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Foreclosure Homes in Italy, TX

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John-davis-rd-Italy-TX-76651
Preforeclosure
$182,835 EMV

John Davis Rd
Italy, TX 76651

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Home Value Estimator For Italy, TX

There are currently 1,084 real estate properties in Italy, TX, with a median automated valuation model (AVM) price of $176,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Italy, 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 Italy, TX, is $207,773.00, with the most expensive house in Italy, TX, topping out at $2,549,500.00 and the cheapest home in Italy, TX, clocking in at $40,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Italy, TX!


Rent Prices In Italy, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Italy, TX, is on a rollercoaster ride. The average rent price in Italy, TX, is $1,244.00. Indeed, when looking to rent in Italy, TX, you can expect to pay as little as $740.00 or as much as $2,900.00, 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 Italy, 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.


Foreclosure Homes in Italy, TX

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Italy, TX area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Italy, TX and much more. Save thousands at closing with home foreclosure listings in Italy, TX — up to 75% off market value!


Top Reasons To Live In Italy, TX In 2021

Italy is located in Ellis, Texas, with an estimated municipal population of 1,923 residents. All of the best foreclosed homes for sale in Italy are located in the following zip code areas on Foreclosure.com: 76651. The estimated population per square kilometer (.62 miles) in Italy is 411.


Cost Of Living In Italy, TX

So, about how much do homes cost in Italy? The most recent median value of resident-owned homes in Italy is 85,797. An estimated 60.6 percent of households in Italy own their homes, with an average family size of 3.41. The median household income in Italy is 49,185, with17.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Italy, the median commute time of resident workers (in minutes) is 24.4. And last, but certainly not least, are you looking for homes to rent in Italy? If so, the average rent price paid by renters in Italy is 932, according to recent statistics.


Diversity And Demographics In Italy, Texas

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 Italy, 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 Italy is 32.6, split between 52.8 percent male versus 47.2 female. The percentage of residents who report being married in Italy is 51.5, with an average family size of 3.41.

The percentage of residents who report their race in Italy is as follows:

White 76.1%
Black / African American 11%
Asian 0%
American Indian / Alaskan Native 0.8%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.4%
Other 9.8%

Looking for family-friendly neighborhoods in and/or near Italy? Or maybe you are searching for 55+ active adult communities in and/or near Italy?

The percentage of residents who report their age in Italy is as follows:

Under 10 18.8%
Aged 10-19 11.8%
20s 16.9%
30s 15.4%
40s 9.2%
50s 10.5%
60s 10%
70s 4%
80+ 3.3%

Best Schools In Italy, Texas

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 Italy with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Italy.


Pros And Cons Of Living In Italy, Texas

How do you know that living in -- or moving to -- Italy is right where you need to be? Perhaps you grew up in Italy or already live nearby; therefore, the decision to buy a home in Italy is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Italy 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 Italy:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Italy.


Reasons To Move To Italy, Texas, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Italy can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Italy, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Italy, TX

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