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Short Sale Listings in Del Rio, TX

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Living in Del Rio, TX

Del Rio, TX, is a culturally rich city located on the border of Mexico, offering a blend of historical charm and natural beauty. Residents enjoy numerous amenities, including shopping, dining, and a variety of outdoor activities. The quality of local schools and the friendly community atmosphere make this an attractive location for families and real estate investors alike.

Current Market Conditions in Del Rio, TX

As of current trends, the real estate market in Del Rio has been showing steady appreciation due to its growth in population and increasing interest from outside investors. The relatively affordable prices compared to nearby larger cities make it an appealing option for first-time homebuyers and investors.

Demand for both rental properties and homes for sale has been increasing, indicating a potential for strong returns on investment. Additionally, the city's unique position along the U.S.-Mexico border fosters a diverse economy, further boosting real estate growth.

Home Value Estimator For Del Rio, TX

There are currently 13,766 real estate properties in Del Rio, TX, with a median automated valuation model (AVM) price of $196,435.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Del Rio, 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 Del Rio, TX, is $210,908.00, with the most expensive house in Del Rio, TX, topping out at $6,686,300.00 and the cheapest home in Del Rio, TX, clocking in at $15,630.00. In other words, there’s something for every potential homebuyer or savvy investor in Del Rio, TX!

Rent Prices In Del Rio, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Del Rio, TX, is on a rollercoaster ride. The average rent price in Del Rio, TX, is $1,096.00. Indeed, when looking to rent in Del Rio, TX, you can expect to pay as little as $440.00 or as much as $2,160.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Del Rio, 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.

Del Rio, TX Short Sale Listings


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