Lamesa, TX home prices
Typical home $111,742 · +5.9% in a year · income needed $34,600
The Lamesa, TX metro area ranks 875 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +5.9% in a year and -8.2% over five years. With 20% down at 7.11%, the typical home costs about $808 a month including 1.62% property tax (Dawson County rate).
Mortgage on the typical Lamesa home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $22,348 | $89,394 | $601 | $0 | $207 | $808 | $34,600 |
| 10% down | $11,174 | $100,568 | $677 | $42 | $207 | $925 | $39,700 |
| 5% down | $5,587 | $106,155 | $714 | $44 | $207 | $965 | $41,400 |
| 3.5% down (FHA) | $3,911 | $109,719 | $738 | $49 | $207 | $994 | $42,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.62% 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.
Counties in the Lamesa area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Dawson County, TX | $111,742 | +6.0% | 1.62% |
What can you afford in Texas on your salary? · Texas home prices · Salaries in Texas
Frequently asked questions
How much is a house in Lamesa?
The typical home in the Lamesa, TX metro area is worth $111,742 (Zillow, September 2026).
What salary do you need to buy a house in Lamesa?
About $34,600 a year for the typical home with 20% down at 7.11%.