Are you searching for an affordable place to purchase a home in Texas? If that’s the case, you might be interested in exploring counties that offer budget-friendly housing options in the Lone Star State.
Whether you’re drawn to the urban amenities of Houston, the coastal charm of Galveston, the serene rural surroundings of Hudspeth, or something in between, there’s a Texas county that fits your budget and lifestyle.
In this article, we’ll delve into the five Texas counties with the most economical home prices, considering factors like cost of living, property tax, rent, and land value.
Additionally, we’ll spotlight some of the attractions and features unique to each county, making them compelling choices. Let’s embark on this exploration and discover where you can find the most favorable deals on houses in Texas.
What is the Average Home Price in Texas?
The typical value of homes in Texas stands at $298,424, reflecting a 1.6% decrease in the past year, with properties typically entering a pending status within approximately 25 days. It’s important to note that this average can fluctuate based on factors such as location, size, type, and overall condition of the residence.
In Texas, the median sale price is recorded at $342,800, and in October 2023, 14.8% of homes were sold above their listed prices. Considered low-priced homes in various counties might vary depending on specific criteria.
San Augustine County
This county boasts the lowest cost of living index (80.1) among the 253 counties in Texas. The median home price stands at $147,611, with an average rent of $850. Renowned for its small-town charm and natural beauty, this county offers an appealing living environment.
Brownsville
In South Texas, this city boasts the most affordable rent at $650 and a cost of living index of 75.9, the lowest on the list. The median home price is $114,900, with a property tax rate of 1.8%.
Known for its rich history and culture, the city is conveniently located near the Mexico border and the Gulf of Mexico.
Galveston County
This county boasts the lowest property tax rate (1.6%) among the five main counties that make up the Greater Houston area. The median home value is $140,000, and the cost of living index is 92.4. Additionally, the county provides a range of attractions, including beaches, museums, historic sites, and amusement parks.
Pecos
This West Texas city boasts the lowest median home price on the list at $77,500. With an average rent of $750 and a cost of living index of 82.5, it sits near the Pecos River and the Big Bend National Park. The city takes pride in its cowboy heritage and vibrant rodeo culture.
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Hudspeth County
This Texas county boasts the most affordable land prices at $1,000 per acre. The median home value stands at $49,800, accompanied by a property tax rate of 1.1%. Characterized by a sparse population and predominantly rural landscapes, the area offers picturesque views of mountains and desert.
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Final Words
As evident, numerous counties in Texas provide affordable housing options coupled with diverse attractions and amenities. Whether you seek a city, beach, desert, or countryside setting, Texas offers a county that aligns with your preferences and budget.
However, it’s essential to weigh various factors when purchasing a home, including quality of life, job opportunities, the education system, crime rates, and more. Therefore, ensure thorough research and comparison of different options before reaching a decision.
