Rent to own Homes in Balch Springs, TX
Balch Springs, Texas is located in the southeastern region of Dallas-Fort Worth, which is one of the largest metropolitan areas in the nation. About 30,000 people live in Balch Springs, providing a nice small town feel. Because Dallas is within driving distance, Balch residents have easy access to big city jobs and entertainment opportunities. It really is an area that offers the best of both worlds: community living near plenty of resources.
Balch Springs, TX is a great place for affordable rent-to-own homes! With a median household income of over $52,696 and a median rent of $1,024, the Balch Springs, 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 Balch Springs, 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 Balch Springs, TX Property Resources
Rent to own Homes in Cities Near Balch Springs, TX
- Addison
- Balch Springs
- Bristol
- Carrollton
- Cedar Hill
- Cockrell Hill
- Combine
- Coppell
- Crandall
- Dallas
- DeSoto
- Duncanville
- Ennis
- Farmers Branch
- Fate
- Ferris
- Forney
- Garland
- Garrett
- Glenn Heights
- Grand Prairie
- Hebron
- Highland Park
- Hutchins
- Irving
- Lancaster
- Lavon
- Lucas
- McLendon-Chisholm
- Mesquite
- Midlothian
- Mobile City
- Murphy
- Oak Leaf
- Ovilla
- Palmer
- Pecan Hill
- Red Oak
- Richardson
- Rockwall
- Rowlett
- Sachse
- Scurry
- Seagoville
- Seis Lagos
- Sunnyvale
- University Park
- Waxahachie
- Wilmer
- Wylie
Neighborhoods in Balch Springs, TX
Meadowbrook Glenn rent to own homesPopular Zip Codes in Balch Springs, TX
75180 rent to own homesBuying a Home in Balch Springs, TX
Balch Springs, TX is seeing rapid growth and Balch Springs, TX's' housing market remains optimal with an average home price that is -45% below the 2024 national average. Balch Springs, TX is part of Dallas 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 Dallas is 2.18% which is above the national average, which is 0.99%.
Median Home Price in Balch Springs, TX
Median Rent in Balch Springs, TX
Top 5 Reasons to Live in Balch Springs, TX
More BBQ than you can handle! Texas is known for its BBQ, and Balch Springs helps the state earn its reputation. Be prepared to head into town with your appetite because restaurants such as Old School BBQ, Reed's BBQ and Texas Best Smokehouse are ready and waiting to serve up some of Texas' most popular dishes.
Home values are increasing! In 2014, home values in Balch Springs increased by just over 6 percent. Properties for sale in neighborhoods like Spring Ridge and Spring Oaks have especially healthy listing prices, signaling a positive home value trend in this Dallas suburb.
Plenty of ways to stay active! Local parks like Cheyenne Park and St. Augustine Park give residents a chance take a hike, throw a baseball, have a picnic or go on a leisurely walk under the trees. The town's recreation center is also open to the public and hosts classes such as karate and aerobics. Residents of all ages can easily find a way to keep active in Balch Springs.
Shopping opportunities! For a relatively small community, Balch Springs boasts a myriad of retailers, both large and small. From pet groomers and local bookstores to major clothing stores, residents have a chance to shop for all their household needs without heading into Dallas. Town East Mall and The Marketplace at Towne Center provide a wealth of shopping opportunities.
Range of square footage floor plans! Balch Springs offers different kinds of homes to choose from. If you need lots of space, take a look near I-20 and I-635 where many homes are around 3,000 square feet. The area also has rent to own homes and houses for sale that are in the 1,000 square foot range.