Home prices
The median home in Payne Springs is valued at $107,000. It is about $12,920 (10%) lower compared to the surrounding areas.Compared to the nation as a whole it is approximately $110,500 (50%) lower, and is roughly $81,100 (43%) lower compared to the city of Dallas.
Rents
The median rent in Payne Springs is $967 per month. It is roughly $90 (10%) higher in comparison to nearby areas.It is roughly $95 (8%) lower in comparison to the entire nation, and in comparison to the city of Dallas it is about $85 (8%) lower.
Nearby places
Enchanted Oaks
Enchanted Oaks is about 1 mile southwest of Payne Springs. Housing prices there are significantly more expensive. The median home in Enchanted Oaks is valued at $237,500, which is $130,500 (54%) higher than Payne Springs. Rents there are a little more expensive. The median monthly rent in Enchanted Oaks is $1,167, which is $200 (17%) higher than Payne Springs.
Gun Barrel City
Gun Barrel City is about 3 miles northwest of Payne Springs. The real estate prices there are somewhat more expensive. Gun Barrel City's median home value is $122,100, which comes out to $15,100 (12%) higher than Payne Springs. The rent there is significantly less expensive. Gun Barrel City's median rent is $709 a month, which is $258 (36%) lower than Payne Springs.
Eustace
Eustace is about 4 miles east of Payne Springs. Real estate prices there are fairly similar. Eustace's median home value is $103,200, which comes out to $3,800 (3%) lower than Payne Springs. Its rents are substantially less expensive. The median rent in Eustace is $713 a month, which comes out to $254 (35%) lower than Payne Springs.
Tool
Tool is about 4 miles west of Payne Springs. The housing prices there are fairly similar. The median home in Tool costs $104,300, which comes out to $2,700 (2%) lower than Payne Springs. Rents there are fairly similar. The median rent in Tool is $1,002 per month, which works out to $35 (3%) higher than Payne Springs.
Log Cabin
Log Cabin is about 5 miles southeast from Payne Springs. The housing prices there are significantly less expensive. The median home in Log Cabin costs $32,500, which comes out to $74,500 (229%) lower than Payne Springs. Rent there is somewhat less expensive. Log Cabin's median rent is $794 a month, which works out to $173 (21%) lower than Payne Springs.
