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Buying a home in Blessing, Texas

The typical owner-occupied home in Blessing is worth about $138,100, 51% below the Texas median of $283,800 and 58% below the national median of $332,700. Owners pay a median $728 a year in property taxes, about 0.53% of their home's value, lower than the Texas rate of 1.49%. The median household earns $51,313 a year, so the median home costs 2.7 times the median income (3.6 times for Texas). 100% of occupied homes here are lived in by their owners, and 60% of those owners still have a mortgage.

Blessing at a glance

Blessing Texas U.S.
Median home value $138,100 $283,800 $332,700
Median property tax paid per year $728 $4,232 $3,119
Property tax as a share of value 0.53% 1.49% 0.94%
Median household income $51,313 $78,476 $80,734
Homes lived in by their owners 100% 63% 65%
Owner homes with a mortgage 60% 56% 61%
Median monthly costs, owners with a mortgage – $2,106 $1,963
Median rent – $1,403 $1,413
Median year homes were built 1938 1992 1980
Vacant homes 15.2% 9.4% 10.1%
Population 418 30,188,424 334,922,499

What a typical home costs per month in Blessing

At this week's average 30-year rate of 7.11%, buying the median Blessing home of $138,100 with 20% down costs about $862 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,092, 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 $36,932 for the 20%-down payment. That payment is 20% of the median Blessing household income of $51,313; at that income and 20% down, the 28% guideline points to a home of about $192,000.

20% down, 30-year conventional loan
Down payment$27,620
Loan amount$110,480
Principal and interest$743
Property taxes (0.53% a year)$61
Homeowners insurance (our estimate, 0.5% a year)$58
PMI$0
Total per month$862

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3.5% down, 30-year FHA loan
Down payment$4,834
Loan amount$135,599
Principal and interest$912
Property taxes (0.53% a year)$61
Homeowners insurance (our estimate, 0.5% a year)$58
FHA mortgage insurance$61
Total per month$1,092

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Questions about home buying in Blessing

What is the median home value in Blessing?

About $138,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Blessing?

Homeowners pay a median $728 a year, which is about 0.53% 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 Blessing?

For the median home with 20% down at 7.11%, the payment is about $862 a month. Keeping that under 28% of gross income takes about $36,932 a year.

More about Blessing

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