October 2, 2021

Rent to own House in Dallas TX

Just 12 miles east of Dallas, Mesquite is full of authentic Texas charm, culture, barbecue, football and horsemanship. Known for its legendary Mesquite ProRodeo, the city also boasts plentiful recreation and entertainment and recently earned recognition as a Playful USA Community. A quick look at the Mesquite website demonstrates the city’s attention to serving its residents and visitors, from good schools in the Mesquite Independent School District to general aviation services at Mesquite Metro Airport.

Mesquite Rent to Own Homes (1, 793 Listings Found)

Shopping and dining are abundant at the city’s Rows of Texas, while the city’s Rodeo City Music Hall offers boot-stomping musical productions in the heart of the city’s historic downtown. Locals and visitors alike enjoy cheering on the summer rodeo activities at the Mesquite ProRodeo and fall football rivalries between West Mesquite High and Poteet High or North Mesquite High and Mesquite High School.

Buying a Home in Mesquite

House hunters in Mesquite have 186 new listings and 140 active listings to consider at any given time, with homes selling within an average of 22 days. Even with a 12 percent increase in home prices over the last year, Mesquite’s median price of $136, 000 remains affordable for many buyers. Inventory is tight, though, with nearly as many homes selling each month as come onto the market. At the current rate, the city’s housing market would last 1.2 months, placing it firmly in seller’s-market territory.

Popular Neighborhoods in Mesquite

Families appreciate the large lots, spacious brick homes and good schools of the Cantura Cove neighborhood, with a 2.3 percent growth in its population. Cantura Cove is known for one of its resident’s fabulous Halloween and Christmas light displays. Samuell Park Farms East is also a popular neighborhood, increasing in population by 3.1 percent due to the number of families drawn to the neighborhoods walkable streets, good schools and affordable homes built in the mid-1980s. Northridge Estates offers families more modest homes built in the 1950s with an average selling price of $71, 646. The neighborhood population recently increased 2.3 percent.

Buying vs. Rent to Own Homes

Many first-time home buyers appreciate the advantages of purchasing rent to own homes that place less emphasis than conventional purchases on perfect credit scores. With rent to own homes, buyers can enjoy today’s lower home prices but complete the sale one to three years down the line. This longer purchase process gives buyers time to build up healthier down payments, improve credit ratings, eliminate debt and shop around for a favorable mortgage. Meanwhile, buyers can get settled into the home without waiting for escrow to close.

Cost of Living in Mesquite

Residents of Mesquite enjoy an overall cost of living that is nearly 30 percent less than the national average, making Mesquite a thoroughly affordable suburb of Dallas. Real estate is Mesquite’s best bargain, costing locals just 21 cents for every dollar that the average American spends on housing. All of life’s other essentials are also economical. Food, health care, transportation and utilities are all 3 to 10 percent cheaper than the national average.

Summary

A rich history as an agricultural community gives Mesquite its heritage, but its long-standing championship rodeo, Devil’s Bowl Speedway, free movies in the park and lush farmer’s markets keep Mesquite residents happy and entertained. Neighborhoods here are unabashedly working-class, with a wide range of amenities and home styles and sizes. Home buyers enjoy extremely low house prices although the city’s housing inventory is also low. Home prices aren’t the only affordable aspect of life in Mesquite, though, since overall living expenses cost locals just 70 percent of the national average.

Rent To Own Labs provides a diverse set of real estate listings, including rent to own, owner financing, foreclosed, for sale by owner, and rental home opportunities. These listings are available to low-income residents and those with bad credit or no credit. See below for the list of zip codes we serve in this area: