Morgans Point, TX Foreclosures
How much do homes sell for in Morgans Point, TX?
The average home price is currently $260,451.
What’s the average rental cost in Morgans Point, TX?
The average rental price in Morgans Point is $1,196.
What is the most expensive home in Morgans Point?
The most expensive home sold in Morgans Point had a price of $614,745.
What is currently the cheapest priced home in Morgans Point, TX?
The cheapest home for sale in Morgans Point is priced at $159,806.
Living in Morgans Point, TX
Morgans Point, TX, is a picturesque waterfront community situated on Galveston Bay known for its peaceful atmosphere and stunning bay views. The neighborhood offers a family-friendly environment with numerous outdoor activities including fishing and boating. Residents enjoy easy access to nearby cities, making it both a tranquil home and conveniently located haven.
Current Market Conditions in Morgans Point, TX
Morgans Point has shown a steady increase in property values over the last year, reflecting the growing demand for waterfront properties. Buyers are increasingly drawn to the tranquility of the community as well as the recreational activities available, driving competition among potential homeowners.
The inventory of homes has remained relatively low, which has contributed to rising prices. This trend indicates that demand is outpacing supply, making it a favorable time for sellers. Buyers should be prepared for a competitive market, especially in desirable areas near the water.
Home Value Estimator For Morgans Point, TX
There are currently 16 real estate properties
in Morgans Point, TX,
with a median automated valuation model (AVM) price
of $224,881.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Morgans Point, 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 Morgans Point, TX,
is $260,451.00, with the most expensive house
in Morgans Point, TX, topping out
at $614,745.00 and the cheapest home
in Morgans Point, TX,
clocking in at $159,806.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Morgans Point, TX!
Rent Prices
In Morgans Point, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Morgans Point, TX, is on
a rollercoaster ride. The
average rent price in Morgans Point, TX,
is $1,196.00. Indeed, when looking to rent in
Morgans Point, TX, you can expect to pay as little
as $890.00 or as much
as $1,500.00,
with the average rent median estimated to
be $1,200.00. The good news is that finding
an affordable and desirable property to rent in Morgans Point, 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
