Texas Home Buying Guide
South Region · Non-Judicial Foreclosure State
Key Facts at a Glance
What Makes Texas Unique
No transfer tax and no state income tax
High property taxes offset no income tax
Homestead exemption includes $100K school district relief since 2023
First-Time Buyer Programs in Texas
TDHCA My First Texas Home
Contact your state housing finance agency for current eligibility and rates
TSAHC Home Sweet Texas
Contact your state housing finance agency for current eligibility and rates
TDHCA Mortgage Credit Certificate
Contact your state housing finance agency for current eligibility and rates
Program availability, income limits, and interest rates change frequently. Verify current terms with your lender or state housing finance agency.
Closing Costs in Texas
Attorney at Closing
Attorney Not Required
Texas does not require an attorney at closing. A title company typically handles the transaction. Consider hiring one anyway for complex deals.
Local Tips for Texas Buyers
High property taxes (1.68%) add $500–$700/month on median-priced home.
TSAHC Home Sweet Texas offers 3–5% DPA as grant or deferred loan.
Homestead must be filed by April 30 — provides meaningful tax savings.
Estimated Annual Ownership Cost in Texas
Based on the median home price of $340,000 with a 10% down payment and 7% mortgage rate.
Ready to Calculate Your Numbers?
Use our free calculators to estimate your monthly payment, affordability, and closing costs in Texas.