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There are currently 519 real estate properties in Double Oak, TX, with a median automated valuation model (AVM) price of $827,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Double Oak, 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 Double Oak, TX, is $861,363.00, with the most expensive house in Double Oak, TX, topping out at $2,540,400.00 and the cheapest home in Double Oak, TX, clocking in at $214,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Double Oak, TX!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Double Oak, TX, is on a rollercoaster ride. The average rent price in Double Oak, TX, is $2,889.00. Indeed, when looking to rent in Double Oak, TX, you can expect to pay as little as $1,060.00 or as much as $3,820.00, with the average rent median estimated to be $2,920.00. The good news is that finding an affordable and desirable property to rent in Double Oak, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Double Oak, TX area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Double Oak, TX and much more. Save thousands at closing with home foreclosure listings in Double Oak, TX — up to 75% off market value!
Double Oak is located in Denton, Texas, with an estimated municipal population of 3,068 residents. All of the best foreclosed homes for sale in Double Oak are located in the following zip code areas on Foreclosure.com: 76226 75077. The estimated population per square kilometer (.62 miles) in Double Oak is 484.
So, about how much do homes cost in Double Oak? The most recent median value of resident-owned homes in Double Oak is 470,347. An estimated 97.4 percent of households in Double Oak own their homes, with an average family size of 3.22. The median household income in Double Oak is 144,313, with65 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Double Oak, the median commute time of resident workers (in minutes) is 33.6.
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 Double Oak, 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 Double Oak is 47.7, split between 49.7 percent male versus 50.3 female. The percentage of residents who report being married in Double Oak is 69.5, with an average family size of 3.22.
The percentage of residents who report their race in Double Oak is as follows:
|Black / African American||2.9%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Double Oak? Or maybe you are searching for 55+ active adult communities in and/or near Double Oak?
The percentage of residents who report their age in Double Oak is as follows:
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 Double Oak with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Double Oak.
How do you know that living in -- or moving to -- Double Oak is right where you need to be? Perhaps you grew up in Double Oak or already live nearby; therefore, the decision to buy a home in Double Oak is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Double Oak 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 Double Oak:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Double Oak.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Double Oak can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Double Oak, meanwhile, can field multiple offers from more qualified buyers.
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