Hemphill County, Texas home prices
Typical home $171,727 · +11.7% in a year · property tax 1.16%
The typical home in Hemphill County is worth $171,727, 42% less than the Texas typical home ($296,424). Values changed +11.7% in the past year and -4.4% over five years. Homeowners here pay a median 1.16% of their home's value in property tax each year ($1,995 on the typical home), versus 1.32% statewide.
Mortgage on the typical Hemphill County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $34,345 | $137,382 | $924 | $0 | $252 | $1,176 | $50,400 |
| 10% down | $17,173 | $154,554 | $1,040 | $64 | $252 | $1,356 | $58,100 |
| 5% down | $8,586 | $163,141 | $1,097 | $68 | $252 | $1,418 | $60,800 |
| 3.5% down (FHA) | $6,010 | $168,617 | $1,134 | $76 | $252 | $1,462 | $62,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.16% 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 |
|---|---|---|---|
| Deaf Smith County | $172,414 | -1.8% | 1.48% |
| Tyler County | $172,727 | +2.4% | 0.89% |
| Red River County | $170,667 | +10.4% | 1.01% |
| Willacy County | $173,352 | -3.2% | 1.68% |
| Parmer County | $173,393 | +10.7% | 1.28% |
| Wichita County | $169,452 | +2.1% | 1.64% |
| Trinity County | $169,177 | -5.5% | 1.06% |
| Limestone County | $174,480 | -2.1% | 1.19% |
| Polk County | $174,922 | -4.6% | 0.9% |
| San Augustine County | $167,865 | -1.8% | 0.68% |
Frequently asked questions
What is the average home price in Hemphill County, TX?
The typical home value in Hemphill County is $171,727 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Hemphill County?
About $50,400 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Hemphill County?
The median effective rate is 1.16% of home value a year (Census ACS 2024 5-year estimates).