Texas House Affordability Calculator
Estimate what you can afford in Texas using state-specific property taxes, debt-to-income limits, and financing assumptions.
As of 2026 · Texas state data: Texas Constitution
Affordability examples by income (Texas)
| Income | Max home price | Monthly housing | Down payment |
|---|---|---|---|
| $60,000 | $164,632.60 | $1,100 | $32,926.52 |
| $80,000 | $254,432.20 | $1,700 | $50,886.44 |
| $100,000 | $344,231.80 | $2,300 | $68,846.36 |
| $120,000 | $419,064.80 | $2,800 | $83,812.96 |
| $150,000 | $523,831 | $3,500 | $104,766.20 |
Affordability inputs
Affordability result summary
Based on your income of $100,000 in Texas, you can afford a home up to $344,231.80 with a monthly housing payment of $2,300.
Max home price
$344,231.80
Max loan amount
$275,385.44
Down payment
$68,846.36
Adjusted mortgage rate
6.50%
Property tax rate
1.60%
Estimated take-home (monthly)
$6,598.33
Monthly payment breakdown
Principal + Interest
$1,740.62
Property tax
$458.98
Insurance
$100.40
HOA
$0
Total housing
$2,300
Comfortable vs Stretch vs Maximum
| Range | Monthly budget | Home price | Down payment needed |
|---|---|---|---|
| Comfortable | $1,840 | $275,385.44 | $55,077.09 |
| Stretch | $2,070 | $309,808.62 | $61,961.72 |
| Maximum | $2,300 | $344,231.80 | $68,846.36 |
AI explains your result
FinCalc AI
State tax impact comparison
In California vs Texas, the same inputs change max affordability by $42,981.57, with monthly property tax changing by -$229.87.
Texas vs California affordability gap with these inputs: -$42,981.57.
After-tax affordability check
Housing consumes 34.9% of estimated take-home pay, leaving $3,598.33/month after housing and existing debts.
State median home price benchmark: $380,000. Your max is -9.4% vs median.
Buying a home in Texas
Texas takes no state income tax out of the paycheck that services a mortgage, so more of a given gross salary is genuinely available for housing than in a high-tax state — a difference lenders' gross-income ratios do not capture but monthly budgets feel. The trade-off arrives through the property side: Texas's effective property tax rate is about 1.60% of assessed value, billed for as long as you own the home.
A buyer earning $100,000 with $600 monthly recurring debt, 20% down, and a 6.5% 30-year fixed mortgage can typically afford a home up to about $349,220.67 in Texas, with an estimated monthly housing cost around $2,333.33. The 2026 median single-family home price in Texas is around $380,000.
The 1.60% property tax used here is a statewide effective average — actual bills are set at the county and city level and can differ substantially within Texas. Verify with Texas Constitution (https://statutes.capitol.texas.gov/Docs/CN/htm/CN.8.htm) and the county assessor before setting a price ceiling.
Texas home affordability — FAQ
How much house can I afford on $60K in Texas?
On a $60,000 annual income in Texas (single filer, 60% DTI from debt, 20% down, 30-year fixed at 6.5%, good credit, 2026), estimated max home price is around $209,532.40 with a monthly housing payment near $1,400. That breaks down to about $1,059.51 principal & interest, $279.38 property tax, and $61.11 insurance per month.
How much house can I afford on $100K in Texas?
On a $100,000 annual income in Texas (single filer, 60% DTI from debt, 20% down, 30-year fixed at 6.5%, good credit, 2026), estimated max home price is around $349,220.67 with a monthly housing payment near $2,333.33. That breaks down to about $1,765.85 principal & interest, $465.63 property tax, and $101.86 insurance per month.
How much house can I afford on $150K in Texas?
On a $150,000 annual income in Texas (single filer, 60% DTI from debt, 20% down, 30-year fixed at 6.5%, good credit, 2026), estimated max home price is around $523,831 with a monthly housing payment near $3,500. That breaks down to about $2,648.77 principal & interest, $698.44 property tax, and $152.78 insurance per month.
What is the property tax rate in Texas?
Texas's effective property tax rate is approximately 1.60% of assessed home value annually. That is on the higher end nationally — only New Jersey (~2.26%) and Connecticut (~1.98%) are higher. On a $380,000 home, expect roughly $6,080 per year in property tax.
What is the median home price in Texas?
The 2026 median single-family home price in Texas is around $380,000. With 20% down that means a down payment near $76,000 and a financed amount of about $304,000. Prices vary widely by metro — coastal and urban areas typically exceed the state median by 30%–60%.
Is Texas good for first-time homebuyers?
Texas can be attractive for first-time buyers: no state income tax leaves more cash for down payment savings and monthly mortgage payments. Property tax at 1.60% is a meaningful monthly cost to budget. Texas first-time buyers may qualify for state-administered down-payment-assistance programs through the state housing finance agency.
What's the 28/36 rule and how does it apply in Texas?
Lenders typically cap front-end DTI (housing payment / gross monthly income) at 28% and back-end DTI (housing + all debt / gross monthly income) at 36%. In high-property-tax states like Texas (~1.60% property tax), the front-end ratio binds sooner because property tax and insurance can push monthly housing 25%–35% above pure principal & interest. Use the comfortable, stretch, and maximum ranges above to gauge how aggressive your budget is.
Can I afford more house in Texas or Arkansas?
On the same $100,000 income, 20% down, 6.5% rate, good credit profile, the estimated max home price is $349,220.67 in Texas vs $400,695.32 in Arkansas. Arkansas allows about $51,474.65 more purchasing power — driven mainly by differences in state income tax (affecting take-home) and property tax rates.
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