Texas Mortgage Calculator 2026 — Including TX Property Taxes

Calculate Texas mortgage payments including property taxes. Texas has no state income tax but high property taxes. Free TX mortgage calculator.

Texas has no state income tax — a major advantage for homeowners — but some of the highest property tax rates in the US averaging 1.6-2.2% of home value annually. A $350,000 Texas home can add $5,600-$7,700/year in property taxes to your mortgage payment. This calculator includes Texas-specific property tax rates for accurate payment estimates.

Texas Property Tax Rates by Major County

Average effective property tax rates in Texas: Harris County Houston 1.82%, Dallas County 2.08%, Travis County Austin 1.95%, Bexar County San Antonio 2.03%, Tarrant County Fort Worth 2.05%. Texas homestead exemption reduces taxable value by $100,000 as of 2025 legislation. This saves $1,600-$2,200/year for qualifying homeowners.

Texas Home Buying: Key Differences vs Other States

Texas advantages: no state income tax, strong job market, lower home prices than CA or NY. Texas considerations: high property taxes budget 1.8-2.2% annually, high homeowners insurance hurricane and storm zone adds $2,000-4,000/year, no mortgage recording tax, title insurance required. Factor all these into your true monthly cost.

Frequently Asked Questions

What are property taxes in Texas for a $300,000 home?

At Texas average 1.8% effective rate: $300,000 × 0.018 = $5,400/year = $450/month. With homestead exemption $100,000 off assessed value: $200,000 × 0.018 = $3,600/year = $300/month. Rates vary by county — enter your specific county rate in our calculator for accurate results.

Is Texas a good state to buy a home?

Texas is favorable for many buyers: no state income tax, strong economy, growing job markets in Austin, Dallas, Houston. Challenges: high property taxes, expensive homeowners insurance, and significant price appreciation in major metros over 2020-2024. Smaller Texas cities and suburbs offer good value in 2026.

How much income do I need to buy a home in Texas?

Texas median home price approximately $315,000. With 20% down $63,000: $252,000 mortgage at 7% = $1,676/month PI plus $450 taxes plus $150 insurance = $2,276/month PITI. 28% rule requires $98,000 annual income. With FHA 3.5% down: requires less upfront but adds PMI of $100-150/month.

Is the Texas Mortgage Calculator 2026 — Including TX Property Taxes really free to use?

Yes — every FreeFixo tool, including the Texas Mortgage Calculator 2026 — Including TX Property Taxes, is 100% free with no paywall, no premium tier, and no usage limits. You do not need to create an account, enter a credit card, or share an email.

How accurate is the Texas Mortgage Calculator 2026 — Including TX Property Taxes?

The Texas Mortgage Calculator 2026 — Including TX Property Taxes uses the same formulas, rates, and reference data that financial planners, professionals, and government sources publish. Results are estimates intended for planning and education — for situations involving large sums or legal consequences, confirm with a qualified professional before acting.

Do I need to create an account to use the Texas Mortgage Calculator 2026 — Including TX Property Taxes?

No signup is ever required. The Texas Mortgage Calculator 2026 — Including TX Property Taxes runs entirely in your browser — your inputs are never sent to a server, and we do not store, track, or share your data. Open it, get your answer, close the tab.