Rent to own Homes in Gainesville, TX
When Gainesville was established in 1850, settlers initially named their settlement Liberty. When they realized that Liberty, Texas already existed, they settled on Gainesville to honor Texas revolution sympathizer General Edmund Gaines. In 1875, Gainesville became the first place in Texas to sell barbed wire, now a staple of farms and ranches everywhere. The Denison Pacific Railroad helped boost Gainesville's economy in the 1880s. In 1999, the city's railroad roots came full circle when Amtrak resumed service to the area.
Gainesville, TX is a great place for affordable rent-to-own homes! With a median household income of over $46,327 and a median rent of $924, the Gainesville, TX rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Gainesville, TX. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Gainesville, TX Property Resources
Rent to own Homes in Cities Near Gainesville, TX
- Argyle
- Aubrey
- Bartonville
- Celina
- Copper Canyon
- Corinth
- Corral City
- Cross Roads
- Denton
- DISH
- Double Oak
- Draper
- Era
- Flower Mound
- Forestburg
- Fort Worth
- Frisco
- Gainesville
- Gunter
- Hackberry
- Hickory Creek
- Highland Village
- Justin
- Krugerville
- Krum
- Lake Dallas
- Lakewood Village
- Lewisville
- Lincoln Park
- Lindsay
- Little Elm
- Muenster
- Myra
- New Fairview
- Northlake
- Oak Point
- Paloma Creek
- Ponder
- Prosper
- Providence Village
- Road Runner
- Roanoke
- Rosston
- Sanger
- Shady Shores
- Southlake
- The Colony
- Trophy Club
- Valley View
- Westlake
Neighborhoods in Gainesville, TX
No neighborhoods foundPopular Zip Codes in Gainesville, TX
76241 rent to own homesBuying a Home in Gainesville, TX
Gainesville, TX is seeing rapid growth and Gainesville, TX's' housing market remains optimal with an average home price that is -53% below the 2024 national average. Gainesville, TX is part of Cooke county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Cooke is 1.73% which is above the national average, which is 0.99%.
Median Home Price in Gainesville, TX
Median Rent in Gainesville, TX
Top 4 Reasons to Live in Gainesville, TX
Low median housing cost! Whether you're looking to rent, rent to own, or buy a house immediately, you'll get more bang for your buck in Gainesville. The median cost of living is nearly 19% lower than the U.S. average. That trickles down to real estate prices. In Gainesville, the median home price is just under $90,000! If you're looking for a home, check out Summerfield Addition; neighbors mingle in their own Town Square! Homes in Moss Lake Estate are far pricier, but many come with million-dollar views.
Every day can be a zoo day! Not many cities with populations of less than 20,000 can boast having a local zoo. Gainesville's Frank Buck Zoo is billed as "The best little zoo in Texas." A favorite of locals and tourists, zoo visitors can get up close and personal to black bears and even feed the giraffes! The zoo is adjacent to Gainesville's 30-acre Leonard Park. Located on California Street, the park features picnic tables, playgrounds, fountains, swimming pool, and even a quarter-scale replica of a steam engine!
Abundance of rentals! Gainesville is located just 15 minutes from Thackerville, Okla. That has a bearing on Gainesville real estate because Thackerville is home to WinStar World Casino and its hundreds of employees, many of whom commute to work from Gainesville. You should be able to find your ideal rental house without much trouble. Check out Hillcrest Addition, Joy Acres, and Chalmers Estates as a start.