Why does down payment vary across Texas?

Home prices vary widely; a 12% down payment scales with the local median. Owner financing often accepts less.

Yes, owner-finance deals commonly land in the 10-20% range. Conventional underwriting usually wants 20% to avoid PMI.

Can I find lower-down options?

Browse low-down-payment homes by city, many owner-finance and lease-option deals sit under 10%.

Buyer authority TX

Estimated owner-finance down payment by city in Texas.

Down payments scale with home prices but flex by financing type. This ranks Texas cities by an estimated typical down payment on an owner-financed or low-down deal (12% of estimated median home value). This is a modeled directional comparison, not a survey of actual closings.

Last updated September 2026

Texas ranking

50 cities ranked. Click any row for the matching local page.

#	City	Est. typical down payment	Score
1	Southlake	$70,600	30	View →
2	Bellaire	$63,700	38	View →
3	Colleyville	$62,500	39	View →
4	Flower Mound	$56,500	46	View →
5	Sugar Land	$54,600	48	View →
6	Frisco	$55,100	48	View →
7	Spring	$53,800	49	View →
8	Coppell	$53,900	49	View →
9	Plano	$52,800	50	View →
10	Cypress	$53,200	50	View →
11	Allen	$53,400	50	View →
12	Austin	$52,100	51	View →
13	Katy	$52,200	51	View →
14	Richmond	$52,200	51	View →
15	Kingwood	$52,300	51	View →
16	Boerne	$52,100	51	View →
17	Argyle	$52,200	51	View →
18	Pearland	$51,600	52	View →
19	Friendswood	$50,800	52	View →
20	Roanoke	$50,800	52	View →
21	Helotes	$51,000	52	View →
22	Mckinney	$49,900	53	View →
23	Richardson	$50,400	53	View →
24	Keller	$50,300	53	View →
25	Round Rock	$49,400	54	View →
26	League City	$49,200	54	View →
27	Mansfield	$49,000	54	View →
28	Rockwall	$49,200	54	View →
29	Prosper	$49,600	54	View →
30	Midland	$48,200	55	View →
31	Carrollton	$48,500	55	View →
32	Aledo	$48,400	55	View →
33	Missouri City	$47,200	56	View →
34	Cedar Park	$47,500	56	View →
35	The Colony	$47,900	56	View →
36	Grapevine	$47,300	56	View →
37	Montgomery	$47,400	56	View →
38	Houston	$46,400	57	View →
39	Tomball	$46,600	57	View →
40	Leander	$46,600	57	View →
41	Magnolia	$46,700	57	View →
42	Rowlett	$46,700	57	View →
43	Little Elm	$46,400	57	View →
44	Forney	$46,400	57	View →
45	Deer Park	$46,300	57	View →
46	Cibolo	$46,300	57	View →
47	Midlothian	$46,300	57	View →
48	Buda	$46,300	57	View →
49	Dallas	$45,500	58	View →
50	Lewisville	$45,400	58	View →

Methodology

Estimated down = 12% of estimated median home value (representative of owner-financed and low-down deals). Conventional loans typically require 20%; FHA can be 3.5%. Use as a directional comparison.

FAQ

Why does down payment vary across Texas?: Home prices vary widely; a 12% down payment scales with the local median. Owner financing often accepts less.
Is 12% realistic?: Yes, owner-finance deals commonly land in the 10-20% range. Conventional underwriting usually wants 20% to avoid PMI.
Can I find lower-down options?: Browse low-down-payment homes by city, many owner-finance and lease-option deals sit under 10%.