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Buying a home in Devine, Texas

The typical owner-occupied home in Devine is worth about $167,900, 41% below the Texas median of $283,800 and 50% below the national median of $332,700. Owners pay a median $2,130 a year in property taxes, about 1.27% of their home's value, lower than the Texas rate of 1.49%. The median household earns $38,207 a year, so the median home costs 4.4 times the median income (3.6 times for Texas). 69% of occupied homes here are lived in by their owners, and 35% of those owners still have a mortgage.

Devine at a glance

Devine Texas U.S.
Median home value $167,900 $283,800 $332,700
Median property tax paid per year $2,130 $4,232 $3,119
Property tax as a share of value 1.27% 1.49% 0.94%
Median household income $38,207 $78,476 $80,734
Homes lived in by their owners 69% 63% 65%
Owner homes with a mortgage 35% 56% 61%
Median monthly costs, owners with a mortgage $1,803 $2,106 $1,963
Those costs as a share of the owners' income 51.0% 21.7% 21.0%
Median rent $725 $1,403 $1,413
Rent as a share of renters' income 47.0% 30.9% 30.6%
Median year homes were built 1976 1992 1980
Vacant homes 0.0% 9.4% 10.1%
Population 4,476 30,188,424 334,922,499

What a typical home costs per month in Devine

At this week's average 30-year rate of 7.11%, buying the median Devine home of $167,900 with 20% down costs about $1,151 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,431, 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 $49,338 for the 20%-down payment. That payment is 36% of the median Devine household income of $38,207; at that income and 20% down, the 28% guideline points to a home of about $130,000.

The median rent here is $725 a month, so owning the median home costs about $426 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$33,580
Loan amount$134,320
Principal and interest$904
Property taxes (1.27% a year)$178
Homeowners insurance (our estimate, 0.5% a year)$70
PMI$0
Total per month$1,151

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3.5% down, 30-year FHA loan
Down payment$5,876
Loan amount$164,859
Principal and interest$1,109
Property taxes (1.27% a year)$178
Homeowners insurance (our estimate, 0.5% a year)$70
FHA mortgage insurance$74
Total per month$1,431

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Questions about home buying in Devine

What is the median home value in Devine?

About $167,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Devine?

Homeowners pay a median $2,130 a year, which is about 1.27% 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 Devine?

For the median home with 20% down at 7.11%, the payment is about $1,151 a month. Keeping that under 28% of gross income takes about $49,338 a year.

More about Devine

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