Compare Austin County, 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 Austin County.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Austin County. Plus, shopping lenders is free and there is no obligation.
January 22, 2022
Below we provide helpful information on the real estate market, home prices and housing affordability in Austin County. Understand how much you need to earn to afford a home in Austin County, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Austin County 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 Austin County is right for you.
The median home value for Austin County, TX (Austin County County) is $517,364
Based on current mortgage rates and a 10% down payment, you need to make $84,768 per year to buy the median priced home in Austin County
With this income, you could qualify for a $465,628 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 Austin County is $1,963
The median household income for Austin County, TX (Austin County County) is $87,254
Based on this income, you can afford a home valued at approximately $532,540
The home price you can afford to buy based on household income in Austin County is 103% of the median home value which means housing prices are average. Austin County (Austin County County) ranks 254 out of 254 counties in Texas and 3,002 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Austin County, TX is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Austin County (Austin County County) below.
Conforming loan limits for Austin County, TX
FHA loan limits for Austin County, TX
VA loan limits for Austin County, TX