Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Missouri and Texas. Updated for 2026.
Metric
Missouri
Texas
Median Home Price
$235K
$310K
Property Tax Rate
0.97%
1.8%
Avg Closing Costs
$2K
$5K
Closing Cost %
0.9%
1.7%
Transfer Tax
None
None
Homeowners Insurance
$2,200/yr
$3,800/yr
First-Time Buyer Program
MHDC First Place Loan
Up to 4% cash assistance
TDHCA My First Texas Home
Up to 5% DPA grant
Verdict
Missouri wins 5 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $235K and lower overall costs, Missouri offers meaningful savings compared to Texas. Both states offer first-time buyer programs — explore the state pages for full details.