Gillespie County, Texas home prices
Typical home $504,348 · -3.1% in a year · property tax 0.98%
The typical home in Gillespie County is worth $504,348, 70% more than the Texas typical home ($296,424). Values changed -3.1% in the past year and +4.5% over five years. Homeowners here pay a median 0.98% of their home's value in property tax each year ($4,922 on the typical home), versus 1.32% statewide.
Mortgage on the typical Gillespie County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $100,870 | $403,478 | $2,714 | $0 | $662 | $3,377 | $144,700 |
| 10% down | $50,435 | $453,913 | $3,054 | $189 | $662 | $3,905 | $167,400 |
| 5% down | $25,217 | $479,131 | $3,223 | $200 | $662 | $4,085 | $175,100 |
| 3.5% down (FHA) | $17,652 | $495,213 | $3,331 | $223 | $662 | $4,217 | $180,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.98% 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 Fredericksburg metro area.
Texas counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Collin County | $477,505 | -4.7% | 1.58% |
| Travis County | $461,123 | -3.6% | 1.48% |
| Llano County | $446,002 | -4.1% | 0.75% |
| Parker County | $443,613 | -0.1% | 1.4% |
| Blanco County | $567,417 | -4.0% | 0.93% |
| Fayette County | $437,101 | -3.6% | 0.89% |
| Denton County | $432,421 | -2.9% | 1.61% |
| Comal County | $431,172 | -1.0% | 1.13% |
| Kendall County | $587,336 | -0.8% | 1.1% |
| Austin County | $420,802 | +0.2% | 1.16% |
Frequently asked questions
What is the average home price in Gillespie County, TX?
The typical home value in Gillespie County is $504,348 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Gillespie County?
About $144,700 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Gillespie County?
The median effective rate is 0.98% of home value a year (Census ACS 2024 5-year estimates).