browse list of realtors working in Reeves County
Reeves county has 1 usdaproperties.com realtor ready to help with your search!
September 2024 Featured Agent | |
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Michelle Ortega | from All City Real Estate |
There are 30 USDA backed residential loans in Reeves county with an average loan balance of $77,447. Over 86% of the loans helped first time home buyers. Borrowers were an average age of 37 years old. The typical appraised home value was around $78,016. On average the rural home size purchased with this loan was approximately 1,517 SqFt. Reeves 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 Reeves County is roughly 6,838 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Reeves County is 7. 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 Reeves County, TX
* cities most likely to have USDA loan eligible properties for sale.
Angeles • Arno • *Balmorhea • Hermosa • Hoban • Orla • *Pecos • Red Bluff • Riverton • Saragosa • *Toyah • Toyahvale • Verhalen • Worsham
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 Reeves County.
Reeves County, located in the Permian Basin region of West Texas, was established in 1883 and named in honor of George Robertson Reeves, a Texan legislator, soldier, and politician. The county's seat is located in the city of Pecos. The first known inhabitants of this region were Native American tribes, and the Spanish explorer Antonio de Espejo was among the earliest Europeans to traverse this area in 1583.
Reeves County was initially part of the Bexar District in Texas and later became part of Pecos County. However, in 1883, it was separated and established as its own entity. The region experienced development in agriculture, ranching, and oil industry, with the population gradually increasing over the years. By 1920, its population had reached around 3,710 people. In the 1930s, irrigation projects helped convert the arid landscape into fertile agricultural fields. With the discovery of oil, the region experienced an economic boom during the mid-20th century, notably with the opening of the P-Reeves gas field in 1955.
A fun fact about Reeves County is that it is home to the world's first rodeo, which was held on July 4, 1883, in the town of Pecos. This event is considered the "birthplace of the modern rodeo" and marked the beginning of the now widespread American cowboy tradition.