Laredo, TX Rent To Own Homes

Rent-to-Own Homes in Laredo, TX: What You Need to Know

Laredo, Texas sits just across the Rio Grande from Mexico. Needless to say, there is a closely shared history there. In 1755, Villa de Laredo was founded by Tomas Sanchez and others representing the government of Spain. With independence from Spain in 1821, the Mexican Empire became the official government over Laredo. A quarter-century later, Laredo was captured by Texas Rangers in the U.S.- Mexican War and became part of the United States by treaty. Railway service to Corpus Christi began in 1880. In 1908, natural gas was discovered nearby. These developments led to prosperity which, in turn, led to the establishment of cultural, educational, and religious institutions.

What’s the Housing Availability in Laredo, TX?

The vast majority of homes (82.6%) in Laredo sell for under $234,000. Only about 2% value at over $500,000. The median home value rests at $137,625. With just over 71,000 dwellings, both houses and apartments in Laredo, TX, these structures appreciated between 2010 and 2020. Slightly over 61% of households own their own home while just under 39% pay rent, averaging at $1,139 per month. Units average an 8.5% vacancy rate.

Schools in Laredo, TX

The Laredo Independent School District (ISD) governs 20 elementary schools, four middle schools, and ten high schools, of which several are advanced or specialized. While the U.S. average on educational spending per student is $12,383, Laredo comes in significantly lower, with $8,550 going to each pupil. Classrooms are estimated at 17 students for each teacher, 418 per guidance counselor, and 950 for every staff librarian. In addition to public schools, Laredo is home to several private and parochial institutions, sponsored by churches and independent authorities.

What Makes Laredo, TX Unique?

Situated so close to Mexico, Laredo cannot escape Mexican influence on cuisine, fashion, and culture. Bolillos is well-known for its fish tacos and Mexican hot dogs, while Lolita's Bistro is known for its chorizo chilaquiles brunches. There are other excellent eateries offering alternative cuisines as well. The downtown district maintains a lively nightlife. Siete Banderas is one such place to enjoy cocktails and good music. Walking on brick streets and surrounded by Spanish-style architecture, shoppers can find culturally appropriate clothing, jewelry, crafts, pottery, and fine art. Deep in the heart of South Texas, Laredo offers old-world charm and modern convenience.

Climate and Weather

Around 50ºF is about as cold as it gets in Laredo – and that is an overnight temperature in mid-January. Once in a while, January in Laredo experiences some snow. In August, the high hovers around 100ºF, although August also sees the lowest humidity. The following month, September, usually receives the most rain, over two inches. The most ample sunshine, and highest UV at eight, occurs in July each year. Not surprisingly, December has the least sunlight and lowest UV. Winds speed is highest (13mph) during summer.