Del Valle, TX Owner-Financed & Rent-to-Own Homes (No Credit)

Del Valle is located just 7 miles from downtown Austin. Similar to Brushy Creek and Sunset Valley, Del Valle boasts an affordable housing market despite being close to a major metropolitan area. The median listing price hovers around $300,000. Due to high housing affordability, homes get sold as soon as they are listed on the market. No wonder, the average number of days on the market for homes is less than 40 days. First-time homebuyers, families, and urban professionals alike love the fact that it only takes 14 minutes (30 minutes during the rush hour) to reach downtown.

Getting approved for a conventional mortgage from any bank or lender requires a stellar credit score. For credit-challenged buyers, rent-to-own is not the only option for no-credit-check financing. Owner-financing can actually help you get any property in a loanable condition in Del Valle and the rest of the 78617 zip code area without having to go through credit checks or income verifications. 

This guide will help you learn how to leverage owner-financing to buy the home of your choice regardless of your credit situation.

Why Buy an Owner-financed Home in Del Valle, TX (78617)?

Here are a few reasons why should consider buying a home in Del Valle:

• Del Valle is one of the most affordable housing markets near Austin with a median listing home price of $330,000.
• There are a total of 8 parks within the town of Del Valle, offering a plethora of recreational activities from basketball and baseball to trail hiking and kite surfing.
• This suburb, although mostly away from the Austin buzz, is home to a couple of venues for world-class entertainment: The Austin 360 Amphitheater is housed in the Circuit of the Americas motor racing facility.
• Highway 71 provides near-direct access to Austin employment hubs as well as all the shopping, dining, and entertainment venues in the metropolis.
• It’s adjacent to the Austin Bergstrom International Airport, making it an ideal spot for business and leisure travelers.
• Del Valle is home to its independent school district that includes Joseph Gilbert Elementary, Del Valle Elementary, Del Valle Middle, Dailey Middle, and Del Valle High.

Most Popular Del Valle Neighborhoods for Owner-Financed Homes

Los Cielos

This large suburban enclave offers a peaceful community that offers equally convenient access to big city conveniences and open green spaces. Homes vary by design and layout but most of them were built in the 2000s, so newcomers will have a few fewer things to worry about if they consider moving to this part of Del Valle.

Glenbrook

Nestled along the Colorado Riverbanks is the quiet neighborhood of Glenbrook. There are plenty of things to do around the river with other open recreational spaces offering limitless possibilities for outdoor recreation.

Valle del Rio

This tight-knit community offers the finest in waterside living including a refreshing breeze, relaxing trees, and cozy homes. But if you’re not into getting your feet wet, Onion Creek Wildlife Sanctuary offers a ton of sites and attractions just a few blocks away.

Other Areas to Buy Owner-Financed Homes in Del Valle

How to Buy an Owner-financed Home in Del Valle (78617)

Certain financial situations can hurt your chances of getting approved for a conventional loan, but it’s no reason to opt for a rent-to-own arrangement. Owner-financing might be a more feasible alternative as it enables you to pick any single-family home listed for sale in the Del Valle housing market, granted it’s in a loanable condition. Not only will you get a 30-year amortization period, but you’ll also get to rebuild your credit, allowing you to refinance or apply for a conventional loan in the future.

Interested in learning more? Set an appointment with us today!