX Property Resources
Rent to own Homes in Cities Near West University Place, TX
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- Southside Place
- Spring
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- Stafford
- Sugar Land
- Thompsons
- Webster
- West University Place
Neighborhoods in West University Place, TX
West University Place rent to own homesPopular Zip Codes in West University Place, TX
77005 rent to own homesBuying a Home in West University Place, TX
West University Place, TX is seeing rapid growth and West University Place, TX's' housing market remains not optimal with an average home price that is 442% above the 2024 national average. West University Place, TX is part of Harris 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 Harris is 2.31% which is above the national average, which is 0.99%.
Median Home Price in West University Place, TX
Median Rent in West University Place, TX
Top 5 Reasons to Live in West University Place, TX
Extremely high property appreciation rates. With median house values that have risen more than $350,000 over the past decade from $370,500 to $744,209, property appreciation rates here are nothing short of impressive. West University Place a great community for prospective buyers who would like to maximize their investments. Find great deals near Bissonet Street and Kirby Drive.
Several places to eat! West University Place offers quality restaurants for its residents to enjoy. Try Tiny Boxwoods for brunch or Little Matt's for a burger and fries. Other dining choices include the Potbelly Sandwich Shop, famous for their submarine sandwiches, and the rustic-chic Tiny's No 5, where diners in West University Place go to get excellent wood-fired pizza, burgers, and American fare.
A wide variety of property. Prospective home buyers have a lot to choose from in West University Place as property here ranges from apartments to rent to own houses. If you are simply looking to take a look at the scenery and weigh your options, there is a variety of conveniently located hotels in the area as well. These include Hotel ZaZa and Embassy Suites.
Lots of recreational activities. West University Place has great weather for outdoor activities. Spring and summers are warm while fall and winter are generally mild, with only occasional cold days. Residents looking to increase their knowledge don't have to look far thanks to the West University Branch Library. Whether you're swimming at the West University Recreation Center or playing volleyball at Colonial Park, there's no shortage of things for you to do.
Great scenery! With its moderate climate and the multiple parks, West University Place is great for those who value scenic views. You take in the views at Colonial Park or enjoy the scenery over at Huffington Park. Both have recently undergone a redevelopment and now boast amenities such as bathroom and water fountains, as well as play equipment, to keep you comfortable outside.