Foreclosure Homes in Riesel, TX

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$204,000 EMV

| 1,232 Sq. Ft.

27 Hilltop-st-Riesel-TX-76682
Fixer Upper
$59,900 List Price

1 Bed | 1 Bath | 572 Sq. Ft.

Displaying 1 - 2 of 2

Home Value Estimator For Riesel, TX

There are currently 605 real estate properties in Riesel, TX, with a median automated valuation model (AVM) price of $182,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Riesel, 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 Riesel, TX, is $218,075.00, with the most expensive house in Riesel, TX, topping out at $1,469,500.00 and the cheapest home in Riesel, TX, clocking in at $49,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Riesel, TX!

Rent Prices In Riesel, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Riesel, TX, is on a rollercoaster ride. The average rent price in Riesel, TX, is $1,196.00. Indeed, when looking to rent in Riesel, TX, you can expect to pay as little as $620.00 or as much as $2,340.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Riesel, 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 Riesel, TX

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

Top Reasons To Live In Riesel, TX In 2022

Riesel is located in McLennan, Texas, with an estimated municipal population of 1,037 residents. All of the best foreclosed homes for sale in Riesel are located in the following zip code areas on 76682. The estimated population per square kilometer (.62 miles) in Riesel is 98.

Cost Of Living In Riesel, TX

So, about how much do homes cost in Riesel? The most recent median value of resident-owned homes in Riesel is 97,700. An estimated 58.7 percent of households in Riesel own their homes, with an average family size of 3.32. The median household income in Riesel is 64,318, with25 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Riesel, the median commute time of resident workers (in minutes) is 24.2. And last, but certainly not least, are you looking for homes to rent in Riesel? If so, the average rent price paid by renters in Riesel is 895, according to recent statistics.

Diversity And Demographics In Riesel, 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 Riesel, 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 Riesel is 33.3, split between 50 percent male versus 50 female. The percentage of residents who report being married in Riesel is 52.5, with an average family size of 3.32.

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

White 92.5%
Black / African American 4.6%
Asian 0%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.5%
Other 1.1%

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

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

Under 10 18%
Aged 10-19 14.8%
20s 10.6%
30s 18.1%
40s 14.9%
50s 10.1%
60s 9.4%
70s 2.9%
80+ 1.3%

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

Pros And Cons Of Living In Riesel, Texas

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

  • 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 Riesel.

Reasons To Move To Riesel, Texas, In 2022

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

Riesel, TX Foreclosures


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