The typical owner-occupied home in Van Alstyne is worth about $342,700, 21% above the Texas median of $283,800 and 3% above the national median of $332,700. Owners pay a median $5,594 a year in property taxes, about 1.63% of their home's value, higher than the Texas rate of 1.49%. The median household earns $102,469 a year, so the median home costs 3.3 times the median income (3.6 times for Texas). 75% of occupied homes here are lived in by their owners, and 68% of those owners still have a mortgage.
Van Alstyne at a glance
| Van Alstyne | Texas | U.S. | |
|---|---|---|---|
| Median home value | $342,700 | $283,800 | $332,700 |
| Median property tax paid per year | $5,594 | $4,232 | $3,119 |
| Property tax as a share of value | 1.63% | 1.49% | 0.94% |
| Median household income | $102,469 | $78,476 | $80,734 |
| Homes lived in by their owners | 75% | 63% | 65% |
| Owner homes with a mortgage | 68% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $2,335 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 21.3% | 21.7% | 21.0% |
| Median rent | $1,345 | $1,403 | $1,413 |
| Rent as a share of renters' income | 28.2% | 30.9% | 30.6% |
| Median year homes were built | 2005 | 1992 | 1980 |
| Vacant homes | 13.1% | 9.4% | 10.1% |
| Population | 5,952 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Van Alstyne
At this week's average 30-year rate of 7.11%, buying the median Van Alstyne home of $342,700 with 20% down costs about $2,453 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,023, 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 $105,111 for the 20%-down payment. That payment is 29% of the median Van Alstyne household income of $102,469; at that income and 20% down, the 28% guideline points to a home of about $334,000.
The median rent here is $1,345 a month, so owning the median home costs about $1,108 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $68,540 |
|---|---|
| Loan amount | $274,160 |
| Principal and interest | $1,844 |
| Property taxes (1.63% a year) | $466 |
| Homeowners insurance (our estimate, 0.5% a year) | $143 |
| PMI | $0 |
| Total per month | $2,453 |
Change the numbers in the calculator
| Down payment | $11,994 |
|---|---|
| Loan amount | $336,493 |
| Principal and interest | $2,264 |
| Property taxes (1.63% a year) | $466 |
| Homeowners insurance (our estimate, 0.5% a year) | $143 |
| FHA mortgage insurance | $152 |
| Total per month | $3,023 |
Change the numbers in the calculator
Questions about home buying in Van Alstyne
What is the median home value in Van Alstyne?
About $342,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Van Alstyne?
Homeowners pay a median $5,594 a year, which is about 1.63% 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 Van Alstyne?
For the median home with 20% down at 7.11%, the payment is about $2,453 a month. Keeping that under 28% of gross income takes about $105,111 a year.
More about Van Alstyne
- Mortgage Refinance in Van Alstyne
- Debt Relief in Van Alstyne
- Home Equity Loans in Van Alstyne
- 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