Median home value

$146,700Median home value · Census

Property tax rate

1.28%Below state avg 1.49%Median bill $1,872/yr · Census

Median rent

$1,0812-bed $1,124Per month · Census

30-yr mortgage rate

7.24%Freddie Mac weekly average

What the numbers say

Parmer County, TX real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

Homeowners in Parmer County pay a median of $1,872 a year in property taxes on a median home value of $146,700, an effective rate of about 1.28%. The Texas average is 1.49%, which makes Parmer County the #157 lowest-tax of 250 counties in the state with published tax data.

Renters pay a median of $1,081 a month, and $1,124 for a two-bedroom. At today's prices a typical home costs about 11 times a year's rent, which generally favors buying.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $147,000 home here comes to about $1,017 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $44,000 a year (the median household here earns $69,735).

Monthly payment on a typical home

$1,017/mo
  • Principal & interest$800
  • Property tax$156
  • Insurance (est.)$61

$147,000 home · 20% down · 7.24% 30-year fixed

Run your own numbers

Rents in Parmer County by bedrooms

Studio$79634% below state
1 bedroom$43465% below state
2 bedrooms$1,12419% below state
3 bedrooms$1,00239% below state

Median gross rent (rent plus utilities), US Census American Community Survey 2024 5-year estimates.

Selling here?See what you'd walk away with after commissions and closing costs.Seller net sheet → Buying here?Monthly payment with Parmer County's real property tax rate.Mortgage calculator → Agent here?Find out how many listing appointments you need to hit your income goal.Agent income calculator →

Other Texas counties

All Texas counties compared →

Real estate agent in Parmer County?

We find motivated homeowners, qualify them, and book the call onto your calendar.

Book a discovery call

Sources: Realtor.com housing inventory (monthly) and Freddie Mac Primary Mortgage Market Survey (weekly), via FRED, Federal Reserve Bank of St. Louis; US Census Bureau American Community Survey 5-year estimates (property taxes, home values, rents, income). Insurance is an estimate. Medians for the whole county; individual homes vary. For information only.