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There are currently 1,295 real estate properties in Rancho Viejo, TX, with a median automated valuation model (AVM) price of $308,720.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rancho Viejo, 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 Rancho Viejo, TX, is $332,045.00, with the most expensive house in Rancho Viejo, TX, topping out at $2,030,916.00 and the cheapest home in Rancho Viejo, TX, clocking in at $34,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Rancho Viejo, TX!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rancho Viejo, TX, is on a rollercoaster ride. The average rent price in Rancho Viejo, TX, is $1,529.00. Indeed, when looking to rent in Rancho Viejo, TX, you can expect to pay as little as $750.00 or as much as $3,180.00, with the average rent median estimated to be $1,520.00. The good news is that finding an affordable and desirable property to rent in Rancho Viejo, 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.
Rancho Viejo is located in Cameron, Texas, with an estimated municipal population of 2,460 residents. All of the best foreclosed homes for sale in Rancho Viejo are located in the following zip code areas on Foreclosure.com: 78575. The estimated population per square kilometer (.62 miles) in Rancho Viejo is 481.
So, about how much do homes cost in Rancho Viejo? The most recent median value of resident-owned homes in Rancho Viejo is 215,976. An estimated 75.4 percent of households in Rancho Viejo own their homes, with an average family size of 3.33. The median household income in Rancho Viejo is 66,250, with35.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Rancho Viejo, the median commute time of resident workers (in minutes) is 20.8. And last, but certainly not least, are you looking for homes to rent in Rancho Viejo? If so, the average rent price paid by renters in Rancho Viejo is 885, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Rancho Viejo, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Rancho Viejo is 42.3, split between 44.6 percent male versus 55.4 female. The percentage of residents who report being married in Rancho Viejo is 60.9, with an average family size of 3.33.
The percentage of residents who report their race in Rancho Viejo is as follows:
White | 90.8% |
Black / African American | 0% |
Asian | 6.8% |
American Indian / Alaskan Native | 0% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 0.2% |
Other | 2.2% |
Looking for family-friendly neighborhoods in and/or near Rancho Viejo? Or maybe you are searching for 55+ active adult communities in and/or near Rancho Viejo?
The percentage of residents who report their age in Rancho Viejo is as follows:
Under 10 | 9% |
Aged 10-19 | 19.9% |
20s | 8.5% |
30s | 9.7% |
40s | 18.7% |
50s | 13.5% |
60s | 9.3% |
70s | 7.1% |
80+ | 4.5% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Rancho Viejo with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Rancho Viejo.
How do you know that living in -- or moving to -- Rancho Viejo is right where you need to be? Perhaps you grew up in Rancho Viejo or already live nearby; therefore, the decision to buy a home in Rancho Viejo is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Rancho Viejo for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Rancho Viejo:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Rancho Viejo.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Rancho Viejo can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Rancho Viejo, meanwhile, can field multiple offers from more qualified buyers.
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