Median home value

$112,500Median home value · Census

Property tax rate

1.07%Below state avg 1.49%Median bill $1,207/yr · Census

Median rent

$1,1882-bed $1,295Per month · Census

30-yr mortgage rate

7.24%Freddie Mac weekly average

What the numbers say

Real County, TX real estate at a glance

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

Homeowners in Real County pay a median of $1,207 a year in property taxes on a median home value of $112,500, an effective rate of about 1.07%. The Texas average is 1.49%, which makes Real County the #84 lowest-tax of 250 counties in the state with published tax data.

Renters pay a median of $1,188 a month, and $1,295 for a two-bedroom. At today's prices a typical home costs about 8 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 $113,000 home here comes to about $761 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $33,000 a year (the median household here earns $39,605).

Monthly payment on a typical home

$761/mo
  • Principal & interest$613
  • Property tax$101
  • Insurance (est.)$47

$113,000 home · 20% down · 7.24% 30-year fixed

Run your own numbers

Rents in Real County by bedrooms

2 bedrooms$1,2957% 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 Real 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 →

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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.