Texas · McAllen-Edinburg-Mission, TX metro area

Buying a home in Edinburg, Texas

In Edinburg, the median value of owner-occupied homes is $189,600, Hidalgo County's effective property tax rate is 1.62%, a purchase mortgage carried a median $9,890 in total loan costs in 2025, and median gross rent is $996 a month.

Data as of : Census ACS 2020-2024, Census Vintage 2024, HMDA 2025, HUD FY 2027. Sources

Edinburg home costs, fact by fact

About Edinburg

Edinburg is an incorporated city in Hidalgo County, Texas, with a population of 108,733. It lies in the McAllen-Edinburg-Mission, TX metro area, which ranks 64th among U.S. metro areas. The median value of owner-occupied homes, as estimated by owners rather than a sale price, is $189,600, and 53.3% of homes are owner-occupied.

Reading the Edinburg figures

Edinburg is a lower-value city among the 45 Texas cities on Payotte. Owners estimate $189,600, compared with $318,100 across the state. McAllen reports $190,400, Laredo $193,500, San Angelo $187,600, so the city sits inside a tight cluster. Dallas ($320,700) lies far above it, Corpus Christi ($210,400) less so, and Brownsville ($139,900) below.

Rent is $996 a month, lower than Laredo ($1,030), McAllen ($1,049) or Beaumont ($1,121), and higher than Brownsville ($923). HUD's reference for the McAllen-Edinburg-Mission metro is $1,017 for a 2-bedroom and $1,305 for a bigger home. As a benchmark it is not a market median, which explains why it sits above the city's own median.

Ownership is not especially high: 53.3% of households own, below McAllen (59.5%), Laredo (64.1%) or Brownsville (61.7%), but well above Dallas (42.4%). The county tax stands out. Hidalgo County's effective rate is 1.62%, and its median yearly bill is $2,279 where homes are valued around $140,900. That county value is lower than the city's $189,600 estimate, so the county figure may understate what an Edinburg owner pays; the rate is the better number to carry over. Taken together, the 1.62% rate and the $2,279 bill are a fixed cost worth modelling against the $996 rent before you commit. Loan costs are among the larger numbers. The 2025 HMDA data show 4,175 loans in Hidalgo County, where the middle loan cost reaches $9,890 and a typical spread goes from $6,838 to $13,213, so closing can take a bigger bite of a lower-priced purchase. The pattern for a buyer is a cheaper home and lower rent, paired with tax and lender charges that do not fall at the same pace. It helps to set Edinburg against the cities that share its price band. Abilene reports $183,700 with a $1,157 rent and 56.1% owners; Beaumont reports $166,400 with $1,121 and 55.3%; El Paso reports $184,500 with $1,073 and 60.8%. Edinburg's rent of $996 is lower than all of them, while its owner share of 53.3% is also smaller. Wichita Falls, with $156,800 and $1,022, is lower in value, and its owner share of 56.4% is close. Edinburg has no sector figures yet, so the reading stays at the city level. Laredo, with an owner share of 64.1% and a $1,030 rent, is the closest on rent but has a higher share of homeowners, whereas McAllen reports 59.5% and $1,049. These cities form a tight band, so choosing among them is mostly a question of county tax and loan costs, which is where the Hidalgo County figures above matter.

Calculate for Texas

If you buy

Texas state transfer tax

Texas has no real estate transfer tax. Change the price: the amount is recalculated instantly.

Price$318,100
State transfer tax$0
Share of the price—

Default price: the Texas median value of owner-occupied homes, $318,100 (Census ACS 2025). Rule: No transfer tax exists. Buyers pay county recording fees and a state-set title insurance premium. Who pays: No transfer tax to assign. Recording fees and the title insurance premium appear on the closing statement. Not included: county and city transfer taxes, recording fees, title insurance and lender charges. Texas transfer tax guide · all 50 states.

If you sell

Capital gain and the federal tax on it

Same federal rule in every state: Section 121 of the Internal Revenue Code excludes up to $250,000 of gain on a main home ($500,000 for a married couple filing jointly).

Capital gain$350,000
Section 121 exclusion$250,000 (limit $250,000)
Taxable gain$100,000
Type of gainLong-term (owned over 1 year), 15% chosen
Federal tax on the gain$15,000

Section 121 excludes $250,000; the rest is taxable.

Gain = sale price minus your adjusted basis (purchase price, buying costs and improvements); selling expenses reduce it (IRS Publication 523). Long-term rates for sales in 2026, by taxable income including the gain (IRS Rev. Proc. 2025-32, section 4.03): 0% up to $49,450 single or $98,900 married filing jointly, 15% up to $545,500 single or $613,700 jointly, 20% above. Not included: Texas state income tax on the gain (not computed), the net investment income tax, depreciation recapture on a rental or home office, and the reduced exclusion for an early sale. Agent commissions are negotiated and never set by law. Capital gains on a home sale.

Questions about buying a home in Edinburg

How much is property tax in Edinburg?

Homeowners in Hidalgo County pay a median $2,279 a year in property tax, 1.62% of the county median home value of $140,900 (Census ACS 2020-2024). Your bill depends on your assessed value and local rates.

What are closing costs on a mortgage in Edinburg?

Home-purchase mortgages in Hidalgo County carried median total loan costs of $9,890 in 2025; half of the 4,175 loans fell between $6,838 and $13,213 (HMDA). Total loan costs are the lender and settlement-service charges of the Closing Disclosure; transfer taxes and prepaid items come on top.

Is there a transfer tax when you buy a home in Edinburg?

Texas has no real estate transfer tax. Article VIII, Section 29 of the Texas Constitution, added November 3, 2015, says no law enacted after January 1, 2016 may impose a transfer tax on a transaction that conveys fee simple title to real property.

Is it cheaper to rent or buy in Edinburg?

It depends on your mortgage rate, down payment and how long you stay. As a benchmark, the median value of owner-occupied homes in Edinburg ($189,600) equals 15.9 years of the median gross rent ($996 a month), both from Census ACS 2020-2024.

What natural hazards affect home insurance in Edinburg?

Across Texas, the main hazards for home insurance are flood, tornado, wind and hail, and the insurer of last resort is Texas FAIR Plan Association (TFPA). Texas gets more tornadoes than any other state, according to the Texas Department of Insurance; on the coast, windstorm coverage comes from a separate policy, often from TWIA, in 14 coastal counties plus part of Harris County.

Run your own numbers: rent vs buy calculator · closing costs calculator.

Texas rules that apply in Edinburg

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Sources

Texas · All states · Federal guides