The typical owner-occupied home in Cross Plains is worth about $79,500, 72% below the Texas median of $283,800 and 76% below the national median of $332,700. Owners pay a median $744 a year in property taxes, about 0.94% of their home's value, lower than the Texas rate of 1.49%. The median household earns $47,292 a year, so the median home costs 1.7 times the median income (3.6 times for Texas). 63% of occupied homes here are lived in by their owners, and 35% of those owners still have a mortgage.
Cross Plains at a glance
| Cross Plains | Texas | U.S. | |
|---|---|---|---|
| Median home value | $79,500 | $283,800 | $332,700 |
| Median property tax paid per year | $744 | $4,232 | $3,119 |
| Property tax as a share of value | 0.94% | 1.49% | 0.94% |
| Median household income | $47,292 | $78,476 | $80,734 |
| Homes lived in by their owners | 63% | 63% | 65% |
| Owner homes with a mortgage | 35% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,319 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 17.3% | 21.7% | 21.0% |
| Median rent | $720 | $1,403 | $1,413 |
| Rent as a share of renters' income | 25.6% | 30.9% | 30.6% |
| Median year homes were built | 1966 | 1992 | 1980 |
| Vacant homes | 27.2% | 9.4% | 10.1% |
| Population | 1,019 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Cross Plains
At this week's average 30-year rate of 7.11%, buying the median Cross Plains home of $79,500 with 20% down costs about $523 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $656, 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 $22,425 for the 20%-down payment. That payment is 13% of the median Cross Plains household income of $47,292; at that income and 20% down, the 28% guideline points to a home of about $168,000.
The median rent here is $720 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $15,900 |
|---|---|
| Loan amount | $63,600 |
| Principal and interest | $428 |
| Property taxes (0.94% a year) | $62 |
| Homeowners insurance (our estimate, 0.5% a year) | $33 |
| PMI | $0 |
| Total per month | $523 |
Change the numbers in the calculator
| Down payment | $2,782 |
|---|---|
| Loan amount | $78,060 |
| Principal and interest | $525 |
| Property taxes (0.94% a year) | $62 |
| Homeowners insurance (our estimate, 0.5% a year) | $33 |
| FHA mortgage insurance | $35 |
| Total per month | $656 |
Change the numbers in the calculator
Questions about home buying in Cross Plains
What is the median home value in Cross Plains?
About $79,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Cross Plains?
Homeowners pay a median $744 a year, which is about 0.94% 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 Cross Plains?
For the median home with 20% down at 7.11%, the payment is about $523 a month. Keeping that under 28% of gross income takes about $22,425 a year.
More about Cross Plains
- Mortgage Refinance in Cross Plains
- Debt Relief in Cross Plains
- Home Equity Loans in Cross Plains
- 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