Lone Oak, TX Foreclosures
How much do homes sell for in Lone Oak, TX?
The average home price is currently $315,950.
In Lone Oak, TX, how many homes are available?
There are currently 7 active home listings available in Lone Oak.
What’s the average rental cost in Lone Oak, TX?
The average rental price in Lone Oak is $1,251.
What is the most expensive home in Lone Oak?
The most expensive home sold in Lone Oak had a price of $3,823,500.
What is currently the cheapest priced home in Lone Oak, TX?
The cheapest home for sale in Lone Oak is priced at $15,325.
Living in Lone Oak, TX
Lone Oak is a charming rural community located in Hunt County, Texas, known for its friendly atmosphere and beautiful landscapes. With a rich history and a close-knit community, this small town offers a peaceful lifestyle while being just a short drive from larger cities like Greenville and Dallas. Residents enjoy a variety of outdoor activities, including fishing, hiking, and community events.
Current Market Conditions in Lone Oak, TX
The real estate market in Lone Oak, TX has shown resilience despite the economic fluctuations experienced elsewhere. Currently, homes in this area are in demand, particularly among families looking for affordable housing options while still enjoying spacious lots and natural surroundings. The community continues to attract newcomers seeking a peaceful lifestyle outside urban centers, resulting in steady appreciation of property values.
Over the past few months, the market has experienced a rise in new listings, providing ample choices for potential buyers. Given the ongoing growth in surrounding areas and the appeal of rural living, it's expected that demand will continue to remain strong, particularly for single-family homes.
Home Value Estimator For Lone Oak, TX
There are currently 2,219 real estate properties
in Lone Oak, TX,
with a median automated valuation model (AVM) price
of $227,538.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lone Oak, 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 Lone Oak, TX,
is $315,950.00, with the most expensive house
in Lone Oak, TX, topping out
at $3,823,500.00 and the cheapest home
in Lone Oak, TX,
clocking in at $15,325.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lone Oak, TX!
Rent Prices
In Lone Oak, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lone Oak, TX, is on
a rollercoaster ride. The
average rent price in Lone Oak, TX,
is $1,251.00. Indeed, when looking to rent in
Lone Oak, TX, you can expect to pay as little
as $600.00 or as much
as $3,000.00,
with the average rent median estimated to
be $1,180.00. The good news is that finding
an affordable and desirable property to rent in Lone Oak, 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
