Licensed & lending in TEXAS

Texas is a buyer's market — with fine print.

For the first time since before the pandemic, inventory, days on market, and seller concessions all favor Texas buyers. But it comes with a tax-and-insurance math problem — no income tax, high property tax, homestead-exemption timing, and the priciest homeowners insurance in the country — that most buyers don't see coming. We win by running your REAL all-in monthly payment up front, per metro, not a generic pre-approval number that blows up at closing.

The market, honestly

Texas in 2026 — genuinely a buyer's market

Texas is in a real buyer's market for the first time in years. The statewide median is about $342,000, down slightly year over year, with 5–10 months of supply — roughly double the tight 2021–22 levels — and a median 82 days on market. Sellers are cutting around $12,500 on average. Houston is the only major metro with positive year-over-year price growth; Austin has the steepest correction; San Antonio shows the strongest sales momentum. Rates aren't falling fast, but the deal leverage is here now.

~$342K
statewide median sale price (2026)
$140,000
2026 school-district homestead exemption
~$3,900/yr
avg TX home insurance — highest in the U.S.

Where we spend the most time

Texas, market by market.

Texas is really four big, distinct markets. Here's where we focus, and the local detail we make sure every buyer hears.

Dallas–Fort Worth

The highest closed-sales volume of any Texas metro per recent Texas REALTORS data, and #1 nationally for corporate HQ relocations — a steady pipeline of both relo and organic move-up buyers across a sprawling, multi-county metroplex.

Median price
~$375,000, posting the sharpest year-over-year price dip of the majors
Who's buying
Corporate relocators in finance, logistics, and insurance; move-up families; first-timers pushed to outer-ring suburbs like Frisco, Prosper, and Mansfield; build-to-rent investors.
The local thing to knowThe metroplex is genuinely two markets (Dallas vs. Fort Worth) plus a wide affordable exurb ring, so commute-vs-budget fit really matters. North Texas also has heavy hail and wind exposure — a 2% wind/hail deductible is now standard, meaning roughly $8,000 out of pocket on a $400K home. We factor that into your real payment.

Houston

The second-highest volume statewide per recent Texas REALTORS data, the most affordable of the big four, and the only major metro posting positive year-over-year price growth — a genuine stability story, anchored by energy and the world's largest medical complex.

Median price
~$324,200 — the most affordable of the four major metros
Who's buying
Energy-sector professionals and engineers, Texas Medical Center healthcare workers, first-timers priced out of Austin/Dallas, a growing self-employed base, and investors.
The local thing to knowFlood risk and flood insurance are a real, post-Harvey underwriting conversation here that other Texas metros don't need as urgently — and flood isn't covered by a standard homeowners policy anywhere in Texas. With no citywide zoning, commute-to-employer geography drives neighborhood choice. We flag flood-zone exposure before you lock.

Austin–Round Rock

Smaller in raw volume than DFW or Houston, but the strongest tech-driven demand and highest price point in Texas — the RSU, equity-comp, and self-employed-founder deal flow that fits our complex-income specialty. It also has the steepest 2026 correction, meaning real negotiating room after the frenzy.

Median price
~$430K–$445K, down ~16% from the 2022 peak
Who's buying
Tech relocators and equity-comp buyers (Tesla, Samsung, Apple, Dell, Oracle), self-employed founders and 1099 contractors, and first-timers squeezed out to Pflugerville, Georgetown, and Kyle.
The local thing to knowBuyers coming from California need the 'no income tax but property tax + insurance' math walked through explicitly — the sticker shock is real. RSU and equity-comp income documentation is a frequent underwriting wrinkle we handle routinely, and Williamson vs. Travis County geography shapes the neighborhood short list.

San Antonio–New Braunfels

Fourth by volume but with the strongest year-over-year sales momentum of the four metros per recent Texas REALTORS data, the most affordable major market, and a uniquely dense military/VA base at Joint Base San Antonio — a strong fit for our education-first work with first-time and VA buyers.

Median price
~$295K–$310K
Who's buying
Military and VA buyers on PCS orders to JBSA (Lackland, Fort Sam Houston, Randolph), first-timers priced out of Austin via the New Braunfels/San Marcos corridor, and retirees drawn to the lower cost of living.
The local thing to know2026 JBSA BAH combined with VA financing comfortably supports homes in the ~$280K–$550K range — a direct BAH-to-purchasing-power conversation we're ready to have. The market has shifted from bidding wars to genuinely balanced, so military buyers can negotiate concessions, and VA assumable loans are a live local topic.

Down-payment & assistance

Programs worth checking your fit for.

Texas has strong stackable assistance through TDHCA and TSAHC — and several programs don't require first-time-buyer status. We confirm your fit against current county limits and availability, never promise eligibility.

Texas State Affordable Housing Corporation (TSAHC)

TSAHC Home Sweet Texas / Homes for Texas Heroes

A 30-year fixed mortgage with 3–5% down-payment assistance as a grant or a forgivable second — Home Sweet Texas is open to any qualifying Texan (income-based), while Homes for Texas Heroes targets teachers, first responders, healthcare workers, and veterans. Neither requires first-time-buyer status.

Texas Department of Housing and Community Affairs (TDHCA)

TDHCA My First / My Choice Texas Home + MCC

A 30-year fixed first mortgage bundled with up to 5% down-payment assistance (My First is first-time; My Choice is open to repeat buyers), and it stacks with the Texas Mortgage Credit Certificate — a federal tax credit on a share of your annual mortgage interest.

Every program above is subject to qualification and current availability — limits, funding, and windows change constantly. We never promise eligibility; we check your fit against what's actually open the week you apply.

True-payment math

The math nobody warns you about

Texas's no-income-tax headline hides two things that quietly reshape your real payment — and we'd rather show you now than let closing do it.

Property tax: the revenue gap is filled by property tax, and Texas ranks 7th-highest in the nation. The 2026 school-district homestead exemption rose to $140,000 (with an extra $60,000 for 65+ or disabled) — but it is NOT automatic and does NOT lower your purchase-time escrow estimate. You file a free application with your county after closing, and your early payments are escrowed against the higher pre-exemption amount until it catches up. It's a recurring buyer-shock we address in pre-approval.

Insurance: Texas homeowners insurance averages ~$3,900/yr — the highest in the country, nearly double the national average. Hail and wind dominate claims, and a 2% wind/hail deductible is standard in North Texas. Gulf-Coast-adjacent buyers increasingly rely on TWIA for wind coverage, and Houston-area buyers should budget flood insurance separately. We quote wind/hail-appropriate insurance up front so your all-in number is real.

Straight answers

Texas questions we get a lot.

If Texas has no income tax, why do people say it's expensive to own here?

Because the money comes back as property tax (7th-highest in the U.S.) and the country's priciest homeowners insurance. The all-in monthly payment is the number that matters, and we build it — post-homestead-exemption timing and wind/hail insurance included — before you write an offer.

What's the deal with the homestead exemption I keep hearing about?

The 2026 school-district exemption is $140,000, but it isn't automatic — you file a free application with your county appraisal district after closing, and until it posts, your escrow is calculated on the higher pre-exemption tax bill. We tell you this on day one so it's planned for, not a surprise.

I'm PCS-ing to Joint Base San Antonio. How far does my BAH go?

In 2026, JBSA BAH plus VA financing comfortably supports homes in the roughly $280K–$550K range, and San Antonio has shifted to a balanced market where you can negotiate concessions. We run your specific BAH-to-purchasing-power math and time the close to your orders.

Is it really a good time to buy in Texas?

For a buyer, this is the most leverage since before the pandemic — more inventory, longer days on market, and real seller price cuts. Rates aren't dropping fast, but the negotiating room is here now. We'll tell you honestly how each metro is behaving.

Three doors, pick any

Ready to run your real Texas number?

Two minutes of questions, zero commitment, no credit pull — or skip straight to the application, or just text us like a person. Tell us the metro, and we'll run your real Texas payment with the tax and insurance fine print built in.

Licensed in Texas under C2 Financial Corp NMLS 135622.