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Land Foreclosures in Lorenzo, TX 79343

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Lorenzo, TX Foreclosures

How much do homes sell for in Lorenzo, TX?
The average home price is currently $105,422.
What’s the average rental cost in Lorenzo, TX?
The average rental price in Lorenzo is $899.
What is the most expensive home in Lorenzo?
The most expensive home sold in Lorenzo had a price of $1,153,531.
What is currently the cheapest priced home in Lorenzo, TX?
The cheapest home for sale in Lorenzo is priced at $15,602.

Living in Lorenzo, TX

Lorenzo, TX, is a quaint city offering a small-town atmosphere paired with essential amenities. Residents enjoy a strong sense of community, quality education, and numerous outdoor activity options. The local parks and picturesque landscapes enhance the quality of life in this charming area.

Current Market Conditions in Lorenzo, TX

The real estate market in Lorenzo is relatively steady, with a focus on single-family homes and properties suitable for families. As of now, home prices remain affordable compared to larger metropolitan areas, which continues to attract buyers looking for picturesque rural living.

Current trends indicate an increase in interest from buyers, especially those seeking investment opportunities in rental properties or starter homes. This trend is also supported by the lower cost of living in the area compared to state averages.

Home Value Estimator For Lorenzo, TX

There are currently 424 real estate properties in Lorenzo, TX, with a median automated valuation model (AVM) price of $80,268.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lorenzo, 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 Lorenzo, TX, is $105,422.00, with the most expensive house in Lorenzo, TX, topping out at $1,153,531.00 and the cheapest home in Lorenzo, TX, clocking in at $15,602.00. In other words, there’s something for every potential homebuyer or savvy investor in Lorenzo, TX!

Rent Prices In Lorenzo, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lorenzo, TX, is on a rollercoaster ride. The average rent price in Lorenzo, TX, is $899.00. Indeed, when looking to rent in Lorenzo, TX, you can expect to pay as little as $580.00 or as much as $2,040.00, with the average rent median estimated to be $840.00. The good news is that finding an affordable and desirable property to rent in Lorenzo, 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.

Lorenzo, TX 79343 Land


Market Trend for Lorenzo, TX

Total Listings Available: 0

Market Values:

Home Prices from $15,602 to $1,153,531

Average Sales Price: $105,422

Rental Values:

Rental from $580 to $2,040

Average Rent Value: $899 / month

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