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Land Foreclosures in Lorenzo, TX 79343

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Lorenzo, TX Foreclosures

How much do homes sell for in Lorenzo, TX?
The average home price is currently $105,168.
What’s the average rental cost in Lorenzo, TX?
The average rental price in Lorenzo is $899.
What is the most expensive home in Lorenzo?
The most expensive home sold in Lorenzo had a price of $1,057,293.
What is currently the cheapest priced home in Lorenzo, TX?
The cheapest home for sale in Lorenzo is priced at $15,602.

Living in Lorenzo, TX

Lorenzo, TX is a small, friendly rural town that offers a close community feel and beautiful landscapes. Residents enjoy a peaceful lifestyle with access to local amenities and a strong commitment to education. It's an ideal place for those looking for a serene escape from the hustle and bustle of city life.

Current Market Conditions in Lorenzo, TX

The real estate market in Lorenzo has remained stable, with a modest but steady demand for homes. Prices in the area are generally affordable, making it an attractive option for first-time homebuyers and families looking to settle down in a peaceful environment.

Recent trends indicate a slow increase in home values as more people are discovering the charms of rural living. Despite being a small town, Lorenzo offers potential for growth as it attracts individuals looking for a quieter lifestyle without compromising on community spirit.

Home Value Estimator For Lorenzo, TX

There are currently 424 real estate properties in Lorenzo, TX, with a median automated valuation model (AVM) price of $79,787.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lorenzo, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lorenzo, TX, is $105,168.00, with the most expensive house in Lorenzo, TX, topping out at $1,057,293.00 and the cheapest home in Lorenzo, TX, clocking in at $15,602.00. In other words, there’s something for every potential homebuyer or savvy investor in Lorenzo, TX!

Rent Prices In Lorenzo, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lorenzo, TX, is on a rollercoaster ride. The average rent price in Lorenzo, TX, is $899.00. Indeed, when looking to rent in Lorenzo, TX, you can expect to pay as little as $580.00 or as much as $2,040.00, with the average rent median estimated to be $840.00. The good news is that finding an affordable and desirable property to rent in Lorenzo, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lorenzo, TX 79343 Land

Market Trend for Lorenzo, TX

Total Listings Available: 0

Market Values:

Home Prices from $15,602 to $1,057,293

Average Sales Price: $105,168

Rental Values:

Rental from $580 to $2,040

Average Rent Value: $899 / month

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