The typical owner-occupied home in Manvel is worth about $338,700, 19% above the Texas median of $283,800 and about the same as the national median of $332,700. Owners pay a median $8,764 a year in property taxes, about 2.59% of their home's value, higher than the Texas rate of 1.49%. The median household earns $118,808 a year, so the median home costs 2.9 times the median income (3.6 times for Texas). 81% of occupied homes here are lived in by their owners, and 84% of those owners still have a mortgage.
Manvel at a glance
| Manvel | Texas | U.S. | |
|---|---|---|---|
| Median home value | $338,700 | $283,800 | $332,700 |
| Median property tax paid per year | $8,764 | $4,232 | $3,119 |
| Property tax as a share of value | 2.59% | 1.49% | 0.94% |
| Median household income | $118,808 | $78,476 | $80,734 |
| Homes lived in by their owners | 81% | 63% | 65% |
| Owner homes with a mortgage | 84% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $2,788 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 25.6% | 21.7% | 21.0% |
| Median rent | $2,209 | $1,403 | $1,413 |
| Rent as a share of renters' income | 36.7% | 30.9% | 30.6% |
| Median year homes were built | 2012 | 1992 | 1980 |
| Vacant homes | 8.1% | 9.4% | 10.1% |
| Population | 14,758 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Manvel
At this week's average 30-year rate of 7.11%, buying the median Manvel home of $338,700 with 20% down costs about $2,695 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,259, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $115,497 for the 20%-down payment. That payment is 27% of the median Manvel household income of $118,808; at that income and 20% down, the 28% guideline points to a home of about $348,000.
The median rent here is $2,209 a month, so owning the median home costs about $486 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $67,740 |
|---|---|
| Loan amount | $270,960 |
| Principal and interest | $1,823 |
| Property taxes (2.59% a year) | $731 |
| Homeowners insurance (our estimate, 0.5% a year) | $141 |
| PMI | $0 |
| Total per month | $2,695 |
Change the numbers in the calculator
| Down payment | $11,854 |
|---|---|
| Loan amount | $332,565 |
| Principal and interest | $2,237 |
| Property taxes (2.59% a year) | $731 |
| Homeowners insurance (our estimate, 0.5% a year) | $141 |
| FHA mortgage insurance | $150 |
| Total per month | $3,259 |
Change the numbers in the calculator
Questions about home buying in Manvel
What is the median home value in Manvel?
About $338,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Manvel?
Homeowners pay a median $8,764 a year, which is about 2.59% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Manvel?
For the median home with 20% down at 7.11%, the payment is about $2,695 a month. Keeping that under 28% of gross income takes about $115,497 a year.
More about Manvel
- Mortgage Refinance in Manvel
- Debt Relief in Manvel
- Home Equity Loans in Manvel
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data