Erath County, Texas home prices
Typical home $338,569 · -0.2% in a year · property tax 1.07%
The typical home in Erath County is worth $338,569, 14% more than the Texas typical home ($296,424). Values changed -0.2% in the past year and +24.6% over five years. Homeowners here pay a median 1.07% of their home's value in property tax each year ($3,632 on the typical home), versus 1.32% statewide.
Mortgage on the typical Erath County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $67,714 | $270,855 | $1,822 | $0 | $472 | $2,294 | $98,300 |
| 10% down | $33,857 | $304,712 | $2,050 | $127 | $472 | $2,649 | $113,500 |
| 5% down | $16,928 | $321,641 | $2,164 | $134 | $472 | $2,770 | $118,700 |
| 3.5% down (FHA) | $11,850 | $332,437 | $2,236 | $150 | $472 | $2,858 | $122,500 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.07% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Texas · part of the Stephenville metro area.
Texas counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Montgomery County | $340,504 | -1.4% | 1.52% |
| Johnson County | $336,224 | -1.1% | 1.24% |
| Mason County | $344,398 | -0.5% | 0.84% |
| Kimble County | $344,722 | +5.6% | 1.27% |
| Midland County | $329,884 | +1.7% | 1.23% |
| Chambers County | $348,474 | +0.4% | 1.05% |
| Bandera County | $328,128 | -2.5% | 0.88% |
| Grimes County | $350,588 | -1.8% | 1.02% |
| Bastrop County | $351,578 | -4.6% | 1.41% |
| Lee County | $351,670 | -0.0% | 0.96% |
Frequently asked questions
What is the average home price in Erath County, TX?
The typical home value in Erath County is $338,569 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Erath County?
About $98,300 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Erath County?
The median effective rate is 1.07% of home value a year (Census ACS 2024 5-year estimates).