Rent to own Homes in Rowlett, TX
On the water! Rowlett is located on the west bank of Lake Ray Hubbard. The town extends along the banks of the main portion of the lake and two peninsulas that extend into the lake. This increases the shoreline that is accessible to residents.
Rowlett, TX is a great place for affordable rent-to-own homes! With a median household income of over $103,627 and a median rent of $1,602, the Rowlett, 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 Rowlett, 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 Rowlett, TX Property Resources
Rent to own Homes in Cities Near Rowlett, TX
- Addison
- Allen
- Balch Springs
- Carrollton
- Cockrell Hill
- Combine
- Coppell
- Crandall
- Dallas
- DeSoto
- Duncanville
- Farmers Branch
- Fate
- Ferris
- Forney
- Frisco
- Garland
- Grand Prairie
- Hebron
- Highland Park
- Hutchins
- Irving
- Josephine
- Lancaster
- Lavon
- Lewisville
- Lowry Crossing
- Lucas
- McLendon-Chisholm
- Mesquite
- Mobile City
- Murphy
- Nevada
- Parker
- Plano
- Princeton
- Prosper
- Red Oak
- Richardson
- Rockwall
- Rowlett
- Sachse
- Seagoville
- Seis Lagos
- St. Paul
- Sunnyvale
- The Colony
- Union Valley
- University Park
- Wylie
Neighborhoods in Rowlett, TX
Princeton rent to own homes Highland Meadows rent to own homes Dalrock rent to own homes Lakewood Pointe rent to own homes Flower Hill rent to own homes Waterview rent to own homes Springfield Estates rent to own homes Toler Bay Estates rent to own homes Winners Circle rent to own homes The Peninsula rent to own homesBuying a Home in Rowlett, TX
Rowlett, TX is seeing rapid growth and Rowlett, TX's' housing market remains not optimal with an average home price that is 9% above the 2024 national average. Rowlett, TX is part of Dallas 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 Dallas is 2.18% which is above the national average, which is 0.99%.
Median Home Price in Rowlett, TX
Median Rent in Rowlett, TX
Top 12 Reasons to Live in Rowlett
Home buyers dream! The majority of homes are owner occupied, 89.57%. So if you are in the mood to buy a house, you shouldn't have trouble finding one in neighborhoods like Estates Way or University Dr.
Lake Ray Hubbard! There are many outdoor recreational activities in and around Lake Ray Hubbard. Rent a cabin on the lake and spend the weekend tooling around in a speed boat, or drive to Elgin B. Robertson Park for a picnic at the park while enjoying the lake.
Close-knit community! Rowlett has done a great job of balancing modern convenience with a close-knit community. The usual community Easter Egg Hunt and Christmas Parade can be found on the Rowlett calendar of events..
Home prices! In Rowlett, home prices are 19% lower than the national average! There are a few rent to own homes you could also consider in the Liberty Grove and Lakeview Pkwy areas.
Easy commute! With Interstate 30 close by, it's easy for Rowlett residents to get into Dallas when they need to. This provides an easy commute to work if you have a job in the city or a quick trip for concerts and events. Having access to the Dallas International Airport puts the rest of the world at your doorstep as well. Living in one of Rowlett's rent to own houses and traveling to Dallas is easy.
Climate! Average highs in the summer don't break the 100F mark while lows in the winter don't typically get under 35F. Lake Ray Hubbard is continually buzzing with activity because the weather is always great. It's not too hot in the summer and not too cold in the winter, but if you want to cool off on one of the hottest days in the summer, a trip to Wet Zone Waterpark is in order.
Connected government! If you look at the city government website, you'll see an engaged government. Each department has contact information and there's even an e-Services section of the site for easy access to government services online. It will give you information about the Waterview Golf Club and the Bayview Marina, among other community offerings.
One of the top 25 best places to live! In 2010, Rowlett received the honor of being listed as the 24th best place to live in the United States by CNN Money, partly for the city's low home prices. More than 73% of the houses were built from 1970-1999, and you can find some of them on Rowlett Rd.
Best small city to move to! Also, in 2013, Rowlett was again honored by Movoto.com as the #1 best small city to move to, perhaps because of neighborhoods like Chiesa Rd and in City Center.
It's Texas! What's not to like about living in Texas? Beautiful weather, wide open spaces, great business opportunities, and central to the United States, Mexico and the Caribbean. If you're looking for that Texas BBQ, head over to Baker's Ribs or Sammy Walker's Barbeque.
Homes sell quickly in Rowlett! One of the reasons Rowlett is so highly ranked is due to the number of homes on the market. Houses here sell fast because Rowlett is a high-demand locale. There's only one home on the market for every 164 people living here. Sometimes it's easier to find a rent to own property in areas such as Merritt Rd. or Castle Dr.