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Preforeclosure Homes in Wellman, TX

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E-bynum-ln-Brownfield-TX-79316
Preforeclosure
$74,174 EMV

E Bynum Ln
Brownfield, TX 79316

E-lake-st-Brownfield-TX-79316
Preforeclosure
$167,423 EMV

E Lake St
Brownfield, TX 79316

| 1,885 Sq. Ft.

Displaying 1 - 2 of 2
 

Foreclosure Homes in Wellman, TX

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


Top Reasons To Live In Wellman, TX In 2021

Wellman is located in Terry, Texas, with an estimated municipal population of 203 residents. All of the best foreclosed homes for sale in Wellman are located in the following zip code areas on Foreclosure.com: 79378. The estimated population per square kilometer (.62 miles) in Wellman is 230.


Cost Of Living In Wellman, TX

So, about how much do homes cost in Wellman? The most recent median value of resident-owned homes in Wellman is 40,241. An estimated 89.2 percent of households in Wellman own their homes, with an average family size of 3.28. The median household income in Wellman is 63,125, with18.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Wellman, the median commute time of resident workers (in minutes) is 19.9.


Diversity And Demographics In Wellman, 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 Wellman, 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 Wellman is 39.5, split between 37.9 percent male versus 62.1 female. The percentage of residents who report being married in Wellman is 73.4, with an average family size of 3.28.

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

White 72.6%
Black / African American 8.9%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 9.5%
Other 8.9%

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

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

Under 10 18.9%
Aged 10-19 9%
20s 13.2%
30s 8.9%
40s 8.5%
50s 13.1%
60s 20%
70s 5.8%
80+ 2.6%

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


Pros And Cons Of Living In Wellman, Texas

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

  • 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 Wellman.


Reasons To Move To Wellman, 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 Wellman can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Wellman, meanwhile, can field multiple offers from more qualified buyers.

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