browse list of realtors working in Palo Pinto County
Palo Pinto county has 1 usdaproperties.com realtor ready to help with your search!
September 2024 Featured Agent | |
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LaTisha Grant | from Bourquin Realty |
There are 70 USDA backed residential loans in Palo Pinto county with an average loan balance of $98,943. Over 85% of the loans helped first time home buyers. Borrowers were an average age of 39 years old. The typical appraised home value was around $100,834. On average the rural home size purchased with this loan was approximately 1,583 SqFt. Palo Pinto county applies the standard USDA income limits to determine loan eligibility. For a household of upto 4 people the income limit is $90,300. For a household of between 5 and 8 people the income limit is increased to $119,200.
The size of Palo Pinto County is roughly 2,551 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Palo Pinto County is 3. Look below for the interactive county level map illustration below for more details.
Start your search for USDA loan eligible properties in the cities of Palo Pinto County, TX
* cities most likely to have USDA loan eligible properties for sale.
Brad • Brazos • *Gordon • *Graford • Lone Camp • Metcalf Gap • *Mineral Wells • *Mingus • Oran • *Palo Pinto • Peadenville • Salesville • Santo • *Strawn • Sturdivant
A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA properties in Palo Pinto County.
Palo Pinto County, located in the great state of Texas, was officially established on August 27, 1856, from Bosque and Navarro counties. It is situated in the north-central part of the state, named after the Palo Pinto Creek which was named by early Spanish explorers. Covering an area of approximately 986 square-miles, the county's original economy revolved around ranching, agriculture, and trade, with the Brazos River playing a key role in transportation and provision of resources.
In 1857, the county's first permanent settlement, Golconda, was established, followed by the town of Palo Pinto, which later became the county seat. Mineral Wells, another significant city, was founded in 1881 after a variety of mineral waters with reputed health benefits were discovered. This led to a boom in health tourism and the creation of many hotels and bathhouses, earning Mineral Wells the nickname of "The South's Greatest Health Resort."
The construction of the Weatherford, Mineral Wells and Northwestern Railway in 1891 further bolstered local economic growth in various sectors such as the oil, gas, and gypsum industries. The population of the county experienced a steady increase throughout the early 20th century, reaching a peak in the 1930s before declining post-World War II.
A fun fact about Palo Pinto County, Texas is that it's home to the famous Baker Hotel in Mineral Wells, a luxurious spa resort which opened in 1929. With 14 stories and 450 guest rooms, the hotel has been visited by numerous celebrities and politicians, such as movie stars like Judy Garland, Clark Gable, and even the future President Lyndon B. Johnson. Although it closed in 1972, there are plans to restore and reopen this historic gem as a restored spa resort.