Northwest, Houston TX owner-financed & rent-to-own homes
Affordability, close proximity to Downtown, diversity, small-town atmosphere despite being so close to Downton Houston and Inner Loop, a strong appreciation in property values, and a wide range of home buying options are some of the features that make Northwest Houston a popular housing market. You will find about 1000 homes listed for sale here most weeks. The median listing price for single-family homes ranges from $225,000 - $300,000. Northwest Houston consists of several smaller neighborhoods and subdivisions such as Fairbanks/Northwest Crossing, Spring Valley Village, and some parts of Hedwig Village. Many of them have deed restrictions in place. For this reason, these communities - developed as far back as 1940s to the 1950s - have maintained their original look and feel.
If you are looking to buy a home in Northwest, 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 Northwest and nearby areas. We will also discuss how you can buy any of these homes with owner financing.
Some interesting facts about the Northwest real estate market
Here are a few reasons why you should consider buying a home in Westview Terrace:
- One of the biggest advantages of living in Northwest Houston is its easy accessibility to Downtown and Inner Loop. As prominent business districts including the Energy Corridor are just minutes away, Northwest Houston is very popular among entrepreneurs and professionals.
- Top-rated schools, plenty of urban amenities, and a small-town feel are some of the features that draw families to this part of the city. Some of the public schools that Northwest Houston homes are zoned to include The School For Highly Gifted Students, Hunters Creek Elementary School, Valley Oaks Elementary School, Benbrook Elementary School, Cornerstone Academy, Mayde Creek J High School, Mayde Creek High School, and Memorial High School.
- You will find about 800-1000 homes listed for sale here most weeks. The median listing price is $250,000, but you can easily find a single-family home for $200,000 or less. It will be easier for you to find a home that suits your budget and requirement.
- Many neighborhoods in Northwest Houston have reported a strong appreciation in property values, so buying a home here may turn out to be a profitable investment.
Best Places to Buy a Home Near Northwest Houston
How to buy an owner financed home in Northwest
Buying a home in the Northwest 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 Northwest 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.