Rent To Own Homes in Lakehills, TX

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5 View this home at 33, Laurel Creek Lakehills TX 78063
33, Laurel Creek
Lakehills, TX 78063
AUCTION: 04-16-2024
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Home Value Estimator For Lakehills, TX

There are currently 1,763 real estate properties in Lakehills, TX, with a median automated valuation model (AVM) price of $280,750.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lakehills, 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 Lakehills, TX, is $327,368.00, with the most expensive house in Lakehills, TX, topping out at $1,864,681.00 and the cheapest home in Lakehills, TX, clocking in at $21,775.00. In other words, there’s something for every potential homebuyer or savvy investor in Lakehills, TX!

Rent Prices In Lakehills, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lakehills, TX, is on a rollercoaster ride. The average rent price in Lakehills, TX, is $1,169.00. Indeed, when looking to rent in Lakehills, TX, you can expect to pay as little as $580.00 or as much as $2,740.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Lakehills, 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.

Top Reasons To Live In Lakehills, TX In 2024

Lakehills is located in Bandera, Texas, with an estimated municipal population of 5,631 residents. All of the best foreclosed homes for sale in Lakehills are located in the following zip code areas on 78063. The estimated population per square kilometer (.62 miles) in Lakehills is 71.

Cost Of Living In Lakehills, TX

So, about how much do homes cost in Lakehills? The most recent median value of resident-owned homes in Lakehills is 173,186. An estimated 83.8 percent of households in Lakehills own their homes, with an average family size of 3.42. The median household income in Lakehills is 65,568, with24.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lakehills, the median commute time of resident workers (in minutes) is 40.7. And last, but certainly not least, are you looking for homes to rent in Lakehills? If so, the average rent price paid by renters in Lakehills is 897, according to recent statistics.

Diversity And Demographics In Lakehills, 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 Lakehills, 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 Lakehills is 48.2, split between 54 percent male versus 46 female. The percentage of residents who report being married in Lakehills is 57.9, with an average family size of 3.42.

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

White 80.4%
Black / African American 0%
Asian 0.6%
American Indian / Alaskan Native 2.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 15.2%
Other 1.6%

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

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

Under 10 10.9%
Aged 10-19 12.1%
20s 7.4%
30s 11.4%
40s 10.6%
50s 14.5%
60s 21.5%
70s 9.7%
80+ 2.1%

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

Pros And Cons Of Living In Lakehills, Texas

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

  • 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 Lakehills.

Reasons To Move To Lakehills, Texas, In 2024

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

Lakehills, TX Rent To Own Homes


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