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Buying a home in Asherton, Texas

The typical owner-occupied home in Asherton is worth about $82,400, 71% below the Texas median of $283,800 and 75% below the national median of $332,700. Owners pay a median $712 a year in property taxes, about 0.86% of their home's value, lower than the Texas rate of 1.49%. The median household earns $24,208 a year, so the median home costs 3.4 times the median income (3.6 times for Texas). 72% of occupied homes here are lived in by their owners, and 8% of those owners still have a mortgage.

Asherton at a glance

Asherton Texas U.S.
Median home value $82,400 $283,800 $332,700
Median property tax paid per year $712 $4,232 $3,119
Property tax as a share of value 0.86% 1.49% 0.94%
Median household income $24,208 $78,476 $80,734
Homes lived in by their owners 72% 63% 65%
Owner homes with a mortgage 8% 56% 61%
Median monthly costs, owners with a mortgage – $2,106 $1,963
Median rent – $1,403 $1,413
Rent as a share of renters' income 36.1% 30.9% 30.6%
Median year homes were built 1983 1992 1980
Vacant homes 32.6% 9.4% 10.1%
Population 543 30,188,424 334,922,499

What a typical home costs per month in Asherton

At this week's average 30-year rate of 7.11%, buying the median Asherton home of $82,400 with 20% down costs about $537 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $674, 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 $23,007 for the 20%-down payment. That payment is 27% of the median Asherton household income of $24,208; at that income and 20% down, the 28% guideline points to a home of about $87,000.

20% down, 30-year conventional loan
Down payment$16,480
Loan amount$65,920
Principal and interest$443
Property taxes (0.86% a year)$59
Homeowners insurance (our estimate, 0.5% a year)$34
PMI$0
Total per month$537

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3.5% down, 30-year FHA loan
Down payment$2,884
Loan amount$80,908
Principal and interest$544
Property taxes (0.86% a year)$59
Homeowners insurance (our estimate, 0.5% a year)$34
FHA mortgage insurance$36
Total per month$674

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Questions about home buying in Asherton

What is the median home value in Asherton?

About $82,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Asherton?

Homeowners pay a median $712 a year, which is about 0.86% 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 Asherton?

For the median home with 20% down at 7.11%, the payment is about $537 a month. Keeping that under 28% of gross income takes about $23,007 a year.

More about Asherton

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