South Houston FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in South Houston, Texas.

Total: 2
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
19 Photos
AMMONS ST South Houston TX 77587 Foreclosures 3 2 - Details
2
10 Photos
ILLINOIS ST South Houston TX 77587 Foreclosures 3 1.5 $71,500.00 Details
About our Listings

How to Buy South Houston Foreclosures

How to buy foreclosures

Buying real estate foreclosures in South Houston, TX starts with finding listings. By browsing South Houston foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in South Houston, TX.

>> See more info about how to Buy foreclosures

How to Invest in South Houston Foreclosures

How to invest foreclosure

South Houston foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best South Houston real estate investing bargains, you'll have to assess several properties and decide which has the most potential for South Houston foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at South Houston foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in South Houston

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in South Houston will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in South Houston, TX. There are even chances to buy land, farms, and ranches, sites for mobile homes, and South Houston apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

Texas Foreclosure Laws

Foreclosure law

Texas real estate foreclosures are both judicial and non-judicial foreclosures in that foreclosure houses can be processed through either mechanism. In a judicial foreclosure, distressed properties in South Houston have to be approved through a court before an auction can take place. In a non-judicial foreclosure, no court approval is required; the lender can file a Notice of Default and eventually put the auction up for sale. Real estate brokers can handle foreclosures after they have been either cleared by the court or put on the market by the lender. In either case, homes that do not sell at auction are now owned by the lender and are South Houston REO properties.

South Houston Banks Foreclosures

Bank Foreclosure

South Houston bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in South Houston, TX are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on South Houston bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in South Houston Texas to be similar to buying from an agent. Check our South Houston bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

South Houston Government Foreclosures

Government Foreclosure

South Houston Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in South Houston TX are another popular type of foreclosure, as are VA foreclosures in South Houston, which are available from the Veterans Affairs Department for especially great deals. Check our South Houston government foreclosure listings.

>> See more info about govermment foreclosures

South Houston Pre-Foreclosures

Foreclosure

PreForeclosures in South Houston are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a South Houston Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

South Houston Foreclosure Auctions

Foreclosure Auction

Most South Houston foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in South Houston, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in South Houston, TX. We offer a comprehensive South Houston foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in South Houston, Texas

Find Home Foreclosure Listings in South Houston, TX

South Houston foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in South Houston, TX and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in South Houston Texas, best affordable foreclosure condo in South Houston, cheap apartments for sale, bargain foreclosed homes for sale in South Houston, TX and earn huge savings on the homes YOU want to buy!

Our South Houston Foreclosure Lists

You can find South Houston foreclosure homes for sale which you can buy for living or investment. Simply click through our South Houston foreclosure home listings to find government foreclosures and bank owned homes in South Houston area. If you're searching for a deep discount or low prices on real estate then searching our South Houston foreclosure lists for homes foreclosure for sale or short sale listing in South Houston is your answer. Our up-to-date South Houston short sale listings provide the latest investing opportunities on affordable South Houston bank owned property listings, government pre foreclosure lists, South Houston banrkuptcy homes and South Houston HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in South Houston, you should have little trouble finding the cheapest deal on a foreclosed home in South Houston, Texas.

You can also search Seabrook foreclosure listings and Webster foreclosure listings for more properties in the neighboring area.



South Houston, TX

As of 2011, South Houston's population is 16,588 people. Since 2000, it has had a population growth of 4. 68 percent. The median home cost in South Houston is $79,600. Home appreciation the last year has been -1. 46 percent. Compared to the rest of the country, South Houston's cost of living is 20. 40% Lower than the U. S. average. South Houston public schools spend $4,396 per student. The average school expenditure in the U. S. is $5,678. There are about 15. 8 students per teacher in South Houston. The unemployment rate in South Houston is 8. 30 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. South Houston jobs have Increased by 1. 54 percent. Average Commute time is 29 minutes. The National Average is 28 minutes.

Peoplesouth-houston, txUS
Population16,588307,829,557
Pop Density5,41387
Pop Change4.68%9.34%
Median Age29.636.6
Households4,633116,329,167
Household Size3.532.58
Male Population51.12%49.31%
Female Population48.88%50.69%
Married Population47.03%47.15%
Single Population52.97%52.85%
Estimated Households By Household Incomesouth-houston, txUS
Income Less Than 15k17.80%12.10%
Income Between 15k And 25k14.21%10.18%
Income Between 25k And 35k12.25%10.56%
Income Between 35k And 50k16.99%14.98%
Income Between 50k And 75k19.01%19.53%
Income Between 75k And 100k10.08%12.52%
Income Between 100k And 150k7.17%12.14%
Income Between 150k And 250k1.64%3.91%
Income Between 250k And 500k0.82%3.34%
Income Greater Than 500k0.04%0.75%
Economysouth-houston, txUS
Unemployment Rate8.30%9.10%
Recent Job Growth1.54%-0.12%
Future Job Growth34.78%31.25%
Sales Taxes8.25%6.80%
Income Taxes0.00%6.25%
Income Per Cap$13,938$27,067
Household Income$40,074$52,954
Housingsouth-houston, txUS
Median Home Age42.135.1
Median Home Cost$79,600$175,100
Home Appreciation-1.46%-3.15%
Homes Owned54.97%59.90%
Housing Vacant10.00%10.37%
Homes Rented35.03%29.73%
Property Tax Rate$20.09$11.20
Owner Occupied Housing Units By Valuesouth-houston, txUS
Less Than 20k9.41%2.65%
20k To 399998.11%3.76%
40k To 5999915.37%4.99%
60k To 7999924.71%6.01%
80k To 9999920.90%7.27%
100k To 14999916.18%19.24%
150k To 1999992.50%14.67%
200k To 2999991.87%18.09%
300k To 3999990.32%9.14%
400k To 4999990.00%4.94%
500k To 7499990.46%5.42%
750k To 9999990.18%2.03%
1kk Or More0.00%1.77%
Educationsouth-houston, txUS
School Expend$4,396$5,678
Pupil Teacher Ratio15.814.9
Students Per Librarian760803
Students Per Counselor537513
2 Yr College Grad3.55%7.47%
4 Yr College Grad2.11%17.42%
Graduate Degrees1.33%10.12%
High School Grads47.14%84.72%
Crimesouth-houston, txUS
Violent Crime74
Property Crime64
Housing Units By Year Structure Builtsouth-houston, txUS
1999 To 20056.59%13.71%
1995 To 19983.37%8.54%
1990 To 19942.85%5.77%
1980 To 198911.97%13.87%
1970 To 197920.71%16.17%
1960 To 196926.25%11.70%
1950 To 195916.86%11.08%
1940 To 19498.31%6.02%
1939 Or Earlier3.08%13.15%

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