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Buying a home in Pattison, Texas

The typical owner-occupied home in Pattison is worth about $504,400, 78% above the Texas median of $283,800 and 52% above the national median of $332,700. Owners pay a median $7,679 a year in property taxes, about 1.52% of their home's value, close to the Texas rate of 1.49%. The median household earns $99,659 a year, so the median home costs 5.1 times the median income (3.6 times for Texas). 89% of occupied homes here are lived in by their owners, and 53% of those owners still have a mortgage.

Pattison at a glance

Pattison Texas U.S.
Median home value $504,400 $283,800 $332,700
Median property tax paid per year $7,679 $4,232 $3,119
Property tax as a share of value 1.52% 1.49% 0.94%
Median household income $99,659 $78,476 $80,734
Homes lived in by their owners 89% 63% 65%
Owner homes with a mortgage 53% 56% 61%
Median monthly costs, owners with a mortgage $2,517 $2,106 $1,963
Those costs as a share of the owners' income 16.7% 21.7% 21.0%
Median rent – $1,403 $1,413
Median year homes were built 2000 1992 1980
Vacant homes 7.2% 9.4% 10.1%
Population 706 30,188,424 334,922,499

What a typical home costs per month in Pattison

At this week's average 30-year rate of 7.11%, buying the median Pattison home of $504,400 with 20% down costs about $3,564 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,404, 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 $152,724 for the 20%-down payment. That payment is 43% of the median Pattison household income of $99,659; at that income and 20% down, the 28% guideline points to a home of about $329,000.

20% down, 30-year conventional loan
Down payment$100,880
Loan amount$403,520
Principal and interest$2,714
Property taxes (1.52% a year)$639
Homeowners insurance (our estimate, 0.5% a year)$210
PMI$0
Total per month$3,564

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3.5% down, 30-year FHA loan
Down payment$17,654
Loan amount$495,264
Principal and interest$3,332
Property taxes (1.52% a year)$639
Homeowners insurance (our estimate, 0.5% a year)$210
FHA mortgage insurance$223
Total per month$4,404

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Questions about home buying in Pattison

What is the median home value in Pattison?

About $504,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Pattison?

Homeowners pay a median $7,679 a year, which is about 1.52% 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 Pattison?

For the median home with 20% down at 7.11%, the payment is about $3,564 a month. Keeping that under 28% of gross income takes about $152,724 a year.

More about Pattison

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