Mortgage Rates in Texas
Updated April 2026
Key Mortgage Metrics
Median Home Price
$300,000
30-Year Fixed Rate
6.9%
Property Tax Rate
1.8%
Est. Annual Property Tax
$5,400
Housing Market in Texas
The median home price in Texas is currently $300,000, with an average 30-year fixed mortgage rate of 6.9%. Property taxes in Texas average 1.8% of home value, translating to approximately $5,400 annually on a median-priced home.
Use our mortgage calculator to estimate your monthly payments based on your specific down payment and loan terms.
First-Time Homebuyer Programs
Texas offers several programs to help first-time homebuyers:
- Texas Housing and Community Affairs Department
- State lending programs
Contact your state housing finance agency for eligibility requirements and application details.
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