In Gun Barrel City, a typical home is worth $237,300 and typical rent is $960 a month. Compared with all of Henderson County, the typical home value is 12% higher, typical household income is 9% higher, and the share of households that own their home is 13 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $244,719 to $249,518.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Gun Barrel City is in Henderson County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Henderson County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Corsicana, the typical home value is $168,900: 29% less than in Gun Barrel City ($237,300).
2
91% of households in Gun Barrel City own their home, against 78% in Henderson County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Gun Barrel City
What homes there are in Gun Barrel City, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Gun Barrel City
Henderson County
Texas
United States
Kind of home: Gun Barrel City and its comparisons
Measure
Gun Barrel City
Henderson County
Texas
United States
Detached house
73%
64%
64%
61%
Attached house
Unreliable estimate
1%
3%
6%
Building of 2 to 4
Unreliable estimate
3%
5%
8%
Apartments (5 or more)
Unreliable estimate
5%
21%
19%
Mobile home
21%
26%
6%
6%
Boat, RV and other
Unreliable estimate
1%
0%
0%
The detached house rules in Gun Barrel City: 73% of homes, more than in Henderson County (64%).
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Gun Barrel City
Henderson County
Texas
United States
Year built: Gun Barrel City and its comparisons
Measure
Gun Barrel City
Henderson County
Texas
United States
Before 1960
Unreliable estimate
9%
12%
26%
1960–1979
28%
25%
21%
24%
1980–1999
33%
32%
28%
25%
2000–2009
19%
16%
18%
14%
2010 or later
16%
18%
21%
11%
In Gun Barrel City, half of the homes were built before 1989; in Henderson County, before 1988.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K18%
$100K–$200K21%
$200K–$300K27%
$300K–$500K22%
$500K–$750KUnreliable
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Gun Barrel City and its comparisons
Measure
Gun Barrel City
Under $100K
18%
$100K–$200K
21%
$200K–$300K
27%
$300K–$500K
22%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable
$1M or more
Unreliable estimate
At least 88% of owner-occupied homes in Gun Barrel City are worth less than $500,000, below the FHA loan limit for Henderson County ($541,287).
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Gun Barrel City and its comparisons
Measure
Gun Barrel City
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable
With a mortgage
$1,516 a month
Henderson County: $1,573 a month
Without a mortgage
$646 a month
Henderson County: $535 a month
Owners with a mortgage
52%
Henderson County: 43%
Owning costs about the same in Gun Barrel City as in Henderson County: with a mortgage, $1,516 a month; without one, $646.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Gun Barrel City+94%
Henderson County+95%
Texas+65%
United States+53%
Typical rent
Gun Barrel City+35%
Henderson County+34%
Texas+34%
United States+33%
Typical household income
Gun Barrel City+63%
Henderson County+38%
Texas+27%
United States+29%
Change since 2015–2019: Gun Barrel City and its comparisons
Measure
Gun Barrel City
Henderson County
Texas
United States
Typical home value
+94%
+95%
+65%
+53%
Typical rent
+35%
+34%
+34%
+33%
Typical household income
+63%
+38%
+27%
+29%
The typical home value in Gun Barrel City rose 94% since 2015–2019, about the same as in Henderson County (95%).
The typical rent in Gun Barrel City rose 35% since 2015–2019, about the same as in Henderson County (34%).
The typical household income in Gun Barrel City rose 63% over that time; home values changed +94% and rent +35%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Gun Barrel City and its comparisons
Measure
Gun Barrel City
Henderson County
Texas
United States
Rental vacancy
Unreliable estimate
8.3%
7.7%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
1.1%
0.9%
More than one person per room
Unreliable estimate
4.1%
4.8%
3.4%
People per household
2.25
2.49
2.69
2.53
Drive alone
64%
76%
71%
69%
Carpool
Unreliable estimate
12%
10%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
Unreliable estimate
2%
2%
3%
Work from home
17%
9%
14%
15%
Other means
Unreliable estimate
2%
2%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
Households in Gun Barrel City are smaller: 2.25 people on average; in Henderson County, 2.49.
Working from home is more common in Gun Barrel City: 17%, against 9% in Henderson County.
Do the math
What would you pay each month for a home in Gun Barrel City?
A typical home is tight for the typical income
We start with a typical home in Gun Barrel City, worth $237,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 33% of the typical household income in Gun Barrel City, which is $71,310 a year. For that payment to be 28% of income, a household would need to earn about $84,519 a year.
The calculator's FHA and conventional loan limits are those of all of Henderson County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Gun Barrel City. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $8,306 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,972
at 7.18% · 30 years
Loan amount
$233,001
Total interest
$335,234
Paid off in
November 2056
Includes $4,007 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,664 a month
Tight
$1,664 to $2,139 a month
Your payment · 33%
Hard
more than $2,139 a month
Compared with the typical household income in Gun Barrel City ($71,310 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,578
Property tax
$190
Home insurance
$99
FHA mortgage insurance (MIP)
$105
You need at least $8,306 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,972; principal and interest $1,578.
The city and its county
Gun Barrel City and Henderson County
Gun Barrel City is in Henderson County, Texas. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Gun Barrel City
Map of Henderson County, Texas, with Gun Barrel City marked. Around it, the neighboring counties.
Gun Barrel City
Henderson County
Other cities with a page
Gun Barrel City's own numbers
Typical home value
$237,300
Typical monthly rent
$960
Typical yearly household income
$71,310
Households that own their home
91%
Effective property tax rate
0.96%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Henderson County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,114
Price change over 5 years (FHFA)
+58%
Homes in a high flood-risk zone
3%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Henderson County.
A typical home in Gun Barrel City is worth $237,300: 12% above the county and 16% below Texas. With the typical household income in Gun Barrel City ($71,310 a year), a typical home costs 3.3 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Gun Barrel City3.3 years
Henderson3.2 years
Texas3.6 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Henderson County
According to FHFA’s house price index, home prices in Henderson County rose 117% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Henderson County.
Yearly change in FHFA’s price index in Henderson County, 2016 to 2025
2016: +4.2% +4.2% 2016
2017: +8.5% +8.5% 2017
2018: +8.0% +8.0% 2018
2019: +6.7% +6.7% 2019
2020: +5.3% +5.3% 2020
2021: +17.1% +17.1% 2021
2022: +18.0% +18.0% 2022
2023: +9.7% +9.7% 2023
2024: +2.3% +2.3% 2024
2025: +1.9% +1.9% 2025
Change in FHFA’s price index in Henderson County, Texas and the United States
Period
County
Texas
U.S.
Last year (2025)
+1.9%
+0.8%
+2.9%
5 years (2020–2025)
+58%
+44%
+47%
10 years (2015–2025)
+117%
+88%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Gun Barrel City next to Henderson County, Texas and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Gun Barrel City$237,300
Henderson$211,300
Texas$283,800
United States$332,700
Typical monthly rent
Gun Barrel City$960
Henderson$1,048
Texas$1,403
United States$1,413
Typical yearly household income
Gun Barrel City$71,310
Henderson$65,179
Texas$78,476
United States$80,734
See the full table
Gun Barrel City next to Henderson County and Texas
Measure
Gun Barrel City
Henderson County
Texas
U.S.
Typical home value
$237,300 ▲12% above the county
$211,300
$283,800
$332,700
Typical monthly rent
$960 ▼8% below the county
$1,048
$1,403
$1,413
Typical yearly household income
$71,310 ▲9% above the county
$65,179
$78,476
$80,734
Households that own their home
91% ▲13 points above the county
78%
63%
65%
Typical yearly property tax
$2,275 ▲14% above the county
$1,991
$4,232
$3,119
Effective property tax rate
0.96% ▲0.02 points above the county
0.94%
1.49%
0.94%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Henderson County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Gun Barrel City
For a typical $237,300 home in Gun Barrel City, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Gun Barrel City's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,972a month
Least cash to close
Down payment
$8,306
Cash to close
$15,425
Rate
7.18%
Mortgage insurance
FHA MIP · $105
Conventional, 5% down$1,929a month
Down payment
$11,865
Cash to close
$18,984
Rate
7.18%
Mortgage insurance
PMI · $113
Conventional, 20% down, no PMI$1,575a month
Down payment
$47,460
Cash to close
$54,579
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,794a month
Down payment
$35,595
Cash to close
$42,714
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Gun Barrel City
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,972
$8,306
$233,002
7.18%
FHA MIP · $105
$15,425
580
Conventional, 5% down
$1,929
$11,865
$225,435
7.18%
PMI · $113
$18,984
620*
Conventional, 20% down, no PMI
$1,575
$47,460
$189,840
7.18%
None
$54,579
620*
ITIN, 15% down (example)
$1,794
$35,595
$201,705
8.18%
None
$42,714
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Gun Barrel City is $960 a month: 8% below the county.
HUD publishes a fair market rent for all of Henderson County, by unit size. To pay the 2-bedroom one ($1,114 a month) without spending more than 30% of your income, you would need to earn $21.42 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Henderson County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$822
$15.81
$32,880
1 bedroom
$910
$17.50
$36,400
2 bedrooms
$1,114
$21.42
$44,560
3 bedrooms
$1,456
$28.00
$58,240
4 bedrooms
$1,648
$31.69
$65,920
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Gun Barrel City
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Gun Barrel City is in ZIP code 75156.
For 2 bedrooms it is $1,070: $44 less than the fair market rent for Henderson County ($1,114).
Fair market rent by ZIP code and size in Gun Barrel City, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
75156
$790
$870
$1,070
$1,400
$1,580
ZIP code2 bd3 bd
75156 $1,070$1,400
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Gun Barrel City when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Henderson County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Gun Barrel City or Henderson County. The ones below are statewide in Texas: they work in Gun Barrel City the same as in the rest of the state.
Texas state program for first-time buyers: a 30-year mortgage with down payment assistance.Offered by Texas Department of Housing and Community Affairs (TDHCA).
Texas state program with down payment assistance for any buyer, not only first-time buyers.Offered by Texas Department of Housing and Community Affairs (TDHCA).
Texas state certificate that turns part of your mortgage interest into a credit on your federal tax return.Offered by Texas Department of Housing and Community Affairs (TDHCA).
The HUD-approved agencies closest to the center of Gun Barrel City, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
NC
NSC (naca Counseling Subsidiary) - Dallas, TX
5787 S Hampton Rd Ste 115, Dallas · 49 miles away · Spanish
No legal help resource on our list is for Gun Barrel City or Henderson County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Gun Barrel City and all of Henderson County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Gun Barrel City?
The typical home value in Gun Barrel City is $237,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Henderson County it is $211,300.
How much does it cost to rent in Gun Barrel City?
Typical rent in Gun Barrel City is $960 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Henderson County is $1,114.
What is the FHA loan limit in Gun Barrel City?
Gun Barrel City uses the FHA limit for all of Henderson County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Gun Barrel City?
The typical homeowner in Gun Barrel City pays $2,275 a year, according to the U.S. Census Bureau. That is 0.96% of the home’s value; in Henderson County, the rate is 0.94%.
Where can I find free help to buy or rent in Gun Barrel City?
We found no HUD-approved counseling agencies with an office in Henderson County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
