Fourth Ward, Houston TX ‘Owner-financed’ & rent-to-own homes
Located in Harris County, Fourth Ward is one of the six historic districts in Houston (along with Second, Greater Third, and Greater Fifth). The area’s close proximity to Downton Houston and other business districts, high housing affordability, easy accessibility via Allen Parkway, Interstate 45, and many other main roads and freeways, and a wide range of home buying options (established as well as new construction properties) are some of the features that make Fourth Ward a very popular real estate market. Despite being so close to Downtown, there are plenty of public green spaces in the area. Public transport is easily available. You will find about 50-70 homes listed for sale here most weeks. The median listing price ranges from $275,000 - $350,000.
If you are looking to buy a home in Fourth Ward, but struggling with credit, we – here at Shop Owner Finance – can help you learn how to buy any home here with owner financing – regardless of your credit or situation.
In this guide, you will get access to all the homes listed for sale in Fourth Ward and nearby areas. We will also discuss how you can buy any of these homes with owner financing.
Some interesting facts about The Fourth Ward real estate market
Here are a few reasons why you should consider buying a home in Fourth Ward:
- Easy Accessibility: Prominent business districts such as Galleria and the Energy Corridor are in close proximity. Downtown Houston is less than 12 minutes away. Other landmarks such as Texas Medical Center, West University, and Montrose are also within minutes. For this reason, the area is popular among professionals and entrepreneurs, looking to buy affordable homes with easy access to excellent urban amenities.
- High housing affordability: Despite the area’s close proximity to Downtown, the homes are affordable. You can easily buy a 3-bedroom single-family home sitting on a large lot with mature trees for $350,000 or less. You will find about 50-100 homes listed for sale here most weeks. The area has experienced redevelopment of residential as well as commercial properties, so you can easily find new construction homes covering a wide range of prices.
- Family-friendly amenities: The area features many parks and playgrounds including Wiley Park, West Webster Park, and San Felipe Park. Gregory-Lincoln Ed Center, Hogg Middle School, Carnegie Vanguard High School, and Heights High School are some of the public schools that homes in Fourth Ward are zoned to (Houston Independent School District).
- A wide range of home buying options is yet another reason for the area’s popularity among families. Fourth Ward features vintage-style homes and new construction townhomes.
Best Places to Buy a Home Near The Fourth Ward
How to buy an owner financed home in Fourth Ward
Buying a home in Fourth Ward can be challenging if you don’t qualify for a conventional mortgage due to reasons such as foreign nationality, financial missteps in the past or self-employment.
If you’ve saved enough for a down payment (a minimum of 15-20%), we can help you learn how to get owner financing on any home in Fourth Ward or anywhere else in Houston for that matter. You can pay off your owner financing loan in 30 years at reasonable interest rates or refinance any time you want with a conventional lender without worrying about pre-payment penalties. There are no balloon payments, credit checks, or income verifications.
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