Rent to own Homes in Nacogdoches, TX
Located on Hwy 59 and Hwy 7 in northeast Texas, Nacogdoches is considered to be the oldest town in the state. Named for the Nacogdoche Indians, Nacogdoches was founded in 1779 by Don Antonio Gil Y'Barbo. Within it's 235 year history the town has experienced rebellion, expeditions, battles, extensive trade, and an ebb and flow of its population. Modern day Nacogdoches is a stunning and exquisitely preserved town with a population of 32,996 residents as of the 2010 US Census. There are miles of historic trails to hike, an historic downtown area full of charm, antiques and plenty of shopping!
Nacogdoches, TX is a great place for affordable rent-to-own homes! With a median household income of over $35,050 and a median rent of $768, the Nacogdoches, 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 Nacogdoches, 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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Nacogdoches, TX is seeing rapid growth and Nacogdoches, TX's' housing market remains optimal with an average home price that is -30% below the 2024 national average. Nacogdoches, TX is part of Nacogdoches 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 Nacogdoches is 1.03% which is above the national average, which is 0.99%.
Median Home Price in Nacogdoches, TX
Median Rent in Nacogdoches, TX
Top 3 Reasons to Live in Nacogdoches, TX
Low home prices and a high quality of life! The median home price in Nacogdoches is $126,000, and home appreciation has been at 3.8% over the past year. However, in the Bonita Junction neighborhood, the median home price drops to $63K price range and is conveniently located next to Stephen F. Austin State University! The average commute time is only 15 minutes -- a good 10 minutes less than the national average. Or, you can knock that commute down to 5 minutes by choosing to live in the City Center or the Orton Hill neighborhoods. Both are rich with history, friendly shops and a thriving business community! City Center boasts Hoya Park and Coy Sims Softball Fields for those who enjoy time outdoors and an exciting ball game! Unemployment is at a low 4.6 percent, beating the national average by .9 percent. Finding a rent to own home in Nacogdoches is not only easy, it's affordable. The area's visual beauty only adds to the town's attractiveness.
Experience a blast from the past! History buffs will be happy to know that there is a wealth of historical preservation happening in Nacogdoches. Visit the Sterne-Hoya House Museum and Library to see what a dogtrot house, built in 1830, looks like. Furnished with antiques and heirlooms of the era, the Sterne-Hoya House features one of the earliest wine cellars in Texas! Another local gem is the Durst-Taylor Historic House and Gardens, located on North Street. One of the oldest homes in Nacogdoches, this 1835 wood-frame house still features a fully functioning smokehouse, blacksmith shop, chicken coop, heirloom gardens and a sugarcane mill. If you have energy for more, head over to the Nacogdoches Railroad Depot on Old Tyler Road. The Depot was built in 1910; while it's no longer a transportation hub, it serves as an excellent museum and boasts several rotating exhibits making each visit new and exciting.
Love a low cost of living! Residents of Nacogdoches enjoy a lower cost of living than the rest of the country, by 11.2% as a matter of fact! With recent job growth numbers improving by 1.62%, this community is primed for growth and prosperity. The Alazan neighborhood is located near the Nacogdoches River to the west, and the Climax neighborhood is closer to the Angelina River to the south. These neighborhoods offer average rental prices of $553. That is a hard number to beat, but the commute jumps back up to the 15 minute range given the more rural location of these areas.