The typical owner-occupied home in Horseshoe Bay is worth about $549,800, 94% above the Texas median of $283,800 and 65% above the national median of $332,700. Owners pay a median $4,996 a year in property taxes, about 0.91% of their home's value, lower than the Texas rate of 1.49%. The median household earns $96,794 a year, so the median home costs 5.7 times the median income (3.6 times for Texas). 81% of occupied homes here are lived in by their owners, and 47% of those owners still have a mortgage.
Horseshoe Bay at a glance
| Horseshoe Bay | Texas | U.S. | |
|---|---|---|---|
| Median home value | $549,800 | $283,800 | $332,700 |
| Median property tax paid per year | $4,996 | $4,232 | $3,119 |
| Property tax as a share of value | 0.91% | 1.49% | 0.94% |
| Median household income | $96,794 | $78,476 | $80,734 |
| Homes lived in by their owners | 81% | 63% | 65% |
| Owner homes with a mortgage | 47% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $2,342 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 26.9% | 21.7% | 21.0% |
| Median rent | $1,536 | $1,403 | $1,413 |
| Rent as a share of renters' income | 35.2% | 30.9% | 30.6% |
| Median year homes were built | 1995 | 1992 | 1980 |
| Vacant homes | 34.4% | 9.4% | 10.1% |
| Population | 4,854 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Horseshoe Bay
At this week's average 30-year rate of 7.11%, buying the median Horseshoe Bay home of $549,800 with 20% down costs about $3,605 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,521, 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 $154,494 for the 20%-down payment. That payment is 45% of the median Horseshoe Bay household income of $96,794; at that income and 20% down, the 28% guideline points to a home of about $344,000.
The median rent here is $1,536 a month, so owning the median home costs about $2,069 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $109,960 |
|---|---|
| Loan amount | $439,840 |
| Principal and interest | $2,959 |
| Property taxes (0.91% a year) | $417 |
| Homeowners insurance (our estimate, 0.5% a year) | $229 |
| PMI | $0 |
| Total per month | $3,605 |
Change the numbers in the calculator
| Down payment | $19,243 |
|---|---|
| Loan amount | $539,842 |
| Principal and interest | $3,632 |
| Property taxes (0.91% a year) | $417 |
| Homeowners insurance (our estimate, 0.5% a year) | $229 |
| FHA mortgage insurance | $243 |
| Total per month | $4,521 |
Change the numbers in the calculator
Questions about home buying in Horseshoe Bay
What is the median home value in Horseshoe Bay?
About $549,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Horseshoe Bay?
Homeowners pay a median $4,996 a year, which is about 0.91% 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 Horseshoe Bay?
For the median home with 20% down at 7.11%, the payment is about $3,605 a month. Keeping that under 28% of gross income takes about $154,494 a year.
More about Horseshoe Bay
- Mortgage Refinance in Horseshoe Bay
- Debt Relief in Horseshoe Bay
- Home Equity Loans in Horseshoe Bay
- 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