Rent to own Homes in Gatesville, TX
Gatesville, TX is one of the most affordable cities in the country. The town is the county seat of Coryell County and is named after Fort Gates, a nearby army outpost that was first established in 1849. The city is nicknamed the Spur Capital of Texas because the Coryell County Museum includes one of the largest spur collections in the world with more than 10,000 pairs.
Gatesville, TX is a great place for affordable rent-to-own homes! With a median household income of over $45,495 and a median rent of $756, the Gatesville, TX 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 Gatesville, TX. 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 Gatesville, TX Property Resources
Rent to own Homes in Cities Near Gatesville, TX
Neighborhoods in Gatesville, TX
No neighborhoods foundPopular Zip Codes in Gatesville, TX
76599 rent to own homes 76597 rent to own homes 76598 rent to own homes 76596 rent to own homesBuying a Home in Gatesville, TX
Gatesville, TX is seeing rapid growth and Gatesville, TX's' housing market remains optimal with an average home price that is -53% below the 2025 national average. Gatesville, TX is part of Coryell county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2025 for county Coryell is 1.68% which is above the national average, which is 0.99%.
Median Home Price in Gatesville, TX
Median Rent in Gatesville, TX
Top 4 Reasons to Live in Gatesville, TX
Climbing Property Values! Home values in Gatesville, TX are on the rise. The estimated median value in 2012 was $74,016, which is a marked increase from the median cost of $53,800 in 2000. Fort Gates is just one of the city's many neighborhoods, and it's primarily occupied by medium and smaller homes that were built from 1970 to 1999. If you're searching for rent to own homes, check out the City Center community.
Parks and Recreation! Residents of Gatesville have access to two major public parks that are connected by a lighted walking trail. The trail has benches along the way so that hikers can relax and enjoy the surrounding forests and natural areas. The Faunt Le Roy Park is located along a bend of the Leon River, and it has RV hook-ups. The Raby Park has a playground, picnic tables and a swimming pool with splash park.
Affordable Rental Homes! Gatesville is known for its affordable rental homes. The median gross rent in 2012 was only $687. Since more than 20 percent of the city's properties were vacant in 2012, prices are expected to remain low for the future. If you're looking for rental house in Gatesville, try the Owl Creek Road-West Range Road neighborhood or the Coryell City Road community.
A Solid Economy! While only a small town, Gatesville has a solid economy that is partly based on the number of prisons in the area. As of 2014, more than 2,600 people were employed by one of the six correctional facilities in the city. In addition to government jobs, residents can look for employment at Siebert or Laerdal. Siebert produces trailers for commercial applications and the military while Laerdal makes teaching products for the medical industry.
