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Buying a home in Annona, Texas

The typical owner-occupied home in Annona is worth about $67,300, 76% below the Texas median of $283,800 and 80% below the national median of $332,700. Owners pay a median $893 a year in property taxes, about 1.33% of their home's value, lower than the Texas rate of 1.49%. The median household earns $55,500 a year, so the median home costs 1.2 times the median income (3.6 times for Texas). 81% of occupied homes here are lived in by their owners, and 34% of those owners still have a mortgage.

Annona at a glance

Annona Texas U.S.
Median home value $67,300 $283,800 $332,700
Median property tax paid per year $893 $4,232 $3,119
Property tax as a share of value 1.33% 1.49% 0.94%
Median household income $55,500 $78,476 $80,734
Homes lived in by their owners 81% 63% 65%
Owner homes with a mortgage 34% 56% 61%
Median monthly costs, owners with a mortgage $1,304 $2,106 $1,963
Those costs as a share of the owners' income 20.9% 21.7% 21.0%
Median rent $830 $1,403 $1,413
Median year homes were built 1985 1992 1980
Vacant homes 31.5% 9.4% 10.1%
Population 313 30,188,424 334,922,499

What a typical home costs per month in Annona

At this week's average 30-year rate of 7.11%, buying the median Annona home of $67,300 with 20% down costs about $465 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $577, 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 $19,921 for the 20%-down payment. That payment is 10% of the median Annona household income of $55,500; at that income and 20% down, the 28% guideline points to a home of about $188,000.

The median rent here is $830 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$13,460
Loan amount$53,840
Principal and interest$362
Property taxes (1.33% a year)$75
Homeowners insurance (our estimate, 0.5% a year)$28
PMI$0
Total per month$465

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3.5% down, 30-year FHA loan
Down payment$2,356
Loan amount$66,081
Principal and interest$445
Property taxes (1.33% a year)$75
Homeowners insurance (our estimate, 0.5% a year)$28
FHA mortgage insurance$30
Total per month$577

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Questions about home buying in Annona

What is the median home value in Annona?

About $67,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Annona?

Homeowners pay a median $893 a year, which is about 1.33% 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 Annona?

For the median home with 20% down at 7.11%, the payment is about $465 a month. Keeping that under 28% of gross income takes about $19,921 a year.

More about Annona

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