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  • Writer's pictureKurtney Noonan


Texas has become a hot spot on my radar ever since Tommy accepted his admission to TCU last year. In visiting the state more, and completely falling in love with Ft Worth, I have become extremely interested in their real estate market - occupational hazard.

We’ve all heard it a million times - “California is so expensive; Texas is way cheaper”! After running the real estate numbers, the results are dare I say, interesting...

"True" or "False": California homes are so expensive, Texas is WAY cheaper.

If you said "True" the short answer is that's not correct, well, not exactly. Here are a few reasons why:

  1. Taxes Are HIGHER in Texas: The annual tax rate in Texas is 2% a year based on the assessed value in California, there is an annual tax rate of 1% and it can not increase more than 2% a year

  2. Insurance Is HIGHER in Texas: In Texas, the average annual insurance premium is $3,875/year in California, the average insurance rate is $1,400/year

So, you may be asking, "What does this mean?" If so, here's a little breakdown:

If you had $1,000,000 to spend you'd get more land and home in Texas compared to what you can get in California. Over the time you owned that $1,000,000 home though, you will pay more in Texas than you would in California for it.

To visualize what you can get in Texas vs. California right now, here are a few homes listed at similar price points in each area:

Please reach out if you’d like to chat about this more!

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