Gaines County, Texas home prices
Typical home $240,166 · +2.4% in a year · property tax 1.57%
The typical home in Gaines County is worth $240,166, 19% less than the Texas typical home ($296,424). Values changed +2.4% in the past year and +11.8% over five years. Homeowners here pay a median 1.57% of their home's value in property tax each year ($3,760 on the typical home), versus 1.32% statewide.
Mortgage on the typical Gaines County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $48,033 | $192,133 | $1,292 | $0 | $433 | $1,726 | $74,000 |
| 10% down | $24,017 | $216,150 | $1,454 | $90 | $433 | $1,978 | $84,800 |
| 5% down | $12,008 | $228,158 | $1,535 | $95 | $433 | $2,063 | $88,400 |
| 3.5% down (FHA) | $8,406 | $235,816 | $1,586 | $106 | $433 | $2,126 | $91,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.57% 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.
Texas counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Bosque County | $240,511 | +0.7% | 0.98% |
| San Jacinto County | $239,361 | -3.4% | 0.99% |
| Archer County | $239,118 | +5.4% | 1.21% |
| Wharton County | $242,430 | +1.9% | 1.52% |
| Atascosa County | $242,697 | +0.6% | 1.29% |
| Upshur County | $235,784 | +1.2% | 1.19% |
| Comanche County | $235,551 | +6.1% | 1.35% |
| Armstrong County | $245,373 | +9.5% | 1.23% |
| Cherokee County | $233,774 | -1.0% | 1.16% |
| Liberty County | $233,304 | -3.2% | 1.17% |
Frequently asked questions
What is the average home price in Gaines County, TX?
The typical home value in Gaines County is $240,166 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Gaines County?
About $74,000 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Gaines County?
The median effective rate is 1.57% of home value a year (Census ACS 2024 5-year estimates).