Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Texas and Virginia. Updated for 2026.
Metric
Texas
Virginia
Median Home Price
$310K
$400K
Property Tax Rate
1.8%
0.82%
Avg Closing Costs
$5K
$6K
Closing Cost %
1.7%
1.5%
Transfer Tax
None
0.25%
Homeowners Insurance
$3,800/yr
$1,700/yr
First-Time Buyer Program
TDHCA My First Texas Home
Up to 5% DPA grant
Virginia Housing DPA Grant
Up to 2.5% grant
Verdict
Texas and Virginia are evenly matched across major housing cost categories. Your decision may come down to other factors like job market, climate, or lifestyle preferences. Use the calculators below to model your specific scenario.