The typical home in Abilene, TX is worth about $225,000.
With 20% down that's a loan near $180,000 — the calculator
is pre-filled with that figure. Dyess Air Force Base, home to a B-1 bomber wing, and three small private universities give Abilene a steadier economic base than most oil-patch-adjacent West Texas cities.
$1,168.67 / month
Total interest
$240,725
Total paid
$420,725
Payoff
30.0 years
How much you need to earn
Abilene, TX's median household income is about
$56,000 a year. Under standard 28/36
lending rules that supports a home price around
$149,670 with 20% down —
below the $225,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.
Typical asking rent in Abilene, TX is about $1,050 a month, so owning the median home costs roughly
$746 more per month before tax
effects, maintenance, and any change in home value.
Frequently asked questions
What is a typical mortgage payment in Abilene, TX?
On the metro's roughly $225,000 typical home with 20% down, the loan is about $180,000. Principal and interest run near $1,169 a month at today's rate, and Abilene, TX's property tax plus insurance add about $627, for a full payment near $1,796.
Can I afford a home in Abilene, TX on the median income?
The median household income is about $56,000 a year. Under standard 28/36 lending rules that supports a home price around $149,670 with 20% down — below the $225,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Abilene, TX?
Typical asking rent is about $1,050 a month. The full owner payment on a median home is near $1,796, so owning costs roughly $746 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Abilene, TX?
The effective property tax rate in the core county is about 1.70% of market value — roughly $3,825 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Abilene, TX rising or falling?
Home values are up about 8% over the past year. Dyess Air Force Base, home to a B-1 bomber wing, and three small private universities give Abilene a steadier economic base than most oil-patch-adjacent West Texas cities.