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Rent To Own Homes in Laredo, TX 78040

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Laredo, TX Foreclosures

How much do homes sell for in Laredo, TX?
The average home price is currently $220,859.
In Laredo, TX, how many homes are available?
There are currently 7 active home listings available in Laredo.
What’s the average rental cost in Laredo, TX?
The average rental price in Laredo is $1,106.
What is the most expensive home in Laredo?
The most expensive home sold in Laredo had a price of $9,516,876.
What is currently the cheapest priced home in Laredo, TX?
The cheapest home for sale in Laredo is priced at $10,776.

Living in Laredo, TX

Laredo, TX is a culturally rich city located on the U.S.-Mexico border, known for its unique blend of American and Mexican influences. With a warm climate, strong community spirit, and ample recreational opportunities, it offers a vibrant lifestyle. Residents have access to educational institutions, shopping, and a variety of outdoor activities.

Current Market Conditions in Laredo, TX

Laredo's real estate market has been steadily growing due to an increasing population and economic development. The market shows a healthy balance of supply and demand, with homes appreciating in value over the past few years. As more people discover the city's benefits, including its affordable housing compared to national averages, demand is expected to remain strong.

Investors are particularly interested in Laredo due to its strategic location for trade and commerce, as well as its welcoming community and cultural richness, which attract new residents and businesses alike.

Home Value Estimator For Laredo, TX

There are currently 68,790 real estate properties in Laredo, TX, with a median automated valuation model (AVM) price of $196,995.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Laredo, 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 Laredo, TX, is $220,859.00, with the most expensive house in Laredo, TX, topping out at $9,516,876.00 and the cheapest home in Laredo, TX, clocking in at $10,776.00. In other words, there’s something for every potential homebuyer or savvy investor in Laredo, TX!

Rent Prices In Laredo, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Laredo, TX, is on a rollercoaster ride. The average rent price in Laredo, TX, is $1,106.00. Indeed, when looking to rent in Laredo, TX, you can expect to pay as little as $460.00 or as much as $2,860.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Laredo, 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.

Laredo, TX 78040 Rent To Own Homes

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