Hockley County, Texas home prices
Typical home $165,559 · +1.3% in a year · property tax 1.39%
The typical home in Hockley County is worth $165,559, 44% less than the Texas typical home ($296,424). Values changed +1.3% in the past year and +2.3% over five years. Homeowners here pay a median 1.39% of their home's value in property tax each year ($2,294 on the typical home), versus 1.32% statewide.
Mortgage on the typical Hockley County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $33,112 | $132,447 | $891 | $0 | $274 | $1,165 | $49,900 |
| 10% down | $16,556 | $149,003 | $1,002 | $62 | $274 | $1,338 | $57,400 |
| 5% down | $8,278 | $157,281 | $1,058 | $66 | $274 | $1,398 | $59,900 |
| 3.5% down (FHA) | $5,795 | $162,561 | $1,094 | $73 | $274 | $1,441 | $61,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.39% 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 Levelland metro area.
Texas counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Frio County | $166,174 | +1.4% | 1.55% |
| Sherman County | $164,797 | +6.6% | 1.72% |
| Carson County | $166,359 | +4.9% | 1.19% |
| San Augustine County | $167,865 | -1.8% | 0.68% |
| Trinity County | $169,177 | -5.5% | 1.06% |
| Cass County | $161,748 | -0.9% | 0.94% |
| Wichita County | $169,452 | +2.1% | 1.64% |
| Shackelford County | $161,294 | +1.4% | 1.15% |
| McCulloch County | $161,246 | +8.0% | 0.99% |
| Briscoe County | $161,037 | +12.9% | 1.09% |
Frequently asked questions
What is the average home price in Hockley County, TX?
The typical home value in Hockley County is $165,559 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Hockley County?
About $49,900 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Hockley County?
The median effective rate is 1.39% of home value a year (Census ACS 2024 5-year estimates).