Stephenville, TX home prices
Typical home $338,609 · -0.2% in a year · income needed $98,300
The Stephenville, TX metro area ranks 244 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed -0.2% in a year and +24.7% over five years. With 20% down at 7.11%, the typical home costs about $2,294 a month including 1.07% property tax (Erath County rate).
Mortgage on the typical Stephenville home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $67,722 | $270,887 | $1,822 | $0 | $472 | $2,294 | $98,300 |
| 10% down | $33,861 | $304,748 | $2,050 | $127 | $472 | $2,649 | $113,500 |
| 5% down | $16,930 | $321,679 | $2,164 | $134 | $472 | $2,770 | $118,700 |
| 3.5% down (FHA) | $11,851 | $332,476 | $2,237 | $150 | $472 | $2,858 | $122,500 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.07% 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 Stephenville area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Erath County, TX | $338,569 | -0.2% | 1.07% |
What can you afford in Texas on your salary? · Texas home prices · Salaries in Texas
Frequently asked questions
How much is a house in Stephenville?
The typical home in the Stephenville, TX metro area is worth $338,609 (Zillow, September 2026).
What salary do you need to buy a house in Stephenville?
About $98,300 a year for the typical home with 20% down at 7.11%.