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Buying a home in Lasara, Texas

The typical owner-occupied home in Lasara is worth about $57,700, 80% below the Texas median of $283,800 and 83% below the national median of $332,700. Owners pay a median $1,802 a year in property taxes, about 3.12% of their home's value, higher than the Texas rate of 1.49%. 82% of occupied homes here are lived in by their owners, and 53% of those owners still have a mortgage.

Lasara at a glance

Lasara Texas U.S.
Median home value $57,700 $283,800 $332,700
Median property tax paid per year $1,802 $4,232 $3,119
Property tax as a share of value 3.12% 1.49% 0.94%
Median household income – $78,476 $80,734
Homes lived in by their owners 82% 63% 65%
Owner homes with a mortgage 53% 56% 61%
Median monthly costs, owners with a mortgage $1,296 $2,106 $1,963
Those costs as a share of the owners' income 17.1% 21.7% 21.0%
Median rent – $1,403 $1,413
Median year homes were built 2004 1992 1980
Vacant homes 13.9% 9.4% 10.1%
Population 1,467 30,188,424 334,922,499

What a typical home costs per month in Lasara

At this week's average 30-year rate of 7.11%, buying the median Lasara home of $57,700 with 20% down costs about $485 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $581, 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 $20,768 for the 20%-down payment.

20% down, 30-year conventional loan
Down payment$11,540
Loan amount$46,160
Principal and interest$311
Property taxes (3.12% a year)$150
Homeowners insurance (our estimate, 0.5% a year)$24
PMI$0
Total per month$485

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3.5% down, 30-year FHA loan
Down payment$2,020
Loan amount$56,655
Principal and interest$381
Property taxes (3.12% a year)$150
Homeowners insurance (our estimate, 0.5% a year)$24
FHA mortgage insurance$26
Total per month$581

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Questions about home buying in Lasara

What is the median home value in Lasara?

About $57,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Lasara?

Homeowners pay a median $1,802 a year, which is about 3.12% 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 Lasara?

For the median home with 20% down at 7.11%, the payment is about $485 a month. Keeping that under 28% of gross income takes about $20,768 a year.

More about Lasara

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