Balmorhea, TX Foreclosures
How much do homes sell for in Balmorhea, TX?
The average home price is currently $127,431.
In Balmorhea, TX, how many homes are available?
There are currently 1 active home listings available in Balmorhea.
What’s the average rental cost in Balmorhea, TX?
The average rental price in Balmorhea is $1,165.
What is the most expensive home in Balmorhea?
The most expensive home sold in Balmorhea had a price of $608,200.
What is currently the cheapest priced home in Balmorhea, TX?
The cheapest home for sale in Balmorhea is priced at $32,511.
Living in Balmorhea, TX
Balmorhea, TX is a charming small town known for its scenic landscapes and outdoor activities. With a population that values community and nature, residents enjoy access to parks, schools, and local amenities. The town features a friendly atmosphere, creating a perfect setting for both relaxation and adventure.
Current Market Conditions in Balmorhea, TX
The real estate market in Balmorhea is currently on a slow but steady upswing, characterized by affordable housing options and a variety of investment opportunities. As more people seek refuge in tranquil locations like Balmorhea, property demand has started to grow, particularly among those interested in vacation rentals and second homes.
With the increased interest in rural properties, investors are likely to benefit from competitive pricing and a strong potential for appreciation in property value as the community continues to develop and attract visitors year-round.
Home Value Estimator For Balmorhea, TX
There are currently 109 real estate properties
in Balmorhea, TX,
with a median automated valuation model (AVM) price
of $96,136.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Balmorhea, 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 Balmorhea, TX,
is $127,431.00, with the most expensive house
in Balmorhea, TX, topping out
at $608,200.00 and the cheapest home
in Balmorhea, TX,
clocking in at $32,511.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Balmorhea, TX!
Rent Prices
In Balmorhea, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Balmorhea, TX, is on
a rollercoaster ride. The
average rent price in Balmorhea, TX,
is $1,165.00. Indeed, when looking to rent in
Balmorhea, TX, you can expect to pay as little
as $730.00 or as much
as $1,850.00,
with the average rent median estimated to
be $1,130.00. The good news is that finding
an affordable and desirable property to rent in Balmorhea, 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.
Learn more on Foreclosure homes
