Free Texas (TX) home affordability calculator with 2026-specific rates. Calculate your exact home affordability using real Texas data.
With the median household income of $67,700 in Texas, using the standard 28% housing ratio, you could afford approximately $1,580 per month on housing. Actual affordability depends on your debts, down payment, credit score, and current interest rates.
Key factors in Texas include the median home price of $300,000, property tax rate of 1.68%, home insurance averaging $2,700/year, and the overall cost of living index of 93. The absence of state income tax leaves more income available for housing.
Texas's median home price is $300,000 with a cost of living index of 93. This is near the national median. First-time buyers should explore local assistance programs and consider various neighborhoods.