Compare Waxahachie, TX mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Waxahachie.
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August 2, 2025
Below we provide helpful information on the real estate market, home prices and housing affordability in Waxahachie. Understand how much you need to earn to afford a home in Waxahachie, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Waxahachie fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Waxahachie is right for you.
The median home value for Waxahachie, TX (Ellis County) is $318,866
Based on current mortgage rates and a 10% down payment, you need to make $66,521 per year to buy the median priced home in Waxahachie
With this income, you could qualify for a $286,979 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Waxahachie is $1,541
The median household income for Waxahachie, TX (Ellis County) is $91,110
Based on this income, you can afford a home valued at approximately $436,735
The home price you can afford to buy based on household income in Waxahachie is 137% of the median home value which means housing prices are average. Waxahachie (Ellis County) ranks 210 out of 254 counties in Texas and 2,188 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Waxahachie, TX is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Waxahachie (Ellis County) below.
Conforming loan limits for Waxahachie, TX
FHA loan limits for Waxahachie, TX