HomeRule

Cost of homeownership in Texas

State averages from Census ACS, energy costs from DOE EIA, and appreciation from FHFA. County-level detail is below.

Avg home value
$158,253
Avg property tax
$2,075
Homeownership rate
72.3%
1yr appreciation
-0.8%

Home price trend

FHFA House Price Index, quarterly.

Most expensive counties

  1. 1.Kendall County$464,100
  2. 2.Travis County$444,800
  3. 3.Collin County$411,100
  4. 4.Gillespie County$399,400
  5. 5.Denton County$377,000
  6. 6.Williamson County$370,100
  7. 7.Comal County$369,400
  8. 8.Rockwall County$363,500
  9. 9.Hays County$335,700
  10. 10.Fort Bend County$329,600

Most affordable counties

  1. 1.Yoakum County9.0%
  2. 2.Winkler County9.0%
  3. 3.Martin County9.0%
  4. 4.Glasscock County9.0%
  5. 5.Borden County9.0%
  6. 6.King County9.0%
  7. 7.Loving County9.0%
  8. 8.Crane County10.1%
  9. 9.Fisher County11.0%
  10. 10.Real County11.2%
Avg electricity
15.5¢/kWh

DOE EIA residential average.

Avg annual energy cost
$1,671

Residential baseline.

Avg mortgage interest deduction
Pending

IRS SOI, state-level avg.

All counties in Texas

Frequently asked questions

How much does it cost to own a home in Texas?

Based on Census ACS, the state average home value in Texas is $158,253, with median annual property tax around $2,075. Your actual cost depends on county and property.

What is the property tax in Texas?

Property tax rates vary by county. Texas's state average sits at roughly $2,075 per year on a median home. See county-level pages for local rates.

How fast are home prices appreciating in Texas?

FHFA House Price Index data shows Texas appreciating -0.8% over the last year and 35.6% over the last five years.

Is homeownership high in Texas?

Texas's homeownership rate is 72.3% (Census ACS). The share of owner-occupied units varies widely across counties.

Data sources

Disclaimer. HomeRule is not a real estate agent, lender, appraiser, or financial advisor. This content is for educational and informational purposes only. Actual costs vary significantly by property, location, and individual circumstances. Consult qualified professionals for personalized advice.