Rent to own Homes in Sunland Park, NM
Bordered by Texas and the state of Chihuahua in Mexico, Sunland Park is a small city at the southern edge of New Mexico. Just 10 miles east of El Paso, Sunland Park was once popular with retirees, but today has a young, vibrant vibe. Its economy is dominated by the Sunland Park Racetrack and Casino, which hosts one of the richest horse racing seasons in the region. Today, nearly 15,000 people call Sunland Park home.
Sunland Park, NM is a great place for affordable rent-to-own homes! With a median household income of over $33,342 and a median rent of $573, the Sunland Park, NM rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Sunland Park, NM. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Sunland Park, NM Property Resources
Rent to own Homes in Cities Near Sunland Park, NM
Neighborhoods in Sunland Park, NM
No neighborhoods foundPopular Zip Codes in Sunland Park, NM
88063 rent to own homesMedian Home Price in Sunland Park, NM
Median Rent in Sunland Park, NM
6 Reasons to Live in Sunland Park, NM
Gaze upon Christ the King! Sunderland Park lies right at the foot of Mount Cristo Rey - a lofty peak that houses a 40 feet tall statue of Christ on top. Called Christ the King, the statue looks over the city with arms wide open - a sight not dissimilar to the famous Christ the Redeemer in Rio de Janeiro in Brazil.
Spacious, sunny and affordable! With median home values falling just shy of $82,000, Sunland Park is one of the more affordable cities in New Mexico. Close proximity to El Paso and a vibrant economy have helped median home values rise sharply over the last decade, up nearly 100 percent from 2000. Many rent to own properties are available.
Get lucky! Sunland Park is best known for the Sunland Park Racetrack and Casino, a prominent local fixture that inspired the name of the city. Originally opened in 1959, this unique casino is home to one of the most vibrant live racing scenes in the state. It also boasts a state-of-the-art casino, along with numerous dining and entertainment options.
Luxury beckons! Despite being one of the more affordable cities in the region, Sunland Park also boasts some beautiful homes. At the far end of the range, you can get five bedroom units for just over $650,000. These lie close to the casino or to the Santa Teresa Country Club nearby.Look for properties around Luna Dr and Octillo Dr.
There's plenty to be amused about! The Western Playland Amusement Park, located right across Sunland Park Racetrack, is another firm local favorite. It's a sprawling amusement park with over 30 rides, including the popular "Bandido Roller Coaster" and the stomach-churning "Drop Zone."
Eat like a king! Thanks to its location, Sunland Park is home to some of the best Mexican cuisine you can have this side of the border. Las Fuentes Restaurant and Casa Jurado on Doniphan are particular favorites. Texas Roadhouse and Ventanas Restaurant are two other local Tex Mex and Texas BBQ favorites. Other must-eat places in the city are the Garufa Argentinian Restaurant and Ardovino's Desert Crossing, which looks upon Sierra de Cristo Rey.
