Lorenzo, TX Foreclosures
How much do homes sell for in Lorenzo, TX?
The average home price is currently $127,304.
In Lorenzo, TX, how many homes are available?
There are currently 1 active home listings available in Lorenzo.
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 $1,176,500.
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 town in the Texas Panhandle, characterized by its close-knit community, essential amenities, and a peaceful lifestyle. Residents take pride in their local culture and enjoy easy access to outdoor activities. With quality educational institutions and a friendly atmosphere, Lorenzo is a desirable place to call home.
Current Market Conditions in Lorenzo, TX
The real estate market in Lorenzo, TX, has shown steady growth over the past few years, with a significant increase in interest from families and retirees seeking a quieter lifestyle. Home prices have been relatively stable, making it an attractive option for first-time homebuyers and investors alike. The market is characterized by a mix of single-family homes, ranch-style properties, and small land parcels, appealing to diverse buyers.
Current trends show a growing interest in the area as telecommuting becomes more prevalent, with people seeking to escape the hustle and bustle of bigger cities. The affordability of homes in Lorenzo compared to nearby urban centers has made it a hotspot for those looking to invest in real estate.
Home Value Estimator For Lorenzo, TX
There are currently 484 real estate properties
in Lorenzo, TX,
with a median automated valuation model (AVM) price
of $88,831.00. 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 $127,304.00, with the most expensive house
in Lorenzo, TX, topping out
at $1,176,500.00 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.
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