Texas · Dallas-Fort Worth-Arlington, TX metro area

Buying a home in Lewisville, Texas

In Lewisville, the median value of owner-occupied homes is $378,500, Denton County's effective property tax rate is 1.61%, a purchase mortgage carried a median $8,618 in total loan costs in 2025, and median gross rent is $1,670 a month.

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

Lewisville home costs, fact by fact

About Lewisville

The median gross rent is $1,670 per month, and 46.3% of homes are owner-occupied.

Reading the Lewisville figures

Lewisville offers a useful contrast between ownership and rent. Owners estimate the median home at $378,500, above the Texas figure of $318,100 and about level with Carrollton, where owners report $381,000. Yet only 46.3% of households own, a smaller share than in Carrollton (58.5%), Round Rock (55.5%) or Denton (50%). Allen reaches 69.4%. Sugar Land reaches 80.3%. Dallas has 42.4%. College Station has 35.4%. Both are lower. A smaller owner share points to a city where renting is common, which fits the rent level below.

The census median rent is $1,670 a month. That is above Denton ($1,420), College Station ($1,194) or Dallas ($1,472), and close to League City, where it is $1,684, or New Braunfels, where it is $1,654. Allen shows $1,932. Sugar Land shows $1,957. HUD lists $1,807 for its smaller-home tier in the Dallas metro zone, plus $2,275 for the larger tier. It is a federal benchmark and not a market median, and the census figure falls below both tiers.

On value, Lewisville sits among a cluster. League City reports $360,000. Pearland reaches $356,300, Denton $348,200, and College Station $346,700. All of those are below it. Allen reports $464,100. Richardson reports $431,400. Georgetown reports $429,100. All of them are above. Values here come from owners' own answers, not from recorded sales.

Denton County sets the tax. The median annual bill is $7,055, resting on an effective rate of 1.61% applied to a typical county home valued at $437,200. Lewisville's median value sits below that county figure, so a typical purchase would be below the value behind the bill, and the county number is a ceiling-style reference rather than a quote. For a buyer weighing rent against ownership, the tax bill alone is a meaningful part of monthly cost.

Loan costs add to the picture. In 2025 lenders recorded 14,429 loans, with a median total cost of $8,618. The middle of the distribution ran from $5,699 to $12,167. Comparing several lenders' written estimates is the simplest way to see where within that range a particular loan would fall, and it matters more for a buyer who plans to stay for years than for one who plans to move soon.

Lewisville has 135,983 residents, nearly identical to Carrollton's 135,456. Round Rock, with 135,359, is just as close. Those cities have almost the same population but quite different owner shares, which is why rent and ownership figures are more informative than headcount. It belongs to the Dallas-Fort Worth-Arlington metro area, ranked 4th nationally with 8,344,032 people. The city is large enough that Denton County's high tax bill, $7,055, will matter to more households than any single loan-cost figure. It spans 2 counties, and the figures above come from Denton County.

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 Lewisville

How much is property tax in Lewisville?

Homeowners in Denton County pay a median $7,055 a year in property tax, 1.61% of the county median home value of $437,200 (Census ACS 2020-2024). Your bill depends on your assessed value and local rates.

What are closing costs on a mortgage in Lewisville?

Home-purchase mortgages in Denton County carried median total loan costs of $8,618 in 2025; half of the 14,429 loans fell between $5,699 and $12,167 (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 Lewisville?

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 Lewisville?

It depends on your mortgage rate, down payment and how long you stay. As a benchmark, the median value of owner-occupied homes in Lewisville ($378,500) equals 18.9 years of the median gross rent ($1,670 a month), both from Census ACS 2020-2024.

What natural hazards affect home insurance in Lewisville?

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.

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Texas rules that apply in Lewisville

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Sources

Texas · All states · Federal guides