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City-owned Homes And Land in Olmito, TX

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Olmito, TX Foreclosures

How much do homes sell for in Olmito, TX?
The average home price is currently $211,695.
In Olmito, TX, how many homes are available?
There are currently 7 active home listings available in Olmito.
What’s the average rental cost in Olmito, TX?
The average rental price in Olmito is $1,228.
What is the most expensive home in Olmito?
The most expensive home sold in Olmito had a price of $1,327,796.
What is currently the cheapest priced home in Olmito, TX?
The cheapest home for sale in Olmito is priced at $24,675.

Living in Olmito, TX

Olmito, TX, is a peaceful, family-oriented community located just outside Brownsville. It features a friendly atmosphere, scenic views, and convenient access to local amenities. With its warm climate and open spaces, Olmito is perfect for those seeking a quieter lifestyle while still being close to urban conveniences.

Current Market Conditions in Olmito, TX

The real estate market in Olmito is stable, characterized by steady demand and a modest supply of homes. Prices have remained consistent, although there has been a slight uptick in interest among buyers looking for affordable housing opportunities. This is reflective of a broader trend seen in nearby Brownsville, where urban sprawl is influencing the demand for homes in outlying areas.

Home Value Estimator For Olmito, TX

There are currently 605 real estate properties in Olmito, TX, with a median automated valuation model (AVM) price of $185,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Olmito, 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 Olmito, TX, is $211,695.00, with the most expensive house in Olmito, TX, topping out at $1,327,796.00 and the cheapest home in Olmito, TX, clocking in at $24,675.00. In other words, there’s something for every potential homebuyer or savvy investor in Olmito, TX!

Rent Prices In Olmito, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Olmito, TX, is on a rollercoaster ride. The average rent price in Olmito, TX, is $1,228.00. Indeed, when looking to rent in Olmito, TX, you can expect to pay as little as $570.00 or as much as $2,950.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Olmito, 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.

Olmito, TX City-owned Homes And Land

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