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Rent To Own Homes in Laredo, TX 78045

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Laredo, TX Foreclosures

How much do homes sell for in Laredo, TX?
The average home price is currently $218,054.
In Laredo, TX, how many homes are available?
There are currently 15 active home listings available in Laredo.
What’s the average rental cost in Laredo, TX?
The average rental price in Laredo is $1,104.
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 offers a vibrant blend of culture and community living with a rich history tied to the Rio Grande. It is known for its warm climate and strong local economy focused on international trade due to its proximity to the Mexican border. Residents enjoy various outdoor activities along the river and access to diverse culinary delights.

Current Market Conditions in Laredo, TX

The real estate market in Laredo is quite dynamic, showing steady growth driven by an increase in demand for homes due to its strong job market and growing population. The affordable housing options are attracting many first-time buyers, while some older homes are being renovated to meet modern standards. As more industries set up operations in Laredo, the demand for residential properties is expected to grow.

Affordability remains one of Laredo's key attributes, with many homes available across various price ranges. In the growing suburban areas, new developments are popping up, providing modern amenities and more spacious living. As the city advances in infrastructure and local amenities, the market conditions are projected to strengthen further.

Home Value Estimator For Laredo, TX

There are currently 69,272 real estate properties in Laredo, TX, with a median automated valuation model (AVM) price of $191,007.00. 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 $218,054.00, 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 $1,104.00. 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 78045 Rent To Own Homes

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