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There are currently 4,404 real estate properties in Lago Vista, TX, with a median automated valuation model (AVM) price of $505,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lago Vista, 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 Lago Vista, TX, is $598,642.00, with the most expensive house in Lago Vista, TX, topping out at $10,941,000.00 and the cheapest home in Lago Vista, TX, clocking in at $67,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Lago Vista, TX!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lago Vista, TX, is on a rollercoaster ride. The average rent price in Lago Vista, TX, is $1,722.00. Indeed, when looking to rent in Lago Vista, TX, you can expect to pay as little as $800.00 or as much as $4,900.00, with the average rent median estimated to be $1,660.00. The good news is that finding an affordable and desirable property to rent in Lago Vista, 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 Lago Vista, TX area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Lago Vista, TX and much more. Save thousands at closing with home foreclosure listings in Lago Vista, TX — up to 75% off market value!
Lago Vista is located in Travis, Texas, with an estimated municipal population of 7,556 residents. All of the best foreclosed homes for sale in Lago Vista are located in the following zip code areas on Foreclosure.com: 78645. The estimated population per square kilometer (.62 miles) in Lago Vista is 203.
So, about how much do homes cost in Lago Vista? The most recent median value of resident-owned homes in Lago Vista is 230,663. An estimated 80.3 percent of households in Lago Vista own their homes, with an average family size of 2.95. The median household income in Lago Vista is 78,795, with33.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lago Vista, the median commute time of resident workers (in minutes) is 36.3. And last, but certainly not least, are you looking for homes to rent in Lago Vista? If so, the average rent price paid by renters in Lago Vista is 1,420, 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 Lago Vista, 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 Lago Vista is 48, split between 48.3 percent male versus 51.7 female. The percentage of residents who report being married in Lago Vista is 62.2, with an average family size of 2.95.
The percentage of residents who report their race in Lago Vista is as follows:
|Black / African American||3.6%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0.2%|
Looking for family-friendly neighborhoods in and/or near Lago Vista? Or maybe you are searching for 55+ active adult communities in and/or near Lago Vista?
The percentage of residents who report their age in Lago Vista 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 Lago Vista with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Lago Vista.
How do you know that living in -- or moving to -- Lago Vista is right where you need to be? Perhaps you grew up in Lago Vista or already live nearby; therefore, the decision to buy a home in Lago Vista is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Lago Vista 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 Lago Vista:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Lago Vista.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Lago Vista can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Lago Vista, meanwhile, can field multiple offers from more qualified buyers.
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