Mortgage Calculator for College Station, TX

College Station, TX Housing Market Overview

As of 2026, the median home price in College Station, TX is approximately $355,000. The local housing market has seen steady growth over the past few years, influenced by the city’s expanding population and the presence of Texas A&M University. While some neighborhoods have witnessed higher appreciation due to new developments and proximity to campus, others have remained relatively stable. The market typically favors sellers, but inventory has been increasing, offering more choices for buyers.

Neighborhood price variation is noticeable across College Station. Areas closer to Texas A&M and the Northgate District command higher prices, while suburban communities and older neighborhoods may offer more affordable options.

Property Taxes in College Station, TX

College Station property taxes are determined by Brazos County, the City of College Station, and local school districts. As of 2026, the effective property tax rate in College Station is approximately 2.2% of assessed value, which is slightly higher than the Texas statewide average of about 1.8%. Local taxing entities include College Station ISD and the city government.

Many homeowners in College Station may qualify for exemptions, such as the standard homestead exemption and additional exemptions for seniors or people with disabilities. The median annual property tax bill in College Station is estimated to be around $7,800, depending on home value and exemptions applied.

Homeowners Insurance in College Station, TX

Homeowners insurance in College Station typically costs between $1,900 and $2,500 per year as of 2026. Several factors influence premiums, including severe weather risks such as hail, windstorms, and occasional flooding. While wildfire risk is generally low, certain neighborhoods near undeveloped land may see higher premiums.

• Flood zones: Some areas, especially near creeks and low-lying spots, may require additional flood insurance.
• Weather risks: Hail and severe thunderstorms are the most common causes of claims in College Station.

Buying Costs in College Station, TX

Typical closing costs for home buyers in College Station range from 2% to 4% of the purchase price. For a median-priced home, buyers can expect closing costs of approximately $7,000 to $14,000. These costs include lender fees, appraisal, title insurance, and escrow fees.

The City of College Station does not impose a city-specific real estate transfer tax. However, buyers should budget for standard title and recording fees. Local utility setup charges and homeowners association transfer fees (where applicable) may also apply.

College Station Neighborhoods and Market

College Station offers a variety of neighborhoods, each with distinct characteristics and home price ranges:

• Southwood Valley: Family-friendly, established, median home prices around $330,000.
• Castlegate: Newer homes, amenities, prices typically between $370,000 and $450,000.
• Northgate District: Close to campus, popular with students and investors, condos and townhomes from $190,000, single-family homes upwards of $400,000.
• Pebble Creek: Upscale golf course community with homes ranging from $500,000 to over $1 million.
• Edelweiss Gartens: Affordable newer homes, prices generally $320,000–$390,000.
• Indian Lakes: Luxury properties on larger lots, homes commonly $900,000 and up.

Living and Working in College Station

College Station is anchored by Texas A&M University, the largest employer in the city. Other major employers include St. Joseph Health, College Station Independent School District, and various technology and research firms.

The cost of living in College Station is generally on par with the Texas average and about 8-10% lower than the national average as of 2026. Housing is a significant factor in this affordability, complemented by reasonable utility and transportation costs.

First-Time Buyer Programs in College Station, TX

In addition to Texas state homebuyer programs, College Station and Brazos County offer local assistance for first-time buyers:

• College Station Homebuyer Assistance Program: Offers up to $10,000 in down payment and closing cost assistance for eligible buyers purchasing within city limits, subject to income and purchase price limits.
• Brazos County Down Payment Assistance: Provides forgivable loans for down payment and closing costs, typically available to low-to-moderate-income households.
• Texas State Affordable Housing Corporation (TSAHC): Statewide programs are also available to College Station residents, including grants and low-interest mortgage options.

Our team helps buyers determine eligibility and guides them through the application process for both local and state assistance programs.

About Capfi Lending NMLS# 1692019

With 22 years of mortgage experience, we specialize in helping homebuyers navigate the mortgage process with confidence. Licensed in TX. Whether you’re buying your first home or refinancing, we’re here to help you find the right loan for your situation.

📞 (512) 593-1336   ✉ info@capfilending.com   🌐 https://capfilending.com/

Frequently Asked Questions

What is the average home price in College Station, TX?

Home prices in College Station, TX vary by neighborhood and property type. Use our mortgage calculator above to estimate payments based on current median prices in the area.

What are property tax rates in College Station, TX?

Property tax rates in College Station, TX depend on the county and local municipality. See the property tax section above for current effective rates and county-by-county breakdowns.

How much do I need for a down payment in College Station, TX?

Most conventional loans require 3-20% down. FHA loans require as little as 3.5% down. VA and USDA loans may offer 0% down payment options for eligible buyers in College Station, TX.

Are there first-time homebuyer programs in College Station, TX?

Yes – Texas offers down payment assistance and low-interest mortgage programs through its state housing finance authority. See the First-Time Buyer Programs section above for details.

What are typical closing costs in College Station, TX?

Closing costs in College Station, TX typically range from 2% to 5% of the purchase price, covering lender fees, title insurance, appraisal, and any applicable state or local transfer taxes.