Greater Third Ward, Houston TX rent-to-own & owner-financed homes

One of the most culturally diverse neighborhoods in Houston, Greater Third Ward is home to about 15,000 residents. The median listing price is $300,000 and you will find about 200 homes listed for sale here most weeks. It means it’s easy to find a home that fits in your budget in this neighborhood. The home prices have been appreciating in Greater Third Ward for the past few years, making it a great area to invest in a home in. A lot of families from diverse ethnic backgrounds are moving to this neighborhood due to high affordability, easy accessibility, and kids-friendly amenities.

Getting pre-approved for a mortgage is the first step to buying a home in Greater Third Ward. But if for some reason, you are not able to qualify for a conventional mortgage, you can buy any home of your choice with owner financing. You need to put a minimum of 15%-20% down to get owner financing on a home in Greater Third Ward or anywhere else in Houston.

In this detailed guide, you will get access to all the homes listed for sale in Greater Third Ward. We will help you learn how to buy any of these homes with owner financing. We will also discuss various features that make families love this neighborhood.

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Why to buy an owner-financed home in Greater Third Ward

Here are a few reasons why you should consider buying a home in Greater Third Ward:

Easy accessibility

Greater Third Ward is easily accessible as it’s bordered by South Freeway (I-69) to the northwest, the Gulf Freeway (I-45) to the northeast, and Blodgett Street to the south. Professionals and businesspersons like this neighborhood for this reason. Close proximity to prominent landmarks such as Galleria, Sears Outlet and River Oaks Shopping Center, The Houston Zoo, Hermann Park, and Rice University also make Greater Third Ward a desirable location for families.

Good investment

Buying a home in Greater Third Ward may turn out to be a good investment as the area has reported strong appreciation in property values over the past few years.


The neighborhood is situated close to the MacGregor Park, known for the hike-and-bike trails, pools, and picnic areas. There are many noted schools in the area:

Elementary Schools

  • Henderson J Elementary School
  • Blackshear Elementary School
  • Lockhart Elementary School
  • Univ Of Houston Charter School-Tech
  • Tsu Charter Lab School

Middle Schools

  • Baylor College Of Medicine Academy
  • Cullen Middle School
  • Walipp-Tsu Preparatory Academy

High School

  • Yates High School

How to buy an owner financed home in Greater Third Ward

As a real estate training agency, we can help you learn how to buy any home listed on the market in Greater Third Ward or anywhere else in Houston with owner financing. As long as you can arrange for a minimum of 15%-20% down payment, you can obtain a 30-year-loan with no credit check or income verification and no balloon payment or pre-payment penalty. You can also refinance any time you want.

If you are looking for

  • An owner financed home in 77004

Contact us today (even if you can’t qualify for a traditional mortgage).

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