San Marcos, TX Owner-Financed & Rent-to-Own Homes with No Credit Check

This exciting city, conveniently located between Austin and other prominent neighborhoods such as Martindale, Maxwell, and Kyle, offers accessibility to all the comforts of its neighbor cities while letting residents enjoy its distinct small-town charm. San Marcos, being the County Seat of Hays, has enjoyed growth over the years, combining the city’s rich history with modern conveniences. Diversity of home styles, an abundance of open green spaces, and a rich cultural scene are some of the reasons why new residents have come to call the city their new home. The median listing price of $400,000 makes it an affordable housing market with most properties staying in the listed market for not more than 40 days.

Banks that usually provide the primary means of financing in the City of San Marcos require outstanding credit scores, consistent monthly revenues, and other documentation for aspiring homeowners to qualify for a conventional mortgage. This leaves entrepreneurs, freelancers, and other self-employed professionals with a long process and more requirements. A unique third-party owner financing program in San Marcos as well as in the zip code areas of 78666 and 78667 however, offers more leniency for such individuals to get the home of their choice. This arrangement also does not ask for credit histories or income statements but allows borrowers to use their cash as their basis for credit.

This guide will help you learn how to leverage owner-financing to make your dream of owning a home here a reality regardless of your credit situation:

Why Buy an Owner-financed Home in San Marcos, TX (78666, 78667)?

Here are a few reasons why you should consider buying a home in San Marcos:

• The $400,000 median listing home price offers affordable newly-constructed property options, making it attractive for relocating families and first-time homebuyers.
• Its prime location between Austin and San Antonio lets locals enjoy the finest attractions both cities have to offer without being dragged into all that hustle and bustle.
• The cities rich history has made it one of the best archaeological sites for Native American artifacts.
• Texas State University (alma mater of the late Lyndon B. Johnson) is located in San Marcos, providing residents with easy access to high-end education.
• While it’s touted for its touted for its location between two metropolitan areas, San Marcos also offers a host of live music venues along with shops and restaurants including the famous San Marcos outlet malls.
• The city’s prolific artistic community also gives way to diverse cultural, civic, educational, and sports activities for residents of all ages and backgrounds. 
• San Marcos houses 18 public schools which include Crockett Elementary, Hemphill Elementary, Laura B. Wallace Middle, and Jack C. Hays High.

Most Popular San Marcos Neighborhoods for Owner-Financed Homes

La Cima

Just 5 minutes west of downtown San Marcos is a thriving master-planned community that mixes the conveniences of a big city with charm of a college town. The centerpiece of this community is its own central park where locals can play, run, and bond with their neighbors.

Kissing Tree

The cozy homes and quiet streets of Kissing Tree form a wonderful ambiance that retirees and empty nesters will definitely appreciate. It’s peacefully nestled at the foot of the Texas Hill Country, offering a bit of everything for everyone from a friendly round of golf to a variety of choices for dining and entertainment.

Blanco Vista

This established master-planned community features cozy homes inspired by modern Texan architecture. Residents can easily enjoy the conveniences of downtown but Blanco Vista offers a host of outdoor activities from fishing in its fully-stocked ponds to a splash in the Olympic-size community pool.

Other Areas to Buy Owner-Financed Homes in San Marcos

More Zip Code Areas Around San Marcos to Buy Owner-Financed Homes

• 78655
• 78640
• 78656

How to Buy an Owner-financed Home in San Marcos (78666, 78667)

Rent-to-own homes are one of the popular options for credit-challenged families looking to buy a home in San Marcos. While such arrangements have no credit check, it also offers a limited inventory of homes for buyers to choose from. Third-party owner financing, on the other hand, offers more perks for aspiring homeowners with no income verifications, and less stringent requirements. Homebuyers also get an amortization period of up to 30 years with monthly payments being reported to credit bureaus to help them improve their credit scores and refinance with conventional lenders in the long run.

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