Rent to own Homes in San Elizario, TX
Welcome to San Elizario, one of the oldest villages in the Lone Star State. Located in El Paso County and home to 13,603 folks, San Elizario is right on the Rio Grande and just steps from Mexico. The city's history, which dates back to the 1500s, is a source of pride and interest among the locals. With a friendly atmosphere, all sorts of housing, a vibrant downtown area and rugged beauty, San Elizario is a nice town to call home.
San Elizario, TX is a great place for affordable rent-to-own homes! With a median household income of over $39,735 and a median rent of $759, the San Elizario, 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 San Elizario, 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.
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San Elizario Historic Art District rent to own homes San Elizario rent to own homesPopular Zip Codes in San Elizario, TX
79849 rent to own homesBuying a Home in San Elizario, TX
San Elizario, TX is seeing rapid growth and San Elizario, TX's' housing market remains optimal with an average home price that is -61% below the 2024 national average. San Elizario, TX is part of El Paso 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 El Paso is 2.09% which is above the national average, which is 0.99%.
Median Home Price in San Elizario, TX
Median Rent in San Elizario, TX
Top 5 Reasons to Live in San Elizario, TX
Take the walking tour! The San Elizario Walking Tour winds through the Historic Art District and is the way to see the town's history, architecture and charm. Many of the structures you'll see on this tour date back hundreds of years. The San Elizario Presidio, for instance, was a protective fort that was erected in 1789. The Adobe Horseshoe Theater served a great cultural function in the 1970s by hosting all kinds of local performances. Lalo's Grocery, which opened for business in 1830, functioned as a mill and then a supplies store in the early 20th century. Meanwhile, The Old Cemetery was the final resting place for many early settlers of the San Elizario area. These landmarks and several others can be viewed on this tour.
Get more square footage for your dollar! The cost to buy or rent in San Elizario is less than the Texas state average. Over 75 percent of rental homes are priced at under $750 per month, while just over 39 percent in the state fit this criterion. Almost 76 percent of homes are valued at under $100,000, compared to just over 36 percent in the state. Therefore, you can either pay less than anticipated or get a bigger pad. Either way, you win. Listings near Ortiz Produce and Groceries and Alejandra Flores Park are popular.
Have an awesome meal! The food in San Elizario is exceptional, especially the cuisine from south of the border. So take advantage and order a feast at The Place Tortas, fill up on sweets and treats at San Elizario Bakery and eat all the tacos you can at Sofia's Restaurant.
Stretch out with a yard! Most folks in San Elizario can enjoy a lawn, as 64.3 percent of housing units here are detached houses. You can find homes for sale, rent to own or lease all over town, from near Ted Richardson Park in the center of town to around Licon Dairy on the outskirts.