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Buying a home in Lingleville, Texas

The typical owner-occupied home in Lingleville is worth about $110,900, 61% below the Texas median of $283,800 and 67% below the national median of $332,700. Owners pay a median $2,309 a year in property taxes, about 2.08% of their home's value, higher than the Texas rate of 1.49%. The median household earns $91,143 a year, so the median home costs 1.2 times the median income (3.6 times for Texas). 82% of occupied homes here are lived in by their owners, and 69% of those owners still have a mortgage.

Lingleville at a glance

Lingleville Texas U.S.
Median home value $110,900 $283,800 $332,700
Median property tax paid per year $2,309 $4,232 $3,119
Property tax as a share of value 2.08% 1.49% 0.94%
Median household income $91,143 $78,476 $80,734
Homes lived in by their owners 82% 63% 65%
Owner homes with a mortgage 69% 56% 61%
Median monthly costs, owners with a mortgage $1,603 $2,106 $1,963
Those costs as a share of the owners' income 22.3% 21.7% 21.0%
Median rent – $1,403 $1,413
Median year homes were built 1993 1992 1980
Vacant homes 0.0% 9.4% 10.1%
Population 272 30,188,424 334,922,499

What a typical home costs per month in Lingleville

At this week's average 30-year rate of 7.11%, buying the median Lingleville home of $110,900 with 20% down costs about $835 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,020, 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 $35,797 for the 20%-down payment. That payment is 11% of the median Lingleville household income of $91,143; at that income and 20% down, the 28% guideline points to a home of about $282,000.

20% down, 30-year conventional loan
Down payment$22,180
Loan amount$88,720
Principal and interest$597
Property taxes (2.08% a year)$192
Homeowners insurance (our estimate, 0.5% a year)$46
PMI$0
Total per month$835

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3.5% down, 30-year FHA loan
Down payment$3,882
Loan amount$108,891
Principal and interest$733
Property taxes (2.08% a year)$192
Homeowners insurance (our estimate, 0.5% a year)$46
FHA mortgage insurance$49
Total per month$1,020

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Questions about home buying in Lingleville

What is the median home value in Lingleville?

About $110,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Lingleville?

Homeowners pay a median $2,309 a year, which is about 2.08% 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 Lingleville?

For the median home with 20% down at 7.11%, the payment is about $835 a month. Keeping that under 28% of gross income takes about $35,797 a year.

More about Lingleville

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