Rent to own Homes in Weslaco, TX
If the name Weslaco seems a little odd, there's a reason. The town's name is a combination of letters from the name W. E. Stewart Land Company. Weslaco's most famous resident to date is Harlon Block. You know that photo of Marines raising the flag at Iwo Jima? Harlon was one of them. Weslaco is also known for the annual Texas Onion Fest, which features live music, arts and crafts, dancing horses, a car show, and an onion eating contest.
Weslaco, TX is a great place for affordable rent-to-own homes! With a median household income of over $47,094 and a median rent of $742, the Weslaco, 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 Weslaco, 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 Weslaco, TX Property Resources
Rent to own Homes in Cities Near Weslaco, TX
- Abram
- Bixby
- Cesar Chavez
- Citrus City
- Doffing
- Faysville
- Grand Acres
- Harding Gill Tract
- Hargill
- Heidelberg
- Hidalgo
- Iglesia Antigua
- Indian Hills
- La Coma Heights
- La Feria
- La Feria North
- Laguna Seca
- La Homa
- Lasara
- Llano Grande
- Lopezville
- Midway North
- Midway South
- Monte Alto
- Muniz
- Murillo
- North Alamo
- Olivarez
- Palmhurst
- Palmview
- Penitas
- Perezville
- Pharr
- Progreso
- Progreso Lakes
- Ratamosa
- Relampago
- Salida Del Sol Estates
- San Carlos
- San Juan
- Santa Maria
- Scissors
- Sebastian
- South Alamo
- Tierra Bonita
- Villa Verde
- Weslaco
- West Sharyland
- Yznaga
- Zapata Ranch
Neighborhoods in Weslaco, TX
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No zip codes foundBuying a Home in Weslaco, TX
Weslaco, TX is seeing rapid growth and Weslaco, TX's' housing market remains optimal with an average home price that is -58% below the 2024 national average. Weslaco, TX is part of Hidalgo 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 Hidalgo is 1.92% which is above the national average, which is 0.99%.
Median Home Price in Weslaco, TX
Median Rent in Weslaco, TX
Top 4 Reasons to Live in Weslaco, TX
Plenty of rental options! Whether you're looking for houses for rent, apartments or rent to own homes, you won't have a hard time finding them in Weslaco. The town's rental vacancy rate of .024% is just about even with the U.S. average of .025%, and roughly 28% of homes here are renter-occupied. Weslaco has several neighborhoods to choose from, including the downtown area and Olivarez Number 5 Colonia, which will both put you close to great restaurants, like Sun Rise Cafe and Milano's Italian Restaurant.
Low home prices! Homes in Weslaco cost around $100,000 less than the U.S. average, making this an affordable place to live. Focus your search on neighborhoods with a high number of owner-occupied properties, and you won't have trouble finding homes for sale. Check out Midway Village Colonia and Expressway Heights Colonia, and you'll do even better. Homes in these neighborhoods have the highest appreciation rates in Weslaco, which means you get more value.
Abundance of nature! Weslaco has several places for you to enjoy nature. Head to the World Birding Center, located in Estero Llano Grande State Park, to see tons of native bird species, as well as butterflies and other wildlife. Some of the birds you can catch a glimpse of include brown pelicans, gray hawks, and Muscovy ducks. At Frontera Audubon, you'll also have a chance to view a bunch of different bird species in a beautiful setting. Frontera also has butterfly gardens to explore.
History and entertainment! At the Weslaco Museum, you can learn all about the town's history from several exhibits and historical collections. Highlights from the museum include a painting of "Raising the Flag on Iwo Jima," an early bank safe that dates back to 1920, theatrical memorabilia, and replicas of a 1920s kitchen and barber shop. During summer, grab a blanket or chair and head to Weslaco City Park for the Movies in the Park series.