Lake Dallas, TX rent-to-own & owner financed homes (no credit)

Lake Dallas no credit check homes

Lake Dallas is a community located ten miles south of Denton in between Corinth, Shady Shores, and Hickory Creek on the coast of Lewisville Lake. With a vision to be a proud community with unique charm, built on strong family and community values, with exciting lakeside, recreational, and tourism assets supported by a diverse and profitable business base, Lake Dallas is no doubt a place you'd want to call home. The median listing price hovers around $270K; however, when you browse through the listings, you will be able to find that the price ranges from $165K to $985K. Even though there are only 30-40 homes available for sale, there's no need to feel pressured about having to compete with other homebuyers since the listings usually stay on the market for an average of 80 days.

With a median listing price hovering around $270,000, Lake Dallas is a desirable housing market for families. Many home buyers who are drawn to this beautiful community due to its excellent schools, suburban vibe and other amenities struggle to realize their homeownership dream due to credit challenges. A no-credit-check financing method such as rent-to-own or owner-to-owner may be one of the options for them. However, most of these methods curtail your freedom of buying a home of your choice in Lake Dallas. As a real estate training agency, we can help you learn about third-party owner financing that gives you this freedom.

In this guide, you will have free access to all the homes listed for sale in Lake Dallas. You will also learn how you can buy any of these homes with owner financing.

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Information is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed or used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Creative TLC Realty, LLC are marked with the NTREIS IDX logo and information about them includes the name of the listing brokerage.

NTREIS data last updated September 24, 2021.

Why Buy an Owner-Financed Home in Lake Dallas, TX?

The following Lake Dallas real estate market overview will help you decide if the city is the right home buying destination for you and your family:

  • The median listing price hovers around $270K; however, when you browse through the listings, you will be able to find that the price ranges from $65K to $985K.
  • Even though there are only 30-40 homes available for sale, there's no need to feel pressured about having to compete with other homebuyers since the listings usually stay on the market for an average of 80 days—though this is a metric that changes frequently.
  • In August 2009, the North Texas Tollway Authority finished a bridge between Lake Dallas and Little Elm, Texas. Swisher Road near Lake Dallas links to Eldorado Parkway in Little Elm through this bridge.
  • The city's vision is to be a proud community with unique charm, built on strong family and community values, with exciting lakeside, recreational, and tourism assets supported by a diverse and profitable business base.
  • Residents enjoy the small-town charm, the peacefulness of the neighborhoods, and how easy it is to get to places. For example, it is about 20 minutes to Highland Village, 30 minutes to Grapevine, and on the brisk of Denton and Lewisville.
  • The City of Lake Dallas is served by the Lake Dallas Independent School District which is also the city's top employer which hires 570 people.

Best Places to Buy a Home Near Lake Dallas

Owner Financing vs. Rent-to-Own in Lake Dallas

Concerned about balloon payments, pre-payment penalties, high-interest rates, or income verification when choosing a no-credit-required program in Lake Dallas? Well, rent-to-own or owner-to-owner financing has these restrictions. You can consider third-party owner financing that doesn’t have any of these stringent terms and allows you to purchase a home like a home buyer with conventional financing.

Interested in learning more? Get in touch with us today!  

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