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TX

Texas

2024 Loan Rules & Limits

📊 Loan Limits (2024)

Conforming Limit
$766,550
FHFA single-family baseline
FHA Floor
$498,257
HUD single-family baseline

💰 Tax Climate

State Income Tax
No
No state income tax

🏛️ State Housing Agency

TDHCA

Available Programs

  • TDHCA My First Texas Home
  • TDHCA My Choice TX Home

📋 Lending Notes

No state income tax — major draw for buyers. Standard conforming limits statewide but Austin, Dallas, Houston, and San Antonio are high-demand metros. High property tax rates (1.6–2.5%) partially offset income tax savings. Texas is a community property state — both spouses must sign deed.

Loan limits effective January 1, 2024. Actual limits vary by county. Always verify current limits with your lender or at hud.gov and fhfa.gov.