Dallas County, TX Closing Cost Calculator

A 20% down payment on a median Dallas County home requires $64,000 in cash — or $11,200 for an FHA-minimum 3.5% down payment. Buyers with less than 20% down will also need to budget for PMI or FHA MIP.

Dallas County's median home value of $320,000 is close to the national median of $310,000, putting most buyers in the conforming loan range with conventional or FHA options readily available.

Dallas County's $320,000 median sits between El Paso County ($195,000) and Travis County ($560,000) within the Texas counties we track.

Dallas County's effective property tax rate of 2.10% is 91% above the 1.10% national average across the markets we track — placing it among the top 20% highest-tax counties in our dataset.

Based on the 2.10% effective rate and a median home value of $320,000, a typical homeowner in Dallas County pays approximately $6,720 in annual property taxes — or $560 per month added to their mortgage payment.

Sources: Tax Foundation 2025

Homeowners insurance in Dallas County averages around $3,000/year ($250/month) — roughly 88% above the national average of $1,600.

Premium quotes in Dallas County typically range from $2,100 to $4,300 per year depending on home age, construction type, coverage limits, and your insurer. Always get multiple quotes.

Sources: NAIC 2024

A buyer purchasing the median Dallas County home ($320,000) with FHA's minimum 3.5% down would borrow $308,800 — well within the $541,287 baseline FHA limit for this county. FHA financing is a viable option for most buyers here.

With 20% down on a median-priced home, the loan amount of $256,000 stays $576,750 below the $832,750 conforming limit — giving buyers access to conventional Fannie/Freddie pricing without jumbo underwriting.

Sources: HUD ML 2025-23, FHFA 2026